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Sr. Category Manager-Contract Manufacturing
2 months ago
We are seeking a highly skilled and experienced Sr. Category Manager to join our Global Sourcing team at Medtronic. As a key member of our team, you will be responsible for developing and executing category strategies to drive cost reduction, quality improvement, and supplier performance.
Key Responsibilities- Manage a portfolio of contract manufacturers to ensure delivery of high-quality products, on-time delivery, and cost reduction initiatives.
- Develop and execute category strategies to drive business growth, improve supplier performance, and reduce costs.
- Collaborate with cross-functional teams, including operations, engineering, and procurement, to ensure alignment and effective execution of category strategies.
- Conduct market analysis and provide insights to support network optimization opportunities.
- Negotiate contracts with suppliers to ensure year-over-year performance benefits.
- Identify and develop business cases for cost reduction initiatives and implement process improvements to drive efficiency.
- Manage contract manufacturers' relationships and drive year-over-year performance improvements with quality, delivery, and costs.
- Rationalize existing supplier base through stratification, market analysis, supplier development, and contract manufacturer 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.
- Bachelor's degree required; minimum of 7 years of relevant experience or advanced degree with a minimum of 5 years of relevant experience in a large, multi-divisional corporation.
- Minimum of 7 years of sourcing experience in Contract Manufacturing with strong negotiation experience.
- Strong history of continuous learning about the market, category, and economic/technological developments.
- Experience engaging with contract manufacturing sites and operations.
- Knowledge of contract manufacturing, outsourcing, and electronics market & industry.
- 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.
Medtronic offers a competitive salary and flexible benefits package. We recognize the contributions of our employees and share in their success. Our benefits and compensation plans are 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).