Procurement Specialist , Mechanical

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 115,000 colleagues serve people in more than 160 countries.

About Abbott

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 107,000 colleagues serve people in more than 160 countries.

WHAT YOU’LL DO

• Develops and implements category strategies for the Mechanical portfolio, procurement plans and deliver results for value creation and cost savings for the Abbott businesses in the fast-changing business environment. Utilize tools such as should cost to drive savings and reduced total cost of ownership (TCO) by leveraging extensive market and supplier knowledge.
• Understands the common category needs of multiple business units and to leverage Abbott’s strengths to obtain best values for the businesses. Leveraging professional expertise and relationships to contribute to division strategy and drive business results. Leads development of functional strategy.
• Has the ability to manage business complexities, anticipates internal/external business challenges and drives change. Collaborates with internal stakeholders to establish sourcing strategies that improve supplier performance, minimize supply chain disruptions, improve quality and reduce costs.
• Lead projects/initiatives that have significant impact upon global business by achieving project milestones and objectives.
• Lead supplier identification / selection and negotiations of strategic supplier agreements with key suppliers of Mechanical Categories.
• Continually look for opportunities for cost reductions, cost avoidance and to provide overall value.
• Researches and evaluates products and suppliers. Performs value analysis on costs and supplier quotes.
• Work intimately with internal stakeholders, divisions and the cross-functional teams driving the "One Abbott Procurement" model.
• Initiate a collaborative environment among stakeholders.
• Educate stakeholders on industry best in class product and category solutions.
• Develop and maintain relationships with stakeholders to support and proactively respond to business needs.
• Partner and collaborate with key Global Procurement staff of other Abbott divisions to support cross divisional business initiatives and explore Procurement synergies and efficiencies.
• Ensure optimal balance between value for money and cost savings is achieved, while ensuring quality and good customer service.
• Build and maintain strategic relationships with key category vendors as well as counterparts at other Healthcare/Consumer companies. Manage ongoing Supplier relationships.
• Maintain strong relationships across various functions, demonstrate the value-add of leveraging, build enthusiasm and support for adoption.
• Manage category projects across business unit, and division wide when and where applicable. Participate in business projects based on category expertise
• Manage initiatives that span virtual teams across the world and cross cultures.

EDUCATION AND EXPERIENCE YOU’LL BRING

Required

• Bachelor's degree in Business degree, Engineering or related field.
• Successful, 7+ year track record in engineering, manufacturing and/or procurement, business analytics.
• Proven experience in developing global category strategies and thinking strategically.
• 3+ years working in a highly regulated environment
• Project Management Professional (PMP) or similar certification desirable
• Strong project management skills
• Robust people skills that include developing strong relationships and solving problems. Strong use of spreadsheet programs
• Excellent communication skills (written and verbal)
• Excellent interdisciplinary, intercultural, influence, and networking skills. Adaptive attitude
• Some knowledge of markets by regions
• Some experience with Supplier management
• Ability to develop actionable implementation plans
• Relevant business process knowledge, as related to Procurement and Category Management
• Knowledge of category technologies and products
• Good negotiating skills
• 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

• 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 travel approximately up to 20%, including internationally

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: [Register to View]

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.

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