We anticipate the application window for this opening will close on - 17 Apr 2025
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
At Medtronic, we not only have the opportunity to manage indirect categories for the largest medical device company in the world, but we also get to experience the immense sense of purpose that comes from knowing that the money we save is reinvested into technology that helps alleviate pain, restore health, and extend lives of millions of patients around the world. The work we do supports the Medtronic Mission, and it matters.
In this role, you will be a key member of Medtronic’s center-led Indirect Supply Management (ISM) team and report to the Sr. Sourcing Manager of Global Capital. This role provides the opportunity to identify and execute value-driven strategies across many functions, regions, and businesses. These strategies will leverage Medtronic’s global scale to drive year-over-year value within the Capital sub-categories. You will partner with the center-led business engagement teams in this role to implement pan-Medtronic category strategies globally.
The opportunities to create value within this ~$400M category are limitless, and we are seeking a candidate who thrives on building new opportunities every day to learn and make a difference. The ideal candidate will have a demonstrated history of quickly building and leveraging relationships in a matrixed environment, working collaboratively to ensure team performance, and successfully influencing various stakeholders at all levels.
As the Category Lead-Capital, you will:
Develop and execute strategies across subcategories of the Capital portfolio that utilize multiple levers/approaches to drive value and result in a sustainable competitive advantage
Work independently and build strategic relationships with internal stakeholders and suppliers
Adept at collaborating with and influencing diverse stakeholders to develop and execute strategies. Skilled in navigating and leveraging complex matrixed organizational structures like Medtronic to drive successful outcomes
Gather market intelligence and analyze trends for the responsible subcategories to support strategy building and execution, and inform strategic decision-making
Achieve (year-on-year) value improvements for all aspects of quality, service, innovation, and cost
Perform RF(x) events to drive competitive pressure and ensure maximum value is realized
Partner closely with key functions that support supply management (e.g., legal, finance, quality/compliance)
Lead in Supplier Relationship Management activities for the responsible subcategories
Lead contract negotiations
Recommend solutions to business problems and/or identify opportunities for improvement, and present ideas to leadership
Educate on key indirect supply management initiatives and policies
Develop robust data gathering and data quality maintenance protocols to ensure spend transparency and support development of baseline for sourcing cost reduction efforts
Identify insourcing and outsourcing opportunities
Establish and support a work environment of continuous improvement.
Must Have:
Bachelor’s degree in Sourcing, Supply Chain, business discipline or equivalent, and minimum 7 years relevant experience in Sourcing or Supply Chain, or an advanced degree with a minimum 5 years relevant experience in Sourcing or Supply Chain
Nice to Have:
Demonstrated experience in building and executing successful category strategies in the Capital space
Global Category Management experience (Strategy Development and Execution in accordance with Strategic Sourcing methodology)
Knowledge of working in FDA-regulated industries
Ability to partner with and influence internal technical experts
Influencing teams and external suppliers to deliver results
Strong program management skills
Solid business and legal acumen
Highly proficient in Excel, PowerPoint, and Power BI
Demonstrated leadership, customer service, problem solving, communication, negotiation, tact, judgment, and organizational skills
Demonstrated strength in analytical and critical thinking skills
High attention to detail
Excellent written and verbal communication
Positive and energetic team player with strong cross-functional team experience
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Salary ranges for U.S (excl. PR) locations (USD):$104,800.00 - $157,200.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).
The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance,Health Savings Account,Healthcare Flexible Spending Account,Life insurance, Long-term disability leave,Dependent daycare spending account,Tuition assistance/reimbursement, andSimple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees:Incentive plans, 401(k) plan plus employer contribution and match,Short-term disability,Paid time off,Paid holidays,Employee Stock Purchase Plan,Employee Assistance Program,Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), andCapital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
