Strategic Sourcing Manager

Sr. Strategic Sourcing Manager – Marketing and Consulting ServicesAs the Sr. Strategic Sourcing Manager – Marketing and Consulting Services you will be a key member of Medtronic's center-led Indirect Supply Management (ISM) team responsible for managing and influencing the annual spend incurred in the Marketing and Consulting categories. This is a global role, with the vast majority of spend concentrated in the Americas. You will partner with senior stakeholders across Functions, Regions, and Businesses to drive value. Reporting to the Indirect Supply Management (ISM) leader for External Services you will apply your strong business acumen to choose the right supplier and engagement models as well as put in place contracts that will protect Medtronic's interests. You will be joining a high-performing External Services procurement team with a "lead from every seat" mindset and an empowered culture. This is the role for you if you're looking to make a mark in your space.Located at Medtronic's headquarters in Minneapolis, MN, this role is onsite four days per week.As the Sr. Strategic Sourcing Manager – Marketing & Consulting Services, you will:Lead strategic category management for approximately $300M in annual expenditure, developing and executing transformational sourcing strategies that deliver sustainable competitive advantage and long-term business value.Drive continuous improvements in cost, quality, service, and innovation through category planning, supplier management, competitive sourcing events (RFx), and strategic contract negotiations.Build strong partnerships with internal stakeholders and suppliers, influencing decision-making across a highly matrixed organization while balancing business objectives, contract risk, and supplier performance.Leverage market intelligence, benchmarking, and gap analysis to identify emerging trends, uncover improvement opportunities, and recommend data-driven solutions to leadership.Establish and strengthen spend management, supplier stratification, capability roadmaps, and sourcing governance practices to optimize category performance and compliance.Lead process and system improvement initiatives that enhance purchasing efficiency, cost management, operational effectiveness, and adherence to procurement controls.Promote a culture of continuous improvement by educating stakeholders on sourcing strategies, procurement policies, and Procure-to-Pay processes while driving enterprise-wide adoption of best practices.Required QualificationsBachelor's degree required with 7+ years of sourcing experience or an advanced degree with 5+ years of sourcing experience.5+ years of people management or mentoring experienceExperience managing both Marketing and Consulting categoriesPreferred QualificationsDeep understanding of the underlying economics of services categoriesUnderstanding of the Service Provider landscape, trends, and economicsGlobal Category Management experience (Strategy Development and Execution in accordance with Strategic Sourcing methodology)Knowledge of working in FDA-regulated industriesInfluencing and leading internal teams and external suppliers to deliver resultsMedtronic offers a competitive Salary and flexible Benefits PackageA 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.Salary ranges for U.S (excl. PR) locations (USD):$144,000.00 - $216,000.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.Further details are available at the link below:Medtronic benefits and compensation plansIt 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.