Hybrid Senior Vendor Management Program Manager – IT Strategic Partnerships

at Medtronic

• Job title: Senior Vendor Management Program Manager – IT Strategic Partnerships
• Job type: Full Time
• Experience level: Senior
• Salary: $156,000 - $234,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Mounds View, United States

About the role

• Senior Vendor Management Program Manager developing and executing IT strategic partnerships for Medtronic. Collaborating with Global IT leadership and top technology suppliers to drive innovative solutions.

Responsibilities

• Develops, manages, and continuously improves the strategic partnerships program.
• Able to create a strategy, structure, and templates for ongoing execution through the vendor management team and their suppliers
• Works collaboratively with Global IT leadership, internal customers, and our most impactful technology partners (~Top 30) to align strategy with execution
• Understands the relationship between governance and partnership and provides a framework for both.
• Serves as the architect and thought leader for VMO's supplier scorecard program, while building relationship capital, access, and advocacy with technology leaders and executive sponsors.
• Working with the vendor management team, creates and maintains relationship ladders and stakeholder maps with our leading technology suppliers.
• Able to use these relationships to map out priorities, influence outcomes, and ensure Medtronic's needs are met by our suppliers.
• Creates a pipeline of innovation by connecting Medtronic's expressed or unmet needs to partner capabilities, resources, and roadmaps.
• Enables the right level of conversation between the right people to find and develop innovative solutions, use cases, and forward-looking opportunities.
• Delivers measurable quality and performance gains year-over-year, through the creation and execution of scorecards, providing a forum for SLA/KPI review and improvement plans generated from quantitative and qualitative feedback.
• Delivers measurable financial value year-over-year, coming from the identification and execution of use cases which leverage new-to-Medtronic supplier capabilities in digital, AI, and automation, resulting in hard-dollar return on investment.

Requirements

• Bachelor’s degree
• 7+ years of experience with a bachelor’s degree or 5+ years of experience with an advanced degree
• Strongly Preferred: Bachelor's or advanced degree in a technical or business-related discipline
• 7+ years working in some combination of IT operations, procurement, or vendor management; where measuring, managing, and influencing supplier outcomes was a core part of the position
• 7+ years working with large, strategic IT suppliers, preferably across a variety of commodity areas, i.e. Hardware, Software, Network, and IT Services
• 7+ years creating and driving vendor strategy, aligning customer requirements with third-party services, delivering successful outcomes via internal and external teams
• Experience delivering programmatic vendor management and/or strategic programs at scale; comfortable working across a matrixed organization to create templates, standards, and program elements to be implemented by a global VMO and its stakeholders
• Strong written, oral, and interpersonal communication skills, specifically as it relates to working with internal and external teams to maintain effective relationships and long-term partnerships
• Ability to influence - both internally and externally - using an objective, data-driven approach to reach the right solution
• Strong presentation skills - in support of both monthly recurring reporting and ad hoc strategy and analysis that must be communicated to internal customers
• Intellectually curious and entrepreneurial - always looking for new approaches to problems, and new opportunities for improvement
• Optimistic and solution focused - brings a positive outlook to the team, with a belief that we can always find a better, faster, cheaper way to deliver vs. the status quo

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)