Acquisitions Sourcing Manager - Electronics

Additional Location(s): N/A

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit- High Performance

At Boston Scientific, we'll give you the opportunity to harness all that's within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we'll help you in advancing your skills and career. Here, you'll be supported in progressing - whatever your ambitions.

About the Role:

The Acquisitions Sourcing Manager develops and implements risk reduction strategies to ensure the successful integration of high-risk electronic subcategories inherited from suppliers through current and impending acquisitions. This role deploys best practices and provides the broader Global Sourcing team with practical direction for addressing complex situations with proactive risk management, while leading project teams in meeting commercial readiness timelines and cost savings initiatives to ensure commercial excellence.

At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model, requiring employees to be in our local office at least three days per week.

Boston Scientific will not offer sponsorship or take over sponsorship of an employment VISA for this position at this time.

Your responsibilities will include:

• Establishing early engagement with inherited suppliers to identify and implement risk reduction strategies; conduct BOM risk assessments to find alternatives in response to obsolescence and end-of-life related risks
• Developing and driving strategy execution for required supplier capacity ramp activities during commercial launch and product ramp requirements; manage relationships and engagement with key internal and external stakeholders
• Driving commercial excellence through cost reduction initiatives including competitive bidding, effective negotiation, and creative cost structure solutions
• Evaluating end-to-end supply and identifying opportunities to decrease total cost of ownership (TCO); influence make vs. buy decisions
• Improving position with critical Tier I & Tier II+ suppliers to reduce risk and drive BSC prioritization through strategic buy recommendations
• Partnering with divisional leadership and PMO to prioritize competing new product development projects and ensure supplier readiness
• Enhancing service and commercial performance with single-source and challenging suppliers through contracting tools (i.e. MOUs, Letter Agreements, MSA, SQA, etc.)
• Fostering strong relationships with R&D to influence design and alignment on second source opportunities with preferred suppliers
• Providing leadership and support for new product development scope to ensure divisional performance deliverables are met

Required qualifications:

• Bachelor's degree in supply chain, engineering, business, or a related field
• Minimum 7 years of experience in sourcing, supply chain management, or supplier relationship management
• Proficient with MS Excel and other applications (i.e., Word, PowerPoint, MS Project etc.)
• Ability to travel up to 20%.

Preferred qualifications:

• Master's degree or professional certification (i.e., CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
• Experience sourcing for electronic components and suppliers
• Experience working in medical device or similar regulated industry
• Strong decision-making and negotiation skills, ability to influence internal and external teams
• Ability to work independently and collaborate with cross-functional teams to complete projects
• Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
• Strong critical thinking and analytical skills: process and results-oriented

Requisition ID:606868

Minimum Salary: $99100

Maximum Salary: $188300

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) - see www.bscbenefitsconnect.com--will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).

For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most - united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do - as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn't just business, it's personal. And if you're a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve.

Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identify, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company's policies or protocols change with regard to COVID-19 vaccination.