Full-Time

Technical Sourcing Program Manager

Posted on 11/9/2024

Medtronic

Medtronic

10,001+ employees

Develops and manufactures medical devices and therapies

Healthcare

Compensation Overview

$109.6k - $164.4kAnnually

+ Short-term Incentive (Medtronic Incentive Plan)

Senior, Expert

Billerica, MA, USA + 1 more

More locations: Blaine, MN, USA

Category
Project Management
Business & Strategy
Requirements
  • Bachelor’s degree required.
  • Minimum of 7 years of relevant technical and/or sourcing experience or advanced degree with a minimum of 5 years of relevant technical and/or sourcing experience.
  • Bachelor’s degree in engineering or supply chain discipline.
  • Experience sourcing/managing contract manufacturers and/or capital equipment or electronics suppliers.
  • General Manufacturing Process knowledge and experience.
  • PMI Certification.
  • Extensive relevant experience in project management and supplier-related negotiation skills.
  • Ability to manage multiple technologies and priority changes while consistently meeting customer needs.
  • Broad technical knowledge/background.
  • Lean and Six Sigma experience.
  • Design for Reliability & Manufacturability experience.
  • Proficient experience in the management of suppliers and supply chains.
  • Ability & willingness to travel 10 – 25%.
  • Proficient business understanding and the ability to influence program objectives in a matrix organization.
Responsibilities
  • Lead and collaborate with cross-functional teams to evaluate, develop, qualify, and manage supplier projects for new product development programs.
  • Oversee and manage the supplier aspects of projects and liaise with Ops-Core Team Members, project management, and project team.
  • Develop mechanisms for monitoring project progress and develop resolutions to meet schedule, budget, cost, productivity, quality, and functionality goals and objectives.
  • Partner and drive suppliers to ensure components are designed for reliability, manufacturability, and cost.
  • Define supplier objectives and communicate design requirements.
  • Identify and communicate sourcing risks early to drive mitigating designs and focused supplier development.
  • Drive supplier identification, evaluation, selection, development, qualification, and product launch ramp-up in line with category and product development strategies.
  • Provide front-line negotiation with knowledge of category strategies and influence design/technology/source decisions.

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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