MEMedtronic
Senior Advanced Analytics Analyst
Mumbai City ₹6-10 LPA Posted 24 Jun 2025
FULL TIME
Packaging
Value Analysis
Sql
Manufacturing Process
Healthcare
+5 more
Job Description
A Day in the Life
- Attend daily team meetings and weekly tier management meetings
- Maintain individual service level by delivering timely should cost models to customer
- Clear communication skills to lead scoping calls, project updates and results directly with customers - typically category managers or sourcing engineers.
- Be able to recommend strategies to close gap-to-target with customers on major cost drivers.
- May act as a mentor to colleagues or may direct the work of other lower level professionals
- Delivers and/or manages projects assigned and works with other stakeholders to achieve required results
- Available to actively participate in negotiations directly with supplier.
- Maintain standard documentation to integrate cost model data into overall Cost Analytics.
- Be flexible to work during US office hours (till late evenings).
Must Have Minimum Qualifications
- Bachelors degree in Mechanical Engineering, Industrial & Production, Operations, or related fields.
- 6 to 10 years of overall experience, with 3 to 4 years in Cost modeling/Should costing.
- Hands on experience in any of the Should costing analysis tools
- Excellent knowledge on injection molding plastic parts, machined parts, packaging, etc.
- Proficiency in different manufacturing processes and understanding of engineering drawings.
- Ability to understand the manufacturing process and quality requirements of medical devices.
- Experience in new product development and design iterations.
- Works independently under limited supervision to determine and develop approach to solutions.
- Excellent verbal and written communication skills in English.
- Communicates with senior internal and external customers. Exchange information of facts, statuses, ideas and issues to achieve objective, and influence decision-making.
- Provide guidance, coaching and training to other employees within job area. Manage projects, requiring delegation of work and review of others work.
- Strong interpersonal and presentation skills.
- Ensure seamless communication across different global business units and global functions.
- Ability to effectively work and coordinate with cross-functional teams.
- Ability to read 2D and 3D drawings (experience with CAD software, preferably Creo).
Nice to Haves
- Knowledge of various should cost analysis software/tools, e.g., aPriori, McKinsey Cleansheet, etc.
- Knowledge in Value Engineering and Value Analysis
- Ability to perform supplier pricing/costing analysis and develop plans to reduce costs.
- Knowledge of value analysis and value engineering.
- Familiarity with analytics and reporting tools: Power BI, SharePoint, SQL
- Ability to work with minimal direction and supervision, manage timelines and expectations, adjust for unplanned assignments, and adapt to changing priorities.