NPI Associate Sourcing Manager (Hybrid)
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Job Location:
Monthly Salary:
Posted on:
22 hours ago
Vacancies:
1 Vacancy
Job Summary
What you will do
Join our team as an NPI Associate Sourcing Manager (Hybrid) and play a critical role in bringing innovative products to market. Youll lead sourcing strategies for complex new product initiatives drive cost efficiencies and ensure smooth supplier collaborationsall while working closely with global cross-functional teams to enable successful product launches. This is a hybrid role. We are seeking a candidate in Cary Il or the surrounding area. The employee is expected to be physically present at the Stryker location 3 days per week but has the flexibility to work from home 2 days per week.
- Own the development and implementation of NPI sourcing strategies for assigned projects of increased complexity utilizing agreed tools and processes
- Perform sourcing analysis and selection process utilizing the agreed tools including financial and non-financial inputs as required for clear sourcing decisions.
- Demonstrate insight and understanding of component cost drivers to develop negotiation strategies
- Own/Lead the negotiation of contracts (i.e. Supply Agreement Development Agreements) per guidelines
- Develop strong relationships with suppliers and stakeholders in scope for the project and serve as a primary escalation point
- Appropriate advocate on behalf of supplier within the organization by providing a balanced viewpoint and holding suppliers accountable as appropriate and lead cross-functional teams to resolve issues
- Lead/Own procurement activities for new product launches supplier selection requests for quotes negotiations awards cost management launch readiness and handover to sustaining procurement
- Assure costs are tracked throughout the project standards are accurately implemented and savings are captured for handover. Alignment with Finance Supply Planning purchasing to ensure parts are set up with all appropriate attributes
- Effectively and timely communicate expectations to suppliers and escalate risks to project teams or management as needed
- Driving change to mitigate risks understanding of key challenges and voicing concerns to project leadership divisional sourcing global category
- Identify savings opportunities during launch planning and future savings opportunities for sustaining sourcing
- Identify gaps/opportunities to support procurement strategy and collaborate with global stakeholders to resolve
- Develop business case proposals to support future transfers dual sourcing design changes etc.
What you need:
Required Qualifications
- Bachelors Degree in Supply Management Business Finance Engineering or related field.
- 6 years of experience in supply chain operations or engineering
- Knowledge and application of supplier contract strategy negotiations contractual terms and contract administration.
- Understanding of procurement strategy
- Demonstrated ability to lead effective relationships internally and externally
- Ability to lead difficult conversations and complex negotiations with suppliers
- Demonstrated ability to leverage data and analytics to identify optimization opportunities
- Experience delivering supply base optimization in areas of delivery quality and cost
- Contracting experience of medium level complexity
- Adept in conflict resolution
- Ability to manage multiple competing priorities in fast paced environments
- Experience influencing without direct authority
- Exercises good judgment and can weigh benefits and risk in order to make solid decisions despite ambiguity
Preferred Qualifications
- Masters degree in supply management business finance engineering or related field
- Electromechanical sourcing experience
- Travel Percentage - 20%
$98200 - $163700 salary plus bonus eligible benefits. Individual pay is based on skills experience and other relevant factors.
Travel Percentage: 20%Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race ethnicity color religion sex gender identity sexual orientation national origin disability or protected veteran status. Stryker is an EO employer M/F/Veteran/Disability.Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about discussed or disclosed their own pay or the pay of another employee or applicant. However employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information unless the disclosure is (a) in response to a formal complaint or charge (b) in furtherance of an investigation proceeding hearing or action including an investigation conducted by the employer or (c) consistent with the contractors legal duty to furnish information.Required Experience:
Manager
Key Skills
- Category Management
- Sourcing
- Procurement
- HR Sourcing
- Supply Chain Experience
- Analysis Skills
- Contract Management
- Supplier Management
- Contract Negotiation
- ERP Systems
- negotiation
- Contracts
About Company
Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongsid ... View more
