Senior IT Vendor Manager - Supplier Management Office at Abbott

Chicago, Illinois, United States

Abbott Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
HealthcareIndustries

Requirements

  • Overall, 10-15 years of experience including 7+ years in Vendor Management
  • Proven track record managing large-scale IT vendor portfolios and complex contract negotiations
  • Strong understanding of IT services, software licensing, cloud agreements, and outsourcing models
  • Exposure to legal processes/principles, pricing constructs and commercial best practices - confidentiality, data security and privacy
  • Multi-faceted approach to problem solving
  • Strategic perspective, sound business and finance judgment, deep analytical capabilities, and an energetic and collaborative working style

Responsibilities

  • Serve as the primary point of contact for strategic IT vendors, fostering long-term partnerships
  • Lead regular business reviews to assess vendor performance, resolve issues, and identify improvement opportunities
  • Lead financial forecasting, budgeting, and cost optimization initiatives related to vendor engagements
  • Analyze spend data to identify savings opportunities, rationalize vendor portfolios, and improve ROI
  • Support invoice validation, dispute resolution, and vendor payment processes in collaboration with finance and procurement
  • Support contract negotiations, ensuring alignment with IT strategy and licensing best practices

Skills

Vendor Management
Supplier Management
Contract Management
Performance Management
Financial Management
Risk Mitigation
Software Licensing
IT Asset Management
Procurement
Stakeholder Alignment

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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