Strategic Sourcing Analyst

Medtronic • Minneapolis, MN

5d • Onsite

About The Position

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 In this role, you will partner closely with Category Managers to deliver high-impact analytics that inform sourcing strategies, strengthen supplier negotiations, and identify cost optimization opportunities. You will translate complex data into clear, actionable insights while advancing sourcing tools, processes, and data governance standards. Success in this role requires strong analytical capability, intellectual curiosity, and the ability to collaborate cross-functionally to ensure accurate, consistent data that enables strategic decision-making.

Requirements

• Bachelor’s degree required
• Minimum of 2 years of relevant experience, or an advanced degree with 0 years of relevant experience

Nice To Haves

• Working knowledge of supply management, supply chain, procurement, and quality processes
• Experience reconciling and validating data across multiple systems and sources
• Advanced proficiency in Microsoft Excel (e.g., complex formulas, Power Query, large dataset management)
• Demonstrated ability to analyze data and translate findings into actionable business insights
• Experience leveraging AI-enabled or advanced analytics tools to enhance sourcing and decision-making processes
• Strong project management skills with the ability to drive cross-functional initiatives
• Excellent written and verbal communication skills, with the ability to present insights to stakeholders at all organizational levels
• 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.

Responsibilities

• Partner with Category Managers to develop and deliver analytics that shape sourcing strategies and drive business outcomes
• Lead cost analytics initiatives that translate should cost models, RFQ to identify and quantify potentially saving opportunities
• Translate complex datasets into clear, actionable insights that support sourcing decisions and supplier negotiations
• Establish and maintain standardized data definitions, governance practices, and reporting methodologies to ensure consistency and accuracy
• Support strategic sourcing reviews, sourcing events, and cross-functional forums with real-time analytics and data-driven recommendations
• Own and continuously improve sourcing processes, reporting frameworks, and self-service tools for category teams and stakeholders
• Ensure data integrity through effective management, integration, and validation across multiple systems and platforms
• Partner with Category Managers to govern user-generated data, ensuring completeness, accuracy, and alignment to defined standards

Benefits

• Medtronic offers a competitive Salary and flexible Benefits Package
• We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
• 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, and 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), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees