We anticipate the application window for this opening will close on - 2 Jun 2025

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

Are you looking to drive strategic cost improvement initiatives for the leader in the Medical Technology industry? As a core member of the Value Analysis/Value Engineering team supporting Strategy and Technology, you will have responsibility for leading margin expansion programs that drive cost improvements across the network of Medtronic manufacturing plants around the globe. You will work closely with Product Engineers and Sites/Platforms to deliver on an achievable cost savings roadmap over a 5-year horizon. You will be at the forefront of Medtronic’s Mission to Alleviate Pain, Restore Health, and Extend Life by improving our capability to deliver life-saving products and support new product innovation.

This role can be based at any Medtronic location within North America

• Leads or leverages cross functional teams to execute projects to deliver margin expansion opportunities

• Organizes and leads critical stakeholder meetings to move project ideas from Feasibility to Execution

• Works closely with team members to ensure adherence to VAVE governance process; may own a portion of the governance process and associated deliverables

• Develops and deploys change management across sites and teams to ensure adherence to standards and processes

• Manages process to ensure best practices are implemented in developing project schedule and required resources across different classifications of products

• Responsible for development of project requirements

• Responsible for up-to-date data in Planisware for budget, schedule, savings and status and primary contact for finance partners to address spend and savings capturing

• Interfaces extensively with other Medtronic business partners to gain alignment on project execution and overcoming roadblocks

• Facilitates regular team meetings and stakeholder management meetings

• Provides detailed meeting notes and next steps for programs

• Determines the most appropriate technologies, tools, methodologies, and materials

• required to support cost-down projects

• Maintains and shares technical expertise within functional area and within industry

• Works within Microsoft software suite

• May assist Ideation managers in organizing VAVE events across all platforms

• May creates business cases for projects and prepares initial project plan with estimated costs & savings

• Some travel may be required

Must Haves

Bachelor’s degree and 5+ years of Business Process, Engineering Program Management and/or Project Management experience OR advanced degree and 3+ years of experience

Nice to Have

• Medical Device industry experience

• Advanced degree

• PMP Certification

• Degree in Engineering

• Financial management skills

• Demonstrated strong business acumen and planning experience

• Strong communication skills -written, verbal, listening (with all levels of the

• organization)

• Strong problem-solving skills

• Ability to influence business leaders and individual contributors

Physical Job Requirements

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):$115,200.00 - $172,800.00This 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).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: 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).

The following benefits and additional compensation are available to all regular employees: 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).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

About Medtronic

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 95,000+ 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.