Product Lifecycle Manager - NMPH - Rice Creek, MN (onsite/hybrid)
Medtronic - Fridley, MN
posted 16 days ago
About the position
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. 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.
Responsibilities
- Create strategy
- Develop, implement, and maintain portfolio product lifecycle sustainment plans.
- Influence future strategy of product commercialization and obsolescence plans.
- Serve as a focal point for continuity/lifecycle issue identification and resolution.
- Integrate product quality issues into PLM and serve as an information conduit on issues related to quality.
- 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.
- Work across Operating Units core teams and with outside partners to ensure product meets the needs of multiple business units.
- Partner with OU Integrated Business Planning (IBP) teams to ensure product lifecycle management has a clear voice in the ongoing IBP process.
- 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 progress toward established objectives, assess risk, and implement strategies.
- Manage project portfolio spend within financial plans.
- Maintain effective communication with the Operating Unit leadership team and functional leadership.
- Develop and maintain process(es) for total product portfolio health communication, review and governance.
- Develop and maintain an operating mechanism aligned with new product introduction product development process.
Requirements
- Bachelors degree required with minimum of 5 years of experience or Advance degree with minimum of 3 years of experience.
Nice-to-haves
- 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.
- 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.
Benefits
- Competitive Salary and flexible Benefits Package
- 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
- Simple Steps (global well-being program)
- 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
- Capital Accumulation Plan
