Senior Manager 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:

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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.

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

• An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

Our Electronics, Mechanical, and TPM (EMT) Global Procurement organization has an opportunity in direct materials for a Senior Manager Category Procurement leading the Mechanical category team. This team is responsible for the development and execution of Abbott’s Mechanical category strategy with an estimated $640MM annual spend across ~390 suppliers globally covering precision and standard machined components, wire, motors, pumps, and other mechanical components. The Senior Manager will support and influence internal/external stakeholders to ensure engagement, alignment, and business readiness to drive improvements in quality, sustainability, supply chain risk, total cost of ownership, and technological capability of our supply base. This global role provides an opportunity to lead and work within diverse multi-functional teams and will collaborate with various Global Procurement direct material groups and Abbott Divisions. Serves as the primary point of contact for overall Mechanical category needs.

What You’ll Work On

Strategic Thinking and Category Management:

• Drive "One Abbott Procurement" vision across divisions globally and influence synergies among divisions. Work closely with key stakeholders in both Corporate and Division organizations to develop effective cost reduction strategies and network optimization for Mechanical category.

• Create, own, and maintain a category strategy for Mechanical supported by detailed market and supplier data analysis. Clearly define category taxonomy. Category strategy includes assessment of the overall needs of the Abbott divisions.

• Influence the business and translate business strategy from a supply chain and procurement perspective to ensure implementation of key projects impacting Mechanical category strategy are completed successfully. 

• Responsible for prioritizing demand globally across the category.

• Maintain knowledge of relevant market trends, behaviors, and assessment of the impact to Abbott. Monitor market dynamics for category across regions. Effectively communicate and collaborate with internal stakeholders for required actions and changes to Mechanical category strategy as a result of the market impact.

• Drive Total Cost of Ownership reductions for category including optimization of supply network (Tier 2 and 3 suppliers), cost models, and implementation of category and supplier strategies. Proactively identify opportunities to drive efficiencies/process improvements, cost reductions and new business opportunities within categories and technologies.

• Lead supplier selection, negotiation efforts, and supplier contracts for identified projects in Mechanical category. Provide support/expertise to internal stakeholders when led by division procurement team.

• Provide insight to the business unit on how to best develop and leverage supplier capabilities for the organization(s). 

• Identify and elevate areas of highest risk within the category and lead multi-functional teams to develop actionable risk mitigation strategies.

Relationship Management:

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