Senior Material Management Analyst at Medtronic

Hull, England, United Kingdom

Medtronic Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
HealthcareIndustries

Requirements

  • Several years experience in Cath Lab, OR or hospital working environment, or several years’ experience in a Supply Chain environment
  • Advanced standard of education (Bachelor’s degree or similar)
  • Clinical background, NHS experience ideally
  • Project management and/or Change management experience
  • General knowledge of healthcare / hospital practices and standards
  • Expert/Pro knowledge of Excel and MS-Office suite
  • Excellent communication skills (verbal and written), fluent in English

Responsibilities

  • Become the subject matter expert relating to the Inventory Management System (IMS) and monitor & follow up in case of product errors; be the local point of contact for all related issues, updates and enquiries; understand interaction between IMS and hospital system(s)
  • Execute, plan and monitor the ordering, receipt, storage and consumption processes on site for the product portfolio of all suppliers in scope, including management of the settings that drive system activity
  • Monitor and implement initiatives to decrease the obsolescence risk to the IHS portfolio, PAR Level Management and performance of regular cycle counts
  • Be main point of contact and organize all returns to all suppliers through agreed processes, liaise with IHS backoffice and manage hospital expectations around this
  • Run all daily, weekly and adhoc reports as per IHS processes; create and manage error logs, report and follow up on issues to suppliers and feedback information to hospital
  • Execute local process improvement initiatives to manage expectations of all parties (Suppliers, hospital, IHS backoffice); initiate and contribute to process improvement initiatives in the area of materials management and consumption
  • Partner with all applicable hospitals and IHS teams to ensure timely set up, ordering and delivery through all applicable systems; review stock levels in regards to new product launches; destock and order new products; liaise with IHS backoffice to add to IMS

Skills

Inventory Management System
IMS
PAR Level Management
Cycle Counts
Supplier Returns
Ordering Processes
Receipt Management
Storage Management
Consumption Monitoring
Error Log Management
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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