This role pays more than
72%
of similar roles. Most pay
$203,563–$288,150
— the shaded band above.
At the midpoint, this role pays about
$279k
versus about
$246k
for comparable roles.
Based on 240 similar postings.
Employer
About Medtronic
Medtronic plc is the world's largest medical technology company by revenue, specializing in device-based therapies for over 70 health conditions.
Medtronic currently has
47 open roles
on FindRole.
Listed pay typically runs
$110,400–$165,600
across 45 roles with salary data.
Sr Director Value Analysis / Value Engineering (VAVE) leads enterprise-level initiatives to improve product cost, strengthen gross margin, and enhance customer value while maintaining high standards for quality and safety. This role involves developing a global VAVE strategy across multiple operating units, managing a team of over forty people, and embedding Design-for-Value principles throughout the entire product lifecycle from development to management. The successful candidate will drive cross-functional execution involving R&D, Operations, Quality, Supply Management, Marketing, Regulatory, and Finance teams. Key responsibilities include identifying high-impact value engineering opportunities, establishing manufacturing standards, and utilizing methodologies such as functional analysis, component optimization, and technology insertion. Required expertise includes a degree in an engineering discipline, extensive experience in product cost engineering or Six Sigma, and the ability to connect technical engineering decisions to measurable financial outcomes within highly regulated medical device environments.
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