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Principal Strategy Sourcing Specialist

Hiring from
India
Work type
Hybrid
Posted
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Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the Life

As the Category Manager-IT Services you will:

  • Create value across the entire portfolio of ~$250M of IT Services spend

  • Work to build strategic relationships with internal stakeholders and suppliers

  • Support sourcing strategies that result in a sustainable competitive advantage for Medtronic

  • Operational management of preferred suppliers – reporting & tracking of spend with priority suppliers, monitoring performance metrics, and overall facilitation of the purchase process

  • Support IT purchase process, supplier relationship management activities and strategic supplier programs with IT Services partners, in collaboration with IT Vendor Management Office

  • Achieve year-on-year value improvement targets for all aspects of service, innovation, and cost

  • Lead & Support RF(x) events to drive competitive pressure and ensure maximum value is realized

  • Lead & Support strategic contract negotiations for large-scale engagements with sophisticated external partners

  • Engage and influence multiple stakeholders to adopt and implement strategies developed by the category team; Medtronic is a highly matrixed organization and having the ability to influence and leverage the matrix is a key requirement

  • Interact and partner with IT, Legal, and other key stakeholder groups

  • Recommend solutions to business problems and/or identify opportunities for improvement, and present ideas to leadership

  • Advise internal stakeholders with a balanced view of contract risk and liabilities and advocate for their interests

  • Gather market intelligence and industry trends; ability to use market benchmarking to justify and rationalize deal terms to Medtronic cross-functional teams / leadership

  • Recommend solutions to business problems and identify opportunities for improvement

  • Educate and train stakeholders on key indirect supply management initiatives and policies

  • Work alongside experienced and motivated colleagues who are collaborative, creative and know how to have fun.

Must Have: Minimum Requirements

  • Bachelor's degree required

  • Minimum of 5 years of relevant experience, or advanced degree with a minimum of 3 years of relevant experience


Nice to Have

  • Bachelor’s degree, any major; we’re looking for critical thinkers and we recognize that that skill is developed from many diverse educational experiences

  • Minimum 5 years of experience in Sourcing, Supply Management, Procurement, Category Management, Finance, IT / Shared Services or any functional experience that developed analytical skills and commercial acumen

  • Ability to partner and influence senior leadership

  • Demonstrated leadership, customer service, problem-solving, communication, negotiation, judgment, and organizational skills

  • Excellent written and verbal communication with strong program management skills

  • Experience influencing and leading internal teams and external suppliers to deliver results

  • Aptitude to prioritize and juggle many high-visibility projects at the same time

  • Ability to manage and influence stakeholders

  • Indirect sourcing experience (IT Services, Professional Services, Financial Services, Legal Services)

  • Experience working in a large global organization

  • Experience reviewing and drafting legal agreements

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

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Recruitment Fraud Alert

We are aware of phishing scams targeting job seekers. Please keep the following in mind:


Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses.


Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.


If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments.


If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at AskHR@medtronic.com.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

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This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

Who We Are

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.

Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.

We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

What We Do

We change lives. Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

We build extraordinary solutions as one team. With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

This life-changing career is yours to engineer. By bringing your ambitious ideas, unique perspective and contributions, you will…

  • Build a better future, amplifying your impact on the causes that matter to you and the world

  • Grow a career reflective of your passion and abilities

  • Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning

How We Are Different

These commitments set our team apart from the rest:

Experiences that put people first. Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.

Life-transforming technologies. No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.

Better outcomes for our world. Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.

Insight-driven care. Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here.

For updates on job applications, please go to the candidate login page and sign in to check your application status.

If you need assistance completing your application please email AskHR@medtronic.com

To request removal of your personal information from our systems please email RS.HRCompliance@medtronic.com

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