Sourcing Lead at Stryker

Portage, Michigan, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical DevicesIndustries

Requirements

Bachelor’s degree in Engineering, Business, Operations Management, Supply Chain Management or similar - required
4 years of experience in strategic sourcing and supplier development - required
Ability to negotiate effectively to obtain best prices and terms on products, materials, and services
Knowledge and application of supplier contract strategy, negotiations, contractual terms and contract administration
Manufacturing management, manufacturing engineering, buying, production planning or new product development experience - preferred
Medical Device, Pharmaceutical or other highly regulated industry experience (e.g.: aerospace, automotive) - highly preferred
Demonstrated knowledge of new product development process
Willingness to travel 20%

Responsibilities

Lead 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
Coordinate sourcing needs for new product development projects, including completion of supplier selection with agreement to Global Sourcing Strategy
Regularly report material costs, manage schedules, and define final material logistics
Act as liaison for all sourcing activities to Design and Advanced Operations teams
Ensure project teams adhere to strategic direction of Global Sourcing and purchasing controls requirements related to design projects
Negotiate supplier cost reductions and NRE reductions in conjunction with commodities teams when cost increases are experienced
Drive key efficiencies with suppliers and communication tools to support faster and more product launches
Identify process improvements to either supplier or Stryker processes to drive better speed to market, quality and long-term delivery
Build engaging relationships with a variety of R&D engineering teams
Lead sourcing analysis and selection process and perform cost analyses and make versus buy analyses as required
Identify supply base risk and develop/implement mitigation plans for new products
Drive request for quotes, order samples, prototypes, V&V, and production parts
Manage bill of material for New Products
Support ERP set up, logistics, and tracking to target costs

Skills

strategic sourcing

supplier management

negotiation

cost analysis

supplier selection

RFQ

bill of material

ERP

supply chain management

risk mitigation

make vs buy 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.

Land your dream remote job 3x faster with AI

Try Jobo Free