Senior Sourcing Specialist

Job Description Summary As a Lead Sourcing Specialist – Commodity Management, you will lead supplier negotiations, develop sourcing strategies, and manage supplier performance to ensure optimal contractual terms and the highest standards of quality, compliance, and cost‑efficiency. Leveraging your expertise in sourcing best practices, market dynamics, and cross‑functional collaboration, you will deliver value and elevate performance across the supply base while ensuring internal stakeholder satisfaction. Key Responsibilities Category Strategy: Define and implement sourcing strategies for critical components used in medical device manufacturing, focusing on supplier differentiation and competitive positioning within each category. Maintain a deep understanding of the competitive landscape and the rationale behind supplier selection, including capabilities, innovation, cost structure, and regulatory compliance. Cost and Supplier Management: Drive annual cost negotiations across all GE HealthCare segments, securing optimal terms while balancing quality, risk, and long‑term value. Lead supplier reviews, including technology and business performance assessments, to ensure alignment with strategic goals. Contract & Risk Management: Negotiate and manage supplier contracts with a focus on quality, regulatory compliance (e.g., FDA, ISO 13485), and risk mitigation. Support escalations related to supplier performance issues and compliance with internal procurement policies. Cross‑Functional Collaboration: Partner with Sourcing, Engineering, Quality, and other internal teams to align sourcing strategies with business needs. Data‑Driven Decision Making: Conduct data analysis to support sourcing decisions, identify cost‑saving opportunities, and monitor supplier performance. Project Leadership: Lead or support sourcing‑related projects with moderate complexity, ensuring timely delivery and alignment with business goals. Mentorship & Knowledge Sharing: Act as a resource for less experienced team members, sharing expertise and supporting skill development. Required Qualifications Bachelor’s degree in Business, Engineering, or Supply Chain (or high school diploma/GED with 6+ years of relevant experience). Minimum 5 years of experience in Sourcing, Procurement, or Commodity Management, with experience in medical device manufacturing (FDA, ISO13485) or technology manufacturing industry preferred. Strong negotiation and contract management skills. Proficiency in Power BI and Microsoft Excel. Project management experience, especially in regulated industries. Desired Characteristics Experience in a global team environment. Advanced negotiation and contract strategy skills. Experience working with OEM/ODM suppliers, with demonstrated understanding of product planning and technology roadmaps, and proven success in category/commodity strategy development. Strong analytical and problem‑solving abilities.Demonstrated ability to plan, document, and execute sourcing programs effectively. Advanced proficiency with data analytics tools such as Power BI. Compensation and Benefits We will not sponsor individuals for employment visas, now or in the future, for this job opening. For U.S. based positions only, the pay range for this position is $100,800.00 – $151,200.00 Annual. Compensation decisions are based on skills, qualifications, experience, and location. In addition, this position may also be eligible to earn performance‑based incentive compensation, which may include cash bonus(es) and/or long‑term incentives. GE HealthCare offers a competitive benefits package, including medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accidental insurance, and tuition reimbursement. Relocation Assistance No Equal Opportunity Employer GE HealthCare is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status, or other characteristics protected by law. Legal Compliance GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable). COVID‑19 Vaccination While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID‑19, some GE HealthCare customers have vaccination mandates that may apply to certain employees. #J-18808-Ljbffr