Inventory Optimization Manager Jobs in Lowell, MA

We anticipate the application window for this opening will close on - 22 Aug 2026

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first - developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the LifeA career at Medtronic is like no other. We're purposeful. We're committed. And we're driven by our Mission to alleviate pain, restore health and extend life for millions of people worldwide.
The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager responsible for optimizing raw material (RM) and work-in-process (WIP) inventory performance. This role leads a team of inventory planning and analytics professionals focused on balancing inventory, service levels, operational continuity, and inventory health.
The Senior Manager partners closely with Supply Planning, Operational Scheduling, Manufacturing, Procurement, Finance, and Site Leadership teams to identify and execute opportunities that improve inventory productivity, enhance forecast accuracy, reduce excess and obsolete inventory, and strengthen overall inventory governance.
This position requires a highly visible leader with strong executive presence who can effectively communicate insights, recommendations, risks, and strategic initiatives to Director-level and senior leadership audiences.Responsibilities may include the following and other duties may be assigned.

• Inventory Strategy & Optimization
  • Develop and execute strategies to optimize raw material and WIP inventory while supporting operational and customer service requirements.
  • Lead inventory segmentation, safety stock management, and inventory policy development.
  • Identify opportunities to improve inventory productivity through data analytics, process improvements, and automation.
  • Drive continuous improvement initiatives focused on working capital reduction, inventory turns improvement, and inventory risk mitigation.
  • Monitor inventory health metrics and develop corrective action plans for emerging risks.
  • Reduce excess, obsolete, and at-risk inventory.
• Team Leadership
  • Lead, coach, and develop a team of inventory planners, analysts, and inventory optimization professionals.
  • Establish team priorities, performance objectives, and development plans.
  • Foster a culture of accountability, collaboration, analytical rigor, and continuous improvement.
  • Provide leadership and direction on complex inventory challenges and cross-functional initiatives.
• Cross-Functional Collaboration
  • Partner with Supply Planning and Operational Scheduling teams to align inventory strategies with manufacturing plans.
  • Support operational forecast development, submission, and integrity processes.
  • Collaborate with Procurement, Manufacturing, Finance, Supply Chain, and Site Leadership to resolve inventory issues and improve performance.

Data Analytics & Insights

• Utilize data analytics to identify inventory optimization opportunities and develop business cases.
• Lead inventory reviews and present actionable insights to leadership teams.
• Develop reporting, dashboards, and key performance indicators to monitor inventory performance.
• Drive prioritization of inventory improvement opportunities based on business impact and risk.

Governance & Executive Communication

• Present inventory strategies, risks, performance updates, and recommendations to Director-level+ leadership
• Lead governance forums and inventory review meetings.
• Escalate critical inventory, supply, and operational risks with recommended mitigation plans.
• Support annual operating plan (AOP) development and inventory planning activities.

Must Have:

• Bachelor's degree with 7+ years of relevant experience and 5+ years of leadership experience or a Advanced degree with 5+ years of relevant experience with 5+ years of leadership experience.

Nice to Have:

• Experience with end-to-end inventory optimization from Raw Material through Finished Goods
• Blue Yonder experience

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required.

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.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

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Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses.

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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):$128,800.00 - $193,200.00This 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).

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, andSimple 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), andCapital 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

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.

If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.