Strategic Sourcing Analyst

A Day in the LifeIn this role, you will partner closely with Category Managers to deliver high-impact analytics that inform sourcing strategies, strengthen supplier negotiations, and identify cost optimization opportunities. You will translate complex data into clear, actionable insights while advancing sourcing tools, processes, and data governance standards. Success in this role requires strong analytical capability, intellectual curiosity, and the ability to collaborate cross-functionally to ensure accurate, consistent data that enables strategic decision-making. Responsibilities may include, but are not limited to: Partner with Category Managers to develop and deliver analytics that shape sourcing strategies and drive business outcomes Lead cost analytics initiatives that translate should cost models, RFQ to identify and quantify potentially saving opportunities Translate complex datasets into clear, actionable insights that support sourcing decisions and supplier negotiations Establish and maintain standardized data definitions, governance practices, and reporting methodologies to ensure consistency and accuracy Support strategic sourcing reviews, sourcing events, and cross-functional forums with real-time analytics and data-driven recommendations Own and continuously improve sourcing processes, reporting frameworks, and self-service tools for category teams and stakeholders Ensure data integrity through effective management, integration, and validation across multiple systems and platforms Partner with Category Managers to govern user-generated data, ensuring completeness, accuracy, and alignment to defined standards Minimum Requirements Bachelor's degree required Minimum of 2 years of relevant experience, or an advanced degree with 0 years of relevant experience Nice to Have Working knowledge of supply management, supply chain, procurement, and quality processes Experience reconciling and validating data across multiple systems and sources Advanced proficiency in Microsoft Excel (e.g., complex formulas, Power Query, large dataset management) Demonstrated ability to analyze data and translate findings into actionable business insights Experience leveraging AI-enabled or advanced analytics tools to enhance sourcing and decision-making processes Strong project management skills with the ability to drive cross-functional initiatives Excellent written and verbal communication skills, with the ability to present insights to stakeholders at all organizational levels Onsite At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required. 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job. 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. U.S. Work Authorization & Sponsorship At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment. Join us in our mission to alleviate pain, restore health, and extend lifewhere your unique background and perspective are valued. Benefits & CompensationMedtronic 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):$64,800.00 - $97,200.00This 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: About MedtronicWe 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 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.