Associate Sourcing Manager at Stryker

Cork, County Cork, Ireland

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical DevicesIndustries

Requirements

Bachelor's Degree in Supply Management, Business, Finance, Engineering or related field or equivalent experience
8 Years experience, of which at least 4+ years in Supply Management with focus on strategic sourcing and supplier development
Knowledge and application of supplier contract strategy, negotiations, contractual terms, and contract administration
Strong analytical skills, ability to plan, organize, and implement multiple concurrent tasks
Excellent interpersonal skills - able to express ideas and collaborate effectively with multidisciplinary teams
Excellent PC Literacy (Excel, SharePoint, ERP Systems)
Proven Project Management capability with demonstrated results
Stakeholder Management
Travel Percentage: 10%

Responsibilities

Support the development and implementation of strategic sourcing activities in assigned suppliers and/or commodities to obtain the best quality, service, and value through effective bidding, negotiation, and supplier management
Support the development and implementation of strategies and projects related to cost reduction initiatives, new product development, supply base optimization and rationalization, quality improvements, risk assessments, and contract negotiations
Support cross functional teams to develop best in class strategic sourcing strategies for assigned suppliers and/or commodities in support of business objectives
Support the implementation of supplier and/or commodity strategy which will include spend/supply assessments, consolidation strategy, sourcing selection, financial and make v’s buy analyses
Represent the ‘voice of the supplier’ in the organization
Collaborate with key stakeholders on contract strategy for suppliers and create, negotiate, monitor and enforce when applicable
Develop strong relationships with key suppliers as well as other disciplines within the businesses
Assure cost standards are established for annual operating budgets
May mentor / provide support for graduate /entry level positions

Skills

Strategic Sourcing

Supplier Management

Negotiation

Contract Management

Spend Analysis

Cost Reduction

Risk Assessment

Supply Chain Optimization

Stakeholder Collaboration

Financial Analysis

Stryker

Develops and manufactures medical devices and equipment

About Stryker

Stryker develops and manufactures medical devices and equipment aimed at improving patient care and surgical efficiency. Their products include surgical tools, neurotechnology devices, and orthopedic implants, which are sold directly to hospitals and clinics. Stryker stands out from competitors by focusing on high-quality products and a commitment to advancing healthcare solutions. The company's goal is to enhance the overall healthcare experience for both patients and medical professionals.

Kalamazoo, MichiganHeadquarters

1941Year Founded

$423.3MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Medical & prescription plans

Supplemental health benefits

Flexible Spending accounts

Employee Assistance Program

Short-term & long-term disability

Tuition reimbursement

401(k) plan

Employee Stock Purchase Plan

Risks

Integration challenges from acquisitions may strain Stryker's resources.

Rapid tech advancements risk obsolescence of Stryker's current products.

Regulatory scrutiny on acquisitions could delay Stryker's market entry.

Differentiation

Stryker's acquisitions enhance its minimally invasive surgical solutions portfolio.

Entry into the peripheral vascular segment diversifies Stryker's market presence.

Stryker's focus on AI integration boosts diagnostic accuracy and operational efficiency.

Upsides

Growing demand for minimally invasive solutions aligns with Stryker's strategic acquisitions.

The orthopedic implants market growth benefits Stryker's expanding product line.

Stryker's acquisition of Inari Medical positions it in a high-growth vascular market.

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