Category Manager

2 weeks ago


Temecula, California, United States Abbott Full time
About Abbott

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.

Job Description

We are seeking a highly skilled Category Manager to join our team at Abbott. As a Category Manager, you will be responsible for directing and setting the strategies for goods, material and/or services, identifying opportunities for cost negotiation, contract development, capacity planning, project management, process development, cost and quality improvement plans and management of business reviews.

Key Responsibilities
  • Implement sourcing strategies to support a competitive advantage in the areas of materials, supplies, and services, leveraging analytics, market, supplier and competitive intelligence.
  • Manage a consolidated supplier base to meet current and future business needs, maintaining and promoting sound relationships with an extensive network of suppliers as well as the wider business community.
  • Lead the negotiation and management of contracts/agreements for assigned commodities with medium to high risk and medium to high complexity.
  • Identify and deliver gross margin improvement opportunities, collaborating cross-functionally to drive both commercial and design/process optimization.
  • Manage supplier performance against contracts, achievement of KPIs.
  • Develop risk management strategies and recommend short and long term initiatives with defined risks/benefits.
  • Develop robust contingency plans.
  • Understand, track and forecast the key cost drivers and market factors for assigned commodity.
  • Maintain budget and perform analysis of costs and delivery of agreed budget.
  • Monitor supplier capability and performance to ensure delivery of quality and price commitments.
  • Communicate forecasts and work to ensure supplier has sufficient capacity to support requirements.
  • Ensure early supplier participation in new product developments activities.
  • Lead projects to assure all procurement activities are performed as required. Lead weekly cross-functional Supplier Management Team meetings.
  • Conduct quarterly business reviews with the supplier.
Requirements
  • Bachelor's Degree in Business, Supply Chain or equivalent or an equivalent combination of education and work experience.
  • Minimum 10 years progressively responsible experience in purchasing/commodity management.
  • Minimum 3 years working in a highly regulated environment.
  • Minimum 8 years working with purchasing/commodity management software.
  • Substantial ability to work within a team and as an individual contributor in a fast-paced, changing environment.
Preferred Qualifications
  • 4-year degree strongly preferred.
  • Medical Device, Automotive, Pharma or Aerospace industry experience strongly preferred.
  • Experience with supplier negotiations, contract management and development, having developed category strategies in previous roles.
  • Supplier relationship management.
  • Financial acumen a plus.
  • Able to travel 10%-25% domestic, some international.

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