Technical Sourcing Program Manager (Finance)

We anticipate the application window for this opening will close on - 29 Jan 2025

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life
This exciting role will support the Peripheral Vascular Operating Unit, focusing on minimally invasive approaches, devices, and therapies that treat patients with Peripheral and Carotid Artery Disease, End-Stage Renal Disease, Superficial and Deep Venous Diseases, and Peripheral Embolization. Join us in advancing the next generation of life-changing medical technologies for patients worldwide.

The Technical Sourcing Program Manager will engage with consistent processes to lead the reduction of overall supply risk and drive the adoption of capable technologies & sources in New Product Development resulting in predictable supply & competitiveness through full product launch. Technical Sourcing is responsible for the timely execution of all TS project deliverables in the Product Development Process (PDP).
Global Technical Sourcing (GTS) is the primary integration point linking Global Supply Management (GSM) with Technology and New Product Development (NPD) Project Teams aligning Medtronic Product and Supplier Technology Roadmaps. GTS accelerates innovation through suppliers to create a sustainable competitive advantage.

As the Program Manager-Technical Sourcing, you will be the primary Sourcing point of contact for Technology and New Product Development (NPD) Project Teams aligning Medtronic Product and Supplier Technology Roadmaps. The role involves strategic engagement with New Product Development, Global Supply Management, Operations, and Suppliers.

You will:

• Lead, drive, and project manage Supplier Identification, Evaluation, Selection, Development, Qualification, and Product Launch Ramp-up in line with Category and Product Development Strategies and preferred supplier segmentation.
• Lead and collaborate with cross-functional teams to evaluate, develop, qualify, and manage supplier projects for new product development programs.
• Lead, track, and project manage improvements in procured component Supply Risk, Quality, Material Cost, and Response / Lead Time for the full Device procured Bill of Material (for both new and legacy components) in NPD.
• Oversee and manage the supplier aspects of projects and serve as a liaison between Ops-Core Team Member, project management, and project team.
• Develop and track supplier-related project progress and develop resolutions to meet schedule, budget, cost, productivity, quality, and functionality goals and objectives.
• Communicate with stakeholders and obtain stakeholder engagement to ensure the suppliers and components meet business needs.
• Support Launch Readiness and Transfer to Operations. Lead Component Sourcing Responsibility Transfers Post Qualification (to High Volume Facilities and Operations - transition from Technical Sourcing to local Site Sourcing and Category Management.
• Identify potential new sources in Technologies where Category Strategies do not yet exist.
• Partner and drive suppliers to ensure components are designed for reliability, manufacturability, and cost. Define supplier objectives and communicate design requirements.

Must-Have:

• Bachelor's degree in engineering or technical discipline required.
• Minimum of 5 years of relevant technical and/or sourcing experience or advanced degree with a minimum of 3 years of relevant technical and/or sourcing experience.

Nice to Have:

• Broad experience in manufacturing processes and development of material/component replacement initiatives.
• Knowledgeable in design, production, and supplier-related efforts for medical device development.
• Ability and willingness to travel: 10-25%
• Extensive relevant experience in project management and supplier-related negotiation skills.
• Proficient business acumen and the ability to influence program objectives in a matrix organization.
• PMI Certification.
• Skilled in Lean and Six Sigma methodologies with expertise in Design for Reliability and Manufacturability.
• Proficient experience in supplier management, negotiation, and overall supply chain processes.
• Proven communication, leadership, and interpersonal and team-building skills.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$109,600-$164.400

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others)

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance , Health Savings Account , Healthcare Flexible Spending Account , Life insurance, Long-term disability leave , Dependent daycare spending account , Tuition assistance/reimbursement , and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match , Short-term disability , Paid time off , Paid holidays , Employee Stock Purchase Plan , Employee Assistance Program , Non-qualified Retirement Plan Supplement (subject to IRS earning minimums) , and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 90,000+ passionate people.
We are engineers at heart- putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here .

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.