We anticipate the application window for this opening will close on - 26 Mar 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

We are seeking a Principal analyst at our Distribution center who will be responsible for inbound volume forecasting, distribution center space utilization, warehouse slotting, product flow optimization, and distribution throughput improvements. The ideal candidate will have a strong background in capacity planning, supply chain management, logistics, data analysis and process standardization/optimization, applying machine learning principles to improve slotting strategies with a proven track record of driving efficiency and productivity in a fast-paced distribution framework.

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

• Inbound volume forecasting: Analyze historical data, market trends, sales fluctuations, new product introductions to develop forecasting models to predict resource requirements (space and equipment).
• DC space utilization: Collaborate with onsite teams and implement strategies to optimize the space utilization, efficient slotting of inbound inventory and minimize handling time. Develop and implement models to optimize warehouse slotting strategies, considering multiple variables like product velocity, product size, turnover rates, and storage requirements.
• Product flow optimization: Design and implement methodologies to streamline the flow of products through the distribution center from receiving to shipping, minimizing bottlenecks.
• DC throughput improvements: Analyze current throughput metrics and identify opportunities for improvement in receiving, picking, packing and shipping. Work with onsite cross functional teams to develop, automate and ideate process improvements aligned with MPS (Medtronic Performance System) objectives (e.g., - A3 problem-solving, Kaizen events, Value Stream Mapping, DMAIC methodologies).

Key Performance Indicators:

• DC space utilization rates
• Accuracy of inbound volume forecasts
• Cost metrics
• Throughput improvements (e.g., orders processed per hour, shipping accuracy)
• Review Leading and Lagging metrics

Minimum Requirements:

• Bachelors Degree Required
• Minimum of 7 years of relevant experience or an advanced degree with a minimum of 5 years of relevant experience.

Preferred Qualifications:

• Bachelor's degree in Industrial Engineering, Logistics, Operations Management or a related field.
• Minimum of 5 years’ experience in operations management, preferably in a distribution environment.
• Strong analytical skills with proficiency in MS Office Suite and data visualization tools (e.g., PowerBI)
• Experience with Warehouse Management Systems (SAP WMS).
• Knowledge of Lean and Six Sigma principles.
• Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels.   
• Experience with automation and robotics in warehouse environments is preferred.

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):$97,600 - $146,400