Hybrid Principal Sourcing Engineer – Global Supplier Optimization

Posted last month

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About the role

  • Principal Sourcing Engineer leveraging strong track record in supplier optimization and project management at Medtronic. Focus on delivering strategic decisions and managing business risks while enhancing supplier capabilities.

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.
  • 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.
  • Lead supplier engagement programs focused on innovation, cost efficiency, and optimizing supplier processes using Lean Six Sigma methodologies.
  • 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.

Requirements

  • 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)

Job title

Principal Sourcing Engineer – Global Supplier Optimization

Job type

Experience level

Lead

Salary

$128,000 - $192,000 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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