Sourcing - P4
Boston ScientificAdditional 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. Sourcing - P4 (Senior Sourcing Specialist) Purpose Statement Drives strategic sourcing initiatives that deliver business value through supplier partnerships, cost optimization, risk mitigation, and supply continuity. Leads supplier negotiations and cross-functional projects, leveraging data-driven insights to support business growth and operational excellence. Influences key sourcing and commercial decisions, manages strategic supplier relationships, and contributes to long-term competitive advantage through innovation and continuous improvement. What would attract someone to this role? Join a high-impact strategic sourcing role supporting where you will shape supplier strategy, lead negotiations, influence key business decisions, and drive measurable results across cost, risk, innovation, and supply continuity. This position offers significant autonomy, exposure to senior leadership, cross-functional collaboration, and the opportunity to build strategic supplier partnerships that directly contribute to business growth and long-term competitive advantage. Key Responsibilities Develop and execute sourcing and supplier strategies that support business objectives and deliver improvements in cost, quality, innovation, and supply continuity. Lead supplier negotiations and commercial discussions to achieve favorable business outcomes and long-term value. Manage strategic supplier relationships, driving performance, accountability, risk mitigation, and continuous improvement. Lead cross-functional sourcing projects involving Operations, R&D, Quality, Finance, Manufacturing, and Supply Chain teams. Evaluate supplier capabilities, market trends, and industry developments to identify opportunities and inform sourcing decisions. Conduct financial analyses, total cost of ownership (TCO) assessments, and business case development to support strategic recommendations. Assess and mitigate supply chain, commercial, and operational risks while developing contingency plans to ensure business continuity. Present sourcing strategies, supplier performance reviews, and executive recommendations to leadership and key stakeholders. Support business growth and innovation initiatives by partnering with internal teams and suppliers to accelerate project outcomes and time-to-market. Job Scope and Leveling Guidelines 1. Strategic Impact Owns sourcing strategies for critical categories, suppliers, or business initiatives with significant impact on cost, supply continuity, quality, risk, and organizational objectives. Operates with a high degree of autonomy. 2. Decision-Making Authority Exercises independent judgment in supplier selection, negotiations, contracting, risk mitigation, and sourcing strategy execution. Escalates only highly complex, enterprise-level, or business-critical decisions. 3. Supplier Complexity Manages strategic and high-spend suppliers, including relationships involving complex commercial structures, intellectual property considerations, development partnerships, and performance improvement initiatives. 4. Cross-Functional Leadership Leads complex initiatives involving multiple functions, business units, and stakeholders. Influences decisions without direct authority and aligns competing priorities to achieve organizational goals. 5. Analytical and Business Expertise Serves as a subject matter expert in sourcing analytics, financial evaluation, commercial strategy, and market intelligence. Uses data-driv…