Director, Margin & Profitability

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:

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

The primary function of the Director, Margin & Profitability is to own the Margin & Profitability (M&P) program for the division. The incumbent will lead and direct M&P PMO resources while collaborating across Business Unit leadership to drive and achieve division Margin goals. They will provide leadership and management of high impact change programs that significantly improve productivity and cost structure of the business. The scope will include both long term planning and roadmap development, as well as short-term execution of critical projects and programs.

What You'll Work On

• Lead the division M&P governance process, including identification and execution of large scale / high impact initiatives and reporting of progress to Executive Steering committee.

• Develop and execute long term strategy and roadmap for Gross Margin profile and gain alignment from divisional leadership team and key stakeholders to execute roadmap milestones.

• Collaborate with Business Unit leadership to assign goals, develop project funnels, support execution, and manage/mitigate risks.

• Establish, develop, and evolve Workstreams to address key areas of opportunity.

• Develop and deploy sustaining tools and processes to support the evaluation and identification of opportunities across direct and indirect spend areas.

• Ensure that high impact programs are defined, resourced and implemented in order to achieve financial objectives as defined by both the Annual and Long-Range Plans - performing benchmarking and cost structure analysis to define significant opportunities for improvement.

• Collaborate closely with Global Procurement and divisional business units, NPI, Operational Excellence etc. to ensure the success of short and long term margin commitments,

• Collaborate with the resource management team ensure appropriate resource allocation.

• Support and lead any key strategic initiatives and integration activities being driven by the the division or corporate, where initiatives directly impact margin profile.

• Manage large-scale global supply chain projects to reduce costs, reduce inventory investment, improve/streamline "go to market" strategies/processes and/or improve service to customers.

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