Senior Manager, Inventory Accounting & Control at Medtronic

Memphis, Tennessee, United States

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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 a minimum of 7 years' relevant experience, or Advanced degree with a minimum of 5 years' relevant experience
Minimum of 5 years leadership experience

Responsibilities

Drive the distribution Inventory process controls and continuous improvement processes to ensure customer service levels are met
Ensure operational excellence in all inventory related transactions including the efficient operations of the warehouse management system and related equipment and systems
Ensure distribution quality systems compliance is met at all times
Support supply chain continuous improvement initiatives for customer service and reduce cost of operation
Define, administer and measure the cycle counting process used in all Distribution Centers and Third-Party Logistics partnerships
Monitor inventory controls, aging, cycle counts, SOGL
Develop and maintain monthly reporting processes related to Distribution Inventory Control measurements
Support all internal and external audits related to Quality systems and SOX controls
Work hand in hand with various stakeholders
Monitor transactions between legacy systems and 3PL systems to ensure accuracy and completion of all inventory related processes
Manage and administer physical inventory counts where required
Ensure ongoing operations, processes and programs are completed on schedule and within budget
Recommend and implement new technologies, quality standards, and procedures to impact vision, including lean sigma and 6S principles
Work cross functionally with peers to develop consistent practices; performance and cost management
Utilize quality and performance metrics to ensure regulatory compliance
Ensure proper financial reporting from 3PL’s as related to inventory and financial processes
Maintain proper staffing levels and provide sound people management

Skills

Inventory Accounting

Inventory Control

Warehouse Management System

Cycle Counting

Lean Tools

Supply Chain Management

Process Improvement

Quality Systems Compliance

3PL Management

SOGL

Continuous Improvement

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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