Full-Time

Principal Advanced Manufacturing Engineer

Posted on 9/18/2024

Medtronic

Medtronic

10,001+ employees

Develops and manufactures medical devices and therapies

Biotechnology
Healthcare

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, clinics, 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 its advanced medical solutions.

Company Stage

IPO

Total Funding

$3.2M

Headquarters

Fridley, Minnesota

Founded

1949

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Simplify's Take

What believers are saying

  • Growing demand for connected medical devices boosts Medtronic's product and patient management solutions.
  • Personalized medicine trends create opportunities for customized Medtronic devices and therapies.
  • Increasing chronic disease prevalence expands Medtronic's market share in diabetes and cardiovascular solutions.

What critics are saying

  • Emerging competitors like Anteris challenge Medtronic's market share and innovation pace.
  • Spine biologics market growth requires rapid innovation to maintain Medtronic's competitive edge.
  • Talent retention challenges may arise following Ira Bindra's departure to Reliance Industries.

What makes Medtronic unique

  • Medtronic offers a comprehensive suite of products and services for diverse medical conditions.
  • The company invests heavily in R&D to drive innovation in medical technology.
  • Medtronic's global presence in over 150 countries enhances its market reach and influence.

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