Principal - Sales Analyst at Medtronic

Pune, Maharashtra, India

Medtronic Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical DevicesIndustries

Requirements

  • Bachelor’s degree and 9+ years of Sales, Marketing, and/or Project Management experience
  • OR Advanced degree with 7+ years of Sales, Marketing, and/or Project Management experience
  • SQL experience
  • Tableau and Power BI experience
  • Lean Six Sigma certification (Green Belt, Black Belt, or higher)
  • Data Modeling and Forecasting experience
  • Advanced technical skills (MS Excel, MS PowerPoint, etc.)
  • Prior Medical Device experience

Responsibilities

  • Develops and maintains forecasting models based on sales data, plus other internal and external data
  • Continually assess the effectiveness of the sales and clinical teams as well as support cross-functional partners (i.e. Marketing, Health Plan Solutions) and proposes creative solutions to address complex business challenges
  • Develop and implement strategies for process optimization and standardization
  • Conduct data analysis and develop reporting tools to identify business trends and report performance results across sales channels, product lines, payer groups, etc
  • Review department metrics with leadership team to help ensure consistent performance, high level of productivity, and achievement of business goals for the Commercial Organization
  • Identify and track data necessary to develop and refine business forecasting and product utilization models as well as to develop predictive sales and productivity analytics
  • Design, produce and maintain various reports and data base systems for department management as requested
  • Work closely with stakeholders to define project goals, KPIs, and deliverables
  • Simultaneously manage multiple project/work assignments and analytical duties
  • Use statistical tools and data analysis to monitor performance and support decision-making
  • Learn and develop proficiency with Salesforce, Centricity and/or other programs used by the Commercial Team
  • Collaborates cross-functionally to ensure optimal sales execution and attainment of growth objectives

Skills

sales analytics
forecasting
territory planning
performance measurement
data-driven insights
business acumen
cross-functional collaboration

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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