Advanced Analytics Analyst

Mumbai, Maharashtra, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical Devices, HealthcareIndustries

Requirements

Candidates must possess a Bachelor’s degree in Mechanical Engineering, Industrial & Production, Operations, or a related field, and a minimum of 4 to 7 years of overall experience, with at least 2 to 3 years specifically in cost modeling or should costing. They should have a good understanding of injection molding plastic parts, machined parts, and packaging, alongside proficiency in various manufacturing processes and an understanding of engineering drawings. Strong interaction skills with internal and external teams, and the ability to read 2D and 3D drawings (preferably with CAD software like Creo) are also required.

Responsibilities

The Advanced Analytics Analyst will perform should cost analysis for components and assemblies, attend daily team meetings and weekly tier management meetings, maintain individual service level by delivering timely should cost models to customers, and communicate effectively with customers regarding scoping calls, project updates, and results. They will recommend strategies to close the gap between target and actual costs, actively participate in negotiations with suppliers, maintain standard documentation for cost model data, and work flexibly during US office hours. The role also involves collaborating with cross-functional teams and utilizing analytics and reporting tools such as Power BI, SharePoint, and SQL.

Skills

Cost modeling

Should costing

Injection molding

Machined parts

Packaging

Manufacturing processes

Engineering drawings

Medical devices

CAD

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

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 investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

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

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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