Abbott · 2 weeks ago
Senior Manager Strategic Sourcing and Category Management
Plymouth, MN
Full-time
Onsite
Senior Level, Lead/Staff
$129K/yr - $259K/yr
10+ years expAbbott is a global healthcare leader committed to improving health through innovative technologies. The Senior Manager of Strategic Sourcing and Category Management will drive gross margin improvement and manage supplier relationships while collaborating with various teams to enhance supply chain strategies.
BiotechnologyEmergency MedicineGeneticsHealth CareHealth DiagnosticsManufacturingMedicalMedical DeviceNutritionPharmaceutical
Responsibilities
Develops and owns category strategy and supplier strategy based on Structural Heart’s technology roadmap
Partners with cross-functional teams to understand current and future business needs for supplier capabilities to build a technology roadmap for the category
Develop multi-year gross margin improvement strategy involving broad spectrum levers not limited to periodic negotiations, supplier transfer projects, supplier process improvements and deliver on gross margin improvement initiatives in line with business goals
Participate in standard cost setting process, and provide guidance to site supply chain and finance annually
Segment suppliers, and develop segmented supplier relationship management strategy and engagement plan
Develop and advance sourcing and supply strategies throughout each stage of the product lifecycle, including new product launch planning and execution through to product rationalization and end of life
Own and deliver on strategy to execution on large complex master supply agreements
Partner with manufacturing sites, network strategy, new product development teams to build ideation pipeline for risk mitigation and margin improvement
Effectively negotiate and facilitate win-win solutions with suppliers throughout the global supply chain
Has deep experience in should-cost models, understanding supplier production processes and sources of value
Utilizes market trends and internal/external competitive benchmarks to influence supply chain solutions
Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments
Able to build collaborative relationships with and influence a matrixed organization of R&D, NPI, Finance, PMO, Site SC, Manufacturing teams
Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and suppliers
Qualification
Required
Minimum 10 years Progressively responsible for strategic sourcing and category management spend
Experience in organizations with low volume and high mix product families
Expertise in contract terms and conditions structuring, negotiating with suppliers and contract execution
Expertise in understanding supply market dynamics, drafting supply strategies to deliver optimized cost, service and quality
Ability to work in a highly matrix'ed and geographically diverse business environment
Ability to work effectively within a team in a fast-paced changing environment. Strong verbal and written communications to effectively communicate at multiple levels in the organization
Able to multi-task, prioritize and meet deadlines in timely manner
Strong organizational, planning, and follow-up skills. Performs other related duties and responsibilities, on occasion, as assigned
Ability to travel approximately 10% - 25%, including internationally
Thorough knowledge and understanding of end to end supply chain management concepts including MRP, DRP, ERP, forecasting, inventory management within SAP or similar system
Flexible and adaptable to change - does not require rigid rules; functions in an fast pace environment
Highly Collaborative - partner with colleagues and customers to arrive at best solutions
Deliver Innovative Solutions - ability to recognize possibilities to create greater profitability and growth
Generate Customer Value - Listening, understanding, anticipating and solving
Cultivate a broad network of relationships with key internal and external constituents
Demonstrated ability to work with key stakeholders to drive change throughout the global supply chain
Preferred
Medical device supply chain experience preferred/5+ years' experience working in a highly regulated environment and proven familiarity with applicable regulations
Experience working in a broader enterprise/cross division business unit model preferred
Preferred Lean and six sigma experience
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
Abbott is a healthcare company that produces diagnostic kits, medical devices, nutritional products, and branded generic medicines.
10001+ employees
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
Represents job field similar to this job
Trends of Total Sponsorships
2021 (1)
Funding
Current Stage
Public CompanyTotal Funding
$6.79M2011-03-15Post Ipo Debt· $0.1M
2009-03-16Post Ipo Debt· $6.69M
1980-12-12IPO
Leadership Team
Robert Ford
President & Chief Executive Officer
Mike Peterson
Senior Vice President
Recent News
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