Senior Procurement Specialist

at Abbott in Lake Forest, Illinois, United States

Job Description

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

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 .

- Free medical coverage for employees* via the Health Investment Plan (HIP) PPO

- 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.

The Opportunity

This position is available in either Lake County, IL or Scarborough, Maine locations in the Abbott Global Procurement Services supporting our Rapid Diagnostics division. Diagnostic testing is a compass, providing information that helps in the prevention, diagnosis and treatment of a range of health conditions.

Abbott’s life-changing tests and diagnostic tools give you accurate, timely information to better manage your health. We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

As the Senior Procurement Specialist, you’ll have the chance to implement the Category Procurement Strategy for Abbott’s Rapid Diagnostics business, working closely with Abbott’s Global Procurement team to drive synergies. This position is expected to be a key link among site procurement teams, the global procurement organization, and global category managers.

What You’ll Work On

+ Maintains good relations with internal and external customers by ensuring professional behavior consistent with Abbott Rapid Diagnostic’s policies and practices.

+ 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.

+ Monitors supplier performance, communicates and takes action to maintain high levels of supplier performance.

+ Lead supplier identification in partnership with Category Procurement through aligning business requirements with supplier profile and capability to maximize the value proposition to Abbott with a risk mitigation and prevention mindset.

+ Drive value and savings for categories.

+ Collaborates with other functions.

+ Develop and execute competitive bidding processes (e.g. RFPs, RFIs, …..).

+ Lead in-person fact-based negotiations with suppliers based on an internally approved plan.

+ Perform value analysis on costs and supplier quotes.

+ Create and manage project plans, identify resources to support projects, drive multiple projects through complex sourcing processes and ensure end results meet business expectations.

+ Ensures all procurement policies and procedures are aligned with internal stakeholders e.g. Legal, Risk Management, Supply Chain.

+ Develop comprehensive knowledge in the assigned category.

+ Participates in data tracking, analysis, recommendation/business case development, and reporting to include scorecard, market and supplier assessments.

+ Performs other duties and projects as assigned.

+ Complies with applicable corporate policies and procedures, and FDA/ISO/SOX regulations pertaining to the purchasing function.

Required Qualifications

+ Bachelor’s in Business Administration, Supply Chain, Finance, or Engineering.

+ 4+ years of professional experience, preferably in strategic procurement (sourcing) or supply chain

+ Ability to travel domestically up to 15%

Preferred Qualifications

+ Experience in a highly regulated matrix environment, preferably in the Healthcare Industry

+ Strong customer services skills, including engagement with management

+ Strong procurement skills including contracting, negotiations, and supplier relationship management.

+ Experience managing and acting to achieve KPIs such as savings target, cycle time reductions, etc.

+ Ability to identify a problem, work with extended team to frame it, determine root cause, drive to potential solutions, and build and present a business case

+ Strong skills with Microsoft Office suite, especially Excel

+ Certification from ISM or APICS is a plus

+ Understanding of Lean and/or Six Sigma concepts is a plus

• Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

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. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com , on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal

The base pay for this position is $72,700.00 – $145,300.00. In specific locations, the pay range may vary from the range posted.

An Equal Opportunity Employer

Abbot welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

To request accommodation, please call 224-667-4913 or email corpjat@abbott.com