Abbott

Procurement Manager

Abbott$114K — $228K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in supply chain, Business, Engineering, or related field
  • 7+ years of relevant experience in procurement, sourcing, or supply chain management
  • Experience in a regulated environment (medical device, pharma, or similar preferred)
  • Proven track record in supplier management and contract negotiation
  • Strong analytical skills in cost analysis and data-driven decision making
  • Familiarity with ERP systems (SAP preferred) and procurement reporting tools
  • Demonstrated ability to lead projects and influence stakeholders

Responsibilities

  • Partner with cross-functional teams to align procurement strategies with business needs
  • Develop and execute purchasing plans with a focus on cost and supply continuity
  • Evaluate and onboard suppliers to meet quality and regulatory standards
  • Lead negotiations on pricing and long-term contracts
  • Drive supplier performance management across multiple metrics
  • Implement procurement policies and tools to standardize supplier evaluation
  • Analyze purchasing trends and market conditions for cost-saving opportunities

Benefits

  • Comprehensive health and wellness benefits
  • Opportunities for professional development and career growth
  • Supportive work environment with a focus on work-life balance
  • Access to resources that enhance quality of life
  • Potential for advancement within a global organization
Full Job Description
JOB DESCRIPTION:

The Opportunity

Plan, direct, and optimize all purchasing activities to ensure goods, materials, and services meet organizational standards for cost, quality, delivery, and reliability of supply. This role combines tactical execution with strategic sourcing leadership, supporting both site operations and broader supply chain objectives within a regulated medical device environment.

What You'll Work On
  • Partner with cross-functional stakeholders (Operations, Planning, Engineering, Quality, and Finance) to anticipate demand and ensure alignment of procurement strategies with business needs.
  • Develop and execute purchasing plans, including cost estimates, capacity assessments, and supply continuity strategies.
  • Evaluate, select, and onboard suppliers in alignment with quality, regulatory, and business requirements.
  • Lead commercial negotiations within established authority, including pricing, payment terms, and long-term supply agreements.
  • Drive supplier performance management, including delivery, quality, cost, and risk mitigation.
  • Develop and implement procurement policies, tools, and standard work to ensure consistent evaluation of supplier proposals and performance.
  • Analyze internal purchasing trends and external market conditions to identify cost savings opportunities, including bulk purchasing and value engineering.
  • Monitor industry trends, supply risks, and new product offerings to proactively adjust sourcing strategies.
  • Establish and manage strategic supplier relationships to ensure continuity of supply and high service levels.
  • Lead and develop a team of procurement professionals, setting objectives, managing performance, and building organizational capability.
  • Support new product introduction (NPI) and product lifecycle management through close collaboration with Engineering and Quality teams.
  • Utilize ERP systems (SAP) and analytics tools to drive data-based decision making, reporting, and performance tracking.


Required Qualifications
  • Bachelor's degree in supply chain, Business, Engineering, or related field
  • 7+ years of relevant experience in procurement, sourcing, or supply chain management
  • Experience operating in a regulated environment (medical device, pharma, or similar preferred)
  • Demonstrated experience in supplier management, contract negotiation, and issue resolution
  • Strong analytical capabilities, including experience with cost analysis, forecasting, and data-driven decision making
  • Experience with ERP systems (SAP preferred) and procurement reporting tools
  • Proven ability to lead projects and influence cross-functional stakeholders
  • Strong communication, organization, and problem-solving skills


Preferred Qualifications
  • Medical device or other highly regulated industry experience
  • Experience supporting New Product Introduction (NPI) and working with Engineering and Quality teams
  • Demonstrated ability to manage supplier risk and develop continuity of supply strategies
  • Experience in a matrixed, global organization
  • People leadership experience, including team development and performance management
  • Advanced analytics capabilities (Excel, Power BI, or similar tools)
  • Strong commercial acumen with experience driving cost reduction and value improvement initiatives
  • Ability to balance tactical execution with strategic sourcing responsibilities in a fast-paced environment

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.

The base pay for this position is
$114,000.00 - $228,000.00
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:

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), Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day)

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.

Internship Programs

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.

Join Our Team

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.

Stay Connected

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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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