Industrial Engineer II (Finance)

We anticipate the application window for this opening will close on - 29 Nov 2024

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 Role will be the OpEx point of contact for two small sites located in Plymouth, MN. The focus will be to partner with site leadership to drive improvement across the Value Streams.

Deploy Medtronic Performance System across site including Strategy Excellence, Value Stream Excellence, Innovation Excellence, Quality Excellence, Improvement Excellence, Maintenance Excellence, Continuous Skills Development, Zero Loss and EHS Performance System.

Technical expert in DMAIC methodology driving Lean Manufacturing tools and principles including set-up reduction, standardized work, value stream mapping, Heijunka and A3 thinking, has general knowledge of other related disciplines.

Develop and maintain Value Stream Maps and facilitate Kaizen events across the Value Stream.

Delivers DMAIC, Six-Sigma and Lean Manufacturing training & Coaching.

Perform time studies, ergonomic/safety assessments, process flow analysis, line balancing, and productivity evaluations for all production areas and implement identified improvements as part of standard work.

Support the identification and implementation of Programmatic Savings initiatives.

Establish, maintain, and improve labor standards, line layouts, and related costs to provide information for management decisions.

Perform financial analysis for capital equipment purchases, product cost reduction projects, and quality initiatives, and provide recommendations.

Develop and maintain capacity models for all plant products and processes.

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

• Analyzes and designs sequence of operations and work flow to improve efficiencies in plant and production facilities and equipment layouts; and establishes methods for maximum utilization of production facilities and personnel.
• May establish or assist in establishing accident prevention measures and may manage training programs for personnel concerning all phases of production operations.
• Conducts studies pertaining to cost control, cost reduction, inventory control, and production record systems.
• On the basis of these studies, develops and implements plans and programs for facility modifications and revisions to operating methods.
• May assist facilities engineers in the planning and design of facilities.

Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. • 214.2(h)( 4)(iii)(A) and minimum of 2 years of relevant experience, or advanced degree with 0 years of experience.

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):$76,000.00 - $114,000.00

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).

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.