Sr. Strategic Sourcing Program Manager at Medtronic

Northridge, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, Diabetes CareIndustries

Requirements

Technical Acumen
Business Acumen
Project Management skills
Leadership skills

Responsibilities

Coordinate and execute Sourcing Excellence project deliverables in support of Procurement priorities
Lead critical Diabetes separation efforts to ensure business continuity and Day 1 readiness
Effectively manage multiple workstreams, drive accountability and closure of open actions, align with key stakeholders and regularly report out to leadership
Facilitate process governance, develop digital innovation, support business intelligence, and preserve responsible sourcing
Influence impactful decisions and advocate for standard work tools and processes with a continuous improvement mindset
Prepare for Day 1 readiness, knowledge transfer and team training, TSA exit management, contract administration, and policies/procedures
Establish structure for OKRs, business processes, and governance
Define cross-functional information flow & operating mechanisms, e.g., Monthly Sourcing Review
Drive reporting of material cost savings (design, negotiations) & ideation hopper
PPV tracking and efficient escalation processes, templates, and intake forms
Make work easier and simplify through digitalization, automation, and AI

Skills

Strategic Sourcing

Procurement

Program Management

Supplier Management

Process Improvement

Data Analysis

Governance

Risk Management

OKRs

Templates

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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