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Procurement Manager TPM Strategy
2 months ago
About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve peopleâs health. Weâre 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. Youâll 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 bachelorâs 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 an onsite opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives.  As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers. Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so weâre committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.
As a Procurement Manager TPM Strategy, you will be responsible to elevate supplier performance and mitigate risk associated with new and existing third-party manufacturers globally through a diverse series of activities both commercial and operational. The role is accountable to plan and execute initiatives to deliver bottom-line growth through cost savings programs. The individual is responsible for coordination of the initiatives from the initial planning, the commercial negotiation, and the full commercial readiness activities.  The role is responsible to liaise with cross functional teams and internal stakeholders to understand the TPM processes and activities. The role will partner with the Category Management team and Corporate purchasing functions to understand pricing structure for key components and engage with the TPM's to drive transparency in the overall pricing structure supporting pricing negotiations as required. The Procurement Manager TPM Strategy supervises and monitors key commercial KPI's with specific focus on fostering collaboration and continuous improvement to ensure the highest level of performance. This is on onsite opportunity in Alameda, CA.
What You'll Do
- Develops and prioritizes TPM commercial goals and objectives, measures performance, and implements corrective actions when necessary.
- Develops objectives and programs to reduce the total acquisition costs (product/component cost glide paths). Develops and implements consistent performance metrics for TPMs.
- Responsible for providing leadership in identifying and developing reliable and cost effective manufacturing processes for all new and existing products/components manufactured by TPMs.
- Lead cross-functional project activities to set up the supply chain with new TPMs (from raw materials sourcing to manufacturing to distribution). Develop and maintain timelines for the TPM activities in the project, and manage the project expense budget to support the start-up.
- Responsible for knowledge of TPM business, systems and processes through close work with Quality Assurance, Engineering, R&D, Purchasing, Regulatory, Legal, Supply Chain, and Logistics.
- Ensure TPM governance is established to ensure clear roles and responsibilities, review process and commercial metrics.
- Responsible for compliance with applicable Corporate and Division policies and procedures.
- Evaluates cost / benefit of various financial scenarios and makes recommendations to senior management.
- Knowledge of regulatory and compliance requirements linked to manufacturing.
Experience You'll Bring
Required
- Bachelors Degree
- Minimum 10 years of Contract negotiation skills; project management certification
Apply Now
* 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:Â 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.
Divisional Information
Medical Devices
General Medical Devices:
Our medical devices help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine ï¬ngersticks.
CRM
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.
Diabetes
Weâre focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. Weâre revolutionizing the way people monitor their glucose levels with our new sensing technology.
Vascular
Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.
Neuromodulation
Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.
Structural Heart
Structural Heart Business Mission:Â why we exist
Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.
EP
In Abbottâs Electrophysiology (EP) business, weâre advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.
HF
In Abbottâs Heart Failure (HF) business, weâre developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.
Diagnostics
Weâre 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 Abbottâs diagnostics instruments, providing lab results for millions of people.
Abbott Molecular is a leader in molecular diagnostics and the analysis of DNA, RNA, and proteins at the molecular level.
Our Point of Care diagnostic portfolio spans key heath and therapeutic areas, including infections disease, cardiometabolic, informatics and toxicology.
Our diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.
Our rapid diagnostics solutions are helping address some of the worldâs greatest healthcare challenges.
Nutrition
Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands â including Similac®, PediaSure®, Pedialyte®, Ensure®, Glucerna® â to help get the nutrients they need to live their healthiest life.
The base pay for this position is $109,300.00 â $218,500.00. In specific locations, the pay range may vary from the range posted.
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