Senior Specialist Procurement

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

     

JOB DESCRIPTION:

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity:

Our location in Lake County and/or Chicago, Illinois, currently has an opportunity in Business Excellence as a Senior Procurement Specialist.  The Senior Procurement Specialist will be responsible for driving continuous improvement initiatives, managing key projects, and leveraging data analytics to enhance procurement processes. This role requires a strategic thinker with strong analytical skills and a proven track record in project management and process optimization. The Senior Procurement Specialist will enhance procurement operations through effective analytics and program management, ensuring the optimization of procurement processes, driving continuous improvement initiatives, and supporting strategic decision-making through data-driven insights. This role will work across multiple verticals and categories across all Abbott business units globally.

What You’ll Work On:

PROJECT MANAGEMENT

• Support implementation and management of technology (e.g. Source to Pay), category strategies and processes
• Develop and maintain procurement analytics to monitor performance, identify trends, and drive improvements
• Lead continuous improvement initiatives to enhance efficiency and effectiveness within procurement and Abbott businesses in alignment with organizational goals
• Communicate and drive change globally as a change champion within the Business Excellence organization in alignment with organizational goals. Lead resolution on issues within Source to Pay technology improvements.

PROCESS MANAGEMENT/IMPROVEMENT

• Develop and present reports and dashboards to senior management, highlighting key metrics and insights.
• Ensure compliance with procurement policies, procedures, and regulatory requirements
• Seek innovative ways to maintain and improve procurement processes, cycle times, total acquisition costs, and customer service levels.

• Conduct regular process reviews and audits to identify areas for improvement
• Utilize data analytics to provide insights and recommendations for optimizing procurement strategies and operations.
• Develop and maintain dashboards and reports to track key performance indicators (KPIs) and metrics.
• Conduct spends analysis, supplier performance evaluation, and market trend analysis to support decision-making.
• Support implementation and management of procurement technologies such as e-procurement systems, supplier management software, and automation tools.
• Stay updated on emerging technologies and trends in procurement and supply chain management.
• Collaborate with IT and other departments to ensure seamless integration of technology solutions

STAKEHOLDER MANAGEMENT

• Collaborate with cross-functional teams to ensure alig