Senior Manager Strategic Sourcing and Category Management

About Abbott

Abbott is a global health care leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

At Abbott, you can do work that matters, grow, and learn, care for your self and 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.
• Free medical coverage for employees via the Health Investment Plan (HIP) PPO.
• An excellent retirement savings plan with high employer contribution.
• Tuition reimbursement program – an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries and named one of the most admired companies by Fortune.
• Our company is recognized as one of the best big companies to work for and a diversity, women's, and scientific workplace.

This position works out of our Plymouth, MN location in the Structural Heart division.

Structural Heart Business Mission:
Why We Exist. Our business purpose is to restore health and improve quality of life by designing and providing device and management solutions for treating structural heart disease.

This position is part of Structural Heart’s Strategic sourcing and category management team within supply chain. It drives gross margin improvement through negotiation, supplier transfer projects, and supplier process improvement, assessing supplier risks, developing and implementing supplier resiliency actions. It manages core categories, segments and selects strategic suppliers globally, negotiates large complex supply agreements, develops supply chain commodity management strategies, prepares cost‑benefit analysis, and manages contract and supplier relations.

The role works directly with Global Procurement, Program Management, NPI, Legal, Finance, and manufacturing sites to create an effective supply chain for new and on‑market products and provides strategic leadership to multiple sites regarding broad purchasing policies and practices in support of quality, cost and service.

• Develop and own category strategy and supplier strategy based on Structural Heart’s technology roadmap.
• Partner with cross‑functional teams to understand current and future business needs for supplier capabilities and build a technology roadmap for the category.
• Develop multi‑year gross margin improvement strategy involving broad spectrum levers not limited to periodic negotiations, supplier transfer projects, supplier process improvements and deliver on gross margin improvement initiatives in line with business goals.
• Participate in standard cost setting process and provide guidance to site supply chain and finance annually.
• Segment suppliers and develop segmented supplier relationship management strategy and engagement plan.
• Develop and advance sourcing and supply strategies throughout each stage of the product lifecycle, including new product launch planning and execution through to product rationalization and end of life.
• Own and deliver on strategy to execute large complex master supply agreements.
• Partner with manufacturing sites, network strategy, new product development teams to build ideation pipeline for risk mitigation and margin improvement.
• Effectively negotiate and facilitate win‑win solutions with suppliers throughout the global supply chain.
• Utilize market trends and internal/external competitive benchmarks to influence supply chain solutions.
• Ensure compliance with FDA regulations, other regulatory requirements, company policies, operating procedures, processes, and task assignments.
• Build collaborative relationships with matrixed organization of R&D, NPI, Finance, PMO, Site SC, Manufacturing teams.
• Maintain positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and suppliers.

• Minimum 10 years progressively responsible for strategic sourcing and category management spend.
• Experience in organizations with low volume and high mix product families.
• M…