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NPI Associate Sourcing Manager
4 months ago
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.
NPI Associate Sourcing Manager
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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.
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The Opportunity
This role will be with the Abbott Electrophysiology Division and work be located in Plymouth, MN. Â 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.
The New Product Introduction (NPI) Sourcing Manager within Electrophysiology is responsible for the development and execution sourcing strategy for design and development phases of new product launches.  This role will support and influence internal/external stakeholders to ensure engagement, alignment, and business readiness to drive launch of new products from idea to commercialization with emphasis on quality, sustainability, supply chain risk, total cost of ownership, and technological capability.
What Youâll Work On
Lead the sourcing and supply chain aspects of new product development in collaboration with program managers, R&D, Design Assurance, Process Development, Quality, Regulatory and other functional groups throughout the NPI process.
Coordinate and collaborate with Strategic and Tactical procurement for supplier strategies and to operationalize procurement activities through development builds and commercialization.
May supervise program related buyers.
Negotiates complex Design, Development Agreements, Statements of Work and assist with terms leading to commercial Supply Agreements.
Leverages core business systems (SAP) and various software technologies to provide continuous improvements.
Drive initiatives for development and redesign of processes that optimize carrying cost, operational cost, obsolescence cost, and service levels.
Required Qualifications
Bachelorâs degree in Business, Engineering, Computer Science, Finance or related field.
Progressively responsible experience in materials management/purchasing.
5 yearsâ experience working in a highly regulated environment and proven familiarity with applicable regulations.
3 yearsâ experience working with MRP, DRP, ERP, forecasting, inventory management within SAP or similar system software.
Experience leading cross functional projects and teams.
Ability to travel approximately 5% - 15%, including internationally
Preferred Qualifications
Masters' degree preferred.
Experience negotiating complex contract terms with vendors, suppliers and contractors.
New Product Introduction within medical device or related industry experience is preferred.
* 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 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.
The base pay for this position is $83,000.00 â $166,000.00. In specific locations, the pay range may vary from the range posted.