TPM Procurement Specialist

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 115,000 colleagues serve people in more than 160 countries. Benefits 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 is an onsite opportunity within the Abbott Diabetes Care Division in Alameda, California. We are helping people with diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is committed to delivering innovative products, superior quality, and exceptional support to customers worldwide. Continuous glucose monitoring is transforming diabetes management, and our Procurement team plays a critical role in enabling innovation, supply continuity, and cost competitiveness across our portfolio. What You’ll Do Sends out requests for quotes (RFQ) or request for proposals (RFP) to suppliers and follows up with suppliers as needed to ensure bids are submitted by deadlines. Reviews supplier quotes for accuracy and creates supplier comparison reports that include various factors such as price, performance, project costs, tooling cost, and other metrics that are needed to make key supplier decisions. Creates purchase requisitions and internal approval forms and ultimately places Purchase Orders (PO) and manages the PO maintenance until it is closed to include invoice payment. Leads and executes assigned projects to assure all procurement activities are performed as required, including but not limited to ad hoc reporting, SOWs/RFI's/Ordering documents, etc., assisting with supplier selection, etc. Helps with sourcing activities such as finding new suppliers and recommending new vendors. Lead special projects as requested to reduce cost, increase efficiency, etc. Support contract negotiations within established limitations and scope of authority to obtain the best total cost of ownership, including but not limited to pricing, lead times, quality, performance, safety stock, and liability. Partner with R&D, Engineering, Product Development, and Operations teams to integrate procurement early in the product development lifecycle and accelerate commercialization efforts. Support the development and execution of sourcing strategies that balance cost, quality, supply continuity, innovation, and risk. Identify and mitigate supply chain risks related to capacity, geopolitical factors, single-source dependencies, business continuity, and regulatory compliance. Manage cross-functional project timelines and procurement deliverables to support successful product launches and business objectives. Ensure compliance with Abbott policies, procurement procedures, quality requirements, and applicable regulatory standards. Present sourcing strategies, supplier recommendations, business cases, and risk assessments to senior leadership. Requirements Required Bachelor's degree in Supply Chain Management, Business, Engineering, Operations, or a related field, or an equivalent combination of education and experience. Good attention to detail and high standards of accuracy. Strong financial acumen with the ability to evaluate business cases, cost models, investment opportunities, and supply chain tradeoffs. Excellent communication, influencing, presentation, and stakeholder management skills. Strong analytical, problem-solving, and project management capabilities. Preferred Preferred Knowledge of supplier management, should-cost analysis, and value engineering initiatives. Knowledge of medical devices, healthcare, life sciences, or other highly regulated industries. Knowledge of FDA, ISO, and other applicable quality and regulatory requirements. Certification in Supply Chain, Procurement, or Project Management disciplines (CPSM, CPM, CSCP, PMP, or equivalent). Travel Travel Up to 25% travel, including domestic and international supplier visits, business reviews, and new product launch activities. Base Pay The base pay for this position is $81,500.00 – $141,300.00 In specific locations, the pay range may vary from the range posted. Location & Shift LOCATION: United States > Alameda : 2801 Harbor Bay Parkway WORK SHIFT: Standard Medical Surveillance No Significant Work Activities Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day) Equality & Inclusion 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: About Abbott Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. #J-18808-Ljbffr Abbott Laboratories