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Sr. Program Manager - Cost Excellence Contract Manufacturing

$144k - $216k

Medtronic Inc

We anticipate the application window for this opening will close on 16 Jun 2026. 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 Bring your talents to an industry leader in medical technology and healthcare solutions – we’re a market leader growing daily. You can be proud to be a part of technologies rooted in our long history of mission‑driven innovation. You will be empowered to shape your own career. We support your growth with the training, mentorship, and guidance you need to own your future success. Together, we can transform healthcare. Join our Global Supply Management team as a Senior Program Manager for the Cost Excellence Ideation Team, where you will play a critical role in developing material cost savings strategies and opportunities across Medtronic’s $6 bn of annual material spend. Responsibilities Strategic Opportunity Prioritization: assess, bundle, and prioritize a diverse pipeline of cost savings initiatives, ensuring balanced delivery across multiple savings levers to support Medtronic’s goal of $300 M in annual material cost reductions. Material Cost Management: develop and implement comprehensive cost‑management strategies for high‑impact value streams, leveraging expertise in supplier bid analysis, make‑vs‑buy decisions, and medical device sourcing. Portfolio Spend Analysis: use advanced analytics tools (Power BI, Planisware) to analyze spend data, uncover key trends, and identify actionable opportunities for cost optimization. Process & Tool Improvement: design and deploy improved business processes, systems, and tools across teams and partner functions, applying Lean methodologies and best practices to maximize efficiency and cost savings. Performance Tracking & Problem Solving: lead operating mechanisms, track key performance indicators, and drive collaborative problem‑solving in tier meetings. Business Case Development: work closely with the evaluation team to develop and ensure robust financial analysis and high‑confidence recommendations. Leadership Communication: prepare and present program updates to senior leadership during monthly operating reviews, translating complex data and business insights into clear, actionable strategies. Cross‑Functional Ideation: lead and participate in cross‑functional ideation events to uncover new material cost savings opportunities. Stakeholder Partnership: partner with stakeholders across Category Management, Supplier Optimization, VAVE, and other organizations to generate, evaluate, and implement programmatic savings ideas. Must‑Have Qualifications Bachelor’s degree and 7 years of strategic business or sourcing support experience, or a master’s degree with 5 years of strategic business or sourcing support experience. Nice‑to‑Have Qualifications Supplier Management Expertise: proven experience in supplier bid analysis, supplier selection for medical devices, and make‑vs‑buy analysis to optimize sourcing decisions. Electro‑Mechanical Assembly Experience: hands‑on experience with electro‑mechanical assemblies, including PCB/PCA manufacturing, cable assemblies, and implantable device design requirements. Advanced Analytics Proficiency: skilled in leveraging analytics tools such as Power BI and Planisware for data‑driven decision making and program management. Lean Belt Certification: demonstrated application of Lean methodologies to drive operational excellence and cost efficiency. Business Acumen & Financial Insight: high degree of business acumen with the ability to analyze financial data and translate insights into actionable cost savings strategies. Proven Cost Optimization Leadership: track record of leading cost savings initiatives and achieving measurable savings goals across diverse product portfolios. Portfolio Management Skills: ability to balance and manage priorities across a wide range of products and projects. Cross‑Functional Collaboration: strong ability to collaborate effectively with cross‑functional teams and influence stakeholders at all levels. Physical Job Requirements The above statements describe the general nature and level of work being performed by employees assigned to this position. They are not an exhaustive list. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For office roles, the employee is required to be independently mobile and to interact with a computer and communicate with peers and co‑workers. U.S. Work Authorization & Sponsorship Medtronic is committed to fostering an environment where employees can thrive. U.S. work‑authorization sponsorship (H‑1B, TN, J, etc.) is offered exclusively for Principal‑level roles and above. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment. Benefits & Compensation Medtronic offers a competitive salary and flexible benefits package. Salary ranges for U.S. (excl. PR) locations (USD): $144,000.00 – $216,000.00. This position is eligible for a short‑term incentive called the Medtronic Incentive Plan (MIP). The base salary range applies across the United States, excluding Puerto Rico and specific locations in California. Compensation and benefits information pertains solely to candidates hired within the United States. Benefits for regular employees include health, dental, vision, 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. Other benefits include incentive plans, 401(k) with employer contribution and match, short‑term disability, paid time off, paid holidays, employee stock purchase plan, employee assistance program, non‑qualified retirement plan supplement, and capital accumulation plan (for VPs and above). Temporary employees are eligible for paid sick time and the employee stock purchase plan. Equal Employment Opportunity Statement 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. #J-18808-Ljbffr

Vacancy posted 3 days ago
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