Procurement Category Manager

Posted 17 Days Ago
Be an Early Applicant
Columbus, OH
97K-195K Annually
Senior level
Healthtech
The Role
The Procurement Category Manager will oversee sourcing strategies, supplier management, financial planning, and contract negotiation for production materials valued at up to $200MM, ensuring quality and timely supply with significant financial impact.
Summary Generated by Built In

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 DESCRIPTION:

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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 a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

We have an immediate opportunity for a Procurement Manager - Ingredient Sourcing & Risk Manager in our Columbus, Easton Square, OH location.

  • As the Procurement Manager, you will provide up to $200MM of production materials, through over 55 suppliers to Abbott Nutrition’s worldwide facilities. 

  • Magnitude of division purchases often places incumbent in lead negotiation position to secure contracts to meet the needs of the division and may affect other divisions of Abbott.  Nature of contracts negotiated may commit resources and capital for multiple years with direct and significant impact to the profit margins of the corporation.  Responsible for planning and executing purchase strategies within global commodities to secure supply of products and services that may provide a strategic advantage in future development of products by R&D. 

What You'll Work On:

· Raw Material Sourcing and Procurement Optimization:

· Locations: N.A. (6), Europe (4), Asia (3) and TPM support as required.

· Responsible for the consistent supply of quality raw materials, on time, to support manufacturing operations with no interruption in supply. 

· Secure  consistency of contracts across the global commodities.

· Supplier Management:

· Establish and maintain relationships with new and existing suppliers worldwide.

· Facilitate supplier selection and ongoing supplier relationships with other areas of AN including Engineering, Package Development, R&D, QA, Creative Services and plants.

· Leverage relationships to satisfy strategic procurement requirements for the corporation.

· Financial:

· Responsible for division purchases and commitment of funds up to $200MM.

· Establish and submit financial plans to Category Manager for global commodities .

· Responsibility for delivering against financial plans, updates and LRP.

· Cost Savings / Avoidance:

· Responsible for the strategies and programs to minimize the cost of materials and services.

· Identification and initiation across the Division of cost savings projects using internal and external resources.

· Leadership:

· Coach and inspire global others to assure they are successful and aligned with the AN Vision.

Major Responsibilities:

Responsible for implementing and maintaining the effectiveness of the quality system.

In addition to the primary function/goals/objectives, the incumbent is responsible for the following:

· Performance measurements of the purchasing function are actual vs. planned cost, or Purchase Price Variance (PPV), supplier performance, cost reduction/avoidance, and raw material inventory days on hand, manufacturing plant delivery, customer service backorder performance and other pertinent AN business metrics.  The incumbent will be responsible for finding ways to optimize the performance measurements in short and long-term horizons.

· Take risks and make decisions in the areas of 1) contingency plans in anticipation of changes in commodity supply, 2) action plans for maximized savings or cost avoidance, and 3) develop and quantify risks to support marketing strategies.

Maintain knowledge of relevant market trends, behaviors and assessment to the impact of the AN business.

Accountability / Scope/Budget:

This position reports to the Global Category Manager, Abbott Nutritionals. 

· The incumbent is responsible for up to $200MM of purchases

· Over 10 globally located manufacturing facilities

· Management of a base of over 200 suppliers

Contract authority up to $25MM.

Required Qualifications

  • Bachelor’s degree in Materials Management, Business, Operations, Finance, or a Technical field.

  • Knowledge of applicable regulatory standards and requirements for infant formula and nutritionals.

  • 6-8+ years of combined experience in operations and supply chain management, including areas such as purchasing, planning, inventory control, finance, logistics, or related fields.

  • At least 2-4 years of experience in staff management and development.

    Preferred Qualifications

    • Strong skills in:

      • Analysis and problem-solving

      • Planning and goal setting

      • Motivation and leadership

      • Human relations and diplomacy

      • Written and oral communication

    • Certification by:

      • Institute of Supply Management (ISM)

      • The Association for Operations Management (APICS)

    • Additional activity or involvement with ISM and APICS.

    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.

         

    The base pay for this position is

    $97,300.00 – $194,700.00

    In specific locations, the pay range may vary from the range posted.

         

    JOB FAMILY:Category Management

         

    DIVISION:GPS Global Purchasing Services

            

    LOCATION:United States > Columbus : 2900 Easton Square Place

         

    ADDITIONAL LOCATIONS:

         

    WORK SHIFT:Standard

         

    TRAVEL:Not specified

         

    MEDICAL SURVEILLANCE:No

         

    SIGNIFICANT WORK ACTIVITIES:Keyboard use (greater or equal to 50% of the workday)

         

    Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

         

    EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

         

    EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

    Top Skills

    Finance
    Materials Management
    Operations
    Supply Chain Management
    Am I A Good Fit?
    beta
    Get Personalized Job Insights.
    Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

    The Company
    Abbot Park, IL
    97,838 Employees
    On-site Workplace

    What We Do

    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 109,000 colleagues serve people in more than 160 countries.

    Similar Jobs

    Cleveland, OH, USA
    16053 Employees
    110K-120K Annually
    Grandview, OH, USA
    239 Employees

    The PNC Financial Services Group Logo The PNC Financial Services Group

    Service Specialist Senior

    Machine Learning • Payments • Security • Software • Financial Services
    Hybrid
    Miamisburg, OH, USA
    55000 Employees

    Babylist Logo Babylist

    Fulfillment Center Operations Supervisor - Overnight

    eCommerce • Healthtech • Kids + Family • Retail • Social Media
    Easy Apply
    Hybrid
    Lockbourne, OH, USA
    300 Employees
    66K-78K

    Similar Companies Hiring

    Mochi Health Thumbnail
    Telehealth • Healthtech
    San Francisco, CA
    70 Employees
    Cencora Thumbnail
    Pharmaceutical • Logistics • Healthtech
    Conshohocken, PA
    46000 Employees
    Stepful Thumbnail
    Software • Healthtech • Edtech • Artificial Intelligence
    New York, New York
    60 Employees

    Sign up now Access later

    Create Free Account

    Please log in or sign up to report this job.

    Create Free Account