Senior Strategic Sourcing Analyst at Medtronic

Minneapolis, Minnesota, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor's Degree and a minimum of 4 years relevant data analysis experience or advanced degree with a minimum of 2 years relevant data analysis experience
Strong knowledge of data analytics applied to strategic sourcing and related processes (e.g., supply chain, purchasing, quality) (preferred)
Hands-on experience with cloud-based data warehousing platforms (e.g., Snowflake) including advanced SQL programming skills and strong working knowledge of data architecture principles (preferred)
Familiarity with data visualization tools such as Power BI and Tableau (preferred)
Strong project management capabilities with a proven ability to lead cross-functional initiatives (preferred)
Excellent written and verbal communication skills; confident in presenting to diverse audiences across all organizational levels (preferred)

Responsibilities

Develop and implement advanced analytical reporting and services for Global Strategic Sourcing
Deliver actionable insights through data correlations and intelligence to support decision-making and performance monitoring
Optimize data collection, standardization, governance, and reporting processes to enable innovative analytical solutions
Lead improvement initiatives in collaboration with Informatics and Analytics teams across Strategic Sourcing
Ensure high-quality data management, integration, and consistency across multiple platforms
Define and maintain clear criteria to ensure consistency and accuracy in reporting and analysis
Own and enhance sourcing process and self-service tools used by stakeholders
Partner with Category Managers to provide analytics that inform sourcing strategies and supplier negotiations

Skills

Key technologies and capabilities for this role

data analysisanalytical reportingbusiness intelligencedata governancesupply chain analyticsstrategic sourcingdata collectiondata standardizationdata integrationsourcing processesself-service tools

Questions & Answers

Common questions about this position

What are the minimum qualifications for the Senior Strategic Sourcing Analyst role?

A Bachelor's Degree with a minimum of 4 years relevant data analysis experience or an advanced degree with a minimum of 2 years relevant data analysis experience is required.

What preferred skills are highlighted for this position?

Preferred skills include strong knowledge of data analytics in strategic sourcing, hands-on experience with cloud-based data warehousing like Snowflake and advanced SQL, familiarity with Power BI and Tableau, strong project management, and excellent communication skills.

What is the salary or compensation for this role?

This information is not specified in the job description.

Is this position remote or does it require office work?

This information is not specified in the job description.

What does Medtronic's culture emphasize for this role?

Medtronic emphasizes a life-long career of exploration and innovation, leading with purpose, breaking down barriers to innovation, and championing healthcare access and equity in a connected, compassionate world.

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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