Sr. Commodity Manager

Job Description

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.

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

This position works out of our Pleasanton, CA location in the Heart Failure Division. In Abbott’s Heart Failure (HF) business, we’re developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.

This role will plan, direct, and monitor all purchasing activities so that the goods, materials, supplies, and services the organization buys meet its standards of price, quality, timing, and reliability of supply.

What You’ll Work On

Implements sourcing strategies to support objectives in the area of indirect or direct commodities, providing the entity a competitive advantage in the areas of materials, supplies, and services

Locates, analyzes and develops a consolidated supplier base to meet current and future commodity needs.

Negotiates and manages contracts / agreements for assigned commodities with low to high risk and low to high complexity.

Administers agreements per best practices.

Develops risk management strategies and recommends short and long terms strategies with defined risk / benefit strategies.  Develops alternate sources to ensure a steady flow of goods, materials, and / or services.

Maintains budget and performs analyses of costs related to labor rates, charges, time, and cost of materials.

Monitors supplier capability and performance to ensure maintenance of deliver, quality and price commitments.

Maintains and promotes sound relationships with suppliers and business community.

Supports projects to assure all procurement activities are performed as required.

Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement. This includes driving continuous improvements with the supplier base.

Develops cross-functional teams to understand division-wide needs and evaluate suppliers.

Understands, tracks and forecasts the key cost drivers  and market factors for assigned commodities.

Compiles market condition information regarding commodities and suppliers and suggests / implements business strategy changes.

Leads in the development of materials policies and procedures.

Required Qualifications

Associates Degree

Minimum 4+ years of related work experience

Preferred Qualifications

Bachelors degree in Supply Chain or related study

7+ years of related work experience

Experience in Medical Devices or Regulated Environment

Apply Now

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 $112,000.00 – $224,000.00. In specific locations, the pay range may vary from the range posted.