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Abbott · 10 hours ago

Manager Strategic Sourcing and Category Management

United States - Minnesota - Plymouth

Full-time

Onsite

Mid, Senior Level

$99K/yr - $199K/yr

5+ years exp

Abbott is a global healthcare leader that helps people live more fully at all stages of life. The Manager of Strategic Sourcing and Category Management will be responsible for purchasing and supply management activities, driving cost reduction strategies, and building relationships with key stakeholders to optimize procurement processes.

BiotechnologyEmergency MedicineGeneticsHealth CareHealth DiagnosticsManufacturingMedicalMedical DeviceNutritionPharmaceutical

H1B Sponsor Likely

Responsibilities

Understands and contributes to the business unit strategy, based on the specific business and technology expertise, and translates business strategy for category

Stimulates creativity and innovation in others. Open to new ideas. Supports change and take risks. Leads change and innovation

Define and champion category procurement strategy for Abbott- align with overall strategy and be an enabler. Promotes a Global Perspective

Drive Total Cost of Ownership reductions for category

Clearly define category taxonomy and manage baseline. Coordinate across corporate, functions, divisions to share best practices and adherence to guidelines

Understands the overall needs of multiple business units and to negotiate an accepted portfolio meeting the most strategic needs of the category

Measure and track internal performance for Abbott users

Advise business unit(s) about similar strategies employed by other healthcare companies

Manage initiatives that span virtual teams across the world and cross cultures

Closely collaborate with adjacent business departments, and external partners to ensure adequate and timely delivery of agreed services, in line with agreed service levels. Initiate a collaborative environment among stakeholders

Partner and collaborate with key One Procurement staff of other Abbott divisions in order to support cross divisional business initiatives, and explore Procurement synergies and efficiencies. Initiate a collaborative environment among stakeholders

Build and maintain strategic relationships with key category vendors as well as counterparts at other Healthcare/Consumer companies

Manage ongoing Supplier relationships. Implement agreed purchasing strategies for category

Maintain strong relationships across various functions, demonstrate the value-add of leveraging and build enthusiasm and support for adoption. Ensure optimal balance between value for money and cost savings is achieved, while ensuring quality and good customer service

Monitor market dynamics for category across regions

Continually look for opportunities for cost reductions and cost avoidance

Manage category projects across business unit, and division wide when and where applicable. Participate in business projects based on category expertise

Lead project teams responsible for selection of category strategy

Erroneous decisions would normally result in failure to complete projects critical to major objectives of the category. Has direct impact on budgets, expenses and major project completion

Qualification

Procurement ManagementSupply Chain ManagementCategory ManagementProject ManagementSupplier ManagementNegotiation SkillsIntercultural SkillsNetworking SkillsMarket KnowledgeCommunication Skills

Required

Bachelors Degree (± 16 years)

Related field an equivalent combination of education and work experience

5-8 year track record within procurement and supply chain management

5-8 years of Procurement and /or deep Category experience

Some functional experience

Strong project management skills

Strong communication skills (written and verbal)

Strong interdisciplinary, intercultural, influence, and networking skills International experience

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

Deep knowledge of category technologies and products

Strong negotiating skills

Some experience leading teams

Preferred

MBA preferred

Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM) or similar certification desirable

Project Management Professional (PMP) or similar certification desirable

Benefits

Free medical coverage for employees via the Health Investment Plan (HIP) PPO

An excellent retirement savings plan with 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.

Company

Abbott

Glassdoor3.8

Abbott is a healthcare company that produces diagnostic kits, medical devices, nutritional products, and branded generic medicines.

Founded in 1888

Illinois City, Illinois, USA

10001+ employees

https://www.abbott.com

H1B Sponsorship

Abbott has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2021 (1)