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.
Senior Manager, Strategic Sourcing
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 contributionTuition 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.
This individual will lead the Abbott Electrophysiology sourcing category management team and must possess excellent communication skills, a strong ability to understand and articulate business cases, proven experience in developing sourcing strategy, the capacity to effectively influence business decisions, and a track record of delivering successful outcomes in a very dynamic environment.An accomplished and expert negotiator, this individual will lead a team of eight category managers and spearhead all critical aspects of sourcing strategy. This Individual must be adept at identifying and extracting costs out of our supply chain while balancing value and risk.What You’ll Work On
Lead a high-performance team in the development and execution of comprehensive sourcing strategies that create leverage, mitigate risk and deliver competitive advantage to Abbott EPDevelop negotiation strategies with team and articulate steps to achieve negotiation objectives.Collaborate closely with R&D to assess supplier capabilities and select critical supplier partners in support of new product developmentAggressively push through roadblocks and slowdowns at suppliers when encountered.Develop thorough knowledge of product features, benefits, comparisons, operational impact, future product pipeline, FDA 510k filings, cost drivers, and market information.Required Qualifications
Demonstrated track record of driving results within cross-functional, collaborative, and fast-paced environments. Ability to effectively manage expectations, negotiate trade-offs, and prioritize requirements.Accredited College Bachelor's Degree (STEM, Supply Chain, Healthcare, Business, Finance) required.15+ years of relevant work experience required. Ideal candidate will have experience in strategic sourcing and negotiating complex contracts in spend segments specific to the Medical Device industry, required.Candidate must have proven track-record of achieving results and managing equivalent or similar responsibilitiesCandidate must have proven experience in guiding individuals and groups toward desired outcomes, setting high performance standard and delivering quality work.Experience sourcing for complex medical devicesProven experience negotiating complex agreements in Medical Device manufacturing industryExperience consolidating and exiting Medical Device suppliersOccasional Travel up to 25% of the time, includes internationalApply Now
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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 $127,300.00 – $254,700.00. In specific locations, the pay range may vary from the range posted.