Commodity Manager

Abbott Laboratories; Pleasanton (CA); On-site; USD 86,000 - 174,000; Full time

Job summary

A leading company in the healthcare field is seeking a Commodity Manager in Pleasanton, California, to develop and execute strategic sourcing for the Heart Failure division. The successful candidate will ensure the continuity of supply while managing supplier relationships and costs, driving quality, delivery, diversity, and sustainability. This role is ideal for individuals with strong procurement skills and a passion for improving healthcare outcomes.

Benefits

Career development with an international company

Free medical coverage in Health Investment Plan

Excellent retirement savings plan

Tuition reimbursement and education benefits

Qualifications

• 4+ years of experience in Procurement, sourcing, or engineering/manufacturing experience.
• Experience sourcing or managing complex components.
• CPM or equivalent procurement certification is preferred.

Responsibilities

• Develop and implement global sourcing strategies aligned with business objectives.
• Negotiate, execute, and manage supplier contracts and relationships.
• Identify and execute cost reduction opportunities and process improvements.

Skills

Negotiation

Supplier relationship management

Contract management

Risk management

Communication

Education

Associate's degree

Bachelor's degree in business, Supply Chain, Engineering or related field

Job description

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 forfree medical coverage in ourHealth Investment Plan (HIP) PPOmedical 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 works out of our Pleasantonlocation in the Heart Failure division. In Abbott’s Heart Failure (HF) business, we’re developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.

The Commodity Manager isresponsiblefordevelopingandexecutingstrategicsourcingandprocurementstrategiesforassignedcommoditieswithintheHeart Failuredivision. Thisroleensurescontinuity of supply while driving key performance metrics such asquality, delivery, cost, diversity, and sustainability. The Commodity Manager actsas a keyliaisonbetweeninternalstakeholdersandsuppliers, drivingthe “One Procurement” modelanddeliveringvaluethroughinnovation, costsavings, andsupplierpartnerships.

What You’llWork On

• Develop and implement global sourcing strategies aligned with business objectives.

• Develops alternate sources as necessary to ensure a steady flow of materials and cost competitiveness

• Identify and execute cost reduction opportunities and process improvements.

• Negotiate, execute, and manage supplier contracts and relationships.

• Evaluate supplier capabilities, conduct value analysis, and manage supplier performance.

• Lead and support complex RFPs and procurement projects.

• Develops risk management strategies and recommends short and long terms strategies with defined risk/benefit strategies.

• Collaborate with cross-functional teams including engineering, operations, and quality.

• Monitor and forecast market trends and cost drivers for assigned commodities.

• Educate internal stakeholders on procurement tools, processes, and compliance.

• Ensure adherence to procurement policies, ethics, and regulatory requirements.

Required Qualifications

• Associate's degree

• 4+ years of experience

Preferred Qualifications

• Bachelor’s degreein business, Supply Chain, Engineering or related field

• 5+ years of experiencein Procurement, sourcing, or engineering/manufacturing experience

• Experience sourcing or managing complex components

• CPM or equivalent procurement certification

• Ability to work within a team and as an individual contributor in a fast-paced, changing environment

• In depth experience in contract management

• Ability to leverage and/or engage others to accomplish projects

• Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization

• Strong procurement skills including spend analysis, negotiations, supplier relationship

• Multitasks, prioritizes and meets deadlines in timely manner

• Strong organizational and follow-up skills, as well as attention to detail

• Advance Commands of English

• Ability to travel approximately up to 40%, including internationally

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews.

The base pay for this position is $86,700.00 – $173,300.00. In specific locations, the pay range may vary from the range posted.