about 8 hours ago

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Category Manager - IT Services - Hybrid Fridley, Minnesota, United States of America

$110k - $165k

Medtronic

USRemote HybridEurope

We anticipate the application window for this opening will close on - 30 Jan 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

At Medtronic, we not only get the opportunity to manage indirect categories for the largest medical device company in the world, but we also get to experience the immense sense of purpose that comes from knowing that the money we save is reinvested into technology that helps alleviate pain, restore health and extend lives of millions of patients across the world.  The work we do supports the Medtronic Mission and it matters.

As the Category Manager-IT Services, you will be a key member of Medtronic’s center-led Indirect Supply Management (ISM) team responsible for managing and influencing ~$250M in IT Services spend. In this global role, you will partner with stakeholders across Functions, Regions and Businesses to drive value. Reporting to the Global Indirect Supply Management Leader for IT Services you will utilize your strong business acumen and prior sourcing experience to select the appropriate suppliers, negotiating complex contracts that will protect Medtronic’s interests.

The best candidate will possess an intrinsic drive to make a difference not only in the category of IT Services but for Medtronic overall and the patients we serve. The opportunities are limitless, and we are seeking a candidate who seeks out new opportunities every day to learn and make a difference.   The ideal candidate will be able to quickly build relationships, and work both independently and collaboratively with cross-functional stakeholders.

Our team culture is one where everyone is expected to “Lead from Every Seat.”  Regardless of level or title, everyone is encouraged to be bold, curious, accountable, proactively tackle challenges, and bring forward solutions. This is a hybrid role.

Responsibilities may include the following and other duties may be assigned.​

  • Create value across the entire portfolio of ~$250M of IT Services spend
  • Work independently to build strategic relationships with internal stakeholders and suppliers
  • Develop and implement sourcing strategies that result in a sustainable competitive advantage for Medtronic
  • Lead supplier relationship management activities and strategic supplier programs with IT Services partners, in collaboration with IT Vendor Management Office
  • Achieve year-on-year value improvement targets for all aspects of service, innovation, and cost
  • Lead RF(x) events to drive competitive pressure and ensure maximum value is realized
  • Lead strategic contract negotiations for large-scale engagements with sophisticated external partners
  • Engage and influence multiple stakeholders to adopt and implement strategies developed by the category team; Medtronic is a highly matrixed organization and having the ability to influence and leverage the matrix is a key requirement
  • Interact and partner with IT, Legal, and other key stakeholder groups
  • Recommend solutions to business problems and/or identify opportunities for improvement, and present ideas to leadership
  • Advise internal stakeholders with a balanced view of contract risk and liabilities and advocate for their interests
  • Gather market intelligence and industry trends; ability to use market benchmarking to justify and rationalize deal terms to Medtronic cross-functional teams / leadership
  • Recommend solutions to business problems and identify opportunities for improvement
  • Educate and train stakeholders on key indirect supply management initiatives and policies
  • Work alongside experienced and motivated colleagues who are collaborative, creative and know how to have fun.

Must Have: Minimum Requirements

  • Bachelors degree required
  • Minimum of 5 years of relevant experience, or advanced degree with a minimum of 3 years of relevant experience


Nice to Have

  • Bachelor’s degree, any major; we’re looking for critical thinkers and we recognize that that skill is developed from many diverse educational experiences
  • Minimum 5 years of experience in Sourcing, Supply Management, Procurement, Category Management, Finance, IT / Shared Services or any functional experience that developed analytical skills and commercial acumen
  • Ability to partner and influence senior leadership
  • Demonstrated leadership, customer service, problem-solving, communication, negotiation, judgment, and organizational skills
  • Excellent written and verbal communication with strong program management skills
  • Experience influencing and leading internal teams and external suppliers to deliver results
  • Aptitude to prioritize and juggle many high-visibility projects at the same time
  • Ability to manage and influence stakeholders
  • Indirect sourcing experience (IT Services, Professional Services, Financial Services, Legal Services)
  • Experience working in a large global organization
  • Experience reviewing and drafting legal agreements

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):$110,400.00 - $165,600.00

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 90,000+ 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.