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Full-Time

Principal Advanced Manufacturing Engineer

Confirmed live in the last 24 hours

Medtronic

Medtronic

5,001-10,000 employees

Develops and manufactures medical devices and therapies

Healthcare
Biotechnology

Compensation Overview

$118.4k - $177.6kAnnually

+ Short-term Incentive (Medtronic Incentive Plan)

Senior, Expert

North Haven, CT, USA

Requires travel to manufacturing sites and supplier visits.

Category
Manufacturing Engineering
Mechanical Engineering
Requirements
  • Bachelor’s degree required
  • Minimum of 7 years of relevant experience, or advanced degree with 5 years relevant experience
Responsibilities
  • Design manufacturing processes, procedures and production layouts for assemblies, equipment installation, processing, machining and material handling.
  • Lead Assembly Tooling and Equipment strategy for new production lines.
  • Participate in DFMEA, CTQ, and FTQ processes to assure that product and assembly specifications are clearly defined and documented; and in and/or reviews DFM and DFA activities to support early product and process development and quality planning.
  • Support the Capital Expense Request (CER) process, specifying costs for Assembly and Packaging Equipment, and Test Fixtures, with consideration to product standard cost targets and capacity demands.
  • Consult for product commercialization strategy, including make versus buy analyses, manufacturing site selection, component supplier selections and tooling strategies.
  • Support assembly and test equipment validations and qualifications including FAT, SAT, IQ/OQ/PQ, and MSA studies.
  • Troubleshoot and develop solutions to address Overall Equipment Effectiveness (OEE) for New Product Development programs/equipment.
  • Advise Management of any unmitigated risks and/or developments that could affect schedule, standard cost, or revenue.
  • Lead AME group’s awareness of new technology advances associated with production process development and assembly and test equipment including data collection and vision systems.
  • Requires some travel to manufacturing sites and supplier visits.

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals and healthcare professionals around the world. Medtronic stands out from competitors by not only focusing on product development but also offering comprehensive services such as training for healthcare providers and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through their advanced medical solutions.

Company Stage

IPO

Total Funding

$3.2M

Headquarters

Fridley, Minnesota

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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Simplify's Take

What believers are saying

  • Medtronic's recent product innovations, such as the InterStim Micro Neurostimulator and remote monitoring systems, highlight its commitment to advancing medical technology.
  • The company's expansion in Asia, including the launch of the Robotics Experience Studio, indicates strong growth potential in emerging markets.
  • Strategic partnerships and acquisitions, like the collaboration with Ramsay Health Care and the acquisition of Paceart Optima, enhance Medtronic's capabilities and market position.

What critics are saying

  • The highly competitive medical technology market requires Medtronic to continuously innovate to maintain its leadership position.
  • Integration challenges from acquisitions and partnerships could potentially disrupt operations and delay product development.

What makes Medtronic unique

  • Medtronic's extensive R&D investment enables continuous innovation in medical technology, setting it apart from competitors who may not have the same level of resources.
  • The company's global reach, operating in over 150 countries, provides a significant advantage in market penetration and customer base.
  • Medtronic's comprehensive suite of products and services, including training and patient management programs, offers a holistic approach to healthcare that many competitors lack.