Principal Sourcing Engineer

We anticipate the application window for this opening will close on - 25 Apr 2025

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.

A Day in the Life
As a Principal Sourcing Engineer, you will be a key member of the Diverse, Inclusive, and Global Supplier Optimization team. We seek leaders with a strong track record of delivering results in a matrixed organization, where collaboration with diverse individuals, teams, and skill sets is essential for success. The Principal Sourcing Engineer will lead, direct, plan, and execute cross-functional projects, with a focus on driving strategic decisions, managing business risks, applying technical rigor, and ensuring effective communication. The role is responsible for executing supplier transfer projects on schedule and within budget while enhancing supplier capabilities and driving operational excellence.
This critical role will implement comprehensive operational strategies aimed at achieving process capability through Six Sigma methodologies in collaboration with our suppliers. The focus will be on ensuring value stream stability, optimizing lead times, and eliminating waste. Additionally, the Principal Sourcing Engineer will lead supplier optimization initiatives, driving robust supply chain resilience, cost reduction, and continuous quality improvement.
As a Principal Sourcing Engineer, you will utilize Lean Six Sigma tools to work as strategic problem solver with deep expertise in process improvement methodologies, supplier management, project leadership, and data analysis. They should possess strong communication skills and be capable of driving sustainable performance improvements within the supplier base while fostering a collaborative, continuous improvement culture.
Impact patient outcomes. Come for a job, stay for a career.

• 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. Leverage 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 to optimize 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

Must Haves

Bachelor's degree and 7+ years of product, process manufacturing, supply chain, and/or quality engineering experience OR advanced degree and 5+ years of experience

Nice to Have

• Degree in Engineering
• Experience leading projects
• PMP certification
• Proven track record in successfully delivering large and complex product and/or supplier transfer projects on time, within budget, and within a regulated environment
• Lean and/or Six Sigma Black Belt Certification
• Experience in medical device technology
• Experience managing multidisciplinary teams across different sites and geographies
• Strong understanding of supplier quality management, risk mitigation strategies, and supplier capability development
• 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

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):$124,800.00 - $187,200.00

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.

Learn more about our business, mission, and our commitment to diversity here.

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.