Medtronic · 1 month ago
Principal Sourcing Engineer - Global Supplier Optimization
North Haven, Connecticut, United States of America
Full-time
Onsite
Senior Level, Lead/Staff
$128K/yr - $192K/yr
7+ years expMedtronic is a global leader in healthcare technology committed to addressing challenging health problems. As a Principal Sourcing Engineer, you will lead cross-functional projects focused on supplier optimization and operational excellence, utilizing Lean Six Sigma methodologies to drive continuous improvement and enhance supplier capabilities.
Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical Device
Responsibilities
Develop and manage comprehensive business cases, including project plans, major deliverables, milestones, and financial calculations, covering capital, direct, and labor expenses
Support the Supply Management team in identifying and executing cost-saving opportunities across key initiatives such as manufacturing transfers, Advanced Sourcing ideation program, VA/VE, and Value Stream Improvement, leveraging Lean-Sigma tools and PMP best practices to drive current and future cost savings pipelines
Lead and provide direction to cross-functional teams on project transfers, ensuring commitments are met through effective organization, leadership, stakeholder engagement, risk management, issue resolution, and execution
Develop and communicate project strategies, including budget development, detailed scheduling, and KPI tracking. Contribute to establishing objectives, timelines, milestones, and budgets
Establish and manage a structured reporting framework to track and communicate project progress to stakeholders and management teams
Utilize project management tools and risk management techniques to enhance project planning and execution rigor
Develop and oversee Supplier Excellence programs, including performance monitoring, capability improvement initiatives, and strategic partnerships to strengthen supply chain resilience and quality. Evaluate supplier performance using Lean Six Sigma tools and key metrics such as on-time delivery, quality, cost, and lead time
Collaborate with suppliers to assess capabilities, drive continuous improvement, and implement supplier development initiatives, mapping processes, and recommending solutions for performance enhancement
Lead supplier engagement programs focused on innovation, cost efficiency, and optimizing supplier processes using Lean Six Sigma methodologies, driving quality consistency, cost savings, and improved efficiency
Cultivate strong supplier relationships and instill a culture of continuous improvement, advancing quality, cost, and delivery over time
Work with suppliers to implement best-in-class manufacturing and quality control processes, ensuring compliance with industry standards and regulations
Champion continuous improvement programs within the supplier base, fostering collaboration, innovation, and alignment with organizational goals
Qualification
Required
Bachelor's degree with a minimum of 7 years of relevant product, process manufacturing, supply chain, and/or quality engineering experience, or an advanced degree with a minimum of 5 years of relevant product, process manufacturing, supply chain, and/or quality engineering experience
7+ years of experience in product, process manufacturing, supply chain, and/or quality engineering, leading cross-functional projects
Proven track record in successfully delivering large and complex product and/or supplier transfer projects on time, within budget, and a regulated environment
Strong understanding of supplier quality management, risk mitigation strategies, and supplier capability development
Lean and/or Six Sigma Black Belt certification
PMP certification
Experience in medical device technology
Experience managing multidisciplinary project teams across different sites and geographies
Experience in designing, implementing, and managing Supplier Excellence programs, including performance metrics, scorecards, and supplier development initiatives
Broad knowledge of medical device development processes compliant with QSR and ISO 13485
Proficient in Microsoft Project for developing schedules, allocating resources, and establishing program budgets
Experience implementing supplier performance metrics, scorecards, and continuous improvement programs
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 and Chairman Of The Board Of Directors
Linnea Burman
SVP & President, Neurovascular
Recent News
2026-01-13
2026-01-13
Company data provided by crunchbase