Capital Procurement Manager

Abbott

Alameda (CA)

On-site

USD 131,000 - 261,000

Full time

14 days+

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Benefits offered by this job

Free medical coverage (HIP PPO)
Retirement savings plan
Tuition reimbursement
FreeU education benefit

Job summary

Abbott, a global healthcare leader, invites you to join the Capital Procurement team in Alameda, CA. You will support capital equipment expansion, develop category strategy, manage SRM, and collaborate with Operations and Engineering to forecast automation needs.

This onsite role offers travel up to 20% and opportunities to lead international negotiations. A Bachelor's degree and 5+ years in procurement are required; Master’s preferred for advancement.

Qualifications

  • Bachelor’s degree in a related field.
  • Minimum of five years in procurement or supply chain.
  • Understanding of capital equipment markets and key industry players.
  • Collaborates with engineers, project managers, and finance.
  • Adheres to company policies, laws, and procurement guidelines.
  • Strong interdisciplinary and networking skills.
  • Excellent negotiation; led at least one major international deal.

Responsibilities

  • Build relationships with key suppliers and maintain regular leadership communications.
  • Develop and implement the global Capital strategy with Operations and Engineering.
  • Negotiate favorable terms and value for ADC (capital purchases).
  • Support program management to deliver Capital purchases on time and on budget.
  • Develop understanding of automation landscape and top suppliers.

Skills

Procurement
Supplier Relationship Management
Negotiation
Cross-functional Collaboration
Risk Management
Capital Procurement
Category Management
Engineering Collaboration

Education

Bachelor's Degree
Master’s Degree

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.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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.
  • 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 Capital Procurement Manager, you will be responsible for supporting capital equipment expansion, developing and implementing the capital procurement category strategy, Supplier Relationship Management (SRM), and cross functional collaboration. This role works in close collaboration with global Operations and Engineering teams to strategically forecast automation and assembly equipment needs in support of the goals and objectives of the business.

This is an onsite opportunity in Alameda, CA.

Up to 20% travel, including domestic and international

What You’ll Work On
  • Build relationships with key suppliers and maintain regular leadership communications, serving as the main point of contact for all commercial discussions.
  • In close collaboration with Operations and Engineering, develop and implement the global Capital strategy.
  • Negotiate value for ADC to include commercially favorable terms (reduced cost, shorter lead times, improved quality).
  • Support overall program management to ensure Capital purchases are delivered on time and on budget.
  • Develop an understanding of the automation landscape, including top suppliers, best practices, largest customers, and new technologies.
Required Qualifications
  • Bachelors Degree, preferably in related field.
  • Minimum of five (5) years of experience within procurement and/or supply chain management.
  • Thorough understanding of the capital equipment market, industry standards, and key players within the relevant sectors.
  • Effectively collaborates with internal stakeholders to include engineers, project managers, and finance teams to align procurement strategies with project needs.
  • Ensures adherence to company policies, legal regulations, and Procurement guidelines.
  • Strong interdisciplinary, intercultural, influence, and networking skills.
  • Ability to identify and mitigate potential risks associated with capital procurement, such as supplier performance, market fluctuations, and regulatory compliance.
  • Relevant business process knowledge, as related to Procurement and Category Management.
  • Effective skills to build relationships and productively interface with all levels of the Business.
  • Strong negotiating skills and experience. Led at least one major, international deal, preferred.
Preferred Qualifications
  • Master’s Degree, MBA, or Masters of Engineering
  • 2-3 years’ experience managing suppliers; Supplier Relationship Management (SRM) experience.
  • Project Management experience.
  • International leadership – led global teams or led a global project.
  • Financial acumen : comfortable with basic Finance concepts and how it relates to Procurement.
  • Experience buying or selling capital equipment for manufacturing, relevant to the industry.

The base pay for this position is $130,700.00 – $261,300.00. In specific locations, the pay range may vary from the range posted.

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