Abbott

Sourcing Manager

Abbott$86K — $173K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in related field or equivalent experience
  • 6+ years in purchasing/commodity management
  • Strong negotiation skills in purchasing agreements
  • In-depth contract management experience
  • Ability to work in a diverse, matrixed environment
  • Effective communicator across multiple organization levels
  • Strong multitasking and organizational abilities

Responsibilities

  • Implement category and sourcing strategies aligned with business objectives
  • Identify and develop supplier base for current and future needs
  • Negotiate and manage contracts for high-risk commodities
  • Guide manufacturing teams on category strategy and supplier performance
  • Develop risk management strategies supporting Supply Resilience initiatives
  • Analyze costs related to materials and labor rates
  • Monitor supplier performance to ensure contractual commitments are met

Benefits

  • Diverse health and wellness benefits
  • Opportunities for career development
  • Support for Quality Management and regulatory compliance
  • Collaborative work culture with positive communication
  • Potential international travel opportunities
Full Job Description
JOB DESCRIPTION:

Job Title

Sourcing Manager

The Opportunity

We currently have an opportunity for a Sourcing Manager in Sylmar, CA or Scottsdale, AZ in the CRM Division. This is a fully onsite role.

As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

The Sourcing Manager is responsible for defining and executing multi-year category strategy roadmap on assigned component categories to include all facets of strategic procurement, including but not limited to: value creation, cost reduction, alignment with business strategy, risk mitigation, and supplier performance.

What You'll Work On
  • Implements category, negotiation, and sourcing strategies of assigned material categories in alignment with business and manufacturing short-term and long-term objectives
  • Identifies, analyzes and develops the appropriate supplier base to meet current and future commodity needs, taking into consider new technologies, end of life product cycles, and site localization objectives
  • Directs and executes the negotiation and management of contracts/agreements for assigned commodities with medium to high risk and medium to high complexity
  • Provides guidance and support to manufacturing site(s) purchasing team for clear alignment on category strategy execution, supplier communications and messaging, supplier performance escalations, and other supply chain activities
  • Develops clear risk identification and management strategies for short and long term with defined risk/benefit analysis in support of Supply Resilience initiative
  • Performs analyses of costs related to labor rates, charges, time, and cost of materials
  • Monitors supplier capability and performance to ensure maintenance of delivery, quality, price, and other contractual commitments
  • Maintains and promotes sound relationships with extensive network of suppliers and business community. Connects other team members with potential suppliers
  • Leads projects to assure all procurement activities are performed as required
  • Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback, continuous improvement, and innovation
  • Develops cross-functional teams to understand and to document division-wide needs
  • Understands, tracks, and forecasts the key cost drivers and market factors for assigned commodities
  • Compiles market condition information regarding commodities and suppliers and suggests/implements business strategy changes
  • Responsible for the development of materials policies and procedures
  • Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
  • Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments.
  • Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.


EDUCATION AND EXPERIENCE YOU'LL BRING

Required Experience
  • Bachelor's Degree in related field or equivalent combination of education and work experience.
  • Minimum 6 years of experience in purchasing/commodity management.
  • Strong experience in negotiating terms in purchasing agreements.
  • In depth experience in contract management.
  • 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.
  • Multitasks, prioritizes and meets deadlines in timely manner. Strong organizational and follow-up skills, as well as attention to detail.
  • Ability to travel approximately up to 20%, including internationally


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
$86,700.00 - $173,300.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Category Management

DIVISION:
CRM Cardiac Rhythm Management

LOCATION:
United States > Scottsdale : 8300 E. Pacesetter Way

ADDITIONAL LOCATIONS:
United States > Sylmar : 15900 Valley View Court

WORK SHIFT:
Standard

TRAVEL:
Yes, 25 % 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

Similar Jobs

More Jobs at Abbott

More Healthcare Jobs

Find similar Sourcing Manager jobs: