Category Manager at Abbott

Alameda, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Experience in procurement, sourcing, or category management, particularly with critical electronics components
Ability to implement sourcing strategies for indirect or direct commodities
Skills in locating, analyzing, and developing a consolidated supplier base
Expertise in directing negotiation and management of contracts/agreements for medium to high risk and complexity commodities
Capability to provide guidance, mentoring, and coaching to purchasing/category management teams on contract management, agreements, policy development, negotiation, and supply chain activities
Knowledge of risk management strategies and developing short- and long-term strategies with risk/benefit analysis
Proficiency in maintaining budgets and performing cost analyses related to labor rates, charges, time, and materials
Experience monitoring supplier capability and performance for delivery, quality, and price commitments
Strong networking skills to maintain relationships with suppliers and the business community
Ability to lead projects ensuring procurement activities are performed as required
Skills in creating and maintaining long-term supplier partnerships for continuous improvement
Experience developing cross-functional teams to evaluate suppliers and understand division-wide needs
Understanding of key cost drivers, market factors, and ability to track and forecast them for assigned commodities
Ability to compile market condition information

Responsibilities

Direct and set procurement strategies for critical electronics components
Identify opportunities and take action for cost reduction, quality, and technology in conjunction with internal business areas and projects
Implement sourcing strategies to support objectives in indirect or direct commodities, providing competitive advantage in materials, supplies, and services
Locate, analyze, and develop a consolidated supplier base to meet current and future commodity needs
Direct the negotiation and management of contracts/agreements for assigned commodities with medium to high risk and medium to high complexity
Provide guidance and direction to the purchasing/category management team on contract management, agreements, policy development, negotiation, and supply chain activities, including mentoring and coaching
Develop risk management strategies and recommend short- and long-term strategies with defined risk/benefit approaches; develop alternate sources for steady flow of goods, materials, and/or services
Maintain budget and perform analyses of costs related to labor rates, charges, time, and cost of materials
Monitor supplier capability and performance to ensure maintenance of delivery, quality, and price commitments
Maintain and promote sound relationships with an extensive network of suppliers and the business community; connect team members with potential suppliers
Lead projects to assure all procurement activities are performed as required
Create and maintain mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement, including driving improvements with the supplier base
Develop cross-functional teams to understand division-wide needs and evaluate suppliers
Understand, track, and forecast key cost drivers and market factors for assigned commodities
Compile market condition information

Skills

Key technologies and capabilities for this role

ProcurementCategory ManagementGlobal SourcingStrategic SourcingSupply Chain ManagementElectronics ComponentsSupplier Management

Questions & Answers

Common questions about this position

What benefits does Abbott offer?

Abbott provides free medical coverage in the Health Investment Plan (HIP) PPO medical plan, an excellent retirement savings plan with high employer contribution, tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit for earning a bachelor’s degree.

Is this position remote or onsite?

This position works out of the Alameda, CA location.

What are the main responsibilities of the Category Manager role?

The role involves implementing sourcing strategies for commodities, developing a supplier base, directing negotiation and management of contracts, providing guidance to the purchasing team, and developing risk management strategies.

What is the company culture like at Abbott?

Abbott emphasizes work that matters, growth and learning opportunities, caring for yourself and family, being your true self, and living a full life. It is recognized as a great place to work worldwide, one of the most admired companies by Fortune, and excels in diversity, working mothers, female executives, and scientists.

What experience is needed to succeed in this Category Manager position?

Candidates should have expertise in directing procurement strategies for electronics components, sourcing strategies for commodities, supplier base development, contract negotiation and management, team mentoring in supply chain activities, and risk management strategies.

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees