Medtronic · 3 weeks ago
Cost Excellence Program Manager- Packaging & Specialty Materials
Minneapolis, Minnesota, United States of America
Full-time
Onsite
Mid, Senior Level
$110K/yr - $166K/yr
3+ years expMedtronic is a leader in medical technology and healthcare solutions, dedicated to championing healthcare access and equity. The Cost Excellence Program Manager will develop and execute cost management strategies for significant annual spend, collaborating with various stakeholders to identify and evaluate savings opportunities.
Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical Device
Responsibilities
Develop and execute a comprehensive cost management strategy for $850M of annual spend
Support category management with strategy development
Create year-over-year targeted material cost strategies for strategic suppliers
Lead and participate in cross-functional ideation events to identify savings opportunities
Collaborate to develop and review project business cases
Partner with Stakeholders across Category Management, Supplier Optimization, Divisional Packaging, Ops Sourcing, Manufacturing, and other organizations to generate & evaluate programmatic savings ideas
Prioritize and bundle a pipeline of opportunities to ensure balanced delivery across savings levers for sustainable success and help Medtronic reach its margin expansion goals
Track key performance indicators (KPIs) and present updates to senior leadership
Create & improve business processes, systems, & tools; deploying solutions across team and partner functions
Qualification
Required
Bachelor's degree and 5 years' strategic business or sourcing support experience, or a master's degree with 3 years of strategic business or sourcing support experience
Preferred
Ability to manage priorities across a diverse portfolio of products and spend
Experience with supplier bid analysis, supplier selection for medical devices, or make vs buy analysis
Understanding of primary, secondary, and tertiary packaging
Understanding of specialty chemicals
Proficiency in analytics, particularly with Power BI and Planisware
High degree of business acumen and financial insight
Experience leading cost savings to achieve measurable savings goals
Ability to collaborate effectively across teams and influence stakeholders
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)
Company
Medtronic
Medtronic is a healthcare technology company that designs and develops AI-based products and solutions for the medical industry.
10001+ employees
H1B Sponsorship
Medtronic has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (349)
2024 (387)
2023 (291)
2022 (310)
2021 (300)
2020 (261)
Funding
Current Stage
Public CompanyTotal Funding
$18.16BKey Investors
NHS EnglandBlackstone Life SciencesTrade Capital Funding
2025-09-15Post Ipo Debt· $1.76B
2024-05-29Post Ipo Debt· $3.24B
2023-03-23Post Ipo Debt· $2B
Leadership Team
Geoffrey Martha
CEO
Linnea Burman
SVP & President, Neurovascular
Recent News
2026-01-07
Company data provided by crunchbase