Senior Procurement Specialist

Jobtailor; Lake Forest (IL); On-site; USD 90,000 - 130,000; Full time

Job summary

Abbott is seeking a strategic procurement professional to lead cost reduction initiatives, negotiate supplier contracts, and drive value engineering across direct and indirect spend.

You will partner with corporate and division stakeholders, manage RFPs/RFIs, and deliver analytics dashboards in Power BI to influence decisions and track savings. You will mentor a procurement team and help advance sustainability objectives for a resilient supply chain.

Qualifications

• Bachelor’s degree in Engineering, Science, Business, or Financial Degrees.
• 4-6 years of Procurement experience in negotiation, contracting and sourcing.
• Project management, Power BI, data management skills.
• Strong communication and people skills (written and verbal).
• CPM certification desired
• Lean and/or Six Sigma Certification
• Master’s degree

Responsibilities

• Develop and support the GMI Program such as managing supplier negotiations, should cost analysis, supplier transfer projects and product value engineering projects
• Support the Supply Chain Resilience Program to develop advanced AI assisted analysis of external risks and internal resilience opportunities within all indirect and direct spend disciplines
• Work closely with key stakeholders in both Corporate and Division organizations to develop effective cost reduction strategies and implementation plans
• Be accountable for building and nurturing stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services
• Leverage market and supplier knowledge to drive lower total cost of ownership
• Represent Abbott in the industry and community
• Develop mastery of category spend; Drive value and lead savings outcomes
• Research and evaluate business requirements and suppliers
• Lead the procurement team in achieving Corporate Sustainability initiatives
• Develop and execute competitive bidding processes (e.g. RFPs, RFIs)
• Lead in-person fact-based contract negotiations
• Procurement approval of up to $1,000,000
• Prepare analytical reports and dashboards to influence stakeholders without authority
• Assess complex problems and proposes practical solutions
• Perform value analysis on costs and supplier quotes
• Create and manage project plans, identify resources to support projects, drive multiple projects through complex sourcing processes and ensure end results meet the requirements
• Support completion of contracts, statement of work and standard operating procedures
• Ensure all procurement policies and procedures are aligned with internal stakeholders e.g. Legal, Risk Management, Supply Chain
• Recommend process improvements to streamline for efficiencies

Skills

Procurement experience

Supplier Negotiation

Project Management

Communication

Data Management

Analytical Reporting

Cost Analysis

Value Engineering

Process Improvement

Education

Bachelor’s degree in Engineering, Science, Business, or Financial Degrees

Master’s degree

CPM Certification

Lean Certification

Six Sigma Certification

Tools

Power BI

Job description

• Develop and support the GMI Program such as managing supplier negotiations, should cost analysis, supplier transfer projects and product value engineering projects
• Support the Supply Chain Resilience Program to develop advanced AI assisted analysis of external risks and internal resilience opportunities within all indirect and direct spend disciplines
• Work closely with key stakeholders in both Corporate and Division organizations to develop effective cost reduction strategies and implementation plans
• Be accountable for building and nurturing stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services
• Leverage market and supplier knowledge to drive lower total cost of ownership
• Represent Abbott in the industry and community
• Develop mastery of category spend; Drive value and lead savings outcomes
• Research and evaluate business requirements and suppliers
• Lead the procurement team in achieving Corporate Sustainability initiatives
• Develop and execute competitive bidding processes (e.g. RFPs, RFIs)
• Lead in-person fact-based contract negotiations
• Procurement approval of up to $1,000,000
• Prepare analytical reports and dashboards to influence stakeholders without authority
• Assess complex problems and proposes practical solutions
• Perform value analysis on costs and supplier quotes
• Create and manage project plans, identify resources to support projects, drive multiple projects through complex sourcing processes and ensure end results meet the requirements
• Support completion of contracts, statement of work and standard operating procedures
• Ensure all procurement policies and procedures are aligned with internal stakeholders e.g. Legal, Risk Management, Supply Chain
• Recommend process improvements to streamline for efficiencies

Requirements

• Bachelor’s degree: Engineering, Science, Business, or Financial Degrees
• 4-6 years of Procurement experience in negotiation, contracting and sourcing
• Project management, Power BI, data management skills
• Strong communication and people skills (written and verbal)
• CPM certification desired
• Lean and/or Six Sigma Certification
• Master’s degree

Core Competencies

Demonstrates expertise in procurement processes, including supplier negotiations, cost reduction strategies, and project management. Proficient in data management and analytical reporting to support decision-making and stakeholder engagement.

Highest-signal resume keywords

• Procurement Experience
• Supplier Negotiation
• Project Management
• Power BI
• Lean Six Sigma Certification

ATS Optimization Keywords

Hard Skills

• Supplier Negotiation
• Contracting
• Sourcing
• Cost Analysis
• Project Management
• Data Management
• Value Engineering
• Competitive Bidding Processes
• Analytical Reporting
• Process Improvement

Soft Skills

• Strong Communication Skills
• Relationship Building
• Problem Solving

Certifications & Qualifications

• CPM Certification
• Lean Certification
• Six Sigma Certification

Industry Keywords

• Supply Chain
• Cost Reduction Strategies
• Stakeholder Engagement
• Corporate Sustainability
• Risk Management

Tools & Technologies

• Power BI