Procurement Manager - Third Party Manufacturing

This position works out of our Alameda, CA location in the Diabetes Care division where we’re focused on helping people with diabetes manage their health with life‑changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people monitor their glucose levels with our new sensing technology. This role leads Third‑Party Manufacturing (TPM) operations, cost optimization, supply risk mitigation and supplier performance. The position requires strong leadership, analytical skills, and strategic thinking to ensure supply continuity, financial control, and compliance with applicable policies and procedures. This is a key role to meet divisions operational and financial goals. Supply Chain Planning & Optimization Partner with Supply Planning and site leadership to support integrated business planning. Ensure optimal raw material availability and capacity allocation. Align operational plans with enterprise objectives to support business continuity and growth. Risk Management & Business Continuity Identify and assess supply continuity risks; implement mitigation strategies. Collaborate with Category Teams and TPMs to anticipate risks and develop contingency plans. Define and maintain strategic safety stock levels with Category, Finance, and TPM teams. Financial Leadership Develop dynamic cost models to forecast and evaluate market and operational impacts. Ensure accuracy of TPM PPV reports and oversee reconciliation processes. Analyze yield loss drivers, lead improvement projects, and present insights to senior leadership. Establish governance and monitoring processes for prepaid inventory at TPMs. Cost & Contract Negotiations Lead annual pricing negotiations and headcount reviews aligned with cost objectives. Drive Gross Margin Improvement initiatives through TPM collaboration. Negotiate short‑ and long‑term contracts to optimize total cost of ownership. Escalate critical commercial issues to TPM leadership for resolution. Strategic Supplier Relationship Management Maintain executive‑level engagement with TPM account managers and site leadership. Conduct structured business reviews to drive performance, innovation, and continuous improvement. Quality Governance Partner with Supplier/TPM Quality Assurance to develop supplier scorecards and metrics. Support and facilitate supplier audits to ensure compliance and quality standards. Collaborate with Quality teams to address and resolve performance gaps. New Product Introduction (NPI) Enablement Participate in R&D and project governance meetings for seamless product launches. Manage RFQ/RFP processes with suppliers for timely and competitive bids. Lead initiatives to minimize Excess & Obsolescence (E&O) risk through cross‑functional engagement. Additional Responsibilities Review supplier quotes for accuracy and prepare comparison reports. Create purchase requisitions, manage approvals, and maintain POs through closure. Act as first‑line responder, pivoting between strategy, operations, and transactional sourcing. Lead and execute assigned projects, including ad‑hoc reporting, SOWs, and supplier selection. Maintain and update supplier databases; generate reports for proactive planning. Provide coaching and mentoring to junior team members. Drive continuous improvement initiatives for procurement processes and analytics. Ensure compliance with QMS, EMS, GMP, FDA regulations, and company policies. Required Qualifications Bachelor’s Degree or equivalent combination of education and work experience Preferred Qualifications MBA preferred Professional certifications in Procurement or Supply Chain such as CPSM, CIPS, CPP, CPIM, or equivalent are highly desirable. English proficiency required; bilingual or multilingual capability is considered a strong asset for global collaboration. Minimum 7 years of progressive experience in Procurement, Operations, or Supply Chain, with a proven track record of delivering strategic outcomes. Prior experience in purchasing, sourcing, commodity management, and/or category management is highly valued. Hands‑on expertise with MRP/ERP systems (SAP, Ariba), advanced data analytics tools, and data visualization platforms will be an added advantage. Strong proficiency in advanced MS Excel for financial modeling. Ability to assess cost drivers and their impact on Abbott and Third‑Party Manufacturers. 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. Abbott is an Equal Opportunity Employer, committed to employee diversity. #J-18808-Ljbffr