Sr. Commodity Manager

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: Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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. 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 bachelors degree. A company recognized as a great place to work in dozens of countries worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists. The Opportunity The Sr. Commodity Manager is responsible for developing, executing, and sustaining both the strategic and tactical supplier management activities required to support Abbotts Heart Failure business. This role manages key suppliers, negotiates contracts (Master Service Agreements, Supply Agreements, Pricing Agreements), drives shortterm recovery actions, and builds longterm sourcing strategies aligned with division and corporate priorities. The role requires a highly proactive selfstarter who thrives in a dynamic environment and can balance immediate operational challenges with longrange planning. The Sr. Commodity Manager will partner extensively across Quality, Operations, R&D/Engineering, Finance, Planning, Legal, Corporate Procurement, and other Abbott divisions to ensure supply continuity, cost competitiveness, and supplier performance. What Youll Work On : Supplier Relationship Management: Serve as primary commercial interface for assigned suppliers. Lead Quarterly Business Reviews (QBRs) and supplier performance governance. Drive supplier development, including capability expansion, cost improvements, and risk mitigation. Address escalations, capacity constraints, and continuityofsupply concerns. Contracting, Negotiation & Commercial Management: Lead the creation, review, negotiation, and execution of: Master Service Agreements (MSAs) Supply Agreements Pricing Agreements & Amendments Inventory or Consignment Agreements Ensure contracts align with Abbotts commercial, legal, and risk standards. Drive longterm pricing strategy, costtransparency models, and costreduction roadmaps. Operational Execution & Issue Resolution: Manage immediate supply chain concerns, including shortages, quality holds, yield issues, material constraints, and urgent resourcing needs. Partner closely with Planning, Quality, and Operations to resolve issues quickly and minimize impact to manufacturing and customers. LongTerm Strategy & Corporate Initiatives: Develop and maintain multiyear category and commodity strategies built around: Cost, capacity, quality, resiliency, dualsourcing, and sustainability Support and execute Corporate initiatives including: Supply Chain Resiliency Supplier Sustainability & Diversity Risk Indexing & Georisk Evaluations CostOut Programs (CIP, VA/VE) CrossFunctional & CrossDivisional Collaboration: Interface daily with internal stakeholders across HF and Corporate AbbottQuality, Ops, Engineering, Supplier QA, Finance, Legal, Manufacturing, NPI, Corporate Procurement, and other business units. Provide sourcing input for NPI projects, change controls (SCNs), and engineering costreduction activities. DataDriven Decision Making & Governance: Use data, analytics, and market intelligence to guide decisions on risk, cost, and supplier strategy. Maintain accurate supplier documentation, risk profiles, contract metadata, and commercial files. Ensure alignment with Abbott policies, Purchasing Policy CPP50, QSR/ISO requirements, and financial controls. Required Qualifications Bachelors degree in Supply Chain, Engineering, Business, Operations Management, or related field. 13+ years of experience in Supply Chain, Procurement, Commodity Management, Supplier Management, Engineering, or Operations. Demonstrated success owning supplier relationships and negotiating complex commercial agreements (MSA, Supply Agreements, pricing). Experience resolving supply risks, quality issues, or largescale operational challenges. Strong financial acumen: cost modeling, PPV/CIP, multiyear cost strategy. Ability to operate with minimal direction; proactive, resourceful, and strong ownership mindset. Skilled in influencing crossfunctional teams and working at multiple organizational levels. Preferred Qualifications Background in Medical Device, Pharmaceutical, Aerospace, or other regulated industries. Working knowledge of FDA QSR, ISO 13485, GMP, and regulated supply chains. Experience supporting NPI, supplier qualifications, dualsource programs, and manufacturing transfers. Proficiency with SAP, Power BI, advanced Excel modeling, and supplier analytics. Strong communication, negotiation, and executivelevel presentation skills. 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. The base pay for this position is $100,000.00 $200,000.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Category Management DIVISION: HF Heart Failure LOCATION: United States > Pleasanton : 6035 Stoneridge Dr ADDITIONAL LOCATIONS: United States > Atlanta : 387 Technology Circle NW Suite 500 WORK SHIFT: Standard TRAVEL: Yes, 25 % 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) 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