Abbott

Sourcing Manager

Abbott • $99K — $198K *
Plano, TX 75025In-Person
Healthcare
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required.
  • 3-5 years of Category/Commodity Management experience.
  • 3-5 years of Contract experience required.
  • Good organizational skills with program/project management governance.
  • Strong communication skills (written and verbal).
  • Experience with Supplier management and actionable implementation planning.
  • Extensive knowledge of category technologies and products.

Responsibilities

  • Develop business unit sourcing strategies and implement actionable programs.
  • Influence stakeholders to evolve sourcing strategies based on priorities and market trends.
  • Drive Total Cost of Ownership improvements through cost reduction initiatives.
  • Advise on best practices and lead cross-functional global initiatives.
  • Collaborate with stakeholders to ensure timely delivery of services.
  • Ensure contract alignment with business needs and organizational goals.
  • Build relationships with suppliers and stakeholders to achieve business objectives.

Benefits

  • Comprehensive health and wellness benefits for employees and families.
Full Job Description
JOB DESCRIPTION:

Job Title

Sourcing Manager

The Opportunity

This position works out of our Plano, TX location in the Neuromodulation Division. Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.

The Sourcing Manager is responsible for the purchasing and supply management activities for multiple categories with focus in Mechanical, Batteries, and/or Precious Metals. 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 manager will drive reduced total cost of ownership by optimizing tier 2 and tier 3 supply chains and leverage extensive market and supplier knowledge. They will proactively identify areas of opportunity for new business opportunities, process improvement, and cost efficiencies. They will deliver supply continuity by working through issues with suppliers. They will also provide longer range strategy insight to the Neuromodulation business unit on how to best develop and leverage supplier capabilities for the organization(s).

What You'll Work On
  • Develop business unit sourcing strategies and translate them into actionable programs and projects.
  • Influence and partner with business leaders and Corporate Procurement to develop and evolve sourcing strategies based on business priorities and market dynamics.
  • Drive Total Cost of Ownership improvements across departments and with suppliers through analytics, financial acumen, market intelligence, and cost reduction initiatives while balancing quality, service, and risk.
  • Advise business units on industry best practices and sourcing strategies; lead global, cross-functional initiatives across virtual teams and cultures.
  • Collaborate closely with internal stakeholders to ensure timely delivery of services consistent with agreed service levels.
  • Ensure contract terms and conditions align with business requirements and organizational objectives.
  • Build and maintain strong relationships with suppliers and internal stakeholders to foster collaboration and achieve business goals.
  • Evaluate, select, and recommend suppliers in partnership with R&D, Quality, Operations, Regulatory, and other key functions.
  • Serve as the primary supplier relationship owner, managing strategic partnerships, supplier performance, quality, delivery, and pricing.
  • Monitor supplier and market performance across regions to identify opportunities for continuous improvement, cost avoidance, and risk mitigation.
  • Negotiate commercial agreements and major purchases within established authority limits.


Required Qualifications
  • Bachelor's degree or equivalent experience required.
  • 3-5 years of deep Category/Commodity Management experience.
  • 3-5 years of Contract experience
  • Good organizational skills, including program/project management governance.
  • Strong communication skills (written and verbal) Strong interdisciplinary, intercultural, influence, and networking skills.
  • 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 Qualifications
  • 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


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

The base pay for this position is
$99,300.00 - $198,700.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Category Management

DIVISION:
NM Neuromodulation

LOCATION:
United States > Texas > Plano : 6901 Preston Road

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Yes, 20 % of the Time

MEDICAL SURVEILLANCE:
Not Applicable

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), Continuous walking for prolonged periods (more than 2 hours at a time 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.

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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
Healthcare
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ
ABT
* Ladders Estimates

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