You will be a key member of Medtronic's Technical Sourcing team. Impact patient outcomes. Come for a job, stay for a career. Our space, the medical device and healthcare industry, is rapidly changing.It always has been that way. With remote monitoring, wearables, robotics, AR/VR, telemedicine, and much more, agility and responsiveness are key to our success.Experience what it's like to work at a company with an exciting product pipeline full of patented inventions driving innovation in the healthcare space.
The Surgical Innovations Operating Unit delivers meaningful innovation to enhance clinical decision making, improve patient outcomes, and drive economic value in open, laparoscopic and robotic-assisted surgery.
A Day in the Life As the Principal Sourcing Engineer you will be the primary Sourcing point of contact to Technology and NPD Project Teams aligning Medtronic Product and Supplier Technology Roadmaps. You will manage supplier interactions with NPD & Technology by:
Knowing and communicating sourcing risks early in the development cycle to drive mitigating designs and or focused Supplier Development.
Driving Supplier Evaluation, Selection, Development, Qualification, and Product Launch Ramp-up in line with Commodity Strategies.
Identifying potential new sources in Technologies where Category Strategies do not yet exist.
Track and manage supplied component Quality, Supply Risk, Material Cost, Response / Lead Time, & Technology advancement for the full Device Bill of Material, (for both the new and legacy components).
Manage and coordinate all Sourcing Project Deliverables.
Project Management:
Project Management and coordination of all Sourcing Project Deliverables (Component Quality, Supply Risk, Resources and Performance, Cost, Lead-time, and Technology) in support of Product Development and report out to stakeholders at stage gate exit
Facilitate Early Supplier Involvement (ESI) technical meetings, effectively document agreements and risks, and drive closure of open action items.
Lead Component Sourcing Responsibility Transfers Post-Qualification to Manufacturing Facilities and Operations, and from Advanced Sourcing to local Site Sourcing and Category Management. Provide post launch support as needed.
Sourcing Engineering
Provides input to technology and development core teams with recommendations affecting Design for Reliability & Manufacturability (DRM) and supplier selection decisions
Provide technical evaluations at the supply base and must be knowledgeable of key/critical components, process and technologies
Technology Road-mapping: Periodically review Medtronic Product Plans and Technology initiatives to provide early communication for Category Management for Supplier Identification & Capability development.
Participant in the Capital Expense Request (CER) process, specifying costs for capital investment with consideration to product standard cost targets and capacity demands
Sourcing Strategy
Lead supplier evaluation, selection, development, qualification, and product launch ramp-up aligned with category and technology development strategies.
Recommends standard costs for new components and assemblies to ensure accurate costing of NPD products utilizing Should-Cost modeling and Make vs. Buy analysis.
Be knowledgeable of Category Strategies to ensure Supplier Technology Roadmaps are integrated into Product Develop Programs. Identifying potential new sources in Technologies where Category Strategies do not yet exist.
Supplier Performance Management
Monitors overall key performance indicators/metrics for suppliers (TTL / TTM / Part Documentation/Quality/COGS). This will be completed per Design for Reliability & manufacturability (DRM) framework in strong alignment and coordination with R&D and Supplier Quality
Work with cross-functional teams (including supplier resources) to drive continuous improvement (quality, efficiencies, cost), root cause and final resolution of supplier related opportunities or issues.
Develop technical solutions to problems using corrective/preventative action processes such as DMAIC and Lean Six Sigma.
Supply Risk Management
Execute Supplier Process Assessments to identify risk to the business and work proactively to mitigate that risk to drive mitigating designs and/ or focused Supplier Development.
Ensures full supply chain continuity via supplier capacity management and risk mitigation strategies through to the base materials
Develop the value stream and ensures component surge capacity is achieved.
Contracts/Negotiations:
Provide front line negotiation with knowledge of category strategies and an ability to influence design/technology/source decisions. This will be done with a view of total cost of ownership.
Drafts and executes pertinent written agreement/documents for ongoing requirements (purchase orders, leases, Memoranda of Agreement, etc.); collaborates on establishment of pertinent agreements for development requirements (NDAs/CDAs, SOW, etc., including interface with R&D).
Broad understanding of the implications of different types of commercial agreements. Chooses the appropriate agreement for the circumstances. Understands the General Terms and Conditions of Purchase. Makes well informed judgments when to escalate and/or involve the legal department.
Buying/Planning
Source, purchase, plans and schedule the movement of raw materials through production and inventory process. Manage material demands and sourcing within NPD by consulting with Engineering, Marketing, Planning, and Manufacturing to develop appropriate product introduction plans.
Identify raw material, component and related requirements from engineering and production specifications and schedules.
Must Have: Minimum Requirements
Bachelors degree required
Minimum of 7 years of relevant experience, or advanced degree with a minimum of 5 years relevant experience
Nice to Have
Bachelor's Degree in Engineering
7 - 10 years experience including 2 years minimum in a sourcing, project management, or product development role
Working knowledge of Technical Sourcing
Knowledge of applicable FDA/GMP and International medical device regulations and standards.
Knowledge of ISO Standards.
PMI Certified
ISM Certified
Experience in medical device industry.
Knowledge with specific technologies to applicable categories.
Lean Sigma experience
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.
Physical Job Requirements
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. (ADA-United States of America)
