Strategic Sourcing Specialist

Posted 9 Hours Ago
Be an Early Applicant
San Diego, CA
134K-166K Annually
5-7 Years Experience
Healthtech
The Role
The Strategic Sourcing Specialist develops and implements sourcing strategies for indirect spend, prepares procurement documents, manages RFI/RFQ/RFP processes, negotiates contracts, and collaborates with various departments for supplier management. The role ensures compliance with best procurement practices and drives continuous improvement in supplier performance and cost reduction.
Summary Generated by Built In

Responsibilities:

  • Develop sourcing strategies for support of indirect spend projects in consultation with business stakeholders.
  • Prepare sourcing documents, agreements, statements of work, amendments, renewals, and related procurement documents.
  • Draft and operate RFI/RFQ/RFPs from start to finish, which includes creation, issuance, and facilitation of the entire process through supplier evaluations (using scorecards) and supplier selection.
  • Responsible for complex sourcing projects and contract negotiations that optimize value to the company.
  • Liaise with Finance, Legal, Vendor Security, Privacy, Supplier Alliance teams and other departments on supplier management related matters.
  • Ensure responsible projects drive price reduction, optimize demand, consolidate vendors, and improve processes.
  • Ensure supplier selection process is in support of category strategy and Quality Management System.
  • Measure and monitor suppliers for continuous performance and improvement. Promote internal stakeholder awareness of indirect procurement processes and systems, and promote compliance to Procurement best practices to reduce maverick spending.
  • Evaluate suppliers for preferred supplier programs by category and drive adoption with stakeholders.
  • Identify, develop, and deliver in consultation with other stakeholders continuous improvements to processes that support Global Supplier Alliance activities.
  • Provide regular communication and training on processes and systems. Promote best practice in Strategic Sourcing and change management in order to align commercial resources to growing business needs.
  • Utilize category management to identify resources required to facilitate optimal outcomes.
  • Individual contributor position. Position does not have direct management or supervisory duties.

*Hybrid in-office/remote position*

Position offered by ResMed Corp.

Minimum Requirements

  • Bachelor’s degree or equivalent in Business, Finance, Supply Chain Management, or a related field and
  • 5 years of progressive experience in strategic sourcing, category management or a combination of these fields. Employer will accept a
  • Master’s degree or equivalent in Business, Finance, Supply Chain Management, or a related field and
  • 3 years of experience in strategic sourcing, category management or a combination of these fields in lieu of a Bachelor’s degree or equivalent and 5 years of progressive experience. Pre- or post-Master’s degree experience accepted. All experience must be post-Bachelor’s.

Applicants must have 5 years (3 years with a Master’s degree) of demonstrated experience with each of the following skills:

  • using best-in-class procurement processes including: benchmarking, should-cost models, RFX, reverse auction, and contracting;
  • structuring, negotiating, and drafting contracts including Non-Disclosure Agreements (NDAs), Master Services Agreement (MSA), Statement of Work (SOW), software licensing agreements, Service Level Agreements (SLA), Pricing and Payment terms, warranties, and Penalties and Project deliverables;
  • measuring supplier KPIs, developing scorecards, preparing Supplier Performance reports, and driving Quarterly Business Review (QBR) processes to monitor sourcing and supplier performance;
  • leveraging strategic and transactional procurement systems for spend analysis, sourcing, contracting, and supplier management;
  • negotiating supply base management;
  • financial analysis and reporting; and
  • project management and reporting on project status monthly to senior management.

Any and all experience may be gained concurrently.

We are shaping the future at ResMed, and we recognize the need to build on and broaden our existing skills and continue to attract and retain the world’s best talent. We work hard to offer holistic benefits packages, provide flexible work arrangements, cultivate a workforce culture that allows employees to grow personally and professionally, and deliver competitive salaries to our team members. Employees scheduled to work 30 or more hours per week are eligible for benefits. This position qualifies for the following benefits package: comprehensive medical, vision, dental, and life, AD&D, short-term and long-term disability insurance, sleep care management, Health Savings Account (HSA), Flexible Spending Account (FSA), commuter benefits, 401(k), Employee Stock Purchase Plan (ESPP), Employee Assistance Program (EAP), and tuition assistance. Employees accrue three weeks Paid Time Off (PTO) in their first year of employment, receive 11 paid holidays plus 3 floating days and are eligible for 14 weeks of primary caregiver or two weeks of secondary caregiver leave when welcoming new family members. Individual pay decisions are based on a variety of factors, such as the candidate’s geographic work location, relevant qualifications, work experience, and skills.

Base Pay Range for this position: $133,583 - $166,000 per year.

#I-DNI

#LI-DNI

Joining us is more than saying “yes” to making the world a healthier place. It’s discovering a career that’s challenging, supportive and inspiring. Where a culture driven by excellence helps you not only meet your goals, but also create new ones. We focus on creating a diverse and inclusive culture, encouraging individual expression in the workplace and thrive on the innovative ideas this generates. If this sounds like the workplace for you, apply now! We commit to respond to every applicant.

The Company
HQ: San Diego, CA
5,300 Employees
On-site Workplace
Year Founded: 1989

What We Do

ResMed provides medical equipment for treating, diagnosing, and managing sleep-disordered breathing and other respiratory disorders.

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