Product Lifecycle Manager - NMPH - Rice Creek, MN (onsite/hybrid) at Medtronic in Fridley, Minnesota

Job Description:

We anticipate the application window for this opening will close on - 10 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
This position is responsible for managing activities required to define, plan, manage and execute post-market product lifecycle management. The Product Lifecycle Manager will work both cross-functionally across the OU functions it serves and between sibling OUs to ensure our products meet OU defined needs over their effective commercial lives. The Product Lifecycle Manager requires cross-functional knowledge and comprehensive business management skills, providing direction and leadership to cross-functional development, manufacturing, quality, and commercial teams related to Product Lifecycle Management (PLM). This includes teammates from the following disciplines: finance, product development, regulatory affairs, quality, operations, product planning and product marketing.
POSITION RESPONSIBILITIES:

• Create strategy
  
  
  
  • Develop, implement, and maintain portfolio product lifecycle sustainment plans. This will require integrating with key functional partners involved with the management of product from New Product Introduction (NPI) through product obsolescence.
  
  
  • Influence future strategy of product commercialization and obsolescence plans.
  
  
  • Serve as a focal point for continuity/lifecycle issue identification and resolution.
  
  
  • Responsible for integrating product quality issues into over PLM and serving as an information conduit on issues related to quality between internal OU stakeholders.
  
  
  
  


• Realize strategy through influence and actions
  
  
  
  • Identify and advocate for projects and funding necessary to maintain a healthy commercial product portfolio.
  
  
  • Align Operating Unit functions on planning, execution, budget management, and issue management in alignment with product lifecycle sustainment plans.
  
  
  • As products are developed as platforms, work across Operating Units core teams and with outside partners to ensure the product meets the needs of multiple business units in alignment with the product lifecycle sustaining plan(s).
  
  
  • Partner with OU Integrated Business Planning (IBP) teams to ensure product lifecycle management has a clear voice in the ongoing IBP process. This will include early integration of clear input and output process which will drive the short- and longer-term objectives of the OU.
  
  
  • Influence product portfolio budget, resources, and schedule to maintain portfolio.
  
  
  • Liaison with NPI teams to ensure close integration of strategic plans with ongoing product lifecycle sustainment plans.
  
  
  
  


• Monitor execution
  
  
  
  • Monitor execution progress toward established objectives, assess risk, and implement strategies to ensure successful delivery of the product portfolio.
  
  
  • Manage project portfolio spend within financial plans.
  
  
  
  


• Communicate effectively
  
  
  
  • Maintain effective communication with the Operating Unit leadership team, team members and functional leadership (Functional VPs and Directors) in all activities required to design, develop, and deliver the product successfully.
  
  
  • Effectively communicate on a regular basis vertically and horizontally demonstrating maturing accountability for functional and business objectives.
  
  
  • Maintaining clear and open communications including internal and external stakeholders with a focus on product availability, continuity, and quality.
  
  
  • Develop and maintain process(es) for total product portfolio health communication, review and governance which will be developed to serve a broad set of stakeholders ranging from project teams through OU Senior Leadership.
  
  
  • Develop and maintain an operating mechanism aligned with new product introduction product development process to ensure product lifecycle management inputs are a source at project / product inception and an output as new products approved for commercial release.
  
  
  
  

BASIC QUALIFICATIONS:

• Bachelors degree required with minimum of 5 years of experience


• or Advance degree with minimum of 3 years of experience

DESIRED/PREFERRED QUALIFICATIONS:

• B.S. in engineering or science discipline.


• MBA or advanced degree.


• 5+ years' experience working in medical device (highly regulated) environment.


• 5+ years' experience working in one or more of the following functional areas: Instrument Engineering, Healthcare IT, Clinical Research, Regulatory, Marketing, Operations, and/or Quality.


• 5+ years of Medical Device Product Development experience.


• Experience with business systems such as SAP, JD Edwards, and Product Data Management (Enovia, MRCS, Agile).


• Project Management Professional (PMP) or similar certification


• Demonstrated strong business acumen and planning.


• 5+ years' experience managing projects.


• Demonstrated excellent downward, lateral, and upward communication skills (oral/presentation and written).


• Demonstrated strong interpersonal, quantitative analysis, and problem-solving skills.


• Demonstrated high degree of initiative and influence management skills.


• Demonstrated track record of successfully leading projects to completion.

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):$132,000.00 - $198,000.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

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.