Principal Strategic Sourcing Specialist

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. A Day in the Life Responsibilities may include the following and other duties may be assigned. Provides project management and sourcing expertise to cross-functional, cross-divisional commodity teams. Facilitates these teams in the development and execution of long-term strategies that will optimize Medtronic's position in terms of quality, cycle/response time, technology, risk, and total cost. Mitigates risk, leverages technology and purchase power, improves processes and systems, and reduces overall cost of ownership and acquisition. Negotiates, establishes and monitors supplier agreements.  Responsible for managing the full procurement lifecycle for specified contingent labor categories. Act as the primary point of contact for staffing suppliers, ensuring adherence to SLAs, market rates, onboarding timelines, and compliance requirements. Provide consultancy to Medtronic managers; staffing strategy, day-to-day supplier management / issue resolution Review and qualify new requisitions prior to release/posting to staffing suppliers. Provide support and training to Hiring Managers through the entire Procure to Pay process related to Contingent Workers. Facilitate assignment changes (including extensions, transfers, backfills, etc.). Laison between managers and supplier for coaching, ER issues, performance issues, furloughs. Manage On/Off Boarding process (terminations). Resolve operational issues related to worker engagement, timesheets, invoicing, and offboarding. Lead Q&A sessions between suppliers and Hiring Managers on requisitions. Manage tenure exception/negotiation process. Advise on conversion strategy Support audits, reporting, and data analysis related to contingent labor utilization, spend, and supplier diversity. Negotiate rates with Suppliers to obtain fair market price for each position via a competitively bid program model. Develop proactive Supplier and Stakeholder relationships. Deliver comprehensive reporting (Standard & Ad-Hoc) to customers as requested or work with Program Reporting Analyst to submit requests and establish prioritization. Conduct ongoing user training for Medtronic users and suppliers. Pre ID Management Manage rate negotiations against internal job leveling guides and rates Ensure compliance to 60-day break policy for prior workers or returning employees  Independent Contractor management. Perform initial vetting and consulting for independent contractor requests  Complete SOW configuration, updates and manage billing approvals Present, align, and implement business strategy changes. Where possible, benchmark with other companies to determine best overall practices for assigned commodity area. Monitor Supplier performance using scorecards; conduct regular business reviews to drive continuous improvement. Partnering with TA on conversion terms, timelines. Required Knowledge and Experience:  Requires mastery of a specialty area and full knowledge of industry practices, typically obtained through advanced education combined with experience. May have broad knowledge of project management. Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. § 214.2(h)( 4)(iii)(A) and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience. Nice to Have: Contingent staffing industry experience preferred Experience with VMS (vendor management systems) such as VNDLY, Fieldglass, Beeline Sense of urgency Change management experience Strong relationship building Vendor negotiation Full life cycle recruiting experience Understanding contracts/staffing 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.  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.  This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).About Medtronic 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. Learn more about our business, mission, and our commitment to diversity