Principle Strategic Sourcing Specialist in Crick

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.A Day in the LifeThe Integrated Health Solutions (IHS) Procurement and Supplier Management team supports managed service partnerships across Europe, the Middle East, and Africa (EMEA), ensuring the availability of medical products and services that enable hospitals to deliver patient care efficiently. This role supports sourcing activities primarily within the United Kingdom market for IHS-managed Catheterization Laboratories (Cath Labs) and Operating Theatres, working closely with healthcare providers and a broad network of strategic suppliers.This role is responsible for developing and executing sourcing strategies, managing supplier relationships, and supporting healthcare customers with procurement solutions across IHS-managed service accounts. The position partners with hospitals, internal stakeholders, and medical device suppliers to ensure continuity of supply, cost optimization, and alignment with customer clinical and operational requirements. This position is based in the United Kingdom and operates in a remote work environment, with occasional office meetings and up to 25% travel, primarily within the London area and occasionally internationally.Primary Responsibilities:Develop and execute sourcing strategies for medical products and services across IHS-managed Cath Labs and Operating TheatresManage supplier relationships to ensure continuity of supply, stock availability, and contract complianceNegotiate pricing, commercial terms, return policies, inventory models, and supply agreements with strategic suppliersAnalyze procurement, pricing, and operational data to identify cost-saving and value-creation opportunities beyond unit price reductionPartner with healthcare customers to understand clinical and operational requirements and align sourcing solutions to departmental objectivesCollaborate with internal stakeholders to support new account activations, preferred product sourcing, and pricing maintenance activitiesMonitor supplier performance and resolve sourcing, supply chain, and operational issues impacting customer accountsPrepare and deliver presentations, reports, and recommendations to customers and internal stakeholders using procurement and market dataRequired Qualifications:Progressive experience in healthcare procurement, strategic sourcing, or supplier management within hospital or healthcare environmentsExperience procuring medical devices, capital equipment, or healthcare-related products and servicesExperience supporting hospital procurement activities, including Cath Lab and Operating Theatre environmentsAdvanced Microsoft Excel skills with experience analyzing data and presenting findings through Microsoft PowerPoint and Fluency in written and spoken EnglishExperience negotiating supplier contracts, pricing agreements, and commercial terms with external suppliersPreferred Qualifications:Bachelor's degree and experience within private healthcare procurement environmentsKnowledge of United Kingdom healthcare procurement practices and National Health Service (NHS) supply chain processesExperience sourcing Finished Goods from Original Equipment Manufacturers (OEMs)Knowledge of inventory optimization strategies, including consignment models and supply continuity planningPhysical Job RequirementsThe 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. Recruitment Fraud Alert We are aware of phishing scams targeting job seekers. Please keep the following in mind: Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses. Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate. If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments. If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at . Benefits & CompensationMedtronic 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.Pay range / Rango salarial / Intervalo salarial /Fascia retributiva / Tranche de salaire / Gehaltsband / Salaribereik: United Kingdom: 58,320.00 GBP - 87,480.00 GBP | The final salary within this range will be determined based on objective, job-related criteria, including relevant experience, skills and qualifications, in accordance with our compensation framework. This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).SummaryLocation: Watford, Hertfordshire, United KingdomType: Full time