What are the responsibilities and job description for the Sr. Category Manager- Plastics position at Medtronic?
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
Join Medtronic’s Global Sourcing team as the Sr. Category Manager for Plastics – Disposables to develop and execute category strategies. You will lead category strategy, cost reduction initiatives, on-time delivery, quality, supplier performance, supplier consolidation/rationalization, and improve supplier relationships.
You will utilize your deep knowledge of the plastics industry, the market, and the category environment to identify, develop, and execute category strategies that can leverage supplier capabilities and Medtronic’s purchasing power at a global scale to attain world-class product costs and the most competitive total cost of ownership.
We believe that innovation results when people from different cultures, genders, and points of view come together—and everyone wins. Medtronic walks the walk, creating an inclusive culture where people can thrive.
Remote flexibility is possible based on the candidate's location.
As the Sr. Category Manager for Plastics -Molding, you will engage with Operating Units leadership to ensure delivery of effective category management strategies and standards that deliver to Medtronic’s overall operations and business results. You will support and own key initiatives relevant to molding tool management strategies. Through strategic leadership, you will facilitate or support Operation Networks discussions that will optimize the commodity in terms of quality, service, technology, market intelligence, risk, and total cost of ownership.
You will work to leverage Operations Network strategies at an enterprise level and continuously develop and improve leveraging opportunities by consolidating spend with key business partners supporting the broader interests of Medtronic. In addition, you will leverage strategic sourcing processes across Medtronic by maximizing the company’s combined purchase power to reduce the overall cost of ownership and acquisition through strategic negotiations and optimize supplier relationship management opportunities through partnerships within their primary categories of oversight. You will collaborate with the GTS Group and the Medtronic Operating Units to ensure category strategy alignment when executing and completing NPI/NPD projects.
As the Sr. Category Program Manager-Plastics, you will:
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):$138,400.00 - $207,600.00
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).
About Medtronic
Medtronic benefits and compensation plans
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.
At Medtronic, most positions are posted on our career site for 3-7 days.
A Day in the Life
Join Medtronic’s Global Sourcing team as the Sr. Category Manager for Plastics – Disposables to develop and execute category strategies. You will lead category strategy, cost reduction initiatives, on-time delivery, quality, supplier performance, supplier consolidation/rationalization, and improve supplier relationships.
You will utilize your deep knowledge of the plastics industry, the market, and the category environment to identify, develop, and execute category strategies that can leverage supplier capabilities and Medtronic’s purchasing power at a global scale to attain world-class product costs and the most competitive total cost of ownership.
We believe that innovation results when people from different cultures, genders, and points of view come together—and everyone wins. Medtronic walks the walk, creating an inclusive culture where people can thrive.
Remote flexibility is possible based on the candidate's location.
As the Sr. Category Manager for Plastics -Molding, you will engage with Operating Units leadership to ensure delivery of effective category management strategies and standards that deliver to Medtronic’s overall operations and business results. You will support and own key initiatives relevant to molding tool management strategies. Through strategic leadership, you will facilitate or support Operation Networks discussions that will optimize the commodity in terms of quality, service, technology, market intelligence, risk, and total cost of ownership.
You will work to leverage Operations Network strategies at an enterprise level and continuously develop and improve leveraging opportunities by consolidating spend with key business partners supporting the broader interests of Medtronic. In addition, you will leverage strategic sourcing processes across Medtronic by maximizing the company’s combined purchase power to reduce the overall cost of ownership and acquisition through strategic negotiations and optimize supplier relationship management opportunities through partnerships within their primary categories of oversight. You will collaborate with the GTS Group and the Medtronic Operating Units to ensure category strategy alignment when executing and completing NPI/NPD projects.
As the Sr. Category Program Manager-Plastics, you will:
- Manage an estimated : $200M annual spend on Injection molded parts and assemblies, create and develop, and gain business alignment for category strategies.
- Execute category strategies and continuous category strategy adjustments and reviews with internal and external stakeholders. Conduct global market intelligence for the Specialty Materials category and provide insights to support network optimization opportunities.
- Advocate on behalf of supply management function with business units and operational partners to ensure support for core business objectives.
- Negotiate contracts that provide year-over-year performance benefits.
- Identify and develop business cases for a healthy year-over-year cost reduction pipeline with suppliers through lean, should costing, process improvement, tier 2 strategies, and yield improvements.
- Perform market analysis to identify the best cost country sourcing of category, guide technical sourcing and engineering with supplier innovations, and proactively develop forward buy agreements where appropriate.
- Manage Molding suppliers' relationships and drive year-over-year performance improvements with quality, delivery, and costs. Lead regular business reviews with Molding Suppliers.
- Rationalize existing supplier base through stratification, market analysis, supplier development, and Supplier consolidation.
- Lead new and ongoing supplier audit activities to ensure the supply base has robust process controls and capabilities to meet existing and future Medtronic business requirements. Develop market & category risk reduction strategies in partnership with operating unit.
- Obtain and communicate information on the market condition and technology trends regarding commodities and suppliers. Implement appropriate business opportunities that drive value to the enterprise.
- Bachelor’s degree required
- Minimum of 7 years of relevant category management experience or advanced degree with a minimum of 5 years of relevant category management experience in a large, multi-divisional corporation.
- Minimum of 7 years of sourcing in Plastics -molding with strong negotiation experience.
- Strong history of continuous learning about the market, category, and economic/technological developments
- Knowledge of Injection molding process, Resin industries, and Molding technologies.
- Experience in cross-functional commodity teams.
- Master’s Degree and/or Business/Engineering Degree
- CPIM, CPSM Certification
- Knowledge of e-commerce initiatives
- Knowledge of FDA-regulated industries, preferably the medical device industry.
- Intermediate level of economics knowledge and expertise
- Experience in forming and maintaining strategic alliances.
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):$138,400.00 - $207,600.00
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).
About Medtronic
Medtronic benefits and compensation plans
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.
At Medtronic, most positions are posted on our career site for 3-7 days.
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