Sourcing Manager, Capital Equipment

Company Description

At Intuitive, we are united behind our mission: we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints.

As a pioneer and market leader in robotic-assisted surgery, we strive to foster an inclusive and diverse team, committed to making a difference. For more than 25 years, we have worked with hospitals and care teams around the world to help solve some of healthcare's hardest challenges and advance what is possible.

Intuitive has been built by the efforts of great people from diverse backgrounds. We believe great ideas can come from anywhere. We strive to foster an inclusive culture built around diversity of thought and mutual respect. We lead with inclusion and empower our team members to do their best work as their most authentic selves.

Passionate people who want to make a difference drive our culture. Our team members are grounded in integrity, have a strong capacity to learn, the energy to get things done, and bring diverse, real world experiences to help us think in new ways. We actively invest in our team members to support their long-term growth so they can continue to advance our mission and achieve their highest potential.

Join a team committed to taking big leaps forward for a global community of healthcare professionals and their patients. Together, let's advance the world of minimally invasive care.

Job Description

Primary Function of Position 

The Sourcing Manager for Capital Equipment at Intuitive Surgical Inc. (Intuitive) will lead the strategic sourcing and procurement of capital expenditures (CapEx) for medical device manufacturing operations. This role will be responsible for managing the end-to-end sourcing process for high-value capital equipment, tooling, facilities upgrades, and automation projects that drive innovation, efficiency, and compliance within a highly regulated industry. The ideal candidate has a strong background in strategic sourcing, supplier negotiations, and CapEx project management, with proven experience in manufacturing, preferably within the medical device, pharmaceutical, or other regulated industries.  Key responsibilities include overseeing strategic sourcing projects, conducting vendor and market research, managing bids and negotiations, negotiating contract terms, and post-bid activities such as contract and vendor management. This role requires strong project management and communication skills for effective collaboration with various stakeholders.

Essential Job Duties

Supplier Relationship Management:

• Cultivate and maintain strong relationships with suppliers to foster collaboration, trust, and mutual success.
• Serve as the primary point of contact for suppliers related to performance and strategic initiatives.
• Conduct regular supplier performance reviews, assess supplier capabilities, and implement improvement plans to enhance supplier performance and reliability.
• Establish global standards to assess supplier performance and to reduce risk for the business.
• Partner with suppliers to identify external innovation opportunities that optimize supply chain processes and enhance overall performance.

Strategic Sourcing:

• Manage RFP or strategic sourcing process without supervision, from concept to completion for high complexity projects (including market research, RFP development, and management of communications, stakeholder involvement, etc.).
• Analyze spend patterns, conduct market analysis and supplier assessments to identify opportunities for cost savings, process improvements, and innovation.
• Lead cross-functional teams of senior leaders to develop category strategies aligned with business objectives and market trends.
• Develop and optimize buying channels, considering P2P (Procure to Pay) requirements.

Category Management:

• Develop a baseline for the current state and define the future success for the  CapEx category while considering business goals and market conditions.
• Analyze the market to identify trends, risks, and potential new suppliers.
• Define meaningful KPIs to measure the health of the spend category.
• Create and implement spend treatment plans within the spend category for various levels of spend and risk.
• Collaborate with suppliers and internal stakeholders to execute the category strategy.
• Develop holistic procurement and sourcing strategies that support the future growth and objectives of Intuitive’s business.

Contract Management:

• Independently negotiate and manage contracts with suppliers, ensuring alignment with company policies, regulatory requirements, protection of company IP, and industry standards.
• Monitor contract performance, terms, and conditions, and ensure compliance with contractual obligations.
• Identify opportunities for contract optimization, renegotiation, or consolidation to drive cost efficiencies and mitigate risks.
• Negotiate favorable terms and conditions, focusing on long-term level agreements, quality standards, and volume discounts while minimizing risk to the company.

Qualifications

Qualifications

Required Skills and Experience

• Minimum Bachelor’s Degree Required (Business, Supply Chain, Finance, or related Discipline preferred)
• 8+ years’ experience with 4+ years in a procurement role. Experience sourcing CapEx spend categories is required.
• Superior negotiation skills with adeptness to lead others through ambiguous and/or complex issues.
• Strong conceptual thinking skills with adeptness to lead others through ambiguous and/or complex issues.
• Ability to work in a fast-paced, changing environment.
• Excellent oral and written communication and interpersonal skills for interaction with team members and stakeholders including senior management. 
• Superior analytical ability to quickly gather facts, perform root cause analysis and draw conclusions.
• Extensive experience managing change across multiple stakeholder groups.
• Established negotiation skills to influence senior leadership on strategic direction, business case value proposition and sourcing recommendations.
• Strong contract/vendor negotiation preparation and execution skills to achieve desired outcomes from supplier negotiations.
• Ability to build consensus and act as an independent arbiter to achieve sourcing outcomes that meet business requirements without sacrificing service or increasing risk/cost.
• Ability to manage multiple projects and tasks concurrently and knowledge of business requirement and project management principles and methodology.
• Attention to details and the drive to get things right with minimal supervision.
• Must be able to listen, understand, and communicate with employees at all levels of the company.
• Ability to build effective working relationships within Intuitive

Additional Information

Due to the nature of our business and the role, please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19.  Details can vary by role.

Intuitive is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.

Mandatory Notices

We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.

Preference will be given to qualified candidates who do not reside, or plan to reside, in Alabama, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, or Tennessee.

We provide market-competitive compensation packages, inclusive of base pay, incentives, benefits, and equity. It would not be typical for someone to be hired at the top end of range for the role, as actual pay will be determined based on several factors, including experience, skills, and qualifications. The target compensation ranges are listed.

Base Salary Range Region 1:$139,400 - $200,600
Base Salary Range Region 2: $118,500 - $170,500
Shift: Day
Workplace Type: Set Schedule - This job will be onsite weekly, the percentage of onsite work will be defined by the leader.