Abbott

Senior Buyer

Abbott$90K — $180K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Supply Chain, or equivalent experience.
  • 5+ years of relevant purchasing/commodity management experience.
  • 3+ years of experience with purchasing/commodity management software.
  • Proven track record in negotiating purchasing agreements.
  • Strong verbal and written communication skills suitable for multiple organizational levels.

Responsibilities

  • Identify and evaluate suppliers based on price, quality, and reliability.
  • Negotiate and manage long-term vendor contracts for optimal partnerships.
  • Plan and schedule deliveries to support production and inventory needs.
  • Review purchase requisitions and confer with vendors on product information.
  • Implement best practices by partnering with functional leadership for process improvements.
  • Monitor supplier performance and facilitate corrective actions when necessary.

Benefits

  • Career development opportunities with an international company.
  • Free medical coverage in the Health Investment Plan (HIP) medical plan for eligible employees.
  • Accessible retirement savings plan with high employer contributions.
  • Tuition reimbursement and student debt programs including FreeU education benefit.
  • Acknowledged as a top employer for diversity in multiple countries.
Full Job Description
JOB DESCRIPTION:

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.


This position works out of our Pleasanton, CA location in the Heart Failure Division. In Abbott's Heart Failure (HF) business, we're developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives. Abbott Heart Failure designs and manufactures complex, life-saving medial devices.

As the Sr. Buyer, you'll be responsible for purchases of raw materials, sub-assemblies, products and services in conformance with approved purchase orders at the lowest cost consistent with considerations for quality, reliability of source and urgency of need. The senior buyer provides support for all basic aspects of purchasing including but not limited to vendor negotiations, vendor analysis, cost reductions, utilization of the purchasing system, expedition of orders and vendor relations.

What you'll work on
  • Identify, research, evaluate and suppliers that meet the organisation's standards of price, quality, timing, and reliability of supply.
  • The role will evaluate complex sales and promotional campaigns to secure reduced prices.
  • Negotiates and manages long term contracts which are not managed by the commodity management teams, within established limitations and scope of authority to obtain the most favorable business partnerships, including but not limited to quality, availability and cost.
  • Plans and schedules deliveries to optimize inventories in support of production schedules/business demands by working with forecasting data/teams, planning teams, commodity teams and shipping/receiving teams.
  • Reviews purchase requisitions and confers with vendors to obtain product information such as price, availability and delivery schedule, reviewing quotes for accuracy and competitive strategies.
  • Implements process and procedure best practices by partnering with other functional leadership with the related product lines.
  • Facilitates vendor corrective action and partners with SQE and suppliers to improve quality.
  • Participates in Research and Development projects, developing and implementing action plans to support requirements bringing new products expeditiously to market.
  • Recommends pricing strategies to achieve department operating goals.
  • Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement, usually being the single source of contact for the vendor.
  • Performs as purchasing subject matter expert for internal and external customers due to extensive knowledge of purchasing and product line operations.
  • Provides coaching and mentoring to junior members of the purchasing team.
  • Monitors supplier performance, communicates and takes action to maintain high levels of supplier performance.
  • Maintains and updates supplier databases as required.
  • Generates highly complex reports and performs data analysis to proactively plan or resolve issues.
  • Works with inventory management/warehouse management to resolve issues.


Qualifications

Required
  • Bachelor degree in Business, Supply Chain or equivalent experience.
  • 5+ years of progressively responsible experience in purchasing/commodity management.
  • 3+ years working with purchasing/commodity mgt. software.
  • Experience negotiating terms and purchasing agreements.
  • Ability to work in a highly matrixed and geographically diverse business environment.
  • Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
  • Ability to leverage and/or engage others to accomplish projects.
  • Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.
  • Ability to travel approximately 10%, including internationally.


Preferred
  • 2+ years working in a highly regulated environment preferred

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
$90,000.00 - $180,000.00
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

Keep up to date with career tips, industry insights, and company news—all from the people who work here. Subscribe to our Careers Blog and personalize your subscription to receive job alerts and insider tips tailored to your preferences.

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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