Category Manager at Abbott

Temecula, 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

Strong understanding of "One Procurement" category strategies
Considered an SME across categories
Extensive market and supplier knowledge to drive lower TCO
Ability to manage PO approvals up to $2,000,000
Leverages professional expertise and relationships to contribute to strategy and drive business results

Responsibilities

Leading and executing the purchasing supply management activities for all categories and sub categories
Works closely with key stakeholders in both Corporate and Division organizations to develop effective cost reduction strategies and implementation plans
Nurtures stakeholder relationships by serving as a business partner; helping to identify critical business requirements and providing sourcing and procurement services that meet expectations
Drives reduced total cost of ownership by optimizing Tier 2 and Tier 3 supply chains
Represents Abbott strategically in the industry and community. Is recognized as a thought leader within strategic discipline
Significantly influences functional strategy. Leads initiatives
Proactively identifies areas of opportunity for new business opportunities; process improvement; and cost efficiencies
Provides insight to the business unit on how to best develop and leverage Supplier capabilities for the organization(s)
Responsible for implementing and maintaining the effectiveness of the quality system
Develops plans and delivers results in fast changing businesses environments
Develops and implements procurement plans and strategies to support business needs
Leads projects/initiatives that have significant impact upon global business
Anticipates internal/external business challenges and drives change
Leads project teams to achieve milestones and objectives
Solves complex problems; takes a broad perspective to identify solutions
Educates on existing solutions and enables performance and technical tools development
Develops supplier KPIs and management
Drives value and savings for categories
Collaborates with matrix functional organizations
Leads the development of functional strategy
Leads change

Skills

Key technologies and capabilities for this role

Category ManagementProcurementSupply Chain ManagementStakeholder ManagementPurchasing

Questions & Answers

Common questions about this position

What benefits does Abbott offer?

Abbott offers free medical coverage through 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?

The position is onsite in either Temecula, CA or St. Paul, MN.

What are the main responsibilities of the Category Manager role?

The role involves leading purchasing supply management for categories, developing cost reduction strategies with stakeholders, nurturing relationships, optimizing supply chains for lower total cost of ownership, and leading initiatives as a subject matter expert.

What is the company culture like at Abbott?

Abbott emphasizes work that matters, personal growth, learning, caring for yourself and family, being your true self, career development in an international company, and is recognized as a great place to work, one of the most admired companies, and best for diversity, working mothers, female executives, and scientists.

What makes a strong candidate for this Category Manager position?

Strong candidates should have extensive market and supplier knowledge, experience driving cost efficiencies and supply chain optimization, the ability to lead initiatives and influence strategy, and expertise as a subject matter expert in procurement categories.

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

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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