Senior Manager Strategic Sourcing and Category Management

Abbott • Maple Grove, MN

4d

About The Position

About Abbott 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 THE 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) Business, Engineering, Computer Science, Finance or related field.
• Minimum 10 years Progressively responsible experience in materials management/purchasing.
• 5+ years planning, engineering, or leadership experience in a manufacturing setting
• 7 years’ experience managing a team
• 7 years’ experience working in a highly regulated environment and proven familiarity with applicable regulations.
• 5 years’ experience working with MRP, DRP, ERP, forecasting, inventory management within SAP or similar system software.
• Experience negotiating terms with vendors, suppliers and contractors.
• 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.
• Ability to travel approximately 10% - 25%, including internationally

Nice To Haves

• Masters Degree (± 18 years) engineering, business or supply chain Preferred
• Experience working in a broader enterprise/cross division business unit model preferred.
• Preferred Lean and six sigma experience
• 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; function in an fast pace environment
• Highly Collaborative - partner with colleagues and customers to arrive at best solutions
• Excellent and proactive communication skills including written, verbal, and presentation skills
• 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.
• Experience in organizations with low volume and high mix product families.
• Medical device or related industry experience is preferred.

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
• Performs other related duties and responsibilities, on occasion, as assigned.

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: Senior
• Number of Employees: 5,001-10,000 employees