Material Management Analyst at Medtronic

Copenhagen, Capital, Denmark

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Advanced standard of education (Bachelor degree or similar) with strong process thinking and solutions-oriented problem-solving skills
4–7 years of experience in a Cath Lab, OR, hospital environment, or in a Supply Chain environment
Quality improvement mindset with a proven track record in data analysis and strong affinity with numbers
Ability to self-manage time, prioritize workload, and communicate effectively in Danish and English (verbal and written)
Project management and/or change management experience; Lean Sigma is a plus
Experience working in an international, multi-layered matrix organization
Expert or advanced proficiency in Excel and the MS Office suite

Responsibilities

Perform all ordering, receipt, storage, and consumption processes on-site for all products and suppliers in scope, and understand the interaction between the IHS system and hospital system(s)
Manage short UBD (Use By Date) items and reduce expiry risk
Monitor product phase-in and phase-out activities
Organize and coordinate product returns
Perform cycle counts to ensure inventory accuracy
Run daily, weekly, and monthly reports as required
Utilize the inventory management system to order products, book in delivered stock, ensure accurate storage and consumption scanning
Manage new product entries, obsolete products, stock levels, expirations, and conduct regular cycle counting with required activity data capture
Work with suppliers to ensure timely deliveries, requiring strong communication skills for effective collaboration

Skills

Inventory Management

Cycle Counting

Materials Management

Supply Chain

Product Ordering

Stock Management

Expiration Management

Supplier Coordination

Data Capture

Reporting

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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