Purchasing Manager

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. JOB DESCRIPTION: The Opportunity This position works out of our Abbott Vascular site in Westford, MA. Our medical devices help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks. Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease. You will be responsible for setting and executing procurement strategies for goods and services required within the entity. In conjunction with supporting internal business areas and projects, identifies opportunities for cost reduction, quality and technology, develops and executes strategies to achieve them. What You'll Work On Implements sourcing strategies to support objectives in the area of indirect or direct commodities, providing the entity a competitive advantage in the areas of materials, supplies, and services Locates, analyzes and develops a consolidated supplier base to meet current and future commodity needs. Negotiates and manages contracts/agreements for assigned commodities with low to medium risk and low to medium complexity. Administers agreements per best practices. Develops risk management strategies and recommends short and long terms strategies with defined risk/benefit strategies. Develops alternate sources to ensure a steady flow of goods, materials, and/or services. Maintains budget and performs analyses of costs related to labor rates, charges, time, and cost of materials. Monitors supplier capability and performance to ensure maintenance of deliver, quality and price commitments. Maintains and promotes sound relationships with suppliers and business community. Supports projects to assure all procurement activities are performed as required. Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement. This includes driving continuous improvements with the supplier base. Develops cross-functional teams to understand division-wide needs and evaluate suppliers. Understands, tracks and forecasts the key cost drivers and market factors for assigned commodities. Compiles market condition information regarding commodities and suppliers and suggests/implements business strategy changes. Leads in the development of materials policies and procedures. Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors. Required Qualifications Bachelor degree in Business, Supply Chain or equivalent. Or an equivalent combination of education and work experience. Minimum 5 years Progressively responsible experience in purchasing/commodity management. 3 years working in a highly regulated environment. 3 years working with purchasing/commodity mgt software Experience negotiating terms purchasing agreements. Experience working in a broader enterprise/cross-division business unit model preferred. Ability to work in a highly matrixed and geographically diverse business 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. Multitasks, prioritizes and meets deadlines in timely manner. Strong organizational and follow-up skills, as well as attention to detail. Ability to travel approximately 10%, including internationally. Apply Now * Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year. Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: 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. Connect with , on /Abbott and on Twitter @AbbottNews. The base pay for this position is $95,000.00 - $190,000.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Category Management DIVISION: AVD Vascular LOCATION: United States > Massachusetts > Westford : 4 Robbins Road ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 10 % of the Time MEDICAL SURVEILLANCE: Not Applicable SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday) Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: EEO is the Law link - Espanol:

Created: 2024-11-05