Full-Time

Technical Sourcing Program Manager

Posted on 1/15/2025

Medtronic

Medtronic

10,001+ employees

Develops and manufactures medical devices and therapies

Biotechnology
Healthcare

Compensation Overview

$109.6k - $164.4kAnnually

+ Short-term Incentive Plan (MIP)

Senior

Minneapolis, MN, USA

Category
Project Management
Business & Strategy

You match the following Medtronic's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree required.
  • Minimum of 5 years of relevant technical and/or sourcing experience or advanced degree with a minimum of 3 years of relevant technical and/or sourcing experience.
Responsibilities
  • Lead, drive, and project manage Supplier Identification, Evaluation, Selection, Development, Qualification, and Product Launch Ramp-up in line with Category and Product Development Strategies and preferred supplier segmentation.
  • Lead and collaborate with cross-functional teams to evaluate, develop, qualify, and manage supplier projects for new product development programs.
  • Lead, track, and project manage improvements in procured component Supply Risk, Quality, Material Cost, and Response / Lead Time for the full Device procured Bill of Material (for both new and legacy components) in NPD.
  • Oversee and manage the supplier aspects of projects and serve as a liaison between Ops-Core Team Member, project management, and project team.
  • Develop and track supplier-related project progress and develop resolutions to meet schedule, budget, cost, productivity, quality, and functionality goals and objectives.
  • Communicate with stakeholders and obtain stakeholder engagement to ensure the suppliers and components meet business needs.
  • Support Launch Readiness and Transfer to Operations. Lead Component Sourcing Responsibility Transfers Post Qualification (to High Volume Facilities and Operations - transition from Technical Sourcing to local Site Sourcing and Category Management.
  • Identify potential new sources in Technologies where Category Strategies do not yet exist.
  • Partner and drive suppliers to ensure components are designed for reliability, manufacturability, and cost. Define supplier objectives and communicate design requirements.
Desired Qualifications
  • Bachelor’s degree in an engineering discipline.
  • Broad experience in manufacturing processes and development of material/component replacement initiatives.
  • Knowledgeable in design, production, and supplier-related efforts for medical device development.
  • Ability and willingness to travel: 10-25%.
  • Extensive relevant experience in project management and supplier-related negotiation skills.
  • Proficient business acumen and the ability to influence program objectives in a matrix organization.
  • PMI Certification.
  • Skilled in Lean and Six Sigma methodologies with expertise in Design for Reliability and Manufacturability.
  • Proficient experience in supplier management, negotiation, and overall supply chain processes.
  • Proven communication, leadership, and interpersonal and team-building skills.

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 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

  • CE Mark approval for BrainSense™ aDBS boosts Medtronic's EU market share.
  • CMS analysis could increase adoption of Symplicity™ Spyral in the U.S.
  • Exclusive Contego agreement strengthens Medtronic's U.S. carotid market position.

What critics are saying

  • Emerging competitors like Fire1 challenge Medtronic's cardiovascular market share.
  • Exclusive agreements may limit flexibility in adapting to market changes.
  • Regulatory changes in EU could delay new product launches like BrainSense™ aDBS.

What makes Medtronic unique

  • Medtronic leads in personalized Parkinson's treatment with BrainSense™ Adaptive DBS technology.
  • The company has a strong cardiovascular portfolio, including the Symplicity™ Spyral system.
  • Medtronic's strategic partnerships enhance its orthopedic and carotid market presence.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

INACTIVE