INACTIVE

Internship

Business Analyst Intern

Posted on 9/19/2024

Lexington Medical

51-200 employees

Develops advanced surgical stapling technology

Biotechnology

Healthcare

Bedford, MA, USA

Position requires onsite presence in Bedford, Massachusetts.

Category

Business Research

Project Management

Business & Strategy

Required Skills

Data Analysis

Requirements

Must be a rising junior or senior undergraduate student attending an accredited university majoring in Finance, Business Operations, Supply Chain, or similar disciplines.

Responsibilities

Assist in collecting, analyzing, and interpreting datasets to uncover key business insights.
Analyze sales data and provide inputs for sales and operations planning
Identify opportunities for business process improvement by analyzing current workflows and suggesting enhancements.
Work closely with team members to implement and monitor business process changes.
Document business processes, requirements, and standard operating procedures.
Collaborate with cross-functional teams, including finance, marketing, and operations, to understand business needs and requirements.
Perform cost optimization analyses to reduce spend
Support ERP system enhancements to improve efficiency, accuracy, and functionality
Develop insightful dashboards and reports which will be utilized by the executive leadership team.

Lexington Medical is a Boston area based medical device manufacturer that produces a proprietary, minimally invasive surgical stapling solution. We are one of the fastest growing medical device companies in the industry, growing our revenue exponentially since our product was launched. Our capabilities and design approach allow us to be nimble and responsive to market dynamics, while enabling us to work closely with leading physicians to bring a unique range of devices best suited for patients’ needs.

Program Overview:

Lexington’s Summer Intern Program is intended to attract undergraduate and graduate college students who are studying Finance, Business Operations, Supply Chain, or similar disciplines. You will be given the opportunity to meaningfully contribute to the progress of Lexington and its products, while gaining business acumen and real-world experience which will better prepare you to continue to make impactful contributions throughout your career.

Education: Must be a rising junior or senior undergraduate student attending an accredited university majoring in Finance, Business Operations, Supply Chain, or similar disciplines.

Location: Bedford, Massachusetts

Responsibilities:

Assist in collecting, analyzing, and interpreting datasets to uncover key business insights.
Analyze sales data and provide inputs for sales and operations planning
Identify opportunities for business process improvement by analyzing current workflows and suggesting enhancements.
Work closely with team members to implement and monitor business process changes.
Document business processes, requirements, and standard operating procedures.
Collaborate with cross-functional teams, including finance, marketing, and operations, to understand business needs and requirements.
Perform cost optimization analyses to reduce spend
Support ERP system enhancements to improve efficiency, accuracy, and functionality
Develop insightful dashboards and reports which will be utilized by the executive leadership team

Lexington Medical

View Company Profile

Lexington Medical focuses on surgical stapling technology for hospitals and surgical centers, particularly in bariatric and gastrointestinal surgeries. Their advanced stapling systems aim to improve clinical outcomes by reducing complications and shortening hospital stays. The company operates a vertically integrated model, ensuring high quality through control of product development and manufacturing in their automated facility in Massachusetts. Lexington Medical's goal is to enhance surgical procedures and become a trusted partner for surgeons worldwide.

Company Stage

Series B

Total Funding

$6.6M

Headquarters

Billerica, Massachusetts

Founded

2013

Simplify's Take

What believers are saying

Growing demand for minimally invasive surgeries boosts surgical stapling market.
Rise of outpatient surgeries offers opportunities in ambulatory surgical centers.
Global bariatric surgery market growth aligns with Lexington's focus.

What critics are saying

Increased competition from emerging startups threatens market share.
Supply chain vulnerabilities could disrupt production of stapling systems.
Potential patent litigation risks may impact innovation pipeline.

What makes Lexington Medical unique

Vertically integrated, ensuring high quality and control over product development.
State-of-the-art manufacturing facility in Massachusetts with latest automation technologies.
FDA clearance for Powered Stapling System, highlighting commitment to innovation.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Paid Vacation

Performance Bonus

INACTIVE