Procurement Manager

JOB DESCRIPTION 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. Benefits 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. What You’ll Work On Partner with cross‑functional stakeholders (Operations, Planning, Engineering, Quality, and Finance) to anticipate demand and ensure alignment of procurement strategies with business needs. Develop and execute purchasing plans, including cost estimates, capacity assessments, and supply continuity strategies. Evaluate, select, and onboard suppliers in alignment with quality, regulatory, and business requirements. Lead commercial negotiations within established authority, including pricing, payment terms, and long‑term supply agreements. Drive supplier performance management, including delivery, quality, cost, and risk mitigation. Develop and implement procurement policies, tools, and standard work to ensure consistent evaluation of supplier proposals and performance. Analyze internal purchasing trends and external market conditions to identify cost savings opportunities, including bulk purchasing and value engineering. Monitor industry trends, supply risks, and new product offerings to proactively adjust sourcing strategies. Establish and manage strategic supplier relationships to ensure continuity of supply and high service levels. Lead and develop a team of procurement professionals, setting objectives, managing performance, and building organizational capability. Support new product introduction (NPI) and product lifecycle management through close collaboration with Engineering and Quality teams. Utilize ERP systems (SAP) and analytics tools to drive data‑based decision making, reporting, and performance tracking. Required Qualifications Bachelor’s degree in supply chain, Business, Engineering, or related field. 7+ years of relevant experience in procurement, sourcing, or supply chain management. Experience operating in a regulated environment (medical device, pharma, or similar preferred). Demonstrated experience in supplier management, contract negotiation, and issue resolution. Strong analytical capabilities, including experience with cost analysis, forecasting, and data‑driven decision making. Experience with ERP systems (SAP preferred) and procurement reporting tools. Proven ability to lead projects and influence cross‑functional stakeholders. Strong communication, organization, and problem‑solving skills. Preferred Qualifications Medical device or other highly regulated industry experience. Experience supporting New Product Introduction (NPI) and working with Engineering and Quality teams. Demonstrated ability to manage supplier risk and develop continuity of supply strategies. Experience in a matrixed, global organization. People leadership experience, including team development and performance management. Advanced analytics capabilities (Excel, Power BI, or similar tools). Strong commercial acumen with experience driving cost reduction and value improvement initiatives. Ability to balance tactical execution with strategic sourcing responsibilities in a fast‑paced environment. The base pay for this position is $114,000.00 – $228,000.00. In specific locations, the pay range may vary from the range posted. JOB FAMILY: Category Management DIVISION: HF Heart Failure LOCATION: United States > Pleasanton : 6035 Stoneridge Dr ADDITIONAL LOCATIONS: See internal posting WORK SHIFT: Standard TRAVEL: Yes, 10 % of the Time MEDICAL SURVEILLANCE: No SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day) Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: EEO is the Law link - Espanol: #J-18808-Ljbffr