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Procurement Specialist: Third Party Manufacturing

4 months ago


Abbott Park, United States Abbott Laboratories Full time

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.

**About Abbott**

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re 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. You’ll 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 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**

**Core Job Responsibilities**:

- Supports strategy development, cost savings initiatives, development of procurement tools and data, and supplier interactions.
- Assist with data gathering and analyses necessary for supplier selection, category strategy, supplier segmentation, and supplier negotiations.
- Escalate divisional supply issues related to suppliers within supported category. Analyzes possible solutions to supplier issues using knowledge of supplier capability, supplier performance, and internal customer needs. Communicates pertinent information to global procurement, internal customers, and suppliers to keep apprised and to prevent problems.
- As necessary, support divisions with resolution on issues contributing to non-standard work, including: invoicing issues, supplier delivery performance, quality events, etc.
- Execute against category strategies with guidance from strategic category leaders.
- Educate divisions on existing and potential solutions through procurement forums and sharing of global category strategies, tools, and data.
- Serve as representative on project teams representing the needs of the assigned categories and assure projects adhere to global category strategy.
- As necessary, support divisions with multi-division supply agreements, and supplier negotiations
- Create and execute RFIs, RFPs and RFQs
- Request for Information (RFI) - Request for information from suppliers related to capabilities, capacity, sustainability initiates, global footprint, etc. for development of strategies.
- Request for Proposal (RFP) - Request to suppliers to provide a solution to a problem or project. Examples: development/co-development of a component or product or automation of a process.
- Request for Quote (RFQ) - Request to suppliers to provide cost to produce a component, assembly, device which has been specified/designed by Abbott.
- Drive savings outcomes

**Strategic Thinking**:

- Proactively seek innovative ways to improve the procurement processes, supplier selection, supplier segmentation, expansion of diversity suppliers, and support to sustainability initiatives.
- Full understanding of the "One Procurement" strategies. Develop strong knowledge and project work across multiple categories that impact the team positively.
- Works within defined processes and procedures and may help determine appropriate approaches for change.

**Relationship Management**:

- Build rapport with suppliers within supported categories and support development of supplier relationship management (SRM) objectives.
- Seek and support business relationships with diverse suppliers.
- Meet regularly with divisional customers and support functions to ensure connectivity, alignment and continuous improvement.
- Exhibit cultural awareness with foreign business entities.
- Seek, develop, and maintain business relationships with suppliers and division stakeholders.
- Be a key contributor to projects as assigned.
- Thinks proactively about issues before they may arise and makes peers and leadership aware of risks/issues.

**Compliance**:

- Responsible for compliance with applicable Corporate and Divisional policies and procedures

**Accountability**:

- Strong sense of urgency to resolve issues and support needs of the business.
- Executes against the goals set by the Category Leads/Managers.

**Minimum Education**:

- Bachelor’s Degree: Engineering, Science, Business, or Financial Degrees.
- 2-4 years of or procurement, supply ch