Work Flexibility: Hybrid
What you will do-
The NPI Senior Sourcing Analyst will support development and implementation of strategic sourcing activities in assigned suppliers and/or commodities; with goal to obtain the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. The NPI Senior Sourcing Analyst will support the implementation of NPI project launches by utilizing a global tool kit, evaluating cost reduction ideas, supply base optimization, contract negotiations, global strategies, and supplier risk assessments.
- Own the development and implementation of NPI sourcing strategies for assigned projects of increased complexity, utilizing agreed tools and processes
- Perform sourcing analysis and selection process utilizing the agreed tools, including financial and non-financial inputs as required for clear sourcing decisions
- Demonstrate insight and understanding of component cost drivers to develop negotiation strategies
- Lead/Own the negotiation of contracts (i.e. Supply Agreement, Development Agreements) per guidelines
- Develop strong relationships with suppliers and stakeholders in scope for the project, and serve as a primary escalation point
- Advocate on behalf of supplier within the organization by providing a balanced viewpoint and holding suppliers accountable as appropriate and lead cross functional teams to resolve issues
- Lead/Own procurement activities for new product launches [supplier selection, requests for quotes, negotiations, awards, cost management, launch readiness and handover to sustaining procurement
- Assure costs are tracked throughout the project, standards are accurately implemented and savings are captured for handover. Alignment with Finance, Supply Planning, Purchasing to ensure parts are set up with all appropriate attributes
- Effectively and timely communicate expectations to suppliers and escalate risks to project teams or management as needed
- Drive change to mitigate risks, understanding of key challenges, and voicing concerns to project leadership, divisional sourcing, global category
- Identify savings opportunities during launch planning and future savings opportunities for sustaining sourcing
- Identify gaps/opportunities to support procurement strategy and collaborate with global stakeholders to resolve
- Develop business case proposals to support future transfers, dual sourcing, design changes, etc.
What you need-
- Bachelor's degree - required
- 6+ years of experience - required
- Financial analysis and negotiation skills required at complex levels
- Strategic analysis skills
- Understanding of procurement strategy
Travel Percentage: 30%
Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer – M/F/Veteran/Disability.
Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.