Senior Procurement Manager

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 122000 colleagues serve people in more than 160 countries.

Sr. Procurement Manager

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. Youll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify forfree medical coverage in ourHealth Investment Plan (HIP) PPOmedical 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 bachelors 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 rapid diagnostics solutions are helping address some of the worlds greatest healthcare challenges.

Sr. Procurement Manager
Location: Lake Forest IL

Join Abbotts Cardiometabolic and Informatics (CMI) business as a Sr. Procurement Manager where youll lead procurement strategy and supplier management across three manufacturing this high-impact role youll drive sourcing initiatives optimize supplier performance and ensure the reliable cost-effective supply of materials goods and services that support manufacturing and business objectives.

As the primary procurement liaison between CMI and Abbotts Division and Corporate Strategic Procurement teams youll partner with cross-functional stakeholders to identify cost savings opportunities mitigate supply risks improve operational efficiency and support business growth. Youll play a key role in shaping procurement strategy strengthening supplier partnerships and delivering value through innovation quality and continuous improvement.

This is an excellent opportunity for a strategic procurement leader who enjoys influencing business decisions driving results and making a direct impact on operational and financial performance.

What Youll Work On

• Execute procurement and sourcing strategies aligned with enterprise and business unit objectives to ensure the reliable compliant and cost-effective supply of materials and services needed to support operational manufacturing and commercial requirements.
• Lead and develop a team of procurement professionals responsible for procurement operations including supplier relationship management purchase order management supplier performance monitoring issue resolution and compliance with procurement policies procedures and purchasing controls.
• Identify assess and mitigate supplier supply chain and market risks to ensure continuity of supply support inventory objectives and achieve zero manufacturing disruptions.
• Drive financial performance through cost reduction initiatives productivity improvements inventory optimization working capital management and reduction of excess obsolete and distressed inventory while maintaining required service levels.
• Establish and maintain effective supplier relationships and performance management processes to improve quality delivery service responsiveness and overall supplier reliability.
• Partner with Operations Planning Quality Engineering Finance and other cross-functional stakeholders to support business initiatives product launches process improvements and continuous improvement activities.
• Manages performance of staff towards department and Company goals including feedback on performance appraisals recommendations for merit increases or necessary disciplinary actions communication to employees on performance etc.
• Understands and is aware of the quality consequences which may occur from the improper performance of their specific job; has awareness of device defects that may occur in their area of responsibility including product design verification and validation manufacturing and testing activities
• Responsible for exhibiting professional behavior with both internal/external business associates that reflects positively on the company and is consistent with the companys policies and practices; build productive internal/external working relationships
• Carries out duties in compliance with established business policies
• Other duties as assigned according to the changing needs of the business

Required Qualifications

• Bachelors degree in Supply Chain Management Business Administration Engineering Finance Operations Management or related discipline.
• 7 years of progressive experience in procurement purchasing sourcing supplier management or supply chain operations including experience supporting manufacturing or operational environments.

• Demonstrated success managing supplier relationships negotiating purchase agreements ensuring continuity of supply supporting inventory management objectives and executing procurement processes that meet business quality delivery and cost requirements.

PREFERRED QUALIFICATIONS:

• Masters degree preferredExperience within a regulated industry such as medical devices healthcare life sciences pharmaceutical or other manufacturing industries is preferred.
• Strong knowledge of procurement and purchasing processes supplier management contract administration and sourcing activities.
• Experience evaluating supplier performance and resolving supply quality and delivery issues.
• Demonstrated ability to identify and mitigate supply risks to support uninterrupted manufacturing operations.
• Knowledge of inventory management principles demand planning interfaces and working capital considerations.
• Experience implementing and maintaining compliant standardized efficient and effective procurement analytical problem-solving negotiation and organizational skills.
• Ability to work effectively in a matrixed environment and collaborate with Operations Planning Quality Engineering and Finance teams.
• Experience leading coaching and developing procurement with ERP systems and procurement-related business CPM CSCP or similar supply chain certification preferred but not required.

Learn more about our health and wellness benefits which provide the security to help you and your family live full lives:

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer committed to employee diversity.

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The base pay for this position is

$129300.00 $258700.00

In specific locations the pay range may vary from the range posted.

Category Management

CMI ARDx Cardiometabolic and Informatics

United States > Lake Forest : J55

Standard

Yes 10 % of the Time

Not Applicable

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day) Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

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Manager