Category Manager - Electronics
About The Position
This role is part of Abbott’s Electrophysiology (EP) Medical Device Division, based in Plymouth, MN or St. Paul, MN. 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. We’re seeking a dynamic and strategic procurement professional to lead Electronics Category Management who will be responsible for developing and executing global sourcing strategies; driving value by reducing total cost; mitigating supply risks; improving quality and leading continuous improvement initiatives. Key responsibilities include supplier identification and qualification, competitive bidding, total cost analysis, market intelligence, supplier consolidation, and supplier relationship management. The role also ensures contract compliance and partners with stakeholders to track and improve supplier performance. We are seeking a high caliber and ambitious Category Manager to join our team in Abbott Medical Devices. This position will be responsible for the Electronics components category globally.
Requirements
- Bachelor’s degree in Business, Engineering, or related field (MBA preferred).
- 6-10 years of Procurement and/or deep category management experience.
- 3 years in regulated industry
- Strong contract negotiation experience
- Ability to work independently and within cross-functional teams
- Strong organizational, follow-up, and attention-to-detail skills
- Ability to travel approximately 20%, including international
Nice To Haves
- Microsoft Office Suite proficiency.
- Professional procurement certifications (CPSM, CPM, or similar).
Responsibilities
- Build and manage relationships with stakeholders (R&D, Operations, Supply Chain, and corporate procurement) and suppliers
- Typically involved in large and/or more complex purchases and suppliers that have higher impact on the organization’s products, processes and budget.
- Develop and implement category and supplier strategies aligned to business growth and margin goals
- Provide market intelligence to inform sourcing and category strategy
- Lead sourcing and supplier selection processes and negotiate contracts
- Analyze total cost of ownership (TCO) and drive cost-saving initiatives
- Conduct market analysis to identify trends, risks, and opportunities; Identify and mitigate supply chain risks (geopolitical, financial, operational)
- Develop contingency and dual sourcing strategies for critical components
- Lead supplier relationship management to improve quality, cost, and delivery; support the supplier delivery and quality escalation from internal stakeholders
- Implement supplier scorecards and lead business reviews
- Ensure supplier compliance with regulatory, environmental, and ethical standards
- Support sustainability and responsible sourcing initiatives
Benefits
- 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 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.
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
