Senior Buyer

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:

Senior Buyer

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

This position works out of our Plymouth, MN location in the Electrophysiology Medical Device Division. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.

The Senior Buyer is an experienced, high caliber employee. Working with minimal direction, the Senior Buyer purchases raw materials, sub-assemblies, products and services in conformance with approved purchase orders at the lowest cost consistent with considerations for quality, reliability of source and urgency of need.  The Senior Buyer provides support for all basic aspects of purchasing including but not limited to vendor negotiations, vendor analysis, cost reductions, utilization of the purchasing system, expedition of orders and vendor relations.    

What You’ll Work On

• Manages long term contracts which are not managed by the commodity management teams, within established limitations and scope of authority to obtain the most favorable business partnerships, including but not limited to quality, availability and cost.
• Plans and schedules deliveries to optimize inventories in support of production schedules/business demands by working with forecasting data/teams, planning teams, commodity teams and shipping/receiving teams.
• Reviews purchase requisitions and confers with vendors to obtain product information such as price, availability and delivery schedule, reviewing quotes for accuracy and competitive strategies.
• Implements process and procedure best practices by partnering with other functional leadership with the related product lines.                                                                             
• Facilitates vendor corrective action and partners with SQE and suppliers to improve quality.
• Supports Supply Chain NPI team in the transfer of new products to Manufacturing in an expeditious manner.
• Recommends pricing strategies to achieve department operating goals.
• Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement, usually being the single source of contact for the vendor.
• Investigates and recommends new vendors.
• Performs as purchasing subject matter expert for internal and external customers due to extensive knowledge of purchasing and product line operations. 
• Provides coaching and mentoring to junior members of the purchasing team.
• Monitors supplier performance, communicates and takes action to maintain high levels of supplier performance.
• Maintains and updates supplier databases as required.
• Generates highly complex reports and performs data analysis to proactively plan or resolve issues.
• Works with inventory management/warehouse management to resolve issues.
• Lead special projects as requested to reduce cost, increase efficiency, etc.
• May process some or all of the following:  rejected