Procurement Manager - Ingredient Strategy
$99.3k - $198.7kAbbott Laboratories company
The Procurement Manager – Ingredient Strategy will lead the development of enterprise-wide sourcing strategies and drive high-impact initiatives that shape the future of Abbott’s ingredient portfolio. Key Responsibilities Strategy Leadership & Category Ownership – Define, develop, and execute global ingredient procurement strategies aligned with Abbott’s long‑term objectives; establish category strategies that guide decision‑making, investment priorities, and risk mitigation; serve as a thought leader on market trends, supply risks, and regulatory changes; drive innovation and sustainability initiatives across ingredient sourcing; manage purchasing activities and supplier spend in compliance with corporate procurement policies. Process Development & Strategic Roadmapping – Design and implement scalable procurement processes and strategic roadmaps; guide stakeholders through structured frameworks to align on goals, execution approach, and performance metrics. Analytics & Decision Support – Leverage advanced analytics to inform strategic decisions and optimize cost structures; identify opportunities for value creation and continuous improvement across categories. Enterprise Program Leadership – Lead procurement efforts within cross‑functional initiatives impacting quality, regulatory compliance, and R&D; manage high‑visibility programs from problem identification through solution implementation with minimal oversight; ensure alignment with corporate priorities and deliver results that strengthen supply continuity and positively impact P&L performance; champion continuous improvement in procurement tools, processes, and governance. Supplier Relationship Management – Build and maintain strategic supplier partnerships to drive innovation, resilience, and competitive advantage; lead complex negotiations and manage supplier performance at an executive level. Cross‑Functional Influence – Partner with senior leaders across R&D, Quality, Legal, Regulatory, and Supply Chain to deliver integrated solutions; present strategies, insights, and recommendations clearly to executive leadership and governance committees. People Leadership – Lead, coach, and develop a high‑performing procurement team; foster a culture of accountability, collaboration, and excellence; drive talent development and succession planning. Regulatory & Compliance Expertise – Monitor and respond to evolving global regulatory requirements impacting ingredient sourcing; partner with Legal, Quality, and Regulatory teams to ensure compliance; influence internal policy development and support external advocacy efforts. Required Qualifications Bachelor’s degree in Business, Supply Chain, Economics, Finance, or a related field. MBA or advanced degree strongly preferred. 6+ years of progressive procurement or strategic sourcing experience. Proven experience developing and executing business or category strategies. Demonstrated success leading enterprise‑level initiatives with measurable impact. Experience collaborating with and influencing senior leadership. Knowledge of regulatory frameworks and interaction with governmental agencies. Prior people leadership experience with a focus on team development. Experience in food, dairy, agriculture, or ingredient procurement preferred. Compensation The base pay for this position is $99,300.00 – $198,700.00. In specific locations, the pay range may vary from the range posted. Location United States – Columbus: 2900 Easton Square Place. Additional locations are available. Work shift: Standard. Travel: Yes, 20% of the time. Equal Opportunity Employer 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 - Español: #J-18808-Ljbffr
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