Allen Payne Email and Phone Number

Deliver strategic insights and recommendations in support of the US Surgical market. Working extensively with commercial leadership and cross functional organizations to reduce barriers, assimilate complex customer and market data to drive market share expansion.

Serve as a member of an executive committee to leverage the breath, size and scale of Medtronic to maximize the portfolio and realize additional margin-accretive revenue. Partnered with Business, Region and Functional leadership to provide strategic direction, financial & project support for enterprise-wide programs to build the foundation for enhanced and simplified customer experience.

Served as a member of the RTG Supply Chain leadership team. Responsible for Field Inventory Management for the Restorative Therapy Group within Medtronic. Partnered with Sales Regional Vice Presidents to ensure inventory strategies met their needs while optimizing Medtronic cash flow. Responsible for all RTG Field Inventory processes and controls; managing over $200M in inventory across 10 RTG Business Units including another $250M in Field Fixed Assets. Established strategy and drove initiatives around inventory reduction, obsolescence clean up and captured SOGL cost savings.

CAPA Owner (Quality - Corrective Action Preventative Action) spearheaded initiative to correct a quality issue, improving Field Inventory Management and reducing the risk in field inventory. Innovated and implemented a process to validate product prior to sale/implant to confirm product is usable, improved inventory management by adding scanning capabilities on reps iOS devices and created training material for annual sales training.

Sales Finance Manager (April 2007 - August 2011) - promoted within positionMember of the Pain Management US Sales leadership providing business and financial direction to drive attainment of business objectives and financial goals. Partnered with VP of Sales for all aspects of business including providing strategic input, financial analysis and support for the team. Facilitated alignment between Sales and Marketing objectives and organizations.

Responsible for all financial reporting for the MGU Business Unit as well as ad hoc analysis and information to support the executive staff. Responsible to drive the MGU annual & strategic planning and forecasting activities in total; including providing specific input for areas such as WW Revenue, Diagnostic Business Revenue & Costs, G&A and Market Share. Provide financial support to the MGU Clinical group including developing a model to improve managing expenses related to their studies. Financial resource and team member to Product Teams for Enterra, Bravo and Epilepsy. Responsible to support the Diagnostic Leadership Team with the divesting of the Diagnostic Business.

Responsible for monthly Financial Forecasting including P&L/EBITDA Impact, Balance Sheet and Cash Flow. Responsible for Supply Chain analytical support. Worked with Supply Chain Team to develop their operating Plan. Including developing a new model to assist in the analysis and review of their Plan. Working on Strategic Initiative Teams for Synergy Optimization, Inbound Transportation, Cross-functional Relationships with Customers and Supply/Demand Planning. On committee searching for new Forecasting Model and new Transportation Management software package.

Finance & Administration Manager - Jan 1996 - Sep 1998Responsible for all aspects of the accounting function. Responsibilities include monthly financial statement preparation, manufacturing and cost analysis, working with departmental management to develop each department’s budget and consolidating the information into company budget and preparing company forecast/projections. Developed and implemented policies and procedures. Setup automated systems. Member of the corporate Information Technology Committee responsible for all software selections and planning, including search for new Enterprise Reporting System.Also responsible for the purchasing function, on-site Human Resources coordination (including recruiting) and facility management.Finance Manager - Jan 1995 - Jan 1996Staff Accountant - Jan 1993 - Jan 1995Responsible for accounting function for multiple business units. Responsibilities included preparing monthly financial statements (including corporate consolidations), managing fixed asset records, payroll function, international logistics, preparing long term projections and cash management.