At a Glance
- Tasks: Develop and execute sourcing strategies for medical products in healthcare settings.
- Company: Join Medtronic, a global leader in healthcare technology with a mission to improve lives.
- Benefits: Competitive salary, flexible benefits, and a commitment to employee growth.
- Other info: Remote work with occasional travel and excellent career advancement opportunities.
- Why this job: Make a real impact on patient care while building a purposeful career.
- Qualifications: Experience in healthcare procurement and strong negotiation skills required.
The predicted salary is between 54000 - 66000 £ per year.
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 Life
The 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 Theatres
- Manage supplier relationships to ensure continuity of supply, stock availability, and contract compliance
- Negotiate pricing, commercial terms, return policies, inventory models, and supply agreements with strategic suppliers
- Analyze procurement, pricing, and operational data to identify cost-saving and value-creation opportunities beyond unit price reduction
- Partner with healthcare customers to understand clinical and operational requirements and align sourcing solutions to departmental objectives
- Collaborate with internal stakeholders to support new account activations, preferred product sourcing, and pricing maintenance activities
- Monitor supplier performance and resolve sourcing, supply chain, and operational issues impacting customer accounts
- Prepare and deliver presentations, reports, and recommendations to customers and internal stakeholders using procurement and market data
Required Qualifications:
- Progressive experience in healthcare procurement, strategic sourcing, or supplier management within hospital or healthcare environments
- Experience procuring medical devices, capital equipment, or healthcare-related products and services
- Experience supporting hospital procurement activities, including Cath Lab and Operating Theatre environments
- Advanced Microsoft Excel skills with experience analyzing data and presenting findings through Microsoft PowerPoint and fluency in written and spoken English
- Experience negotiating supplier contracts, pricing agreements, and commercial terms with external suppliers
Preferred Qualifications:
- Bachelor's degree and experience within private healthcare procurement environments
- Knowledge of United Kingdom healthcare procurement practices and National Health Service (NHS) supply chain processes
- Experience sourcing Finished Goods from Original Equipment Manufacturers (OEMs)
- Knowledge of inventory optimization strategies, including consignment models and supply continuity planning
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.
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 AskHR@medtronic.com.
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.
Pay range: 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).
Summary: Location: Watford, Hertfordshire, United Kingdom Type: Full time
Principle Strategic Sourcing Specialist employer: Medtronic
At Medtronic, we are dedicated to fostering a work environment that prioritises employee growth and well-being. As a Customer Service Representative in the UK&I, you will be part of a dynamic team that values innovation and collaboration, offering you the chance to make a real impact in healthcare while enjoying a competitive salary and flexible benefits. Join us to develop your career in a purpose-driven culture that supports your professional journey and celebrates your contributions to improving patient care.
StudySmarter Expert Advice🤫
We think this is how you could land Principle Strategic Sourcing Specialist
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Medtronic.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Principle Strategic Sourcing Specialist
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Medtronic:Your cover letter should read like you’re chatting directly to Medtronic. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Medtronic.
How to prepare for a job interview at Medtronic
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Medtronic!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Medtronic. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Medtronic's culture.
