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Senior Manager, Strategic Sourcing

Company: Abbott Laboratories
Location: Plano
Posted on: January 10, 2021

Job Description:

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 107,000 colleagues serve people in more than 160 countriesOur Neuromodulation business is an area of expertise for Abbott. This business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. Our Solutions include Proclaim (TM) XR SCS System, the #1 Spinal cord stimulator on the market, Proclaim (TM) DRG Neurostimulator, the only FDA approved DRG therapy and a market leader in radiofrequency ablation therapy, Abbott RFA. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum. Our deep brain stimulation technology for progressive diseases help people manage their Parkinson's disease and essential tremor symptoms, steering away from side effects.Our location in Plano, TX currently has an opportunity for a Senior Manager, Strategic Sourcing. The Senior Manager is responsible for the purchasing and supply management activities for all categories and sub categories. They will drive 'One Abbott Procurement' vision across divisions globally and influence synergies among divisions. They will work closely with key stakeholders in both Corporate and Division organizations to develop effective cost reduction strategies and implementation plans. They will nurture stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services that meet expectations. The senior manager will drive reduced total cost of ownership by optimizing tier 2 and tier 3 supply chains and leverage extensive market and supplier knowledge to drive lower TCO. They will represent Abbott strategically in the industry and community and proactively identify areas of opportunity for new business opportunities, process improvement, and cost efficiencies. They will provide insight to the business unit on how to best develop and leverage supplier capabilities for the organization(s). They will be the primary point of contact for overall category needs and be responsible for prioritizing demand globally across the category.WHAT YOU'LL DO* Key responsibilities Influence the business unit strategy and translates business strategy for category and aligned category strategy to programs and projects.* Champion change and innovation. Stimulates creativity and innovation in others. Open to new ideas. Supports those who initiate change and take risks. Promotes a Global Perspective.* Assists in defining category procurement strategy for Abbott- align with overall strategy and be an enabler.* Drives Total Cost of Ownership reductions for category through analytics. Clearly define category taxonomy and manage baseline.* Coordinate across corporate, functions, divisions to share best practices and adherence to guidelines.* Ability to assess the overall needs of select business units and to negotiate an accepted portfolio meeting the most strategic needs of the category.* Measure and track internal performance for Abbott users.* Advise business unit(s) about similar strategies employed by other healthcare companies. Lead initiatives that span virtual teams across the world and cross cultures.* Influence and partner with business leaders (Director, Sr.Director level) to manage and align the category.* Set direction on standards, identifying points of supply, developing, executing and managing a global strategy and initiatives for all divisions and sites to improve Procurement's overall and ultimate value.* Closely collaborate with adjacent business departments to ensure adequate and timely delivery of agreed services, in line with agreed service levels.* Partner and collaborate with key One Procurement staff of other Abbott divisions in order to support cross divisional business initiatives and explore Procurement synergies and efficiencies.* Build and maintain strategic relationships with key category vendors as well as counterparts at other Healthcare/Consumer companies. Manage ongoing Supplier relationships. Own and implement agreed purchasing strategies for category.* Foster a collaborative environment among stakeholders. Build and maintain strong relationships across various functions, demonstrate the value-add of leveraging and build enthusiasm and support for adoption.* Ensure optimal balance between value for money and cost savings is achieved, while ensuring quality and excellent customer service.* Monitor market dynamics for category across regions. Continually look for opportunities for cost reductions and cost avoidance.* Manage category projects across business unit, and division wide when and where applicable. Lead business projects based on category expertise. Lead project teams responsible for selection of category strategy.* Responsible for people leadership. Recruit, mentor, train and develop talent. Address people issues in a constructive and timely manner .Responsible for overall morale of team and promotes cohesive attitude.* Establishes staffing/resources plans determining appropriate mix of sourcing opportunities. Responsible for overall organizational effectiveness.EDUCATION AND EXPERIENCE YOU'LL BRINGRequired* Bachelor's degree or equivalent experience required.* 7-10 years of Procurement and/or deep Category experience.* Good organizational skills, including program/project management governance.* Strong communication skills (written and verbal) Strong interdisciplinary, intercultural, influence, and networking skills.* International experience and deep knowledge of markets by regions.* Experience with Supplier management. Ability to develop actionable implementation plans.* Relevant business process knowledge, as related to Procurement and Category Management. Extensive knowledge of category technologies and products.* Strong influence and negotiating skills. Experience leading teams - both with direct staff and indirect project teams.Preferred* MBA preferred* Medical Devices Industry Experience* Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM) or similar certification desirable* Project Management Professional (PMP) or similar certification desirable WHAT WE OFFERAt Abbott, you can have a good job that can grow into a great career. We offer:--- A fast-paced work environment where your safety is our priority--- Production areas that are clean, well-lit and temperature-controlled--- Training and career development, with onboarding programs for new employees and tuition assistance--- Financial security through competitive compensation, incentives and retirement plans--- Health care and well-being programs including medical, dental, vision, wellness and occupational health programs--- Paid time off--- 401(k) retirement savings with a generous company match--- The stability of a company with a record of strong financial performance and history of being actively involved in local communitieLearn more about our benefits that add real value to your life to help you live fully: your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity. Connect with us at, on Facebook at and on Twitter @AbbottNews and @AbbottGlobal.

Keywords: Abbott Laboratories, Plano , Senior Manager, Strategic Sourcing, Executive , Plano, Texas

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