Manager Strategic Sourcing and Category Management

Abbott • Maple Grove, MN

4d • Onsite

About The Position

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology. Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and 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 . 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. A company recognized as a great place to work in dozens of countries around the world 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 a 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 Structural Heart division. Structural Heart Business Mission: Why We Exist Our business purpose is to restore health and improve quality of life by designing and providing device and management solutions for treating structural heart disease. MAIN PURPOSE OF ROLE This position is a part of Structural Heart’s Strategic sourcing and category management team within supply chain. This position is responsible for driving gross margin improvement through negotiation, supplier transfer projects, and supplier process improvement. This position is responsible for assessing supplier risks, develop and implement supplier resiliency actions. This position manages core categories, segments and selects strategic suppliers globally, negotiates large complex supply agreements, develops supply chain commodity management strategies, prepares cost-benefit analysis, negotiates and manages contracts, and manages supplier relations. Additionally, this position needs to work directly with Global Procurement, Program Management, NPI, Legal, Finance, and manufacturing sites to create an effective supply chain for new and on market products. This position provides strategic leadership to multiple sites regarding broad purchasing policies and practices in support of quality, cost and service.

Requirements

• 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.
• 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.

Nice To Haves

• Masters Degree (± 18 years) MBA preferred
• Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM) or similar certification desirable.
• Project Management Professional (PMP) or similar certification desirable.

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

Benefits

• Career development with an international company where you can grow the career you dream of
• 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.
• A company recognized as a great place to work in dozens of countries around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees