Medtronic Principal Technical Sourcing Specialst in Boulder, Colorado
Principal Technical Sourcing Specialst
Boulder, Colorado, United States
Mar 19, 2021
Careers that Change Lives
You will be a key member of Medtronics Technical Sourcing team. Impact patient outcomes. Come for a job, stay for a career.We are a learning culture. An inventive and collaborative group. We are dedicated to making sure thatevery patient gets the bestproductwhen they need it. We have strong ties to our localcommunities. Ourvibrant employee communities respect and value individual experience and perspective as weaim to improve lives and the access to healthcare.We believe that when people from different cultures, genders, and points of view come together,innovation is the resultand everyone wins.Medtronic walks the walk, creating an inclusive culture where youcan thrive.
The Minimally Invasive Therapies Group strives to enable earlier diagnosis, better treatment, faster complication-free recovery, and enhanced patient outcomes through less invasive surgical solutions.
A Day in the Life
As the Principal Technical Sourcing Specialist, you will be the primary Sourcing point of contact to Technology and NPD Project Teams aligning Medtronic Product and Supplier Technology Roadmaps. The Principal Technical Sourcing Specialist 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.
Documenting managing overall Project Sourcing Strategies-Report out at each progressive Phase Gate.
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 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.
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 RD 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.
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 RD).
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.
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
Bachelors Degree in Engineering
Minimum of 5 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.
Experience in medical device industry.
Knowledge with specific technologies to applicable categories.
Lean Sigma experience
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. Lets 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).
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.Learn more about our benefitshere (https://www3.benefitsolver.com/benefits/BenefitSolverView) ..
This position is eligible for a short-term incentive plan. Learn more about Annual Salary and Medtronic Incentive Plan (MIP) on Page 6 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.