Abbott

Senior Director, Purchasing Operations

Abbott • $190K — $380K *
Healthcare
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or Technical field required
  • Master's degree in Business Administration, Finance or Technical field preferred
  • Certified Purchasing Manager Certificate preferred
  • 12+ years of procurement experience required
  • Extensive experience in negotiations, project management, financial analysis, and materials management

Responsibilities

  • Develop and execute procurement strategies for $1.4B+ in annual expenditures
  • Ensure global and cross-divisional procurement participation
  • Lead operations in the purchase of goods and services across all divisions
  • Solve critical supply chain issues to ensure business continuity
  • Continually improve procurement efficiency and implement effective purchasing systems
  • Provide purchasing expertise on major projects and acquisitions
  • Develop diverse purchasing programs and coordinate reporting to senior management

Benefits

  • Training and career development, including tuition assistance
  • Financial security through competitive compensation and retirement plans
  • Health care programs, including medical, dental, and wellness
  • Paid time off
  • 401(k) retirement savings with company match
  • Stability of a company with strong financial performance and community involvement
Full Job Description


JOB DESCRIPTION:

Senior Director, Purchasing Operations

Our location in Lake Forest, Illinois currently has an opportunity for a Senior Director, Purchasing Operations for our Core Laboraotry within the Diagnostics division.

The role provides maximum value to the division through coordinated global purchasing and strategic sourcing for - services, supplies, packaging, chemicals, electromechanical parts and Third-Party Manufacturing in accordance with corporate/divisional policies and objectives. Direct and administer the Core Diagnostics Global Procurement functions for the purchase of raw materials, research and development intermediates; supplies; services; and equipment. Hire, develop and coach procurement professionals to enable clear succession plans and support a sustainable on-going organization. Provide coordination for like purchases across all sites and where appropriate; across other divisions; ensuring bundling of the spend to optimize buying leverage for Abbott. Source, negotiate and contract for purchases across numerous industries and 400+ suppliers. Stay abreast of constantly changing market conditions and internal requirements and incorporate same into negotiations and supply agreements to bring the best overall value for Abbott.

Position Core Diagnostics for optimum supply chain value through selection of quality suppliers, fact-based negotiations and performance-based contracting to protect Abbott's interests. This role oversees the annual expenditure of approximately $1.4 billion. Magnitude of purchases often places incumbent in lead negotiation position to secure contracts over $100MM to meet specific needs of the division. Furthermore, this position requires a proactive approach that is relationship orientated, customer focused, team based, highly analytical, creative, dynamic (must stay abreast of global economics), and without error in its execution.

WHAT YOU'LL DO
  • Develop and execute procurement strategies for multiple direct materials and research categories and $1.4B+ in annual expenditures.
  • Ensure global and cross divisional participation and adoption.
  • Provide leadership for 4 operations (buying areas); and all off-site purchasing operations in the purchase of goods and services that affect all areas of the division.
  • Maintain an understanding of complex; multiple markets and changing business models associated with a broad spectrum of goods and services that directly affect the profitability of the division.
  • Solve critical supply chain issues resulting for supplier performance variability to ensure on-going business continuity including; financial bankruptcy; material shortages; changes to specifications / statements of work; contractual breaches; delivery delays and plant disruptions.
  • Continually improve the efficiency of supplies, services, commodities, chemicals, biologics, Third Party Manufacturing, electromechanical and Commodity Risk Management purchasing areas within the Purchasing function by developing and implementing the most effective Purchasing systems, strategies and techniques and developing policies and procedures necessary to carry them out.
  • Provide purchasing expertise to senior management on major projects involving the selection; negotiation and acquisition of equipment; products or services; proposed acquisition of raw materials; R&D materials; tooling or manufacturing services on a worldwide basis.
  • Develop and provide current information to Senior Abbott Management on price/market trends relating to the purchase of capital equipment; supplies; and services costs; raw materials; and manufacturing services.
  • Hire and develop a team of procurement professionals who have a deep understanding of the Diagnostics healthcare channel and the way in which the procurement team supports the success of the business.
  • Coach employees to become seasoned in negotiations and contracting.
  • Assure a sustainable talent bench.
  • Ensure Business Excellence concepts are applied to Procurement function which will drive employee engagement and continuous improvement
  • Set guidelines and develop manufacturing standard setting processes used to determine divisional price components.
  • Responsible for supply chain management; Specifically, the setting of policies and strategies to improve the relationships with all suppliers as well as develop integrated programs to remove costs from the acquisition process. To use the office of the Director; as appropriate; in development of senior level relationships with suppliers and to resolve critical issues.
  • Work closely with senior R&D management to ensure proper acquisition of all research raw materials (chemicals; biologicals; plasmas; antigens; etc.) necessary to support Abbott research activities. This includes providing research into new and alternate materials.
  • Develop and implement company-wide purchasing programs to expand purchases from diverse suppliers. Coordinate; monitor and report the results to Senior Abbott Management.
  • Ensure compliance with government standards resulting in no restrictions on the sale of Abbott finished product to government accounts.
  • Maintain the understanding of a broad range of technical and administrative issues affecting all divisions and professions within the corporation including manufacturing; engineering; research; regulatory; administration; human resources and others in order to develop sound strategies and policies to guide the purchasing organizations that serve the divisions.
  • Drive eProcurement activities including eRFx and reverse auction activities for savings and operational efficiencies.
  • Provide leadership to personnel that accurately interpret client needs; analyze markets and market timing; analyze spend; analyze economic indicators and indices; evaluate make-buy options; review bid documents; negotiate; review contracts; manage contract dossiers.
  • Lead Supplier Relationship Management for Diagnostics Purchasing by establishing principles; processes and tools to manage suppliers consistently. Provide direction and leadership for the Purchasing Supplier Performance Program to monitor and reward suppliers based on performance.
  • Provide direction and leadership for the Core Diagnostics Purchasing Supplier Performance Program to monitor and reward suppliers based on performance.


EDUCATION AND EXPERIENCE YOU'LL BRING
  • Bachelor's degree in Business Administration or Technical (Engineering, Science) required
  • Master's degree in Business Administration, Finance or Technical field preferred
  • Certified Purchasing Manager Certificate preferred
  • 12+ years of experience required
  • Proven experience in negotiations, project management, working knowledge of commercial law, purchasing (buying), supervisory management, financial analysis, manufacturing process, quality control, value engineering, materials management and logistics

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
$190,000.00 - $380,000.00
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.

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.

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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.

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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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