Principle Strategic Sourcing Specialist

MedtronicWatford, EnglandRemoteFull-timePrincipal, 12–15+ yearsListed 35 minutes ago

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About this role

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
The Integrated Health Solutions (IHS) Procurement and Supplier Management team supports managed service partnerships across Europe, the Middle East, and Africa (EMEA), ensuring the availability of medical products and services that enable hospitals to deliver patient care efficiently. This role supports sourcing activities primarily within the United Kingdom market for IHS-managed Catheterization Laboratories (Cath Labs) and Operating Theatres, working closely with healthcare providers and a broad network of strategic suppliers.

This role is responsible for developing and executing sourcing strategies, managing supplier relationships, and supporting healthcare customers with procurement solutions across IHS-managed service accounts. The position partners with hospitals, internal stakeholders, and medical device suppliers to ensure continuity of supply, cost optimization, and alignment with customer clinical and operational requirements. This position is based in the United Kingdom and operates in a remote work environment, with occasional office meetings and up to 25% travel, primarily within the London area and occasionally internationally.

Primary Responsibilities:

- Develop and execute sourcing strategies for medical products and services across IHS-managed Cath Labs and Operating Theatres
- Manage supplier relationships to ensure continuity of supply, stock availability, and contract compliance
- Negotiate pricing, commercial terms, return policies, inventory models, and supply agreements with strategic suppliers
- Analyze procurement, pricing, and operational data to identify cost-saving and value-creation opportunities beyond unit price reduction
- Partner with healthcare customers to understand clinical and operational requirements and align sourcing solutions to departmental objectives
- Collaborate with internal stakeholders to support new account activations, preferred product sourcing, and pricing maintenance activities
- Monitor supplier performance and resolve sourcing, supply chain, and operational issues impacting customer accounts
- Prepare and deliver presentations, reports, and recommendations to customers and internal stakeholders using procurement and market data

Required Qualifications:

- Progressive experience in healthcare procurement, strategic sourcing, or supplier management within hospital or healthcare environments

- Experience procuring medical devices, capital equipment, or healthcare-related products and services

- Experience supporting hospital procurement activities, including Cath Lab and Operating Theatre environments

- Advanced Microsoft Excel skills with experience analyzing data and presenting findings through Microsoft PowerPoint and Fluency in written and spoken English

- Experience negotiating supplier contracts, pricing agreements, and commercial terms with external suppliers

Preferred Qualifications:

- Bachelor's degree and experience within private healthcare procurement environments
- Knowledge of United Kingdom healthcare procurement practices and National Health Service (NHS) supply chain processes
- Experience sourcing Finished Goods from Original Equipment Manufacturers (OEMs)
- Knowledge of inventory optimization strategies, including consignment models and supply continuity planning

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

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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.

Pay range / Rango salarial / Intervalo salarial /Fascia retributiva / Tranche de salaire / Gehaltsband / Salaribereik:  United Kingdom: 58,320.00 GBP - 87,480.00 GBP | 
The final salary within this range will be determined based on objective, job-related criteria, including relevant experience, skills and qualifications, in accordance with our compensation framework.
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This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).