Sourcing Manager (Hybrid)

Stryker; Fort Lauderdale (FL); Hybrid; USD 103,000 - 171,000; Full time

Benefits offered by this job

Health benefits package

Health Savings Account (HSA)

401(k) plan with ESPP

Job summary

Stryker is seeking a Sourcing Manager for a hybrid role in Weston, FL. Lead strategic sourcing initiatives, negotiate long-term contracts, and manage supplier relationships to optimize cost, quality, and service. Weekly onsite presence with flexible work from home; candidate must be based in Weston, FL or surrounding area.

Responsibilities include developing supplier strategies, conducting cost analyses, and driving risk mitigation across the supply base.

Qualifications

• Bachelor's degree in a related field (supply chain management, business, Finance, Engineering) or equivalent experience.
• 8+ years experience in supply chain management, including at least 5+ years in strategic sourcing.
• Experience operating in a highly regulated industry.
• International procurement and supplier management experience.
• USN: $102,600 - $171,000 USD Annual

Responsibilities

• Develop best in class strategic sourcing strategies for assigned suppliers and/or commodities in support of business objectives.
• Implement supplier and/or commodity strategy including spend/supply assessments, consolidation strategy, sourcing selection, financial and make v’s buy analyses.
• Develop strong relationships with key suppliers and other disciplines within the businesses; represent the voice of the supplier in the organization.
• Negotiate favorable long‑term supply contracts and serve as the escalation point in resolving supplier challenges.
• Identify supply base risk, develop and implement mitigation plans.
• Utilize market trends to identify and implement appropriate cost controls and business strategy changes.
• Perform cost analyses in partnership with Value Engineering and engage in cost‑based negotiations with suppliers.
• Responsible for assuring cost standards are established for annual operating budgets.
• Lead development of scorecards and business reviews for key suppliers

Skills

Strategic sourcing

Vendor management

Contract negotiation

Cost analysis

Risk assessment

Education

Bachelor's degree in supply chain, business, finance, or engineering

Job description

The Sourcing Manager (Hybrid) will be responsible for developing sourcing strategies for defined suppliers and/or commodities for MAKO business unit. You will work to obtain the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management.You will lead the development and implementation of specific strategies and projects related to cost reduction initiatives, supply base and sourcing optimization and rationalization, quality improvement, risk assessment, and contract negotiation. Hybrid located in weekly onsite with the ability to work for home This is a hybrid role. We are seeking a candidate in Weston, FL or surrounding area. The employee is expected to be physically present at a Stryker location on a weekly basis but has the flexibility to work from home.

Key Areas of Responsibility

• Develop best in class strategic sourcing strategies for assigned suppliers and/or commodities in support of business objectives
• Implement supplier and/or commodity strategy which will include spend/supply assessments, consolidation strategy, sourcing selection, financial and make v’s buy analyses.
• Develop strong relationships with key suppliers as well as other disciplines within the businesses. Represent the ‘voice of the supplier’ in the organization
• Negotiate favorable long‑term supply contracts and serve as the escalation point in resolving supplier challenges.
• Identify supply base risk, develop and implement mitigation plans
• Utilize market trends to identify and implement appropriate cost controls and business strategy changes.
• Perform cost analyses in partnership with Value Engineering and engage in cost‑based negotiations with suppliers.
• Responsible for assuring cost standards are established for annual operating budgets.
• Lead development of scorecards and business reviews for key suppliers

Required Qualifications

• Bachelor’s degree in supply chain management, business, Finance, Engineering or related field or equivalent experience
• 8 Years experience in supply chain management, of which at least 5+ years in strategic sourcing.

Preferred Qualifications

• Experience operating in a highly regulated industry
• Demonstrated excellence in contractual negotiations and administration to obtain best prices and terms on products, materials, and services
• Experience in the assessment and mitigation of risk in the supply base
• International procurement and supplier management experience
• USN: $102,600 - $171,000 USD Annual

Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.