Sourcing Manager

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 115,000 colleagues serve people in more than 160 countries.

Job Title

Sourcing Manager

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.

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

• 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

We currently have an opportunity for a Sourcing Manager in Sylmar, CA in the CRM Division.

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.

• 10 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.

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