Senior Material Planner at Medtronic

Irvine, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical Devices, HealthcareIndustries

Requirements

Passion for patients served and desire to improve business through supply chain solutions
Patient-centric, passionate, and representative of diverse life experiences
On-site availability in Irvine, CA (no relocation assistance)

Responsibilities

Understand, validate, correct, and act on Material Requirement Planning (MRP) and its messages; ensure BOM, yields, lead times, MOQ, and safety stock are correct for accurate MRP signals
Source, purchase, plan, and schedule movement of raw materials, packaging materials, parts, components, services, supplies, finished goods, and related materials through production and inventory processes
Actively manage raw material inventory, including analysis and reduction of unhealthy inventory
Partner with Sourcing Engineer to resolve supplier issues related to quality, capacity, and lead time
Lead and participate in cross-functional projects involving Supply Chain, Sector, and/or corporate initiatives to meet business objectives
Ensure compliance to procedures and represent purchasing in audits
Coordinate and follow up with production, warehouse, IQC, and engineering personnel to ensure appropriate procurement, scheduling, and movement of materials and services
Compile information to stay informed on price trends and manufacturing processes
Monitor supplier performance and collaborate on demand analysis planning
Meet inventory goals while supporting material requirements for production
Maintain purchase orders (POs) for dates and quantities to remain current and drive supplier OTIF excellence
Represent Purchasing in Manufacturing, Operations Scheduling, and other daily Tier meetings
Coordinate closely with suppliers and Manufacturing to prevent line downs due to materials
Place timely purchase orders, expedite materials, and resolve payment issues with suppliers
Partner with Commodity Management/Supply Management on supplier Value Stream, Capacity Planning, supplier issues/delays, and Business continuity assessment
Proactively escalate supplier issues and gain buy-in from cross-functional teams to ensure risk mitigation
Responsibility for MRP accuracy, purchase planning and execution, PO maintenance, and raw material inventory (including placing POs for raw materials, Kanban agreements, raising call-ups, negotiating timely delivery, ensuring cost-effective acquisition of quality materials, validating BOM for buy materials, and inventory analytics to reduce unhealthy inventory)
Lead and work collaboratively with Production Planning, Manufacturing, Commodity Management, Supplier Quality, and Supplier Management

Skills

MRP

Purchase Planning

PO Management

Kanban

Inventory Management

BOM Validation

Inventory Analytics

Supply Chain

Negotiation

Supplier Management

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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