Senior Procurement Specialist

Abbott Laboratories; Illinois; On-site; USD 78,000 - 156,000; Full time

Benefits offered by this job

Health coverage (HIP PPO)

Tuition reimbursement

Retirement plan with high employerconr

FreeU education benefit

Job summary

Abbott Laboratories in Illinois is seeking a Senior Procurement Specialist to lead sourcing and procurement of critical goods and services across the organization. You will drive supplier negotiations, build partnerships, and ensure value, quality, and reliable supply in support of business objectives.

You will identify and select suppliers, manage complex procurement initiatives, and collaborate with stakeholders to optimize costs while maintaining high standards.

Qualifications

• Bachelor's degree in a related field.
• 4+ years in procurement, sourcing, purchasing, supply chain, or related experience.
• Experience identifying, evaluating, and managing supplier relationships.
• Proven success negotiating contracts, pricing, and commercial agreements.
• Strong analytical, problem-solving, and decision-making skills.
• Ability to manage multiple priorities and complex procurement initiatives independently.
• Excellent verbal and written communication skills.
• Proficiency with procurement systems and Microsoft Office applications.

Responsibilities

• Identify, evaluate, and select suppliers meeting quality, cost, delivery, and service requirements.
• Lead sourcing activities and procurement projects for complex or high-impact categories.
• Negotiate pricing, contracts, and supplier agreements to achieve favorable outcomes.
• Assess supplier capabilities, products, and services for compliance with specs and quality.
• Analyze supplier proposals, bids, and opportunities to maximize savings and value.
• Monitor supplier performance on quality, delivery, and reliability metrics.
• Develop sourcing strategies and recommend solutions for procurement challenges.
• Collaborate with cross-functional stakeholders to support purchasing needs.
• Manage supplier relationships and resolve issues related to service or delivery.
• Provide guidance and coaching to junior procurement team members.

Skills

Supplier relationship mgmt

Contract negotiation

Analytics & problem solving

Communication skills

Procurement systems

Education

Bachelor's degree in Supply Chain, Business, Procurement, Finance, Operations

Tools

Procurement systems

Microsoft Office

Job description

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and 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 .
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

Abbott is seeking a Senior Procurement Specialist to support the sourcing and procurement of critical goods and services that enable business operations across the organization. In this role, you will lead complex purchasing initiatives, negotiate supplier agreements, and build strategic partnerships that drive value, quality, and supply reliability while supporting business objectives.

What You'll Work On

• Identify, evaluate, and select suppliers that meet organizational requirements for quality, cost, delivery, and service.
• Lead sourcing activities and procurement projects for complex or high-impact categories.
• Negotiate pricing, contracts, and supplier agreements to achieve favorable commercial outcomes.
• Assess supplier capabilities, products, and services to ensure compliance with specifications and quality standards.
• Analyze supplier proposals, bids, and promotional opportunities to maximize cost savings and value.
• Monitor supplier performance, including quality, delivery, and reliability metrics.
• Develop innovative sourcing strategies and recommend solutions for complex procurement challenges.
• Collaborate with cross-functional stakeholders to support purchasing needs and business objectives.
• Manage supplier relationships and resolve issues related to service, quality, or delivery performance.
• Provide guidance, coaching, and support to less experienced procurement team members as needed.

Required Qualifications

• Bachelor's degree in Supply Chain, Business, Procurement, Finance, Operations, or a related field.
• Minimum of 4 years of procurement, sourcing, purchasing, supply chain, or related business experience.
• Experience identifying, evaluating, and managing supplier relationships.
• Demonstrated success negotiating contracts, pricing, and commercial agreements.
• Strong analytical, problem-solving, and decision-making skills.
• Ability to manage multiple priorities and complex procurement initiatives independently.
• Excellent verbal and written communication skills.
• Proficiency with procurement systems and Microsoft Office applications.

Preferred Qualifications

• Experience supporting large-scale or high-value procurement categories.
• Knowledge of strategic sourcing methodologies and supplier performance management.
• Experience working in a regulated manufacturing, healthcare, medical device, pharmaceutical, or similar industry.
• Professional procurement certification such as CPSM, CPPB, or equivalent.
• Experience mentoring or coaching junior procurement professionals.
• Strong negotiation and stakeholder management skills with the ability to influence business partners across functions.

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 and @AbbottGlobal.

The base pay for this position is $78,000.00 – $156,000.00. In specific locations, the pay range may vary from the range posted.