Principal Sourcing Engineer

Medtronic•Cherry Hill, MA

2d•Onsite

About The Position

Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact. Join our Global Supplier Optimization team as a Principal Sourcing Engineer, where you utilize your strong track record of delivering results in a matrixed organization, where collaboration with diverse individuals, teams, and skill sets is essential for success. As the Principal Sourcing Engineer, you will lead, direct, plan, and execute cross-functional projects, focusing on driving strategic decisions, managing business risks, applying technical rigor, and ensuring effective communication. You will lead the execution of supplier transfer projects on schedule and within budget while enhancing supplier capabilities and driving operational excellence. In this critical role, you will implement comprehensive operational strategies to achieve process capability through Six Sigma methodologies, collaborating with our suppliers to ensure value stream stability, optimize lead times, and eliminate waste. Additionally, you will lead supplier optimization initiatives, driving robust supply chain resilience, cost reduction, and continuous quality improvement. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. This position will be onsite, based at a Medtronic site in: Danvers, MA Mounds View, MN (Twin Cities Campus) Boulder, CO (Colorado Campus) Irvine, CA As a Principal Sourcing Engineer, you will utilize Lean Six Sigma tools to work as a strategic problem solver with deep expertise in process improvement methodologies, supplier management, project leadership, and data analysis. You will establish and maintain strong cross functional collaboration with R&D, Category Management, Supply Chain, Operations Sourcing, OpEx and corporate initiatives and leadership. Ensuring projects are on time, on budget and deliver measurable results. At Medtronic, we must work with a sense of purpose and ownership, knowing there is a human life on the other side of every decision.

Requirements

Bachelors degree and minimum of 7 years of relevant experience in plastics processing and supplier qualification OR Master's degree with a minimum of 5 years relevant experience in plastics processing and supplier qualification OR PhD with 3 years relevant experience in plastics processing and supplier qualification.
For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Nice To Haves

Extensive experience leading projects/programs including financial accountability including strong preference for PMP certification.
Prior experience managing site to site transfer projects in a manufacturing environment.
Effective planning and organization skills including the proven ability to work against multiple objectives simultaneously.
Excellent knowledge of systems including PowerPoint, MS Project.
Ability to establish and maintain a trusted role with the various stakeholders in coordinating multiple functions across the organization.
Supplier Quality experience.
Injection Molding knowledge.
Working knowledge of Extrusions

Responsibilities

Manage one or more developed or mature supplier transfer projects with well-defined plans and delivery methodologies.
Accountable for overall project progress, performance, and customer satisfaction.
Lead cross functional teams including design, operations, category management, contract manufacturers/OEM, supplier quality, to ensure successful completion of projects and business goals.
Develop, communicate, and document transfer project strategies and plans including budget, detailed schedule creation/maintenance, KPIs.
Provides input to establishing program objectives, timelines, milestones and budgets.
Ensure projects remain aligned with the project plan by addressing any resource conflicts and addressing problems as they emerge.
Facilitate project team meetings; prepare agenda, facilitate discussion during meeting, take and distribute meeting minutes.
Track spending associated to project.
Provide monthly forecasts on upcoming spending.
Forecast resource and skill set needs for the project and participate in resourcing discussions/negotiation.
Demonstrated business acumen and successful experience managing all aspects of programs, including communicating with stakeholders and directing matrixed teams and resources.
Product/Process technical expertise include reviewing and ensure adequacy of supplier part Qualifications activities (i.e. Validation including IQ, OQ, PQ activities;).
Proficient in structured problem-solving techniques.
Execute and support phase in – phase out (PIPO) planning for assigned transfer projects.
Conduct supplier design reviews to identify and mitigate test coverage gaps and address quality and manufacturability defect points.
Establish a measurement and reporting framework to review and report project progress with key stakeholders and management teams.
Use appropriate project management tools, communicate plans and risk management techniques to create rigor in project planning and execution.

Benefits

Health, Dental and vision insurance
Health Savings Account
Healthcare Flexible Spending Account
Life insurance
Long-term disability leave
Dependent daycare spending account
Tuition assistance/reimbursement
Simple Steps (global well-being program)
Incentive plans
401(k) plan plus employer contribution and match
Short-term disability
Paid time off
Paid holidays
Employee Stock Purchase Plan
Employee Assistance Program
Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)