Senior Procurement Specialist

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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 109,000 colleagues serve people in more than 160 countries.

Senior Procurement Specialist

Leading an active lifestyle is important to the many people we serve. In Abbott's Heart Failure division, we're advancing the treatment of heart and vascular disease through breakthrough medical technologies in ELECTROPHYSIOLOGY & HEART FAILURE, allowing people to restore their health and get on with their lives.

The Specialist Sr., Procurement Packaging Components is an experienced, high caliber employee. Working with minimal direction, the Specialist Sr, Procurement. This position will be responsible for the strategic management of Packaging components.

WHAT YOU'LL DO
  • Proactively identifies areas of opportunity for new business opportunities, process improvement, and cost efficiencies.
  • Provides insight to the business unit on how to best develop and leverage Component manufacturers capabilities for the organization(s).
  • Considered an SME across packaging component categories
  • Develops and implements global commodity/sourcing strategies to support objectives (cost, quality, service, risk mitigation, favorable terms) in the area of direct material commodities, providing the division with a competitive advantage
  • Locates, analyzes and develops a consolidated supplier base that meets current and future commodity needs as communicated by the division
  • Understands, tracks, and forecasts the key cost driversand market factors for assigned commodities
  • Compiles market condition information regarding commodities and suppliers and suggests/implements business strategy changes
  • Develops cost reduction projects and works with the business units to implement
  • Directs the negotiation and management of contracts/agreements for assigned commodities with medium-to-high risk and medium-to-high complexity
  • Provides guidance and overall direction to the purchasing/commodity team regarding contract management, agreements, policy development, art of negotiation and other supply chain activities in the spirit of providing mentoring and coaching to develop the teams knowledge, skills and abilities
  • Develops risk management strategies and recommends short and long terms strategies with defined risk/benefit strategies
  • Develops alternate sources as necessary to ensure a steady flow of materials and cost competitiveness
  • Maintains and promotes sound relationships with extensive network of suppliers, the external business community and internal customers
  • Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement
  • Develops and maintains strong relationships with product line R&D, Operations and Supply Chain teams
  • Develops cross-functional commodity teams to understand division-wide needs and evaluate suppliers
  • Partner with corporate procurement lead and support PACKAGING COMPONENT category procurement strategy for EP and align with overall corporate strategy.


EDUCATION AND EXPERIENCE YOU'LL BRING

Required
  • Bachelor's degree in Business degree, Engineering or related field.
  • 5+ YEARS OF PROCUREMENT, SOURCING OR ENGINEERING/MANUFACTURING EXPERIENCE.
  • Proven experience in developing global category strategies and thinking strategically.
  • 3+ years working in a highly regulated environment
  • Ability to work within a team and as an individual contributor in a fast-paced, changing environment
  • Ability to leverage and/or engage others to accomplish projects
  • Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization
  • Ability to travel approximately up to 20%, including internationally
  • Working knowledge of Microsoft Office Suite (Excel, Power Point, Word, & Project)
  • Strong procurement skills including spend analysis, negotiations, supplier relationship
  • management, and supply chain risk identification/mitigation.
  • Ability to identify a problem, work with the extended team to frame it, determine root cause, drive to potential solutions, build and present a business case, and communicate effectively to leadership to garner support


Preferred
  • Experience SOURCING OR MANAGING PACKAGING COMPONENTS


WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:
  • Training and career development, with onboarding programs for new employees and tuition assistance
  • Financial security through competitive compensation, incentives and retirement plans
  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
  • Paid time off
  • 401(k) retirement savings with a generous company match
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities


Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com , on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal

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