Principal Supply Chain Analyst

Principal Supply Chain Analyst

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.

Join a diverse team of innovators who bring their worldview, their unique backgrounds, and their individual life experiences to work every day. It's no accident - we work hard to cultivate a workforce that reflects our patients and partners. We believe it's the only way to drive healthcare forward and remain a global leader in medical technology and solutions.

As the Principal Supply Chain Analyst, you will lead inventory management strategies across multiple business units, partnering with cross-functional teams in supply chain, finance, and operations. You will leverage data analytics to identify improvement opportunities, drive action, and optimize inventory levels while balancing service and cost objectives. This role involves implementing processes to minimize waste, streamline operations, and ensure compliance with corporate and regulatory standards. You will also present strategic recommendations and foster a culture of continuous improvement and accountability across the organization.

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.

As the Principal Supply Chain Analyst, you will :

• Serve as the main POC for inventory for Business Unit stakeholders, working with cross functional leaders and stakeholders in Supply Chain Planning, Business Unit Operations Leaders, Finance, and Supply Chain COEs.
• Partner with a team of cross-functional stakeholders focused on End-to-End inventory optimization and waste minimization for multiple Business Units.
• Utilize data analytics and reporting tools to track inventory performance metrics in order to identify and provide insights on improvement opportunities. Take those insights and influence cross functional partnerships to action those opportunities.
• Work closely with supply chain, sales, operations, and finance teams to align inventory strategies with business objectives including annual operating plan (AOP) development.
• Present strategic recommendations to drive long-term improvements in inventory management.
• Foster a culture of continuous improvement, innovation, and accountability across cross-functional stakeholders.
• Lead initiatives to streamline inventory processes and reduce overall costs.
• Develop and execute strategies to optimize inventory levels while ensuring service level targets are met.
• Implement and monitor inventory control policies to prevent overstocking and stockouts.
• Monitor, review, and adjust safety stock levels to balance service and inventory. Assess business requirements and inventory impacts for strategic stock placements.
• Establish processes to reduce scrap, obsolescence, and losses across finished goods inventory.
• Conduct regular inventory reviews to identify and address inefficiencies and waste.
• Partner with IT and Data & Analytics teams to enhance inventory management systems and reporting capabilities.
• Ensure all inventory practices comply with regulatory requirements and corporate policies.
• Stay informed about industry best practices and emerging technologies to enhance inventory management.

Must Haves

Nice to Have

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) : $101,600.00 - $152,400.00

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).

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.

We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That's who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will...

These commitments set our team apart from the rest :