ME

Senior Advanced Analytics Analyst

Medtronic
Mumbai City6-10 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.

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