Abbott

Director Procurement

Abbott • $149K — $298K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree required
  • 10+ years of procurement/sourcing leadership experience in complex manufacturing
  • Preferred certifications: CPSM, CPM or similar
  • Ability to translate complex information for senior leadership
  • Strong organizational and project governance skills
  • Excellent communication and networking abilities
  • Broad international experience with strong negotiation skills

Responsibilities

  • Lead procurement strategy for a $250M-$300M portfolio
  • Develop and implement strategic procurement policies
  • Manage supplier relationships and negotiate contracts
  • Drive cost reductions through analytics and collaboration
  • Initiate cross-functional sourcing initiatives
  • Foster a collaborative environment with stakeholders
  • Continuously seek opportunities for cost avoidance

Benefits

  • Training and career development with onboarding programs
  • Financial security through competitive compensation and retirement plans
  • Health care and wellness programs including dental and vision
  • Paid time off for work-life balance
  • 401(k) savings plan with generous company match
  • Stability of a financially strong company involved in local communities
Full Job Description


JOB DESCRIPTION:

Our location in Lake Forest, Illinois currently has the opportunity for a Director, Procurement within the Core Diagnostics division.

This position will lead procurement strategy for a significant category portfolio within Core Diagnostics, representing approximately $250M-$300M in annual spend across critical purchased materials. The role owns supplier strategy, performance, contracts, cost productivity, capacity, risk and supply continuity while partnering closely with Engineering, Operations, Supply Chain, Quality and other business functions.

The portfolio includes materials that are critical to product quality and can directly influence reagent functionality and test performance, requiring strong technical partnership and disciplined supplier qualification and change management.

This leader will manage a team of procurement professionals and managers while driving both near-term execution and longer-term category strategy, including supplier footprint changes, European expansion, capacity planning, risk mitigation and cross-functional sourcing initiatives.

Main Responsibilities
  • Highly experienced in the management of purchasing and procurement for various function's needs.
  • In addition to the day-to-day managerial function, the role will incorporate strategic and policy development aspects that will have short, medium and long term consequences on the operation of the function.
  • Responsible for purchasing of custom packaging components (primary, tertiary) including Abbott asset ownership within supplier operations.
  • Manages specific supplies, supervises employees in contacting suppliers requesting quotations, determines parts or product specifications, escalation/ de-escalation of orders and negotiates prices, delivery schedules, and other conditions as required.
  • Drive Total Cost of Ownership reductions for spend through analytics and internal partnerships.
  • Drive initiatives that span virtual teams across the world and cross cultures.
  • Influence and partner with business leaders
  • Closely collaborate with adjacent business departments, and external partners 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 drive Procurement synergies and efficiencies.
  • Manage ongoing Supplier relationships.
  • Communicate vision and strategy for organization.
  • Foster a collaborative environment among stakeholders.
  • Initiate, 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.
  • Translate market changes and dynamics for category into strategy across regions.
  • Continually look for opportunities for cost reductions and cost avoidance.
  • Responsible for all aspects of people leadership for the team, setting expectations,coaching,counseling,developing,evaluating,feedback,hiring,discipline and separation.
  • Establishes staffing/resources plans determining appropriate mix of sourcing opportunities.


Mininum Qualifications
  • BA/BS required
  • 10+ years of progressive procurement/sourcing leadership experience, including ownership of significant direct-material or category spend in a complex manufacturing environment.
  • Certified Professional in Supply Management (CPSM),Certified Purchasing Manager (CPM) or similar certification a plus.
  • Demonstrated ability to translate complex supplier, market, financial and technical information into concise recommendations for senior leadership.
  • Some functional experience in both procurement and category management desirable. Strong organizational skills, including program/project governance and increased levels of staff oversight.
  • Excellent communication skills (written and verbal).
  • Strong interdisciplinary, and excellent intercultural influence, and networking skills.
  • Broad international experience and globally astute. Strong ability to develop and execute against actionable implementation plans.
  • Strong ability to influence multiple stakeholders with superior negotiating skills.
  • Experience leading multiple teams - both with direct staff and indirect project teams.


Preferred Qualifications
  • Project Management Professional (PMP) or similar certification a plus.
  • MBA or relevant advanced degree
  • Experience supporting global manufacturing expansion or supplier footprint changes across regions.
  • Experience in diagnostics, medical devices, healthcare, life sciences, or another highly regulated industry.


WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:
  • 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 communities


Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future.

The base pay for this position is
$149,300.00 - $298,700.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Category Management

DIVISION:
CRLB Core Lab

LOCATION:
United States > Lake Forest : CP01

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Yes, 10 % of the Time

MEDICAL SURVEILLANCE:
Not Applicable

SIGNIFICANT WORK ACTIVITIES:
Not Applicable

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

Explore a world of opportunities with our team. Whether you're seeking job opportunities in engineering, marketing, research, or healthcare, Abbott offers a variety of positions that allow professionals to grow their careers. Our commitment to diversity and innovation is evident in every aspect of our work, fostering an inclusive culture that values each team member's contribution.

Work You'll Do

At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

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Kickstart your career with an Abbott internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Abbott work on projects that matter, gaining the experience and knowledge necessary to succeed in their future careers.

Professional Development

Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

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Discover the impact you can make with a career at Abbott. We are hiring individuals who are passionate, curious, and driven to lead. Search open positions that match your skills and interests on our Jobs page. Prepare your resume, sharpen your interview skills, and get ready to join a team that's at the cutting edge of healthcare solutions.

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Explore Abbott

With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

SEARCH ABBOTT JOBS

Join us in our mission to make the world a healthier place through innovation, leadership, and diversity. Your journey to a fulfilling career at Abbott starts here.
Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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