Senior Director, Purchasing Operations

Abbott•Lake Forest, IL
•$190,000 - $380,000•Onsite

About The Position

The Senior Director, Purchasing Operations role is for Abbott's Core Laboratory within the Diagnostics division, located in Lake Forest, Illinois. This position provides maximum value to the division through coordinated global purchasing and strategic sourcing for various categories including services, supplies, packaging, chemicals, electromechanical parts, and Third-Party Manufacturing, all in accordance with corporate/divisional policies and objectives. The role involves directing and administering the Core Diagnostics Global Procurement functions, hiring, developing, and coaching procurement professionals, and coordinating like purchases across all sites and potentially other divisions to optimize buying leverage. The incumbent will source, negotiate, and contract with over 400 suppliers across numerous industries, staying abreast of market conditions and internal requirements to secure the best overall value for Abbott. This role oversees an annual expenditure of approximately $1.4 billion and requires a proactive, relationship-oriented, customer-focused, team-based, analytical, creative, and dynamic approach. The position requires a high degree of accuracy in execution.

Requirements

  • Bachelor’s degree in Business Administration or Technical (Engineering, Science) required
  • 12+ years of experience required
  • Proven experience in negotiations, project management, working knowledge of commercial law, purchasing (buying), supervisory management, financial analysis, manufacturing process, quality control, value engineering, materials management and logistics

Nice To Haves

  • Master’s degree in Business Administration, Finance or Technical field preferred
  • Certified Purchasing Manager Certificate preferred

Responsibilities

  • Develop and execute procurement strategies for multiple direct materials and research categories and $1.4B+ in annual expenditures.
  • Ensure global and cross divisional participation and adoption.
  • Provide leadership for 4 operations (buying areas); and all off-site purchasing operations in the purchase of goods and services that affect all areas of the division.
  • Maintain an understanding of complex; multiple markets and changing business models associated with a broad spectrum of goods and services that directly affect the profitability of the division.
  • Solve critical supply chain issues resulting for supplier performance variability to ensure on-going business continuity including; financial bankruptcy; material shortages; changes to specifications / statements of work; contractual breaches; delivery delays and plant disruptions.
  • Continually improve the efficiency of supplies, services, commodities, chemicals, biologics, Third Party Manufacturing, electromechanical and Commodity Risk Management purchasing areas within the Purchasing function by developing and implementing the most effective Purchasing systems, strategies and techniques and developing policies and procedures necessary to carry them out.
  • Provide purchasing expertise to senior management on major projects involving the selection; negotiation and acquisition of equipment; products or services; proposed acquisition of raw materials; R&D materials; tooling or manufacturing services on a worldwide basis.
  • Develop and provide current information to Senior Abbott Management on price/market trends relating to the purchase of capital equipment; supplies; and services costs; raw materials; and manufacturing services.
  • Hire and develop a team of procurement professionals who have a deep understanding of the Diagnostics healthcare channel and the way in which the procurement team supports the success of the business.
  • Coach employees to become seasoned in negotiations and contracting.
  • Assure a sustainable talent bench.
  • Ensure Business Excellence concepts are applied to Procurement function which will drive employee engagement and continuous improvement
  • Set guidelines and develop manufacturing standard setting processes used to determine divisional price components.
  • Responsible for supply chain management; Specifically, the setting of policies and strategies to improve the relationships with all suppliers as well as develop integrated programs to remove costs from the acquisition process. To use the office of the Director; as appropriate; in development of senior level relationships with suppliers and to resolve critical issues.
  • Work closely with senior R&D management to ensure proper acquisition of all research raw materials (chemicals; biologicals; plasmas; antigens; etc.) necessary to support Abbott research activities. This includes providing research into new and alternate materials.
  • Develop and implement company-wide purchasing programs to expand purchases from diverse suppliers. Coordinate; monitor and report the results to Senior Abbott Management.
  • Ensure compliance with government standards resulting in no restrictions on the sale of Abbott finished product to government accounts.
  • Maintain the understanding of a broad range of technical and administrative issues affecting all divisions and professions within the corporation including manufacturing; engineering; research; regulatory; administration; human resources and others in order to develop sound strategies and policies to guide the purchasing organizations that serve the divisions.
  • Drive eProcurement activities including eRFx and reverse auction activities for savings and operational efficiencies.
  • Provide leadership to personnel that accurately interpret client needs; analyze markets and market timing; analyze spend; analyze economic indicators and indices; evaluate make-buy options; review bid documents; negotiate; review contracts; manage contract dossiers.
  • Lead Supplier Relationship Management for Diagnostics Purchasing by establishing principles; processes and tools to manage suppliers consistently. Provide direction and leadership for the Purchasing Supplier Performance Program to monitor and reward suppliers based on performance.
  • Provide direction and leadership for the Core Diagnostics Purchasing Supplier Performance Program to monitor and reward suppliers based on performance.

Benefits

  • 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
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities
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