Procurement Manager - Third Party Manufacturing

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 forfree medical coverage in ourHealth Investment Plan (HIP) PPOmedical 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 This position works out of our Alameda, CA location in the Diabetes Care division where we're focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. Were revolutionizing the way people monitor their glucose levels with our new sensing technology. This role leads Third-Party Manufacturing (TPM) operations, cost optimization, supply risk mitigation and supplier performance. The position requires strong leadership, analytical skills, and strategic thinking to ensure supply continuity, financial control, and compliance with applicable policies and procedures. This is a key role to meet divisions operational and financial goals. What Youll Work On Supply Chain Planning & Optimization Partner with Supply Planning and site leadership to support integrated business planning. Ensure optimal raw material availability and capacity allocation. Align operational plans with enterprise objectives to support business continuity and growth. Risk Management & Business Continuity Identify and assess supply continuity risks; implement mitigation strategies. Collaborate with Category Teams and TPMs to anticipate risks and develop contingency plans. Define and maintain strategic safety stock levels with Category, Finance, and TPM teams. Financial Leadership Develop dynamic cost models to forecast and evaluate market and operational impacts. Ensure accuracy of TPM PPV reports and oversee reconciliation processes. Analyze yield loss drivers, lead improvement projects, and present insights to senior leadership. Establish governance and monitoring processes for prepaid inventory at TPMs. Cost & Contract Negotiations Lead annual pricing negotiations and headcount reviews aligned with cost objectives. Drive Gross Margin Improvement initiatives through TPM collaboration. Negotiate short- and long-term contracts to optimize total cost of ownership. Escalate critical commercial issues to TPM leadership for resolution. Strategic Supplier Relationship Management Maintain executive-level engagement with TPM account managers and site leadership. Conduct structured business reviews to drive performance, innovation, and continuous improvement. Quality Governance Partner with Supplier/TPM Quality Assurance to develop supplier scorecards and metrics. Support and facilitate supplier audits to ensure compliance and quality standards. Collaborate with Quality teams to address and resolve performance gaps. New Product Introduction (NPI) Enablement Participate in R&D and project governance meetings for seamless product launches. Manage RFQ/RFP processes with suppliers for timely and competitive bids. Lead initiatives to minimize Excess & Obsolescence (E&O) risk through cross-functional engagement. Additional Responsibilities Review supplier quotes for accuracy and prepare comparison reports. Create purchase requisitions, manage approvals, and maintain POs through closure. Act as first-line responder, pivoting between strategy, operations, and transactional sourcing. Lead and execute assigned projects, including ad hoc reporting, SOWs, and supplier selection. Maintain and update supplier databases; generate reports for proactive planning. Provide coaching and mentoring to junior team members. Drive continuous improvement initiatives for procurement processes and analytics. Ensure compliance with QMS, EMS, GMP, FDA regulations, and company policies. Required Qualifications Bachelor's Degree or equivalent combination of education and work experience Preferred Qualifications MBA preferred Professional certifications in Procurement or Supply Chain such as CPSM, CIPS, CPP, CPIM, or equivalent are highly desirable. English proficiency required; bilingual or multilingual capability is considered a strong asset for global collaboration. Minimum 7 years of progressive experience in Procurement, Operations, or Supply Chain, with a proven track record of delivering strategic outcomes. Prior experience in purchasing, sourcing, commodity management, and/or category management is highly valued. Hands-on expertise with MRP/ERP systems (SAP, Ariba), advanced data analytics tools, and data visualization platforms will be an added advantage. Strong proficiency in advanced MS Excel for financial modeling. Ability to assess cost drivers and their impact on Abbott and Third-Party Manufacturers. Apply Now 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 $112,000.00 $224,000.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Category Management DIVISION: ADC Diabetes Care LOCATION: United States > Alameda : 1360-1380 South Loop Road ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 10 % of the Time MEDICAL SURVEILLANCE: No SIGNIFICANT WORK ACTIVITIES: Continuous sitting 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