Strategic Operations Sourcing Specialist - Medtronic Mervue at Medtronic

Galway, County Galway, Ireland

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, ManufacturingIndustries

Requirements

Minimum Level 8 degree in Business Administration, Materials Management or a Supply Chain related field (preferred)
Minimum of 2 years of relevant experience
Practical knowledge and demonstrated competence within job area, typically obtained through advanced education combined with experience
Solid computer skills: SAP, Microsoft Outlook, Excel, Word, PowerPoint, and Project; Advanced Excel knowledge (VLOOKUP, pivot tables, formulas, macros, etc.)
Knowledge of procurement/planning principles, regulations, theories, and processes (nice to have)
Understanding and experience with integrated manufacturing software systems (nice to have)
Understanding of industry terminology, processes, workflow, and materials (nice to have)
Exposure to supply chain, planning, purchasing, materials, and inventory control environment (nice to have)

Responsibilities

Maintain and promote strong relationships with suppliers, Supplier Quality Engineering, Manufacturing, Planning, Finance, Quality, Commodity Management, and any other internal customers
Provide project management and sourcing expertise to cross-functional, cross-divisional commodity teams
Facilitate these teams in the development and execution of long-term strategies that optimise Medtronic's position in terms of quality, cycle/response time, technology, risk, and total cost
Use problem solving techniques/methodologies to identify supplier delivery root cause and achieve resolution of production continuity events
Mitigate risk, leverage technology and purchase power, improve processes and systems, and reduce overall cost of ownership and acquisition
Participate in daily stand up at site production and tier meetings; attend other staff meetings as required
Perform special projects as assigned, including Lifecycle Management and support material cost reduction initiatives (Price Point Variance)
Support Cash Flow Initiatives: Last time buy/Strategic and excess & obsolete process, follow-up scrap disposition at sites, and monitor
Participate in operations sourcing strategic activities, especially those involving product life cycle and supplier management (product/part phase in-phase out, last time buy/strategic, excess & obsolete processes)
Support local sourcing related initiatives, supplier delivery performance, and inventory management
Support commodity management in pricing, terms & conditions, and quality agreements with key strategic suppliers

Skills

Strategic Sourcing

Supplier Management

Project Management

Commodity Management

Supply Chain Management

Inventory Management

Pricing Negotiation

Terms & Conditions

Quality Agreements

Product Life Cycle

Excess & Obsolete Management

Supplier Delivery Performance

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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