Strategic Sourcing Specialist II

Bracco Medical Technologies; Eden Prairie (MN); On-site; USD 89,000 - 97,000; Full time

Benefits offered by this job

PTO & Holidays

Paid Family Leave

401k plan

Health, dental, vision insurance

Job summary

Bracco Medical Technologies seeks a Sourcing Specialist to manage the commercial and operational relationship with contract manufacturing partners, ensuring uninterrupted supply of outsourced systems and assemblies. You will act as the main liaison with cross-functional teams, drive supplier performance, optimize inventory, and support new product introductions and lifecycle management.

The ideal candidate will bring strong sourcing, planning, and supplier relationship skills in a regulated

Qualifications

• Bachelor’s degree in Business Administration, Supply Chain, Operations or Finance with minimum 3 years in a supply chain role with supplier interaction. In lieu of degree, 6+ years in supply chain with supplier interaction.
• Minimum 1+ year experience in a medical device manufacturing or similar regulated environment.
• Global sourcing experience and ERP/MRP proficiency.
• Strong interpersonal skills and relationship-building across levels.
• Advanced organizational skills with ability to prioritize in a changing environment.

Responsibilities

• Serve as the primary contact for assigned contract manufacturers and manage supply chain for outsourced finished systems and subassemblies.
• Conduct regular business reviews to evaluate supplier performance, capacity, quality, delivery, and cost.
• Collaborate with planning teams to ensure adequate capacity and material availability; monitor inventory.
• Support S&OP activities with supplier updates and capacity insights.
• Coordinate weekly operational meetings and quarterly business reviews; drive continuous improvement with suppliers.

Skills

Global sourcing

Supplier relationships

ERP/MRP systems

Forecasting

Cross-functional collaboration

Education

Bachelor’s degree in Business Administration / Supply Chain / Operations / Finance

High school diploma with 6+ years experience in supply chain

Job description

We care as much about our employees as we do our patients. Our culture fosters a work environment where employees can thrive, be passionate and have fun along the way. Each member of the Bracco Medical Technologies team has the power to make a difference......every day!

The Sourcing Specialist is responsible for managing the commercial and operational relationship with assigned contract manufacturing (CM) partners to ensure uninterrupted supply of outsourced systems and assemblies. This role serves as the primary supply chain liaison between internal cross-functional teams and external manufacturing partners, driving supplier performance, inventory optimization, cost management, and issue resolution while supporting new product introductions and lifecycle management.

The ideal candidate combines strong sourcing, procurement, planning, and supplier relationship management skills with the ability to manage complex manufacturing partnerships in a regulated manufacturing environment.

Primary Duties & Responsibilities:

• Serve as the primary point of contact for assigned contract manufacturers
• Manage the supply chain for outsourced finished systems and subassemblies
• Conduct regular business reviews to evaluate supplier performance, capacity, quality, delivery, and cost
• On-Time Delivery (OTD)
• Lead Time Performance
• Inventory Levels
• Cost Reduction
• Quality Performance
• Forecast Accuracy
• Escalate supply risks and develop mitigation plans

Supply Planning & Forecast Management

• Communicate forecasts and production requirements to contract manufacturers
• Collaborate with planning teams to ensure suppliers have adequate capacity and material availability
• Monitor inventory at both internal warehouses and contract manufacturer locations
• Manage safety stock strategies and recommend inventory optimization opportunities
• Support Sales & Operations Planning (S&OP) activities by providing supplier updates and capacity insights
• Build strong working relationships with contract manufacturers and key suppliers
• Coordinate weekly operational meetings and quarterly business reviews
• Drive continuous improvement initiatives with suppliers
• Monitor supplier compliance with contractual obligations and service level agreements
• Support supplier audits and performance improvement plans
• Analyze product costs and identify cost savings opportunities
• Participate in contract negotiations and amendments
• Monitor purchase price variance (PPV) and investigate significant changes

Cross-Functional Collaboration

• Partner with Engineering, Manufacturing, Quality, Regulatory, Logistics, Planning and Finance teams
• Support Engineering Change Orders (ECOs), product transfers, and New Product Introductions (NPI)
• Coordinate implementation of design changes with contract manufacturers
• Ensure uninterrupted product supply during product transitions

Qualifications (Knowledge, Skills & Abilities):

Minimum

• Bachelor’s degree, preferably in Business Administration, Supply Chain, Operations, or Finance PLUS a minimum of 3 yrs experience in a supply chain role with supplier interaction. In lieu of degree, a high school diploma PLUS a minimum of 6 yrs experience in a supply chain role with supplier interaction may also be considered.
• Minimum of 1+ yr experience in a medical device manufacturing or similar regulated environment.
• Global sourcing experience.
• Working knowledge of business processes and ERP/MRP systems.
• Strong interpersonal skills and ability to develop and maintain relationships across all levels both within and outside of the organization.
• Advanced organizational skills, with ability to rapidly prioritize in a changing environment.
• Ability to work both autonomously with limited supervision and as part of a team.
• Advanced verbal and written communication skills with demonstrated ability to influence and maintain high levels of communication and feedback with peers, management and various stakeholders

Preferred:

• B.S. in Supply Chain Management
• 3-5 Years experience in Sourcing and Supply Chain in a medical device manufacturing company
• Managing outsourced manufacturing operations
• Working with global contract manufacturers
• Leading supplier business reviews (QBRs)
• Supporting new product launches and product transfers

Compensation & Total Rewards:

Estimated Starting Salary Range: $89,000 - 97,000

*Estimated salary is intended to reflect the salary Bracco Medical Technologies reasonably expects to pay for the position. The provided range is based on salary and market data and may vary based on an employee's eligibility for geographic differential pay in high-cost-of-labor markets.

Total Rewards:

• Paid Time Off, Company Holidays & Paid Family Leave - We provide PTO and Company Holidays to help you recharge, relax and do what’s important to you, when it’s important to you. Our 100% paid family leave options for parents, grandparents and eligible family members provide support for growing families as well.
• Achieve - Beyond competitive compensation, we offer options to help you plan for a financially secure future, including an annual incentive plan and 401k savings plan contributions.
• Live well - We offer comprehensive benefit options to help protect you along the way, including medical, dental, vision, and life insurance, employer HSA contributions, employee assistance program, short-term disability, etc.
• Evolve - Through structured on-the-job learning, workshops, seminars, and our tuition reimbursement program, you’ll find many opportunities to grow, personally and professionally.
• Choose -You won’t find "stuffy" here whether your position requires a hybrid or in-the-office working arrangement. That means business casual for your attire and flexibility in your schedule, wherever possible.

Bracco Medical Technologies is an Affinite Action/Equal Opportunity Employer. Bracco Medical Technologies desires priority referrals of protected veterans for all openings.