Full-Time

Global Trade Analyst

Product Classification, Hts/Eccn, Hybrid

Posted on 12/3/2024

Medtronic

Medtronic

10,001+ employees

Develops and manufactures medical devices and therapies

Healthcare

Compensation Overview

$62.4k - $93.6kAnnually

+ Short-term incentive (Medtronic Incentive Plan)

Junior, Mid

Minneapolis, MN, USA

Hybrid schedule requires both remote and in-office presence.

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Required Skills
SAP Products
PowerPoint/Keynote/Slides
Requirements
  • Bachelors degree required
  • Minimum of 2 years of relevant experience in trade, or advanced degree with 0 years of experience
  • 2+ years of experience in an international trade function
  • Commodity classification experience
  • Strong cross-functional collaboration skills and ability to influence others through demonstrated expertise
  • Excellent communication skills (e.g., verbal, written, presentation) with ability to communicate across all levels of the organization
  • Excellent organizational and multi-tasking skills
  • Proven problem solving and decision-making skills
  • Computer literacy and knowledge of software such as Word, Excel, PowerPoint, Access, Product Lifecycle Management programs, and SAP
  • Experience working in manufacturing or a matrix structured organization
Responsibilities
  • Classify products according to customs rules and requirements for global HS, select local HTS and ECCN
  • Release blocked orders in SAP
  • Identify items or products that require export or re-export licenses
  • Research global classifications rules/precedents
  • Create a standard customs description and rationale
  • Collaborate with functional area subject matter experts for product support and understanding
  • Maintain records and documentation necessary to support Medtronic’s classification decisions in the system of record
  • Perform classification within Service Level Agreement timelines
  • Identify opportunities for continuous improvement
  • Collaborate with global Trade teams
  • Work independently and with team members to proactively streamline processes
  • Maintains current knowledge of HS and ECCN classification

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

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.

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