Principal Strategic Sourcing Specialist Global Hotel

Principal Strategic Sourcing Specialist Global Hotel Category

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

As a Principal Strategic Sourcing Specialist Global Hotel Category, you will be a key member of Medtronic's center-led Indirect Supply Management (ISM) team, reporting to the Sr. Sourcing Manager of Corporate Services. You will lead the global Hotel category within our Travel & Meetings team. This critical role will drive the strategy, sourcing, negotiation, and management of hotel contracts to support Medtronic's business travel, events, and meetings worldwide. You will bring your expertise in hotel sourcing, passion for supplier partnerships, cost optimization, and delivering value to stakeholders.

The opportunities to create value within this ~$125M category are limitless, and we are seeking a candidate who thrives on generating new value and opportunities in the Indirect Sourcing-Corporate Services space. You will bring your demonstrated history of quickly identifying new opportunities, establishing and building relationships in a matrixed environment, working collaboratively to ensure team performance, and successfully influencing various stakeholders at all levels.

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

In this role, you will:

• Identify strategies across the entire Hotel portfolio that utilize multiple levers to drive sustainable and incremental value, optimizing Hotel spend
• Develop and execute global hotel category strategies that align with Medtronic's business objectives and travel and meeting policies
• Lead end-to-end sourcing processes including market analysis, RFP development, supplier selection, contract negotiation, and implementation
• Build strategic relationships with internal stakeholders/leadership and critical suppliers
• Engage and influence global cross functional stakeholders to adopt and implement strategies developed by the category team; Medtronic is a highly matrixed organization and having the ability to influence and leverage the matrix is a key requirement
• Develop and implement sourcing strategies that result in a sustainable competitive advantage
• Demonstrate Market Intelligence and share trends to ensure Medtronic is at the forefront of the Hotel industry
• Leverage data and analytics to create spend management recommendations
• Partner closely with key functions that support supply management (e.g., legal, finance, employee expense)
• Drive supplier performance management, including KPIs, SLAs, and quarterly business reviews.
• Recommend solutions to business problems and/or identify opportunities for improvement, and present ideas to leadership
• Educate on key indirect supply management initiatives and policies

Must Have: Minimum Requirements

• Bachelor's degree with minimum of 7 years of relevant experience OR
• An advanced degree with minimum of 5 years of relevant experience

Nice to Have: Preferred Requirements

• Demonstrated experience in building and executing successful strategies in Hotel Spend Management
• Ability to influence teams and external suppliers to deliver results
• Highly proficient in Excel, PowerPoint, Power BI
• Demonstrated leadership, problem-solving, communication, negotiation, tact, judgment, and organizational skills
• Demonstrated strength in analytical skills
• Global Category Management experience (Strategy development and execution in accordance to Strategic Sourcing methodology)
• Ability to partner with and influence internal stakeholders across various levels
• Proactive, self-starter able to navigate the gray areas
• Strong program management skills
• Solid business and legal acumen with a high attention to detail
• Positive and energetic team player with strong cross-functional team experience

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required.

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.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Join us in our mission to alleviate pain, restore health, and extend lifewhere your unique background and perspective are valued.

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.

Salary ranges for U.S (excl. PR) locations (USD):$107,200.00 - $160,800.00This 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 plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.Our Mission to alleviate pain, restore health, and extend life unites a global team of 95,000+ passionate people. We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here.

It 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