Procurement Manager
Abbott · Irving · $99,300–$198,700 (stated in the posting)
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 122,000 colleagues serve people in more than 160 countries.JOB DESCRIPTION:
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.
Our diagnostic solutions are used in hospitals, laboratories, and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.
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.
- 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 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 is not a remote opportunity
- Traveling up to 10 %
What You’ll Work On
In this role, you will lead procurement operations and sourcing activities to ensure a reliable, compliant, and cost-effective supply of materials and services. You will partner with cross-functional teams to drive cost savings, improve supplier performance, mitigate supply risks, and support business growth.
- Lead and develop a team of procurement professionals.
- Execute sourcing and procurement strategies aligned with business objectives.
- Manage supplier relationships, performance, and issue resolution.
- Identify and mitigate supply chain and supplier risks.
- Drive cost reduction, inventory optimization, and working capital improvements.
- Collaborate with Operations, Planning, Quality, Engineering, and Finance to support business initiatives and continuous improvement.
- Manage employee performance, development, and accountability.
- Ensure compliance with company policies, procedures, and purchasing controls.
- Build strong internal and external business relationships.
- Perform additional duties as needed to support business objectives.
Required Qualifications
- Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Finance, Operations Management, Market Strategy/Marketing Analysis or related discipline.
- 7+ years of progressive experience in procurement, purchasing, sourcing, supplier management, planning or supply chain operations, including experience supporting manufacturing or operational environments.
- Demonstrated success managing supplier relationships, negotiating purchase agreements, ensuring continuity of supply, supporting inventory management objectives, and executing procurement processes that meet business, quality, delivery, and cost requirements.
PREFERRED QUALIFICATIONS:
- Master’s degree preferred.
- Experience in regulated industries such as medical devices, healthcare, life sciences, pharmaceuticals, or manufacturing preferred.
- Knowledge of procurement, sourcing, supplier management, and contract administration.
- Experience managing supplier performance and resolving quality, delivery, and supply issues.
- Ability to identify and mitigate supply chain risks.
- Understanding of inventory management, demand planning, and working capital optimization.
- Strong analytical, problem-solving, negotiation, and organizational skills.
- Experience implementing efficient and compliant procurement processes.
- Ability to collaborate effectively in a cross-functional, matrixed environment.
- Proven experience leading, coaching, and developing procurement teams.
- Proficiency with ERP systems and procurement tools.
- CPSM, CPM, CSCP, or related supply chain certifications preferred.
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 – $198,700.00In specific locations, the pay range may vary from the range posted.