ISM LATAM - Sourc Director (Finance)

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
Hybrid position

Location: In-Region Hybrid Role (can be located at any of the Medtronic LATAM sites in Puerto Rico, Mexico, Central and South America)
You will be responsible for leading a 14-16-member team responsible for managing and influencing ~$600M in annual indirect spend at manufacturing and commercial sites across the region. Of this ~$300 will be directly managed by your team, and the other ~$300M will be managed by the global category teams with support from your team. This team has only had responsibility for commercial sites in the past - the expansion to manufacturing locations is a recent addition.
In your role, you will be a member of the Indirect Supply Management Leadership Team (ISLT), and report into the Vice-President for Global Indirect Supply Management (ISM). You will also partner very closely with leaders in the LATAM region.
This is a global role, with the vast majority of spend concentrated in the Americas; you will partner with stakeholders across Functions, Regions, and Businesses to drive value. Strong business acumen is a must as you will be called upon to choose the right supplier, the right type of engagement model, and put in place contracts that will protect Medtronic's interests. You will be joining a high-performing 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.

Responsibilities may include the following and other duties may be assigned.

• Provides project management and sourcing expertise to cross-functional, cross-divisional commodity teams.
• Facilitates these teams in the development and execution of long-term strategies that will optimize Medtronic's position in terms of quality, cycle/response time, technology, risk, and total cost.
• Mitigates risk, leverages technology and purchase power, improves processes and systems, and reduces overall cost of ownership and acquisition.
• Negotiates, establishes and monitors supplier agreements.
• Successfully lead a team with both early career and tenured resources
• Identify and nurture talent
• Provide inspirational leadership to the team, and lead by example
• Manage and influence spend across both COGS (e.g., Supply Chain & Logistics, Facilities, MRO, Contingent Labor etc.) and SG&A categories (e.g., Travel, Fleet, Professional Services)
• Help the team transition from supporting just SG&A categories at commercial sites to also supporting COGS spend at manufacturing locations
• Create value across ~$600 in annual indirect spend in the region; key categories of spend are Supply Chain & Logistics, Facilities, MRO, Contingent Labor, Travel, Fleet
• Engage and influence multiple stakeholders (mostly senior leadership across both manufacturing and commercial sites) to adopt and implement strategies developed by the team; Medtronic is a highly matrixed organization and having the ability to influence and leverage the matrix is a key requirement
• Partner with the global category teams
• Work independently and build strategic relationships with key suppliers
• Develop and implement strategies that result in a sustainable competitive advantage
• Strong business and commercial acumen
• Best-in-class analytical and communication skills
• Achieve (year-on-year) value improvements for all aspects of quality, service, innovation, cost
• Perform RF(x) events to drive competitive pressure and ensure maximum value is realized
• Lead contract negotiations
• Provide stakeholders with a balanced view of contract risk and liabilities
• Build multi-year (at least 2 years) pipeline to support planning process
• Assist in Supplier Stratification activities (e.g., Supplier Relationship Management)
• Gather Market Intelligence and trends for relevant categories and associated sub-categories
• Gather internal and external benchmarks in a systematic manner to support sourcing efforts
• Recommend solutions to business problems and/or identify opportunities for improvement
• Follow governance processes and Purchasing Controls systems to ensure compliance
• Educate and train stakeholders on key indirect supply management initiatives and policies
• Establish and support a work environment of continuous improvement.
  The above tasks and responsibilities are deemed as essential to this position; however, business conditions may change so flexibility is required.

Required Knowledge and Experience: Requires broad management and leadership knowledge to lead multiple job areas, and detailed functional and operational expertise.
Typically has mastery level knowledge and skills within a specific technical or professional discipline with broad understanding of other areas within the job function.
Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. • 214.2(h)( 4)(iii)(A) and minimum of 10 years of relevant experience with 7+ years of managerial experience, or advanced degree with a minimum of 8 years of relevant experience with 7+ years of managerial experience.

• Fluency in Spanish and English

Nice to have:

• Master's degree (e.g., MBA)
• Understanding of underlying economics of the in-scope spend categories
• Experience working in a large multi-divisional corporation
• Experience leading a regional sourcing team
• Fluency in Portuguese
• Knowledge of working in FDA regulated industries
• Influencing and leading internal teams and external suppliers to deliver results
• Excellent written and verbal communication with strong program management skills
• Strong legal acumen
• Positive and energetic team player with strong cross-functional team experience
• Ability to work independently with minimal supervision
• High attention to detail
• Proficient in MS Excel and MS PowerPoint

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.

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.

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, 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.

If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.