Director Procurement

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.

Job Title:

Director Procurement

WHAT YOU’LL DO

The Director of Procurement will be responsible for capital expenditure procurement globally, including the Investment Recovery program, Construction, Engineering Services, and Production Equipment. Drives "One Abbott Procurement" vision across divisions globally and influence synergies among divisions. Works closely with key stakeholders in both Corporate and Division organizations to develop effective cost reduction strategies and implementation plans. Nurtures stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services that exceed expectations. Leverages extensive market and supplier knowledge to drive lower TCO. Represents Abbott strategically in the industry and community.

• Proactively identifies new business opportunities, process improvement, and cost efficiencies.
• Provides insight to the business unit(s) on how to best develop and leverage Supplier capabilities for the organization(s).
• Primary point of contact for overall category needs.
• Responsible for prioritizing demand globally across the category.
• Balances organizational priorities and divisional priorities with spend profile, influencing decisions that protect company assets

CORE JOB RESPONSIBILITIES

• Responsible for managing all capital procurement globally, which includes over $1.3B of spend.
• Understands business requirements and challenges; including priorities, must win battles and key value drivers. Transforms this understanding into solutions and the category sourcing strategies.
• Confirms business objectives, challenges, projects, requirements and expectations and translates into category strategic planning processes and solutions.
• Provide the business compelling category and sourcing insights to contribute to business strategies.
• Lead a team of direct reports as well as influence dotted line reports in other parts of the world or within divisions
• Drives Value Creation: Identifies specific cost improvement opportunities and presents them to various divisional leadership for prioritization, resourcing and implementation; aligns with regional teams on the implementation plans and drives execution and adherence to the strategy.
• Own and measure cost improvement targets and projects. Report out to the key business stakeholders as appropriate.
• Enable supplier evaluation processes and KPIs definition and monitoring.
• Research supply base and industry / marketplace.
• Conduct analysis on industry, regional and divisional requirements and suppliers.
• Lead the development of benchmarks globally and understand category industry dynamics with other industry peers in order to bring best practices.
• Guide stakeholders (internal and external) on how to structure and implement RFQs/RFIs/RFPs to obtain best-in-class supplier capabilities.
• Provide support during the vendor screening and vendor selection process
• Develop and drive fact-based negotiation strategies with high profile vendors within assigned categories
• Ability to work with various legal and business functions to execute Master Service Agreements and Statements of Work between Abbott and suppliers
• Recommend process improvements to streamline for efficiencies
• Communicate issues to leadership while driving for resolution
• Utilize technology and tools effectively

Required Qualifications

• BA/BS required (BS in Engineering or a related field is preferred). MBA is a plus.
• Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM) or similar certification desirable.
• 12+ years of Procurement and/or deep Category experience. Some functional experience.
• 7+ years of leadership experience.
• Project Management Professional (PMP) or similar certification desirable.

• Past roles as Civil Engineer, Maintenance Engineer, Construction Management or similar highly desirable.
• Certified Manager of Investment Recovery (CMIR) through The Investment Recovery Association or working on this certification highly preferred.
• Ability to develop actionable implementation plans.
• Relevant business process knowledge, as related to Procurement and Category Management.
• Extensive knowledge of category technologies and products.

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:

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.

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The base pay for this position is $147,300.00 – $294,700.00. In specific locations, the pay range may vary from the range posted.