Manager Strategic Sourcing and Category Management

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: About Abbott Abbott is a global healthcare leader, creating breakthrough science to improve peoples health. Were 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. Youll 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 bachelors 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 Hearts 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. MAIN RESPONSIBILITIES Develops and owns category strategy and supplier strategy based on Structural Hearts 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 QUALIFICATIONS Education Bachelors Degree (± 16 years) Related field an equivalent combination of education and work experience Masters Degree (± 18 years) MBA preferred Experience/Background 5-8 year track record within procurement and supply chain management. Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM) or similar certification desirable. Project Management Professional (PMP) or similar certification desirable. 5-8 years of Procurement and /or deep Category experience. Some functional 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. 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: www.abbottbenefits.com 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 us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal. The base pay for this position is $99,300.00 $198,700.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Category Management DIVISION: SH Structural Heart LOCATION: United States > Minnesota > Plymouth : 5050 Nathan Lane N ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 15 % of the Time MEDICAL SURVEILLANCE: No SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous standing 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: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions across the spectrum of health, around the world, for all stages of life. Whether its next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of lifes greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter