Materials Planner - Hybrid (Finance)

We anticipate the application window for this opening will close on - 20 May 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
A career at Medtronic is like no other. We're purposeful. We're committed. And we're driven by our Mission to alleviate pain, restore health and extend life for millions of people worldwide. Join us as a valued team member at our Manufacturing site in Eatontown, NJ. We look for accountable leaders who have a clear vision of where we are going and how to get there, bold inclusive thinkers who create new ideas and bring our best solutions forward to benefit our patients, business partners, and customers. Bring your talents to an industry leader in medical technology and healthcare solutions - we're a market leader and growing every day. You can be proud to be a part of technologies that are rooted in our long history of mission-driven innovation. You will be empowered to shape your own career. We encourage and support your growth with the training, mentorship, and guidance you need to own your future success. Together, we can transform healthcare.
We are currently looking for a Materials Planner. This position will be responsible for purchases of components and raw materials to be used in the manufacture of medical devices.

The ideal candidate will have a passion for the patients we serve and an unrelenting desire to improve our business and products. The candidate must have a passion for manufacturing operations, a strong continuous improvement foundation, problem solving skills, interpersonal skills, and be able to work in a high-paced team-oriented environment.
This is an open position based in the Eatontown Site, part of the East Manufacturing Region. This site supports Cranial and Spinal Technologies, a fast paced growing business that delivers lifesaving and life sustaining products to millions of patients each year.
Responsibilities may include the following and other duties may be assigned.

• Sources, purchases, plans, and schedules the movement of raw materials, packaging materials, parts, components, services, supplies, finished goods, and related material through production and inventory process.
• Identifies raw material, component, and related requirements from engineering for material specifications and production schedules.
• In front-end procurement mode, analyzes data and determines factors that affect prices and determines lowest cost consistent with quality, reliability, and ability to meet required schedules.
• Coordinates and follows up with production, warehouse, and engineering personnel to ensure appropriate procurement, scheduling, and movement of materials and services.
• Compiles information to keep informed on price trends and manufacturing processes.
• May monitor performance of suppliers and collaborate on demand/supply analysis planning.
• Maintains MRP as per the production schedules, lead times and safety stock level requirements for optimal inventory.
• Manages Purchase Requisitions in SAP and obtains approvals prior to communicating the orders to suppliers.
• Provides technical assistance to ensure accurate master data in Agile and SAP
• Collaborate with accounts payable to ensure product receipts and invoice processing are consistent with the vendor terms
• Acts as point of contact between suppliers and Medtronic and schedules SIOP meetings for forecast alignment.

Must Have: Minimum Requirements

• Bachelor's degree required
• Minimum of 2 years of relevant experience required, or advanced degree with 0 years of experience

Nice to Have

• Proficiency in Microsoft Office applications (specifically, Excel).
• Knowledge of Ariba solutions/services.
• Understanding of Procurement processes and Buyer/Supplier interfaces in Ariba.
• Experience working with SAP, Agile and Blue yonder
• APICS, CSCP, CPIM, ISM, CPSM, or CPSD certification preferred.
• Experience with sourcing and/or supplier management for products or services within an FDA-regulated medical device, biotechnology, or pharmaceutical industry is a strong plus.
• Strong communication skills (verbal/written) and internal/external partnering skills.
• The ability to negotiate with suppliers to reach agreement on optimal contract terms, pricing and conditions.
• Strong working knowledge of contract documentation, interpretation, and strategic sourcing processes and trends.
• Excellent organizational skills, strong quantitative skills, independent thinking, and a high level of initiative.
• Proven ability to manage multiple projects simultaneously and deliver to project milestones.
• Requires exceptionally sound judgment, decision making abilities, proven management skills, and ability to influence others across the company.
• Ability to work well independently and as a member of a team is essential for success.
• Ability to quickly establish credibility and earns trust of others at all levels of the organization

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):$63,200.00 - $94,800.00

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.