Category Manager at Abbott (Minneapolis, MN)

| Minneapolis–Saint Paul, MN
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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 109,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION:

Category Manager

Leading an active lifestyle is important to the many people we serve. We're advancing the treatment of heart and vascular disease through breakthrough medical technologies in ELECTROPHYSIOLOGY & HEART FAILURE, allowing people to restore their health and get on with their lives.

The Category Manager is an experienced, high caliber employee working with minimal direction. This position will be responsible for the strategic management of procurement category.

WHAT YOU'LL DO
  • Proactively identifies areas of opportunity for new business opportunities, process improvement, and cost efficiencies.
  • Considered an SME across wide categories of direct procurement(electronics/mechanical) and contract manufacturing.
  • Develops and implements global commodity/sourcing strategies to support objectives (cost, quality, service, risk mitigation, favorable terms) in the area of direct material commodities, providing the division with a competitive advantage
  • Locates, analyzes and develops a consolidated supplier base that meets current and future commodity needs as communicated by the division
  • Understands, tracks, and forecasts the key cost drivers and market factors for assigned commodities
  • Compiles market condition information regarding commodities and suppliers and suggests/implements business strategy changes
  • Develops cost reduction projects and works with the business units to implement
  • Directs the negotiation and management of contracts/agreements for assigned commodities with medium-to-high risk and medium-to-high complexity
  • Provides guidance and overall direction to the purchasing/commodity team regarding contract management, agreements, policy development, art of negotiation and other supply chain activities in the spirit of providing mentoring and coaching to develop the team's knowledge, skills and abilities
  • Develops risk management strategies and recommends short and long terms strategies with defined risk/benefit strategies
  • Develops alternate sources as necessary to ensure a steady flow of materials and cost competitiveness
  • Maintains and promotes sound relationships with extensive network of suppliers, the external business community, and internal customers
  • Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement
  • Develops and maintains strong relationships with product line R&D, Operations and Supply Chain teams
  • Develops cross-functional commodity teams to understand division-wide needs and evaluate suppliers
  • Partner with corporate procurement lead and support procurement strategy for EP (Electro-Physiology) and align with overall corporate strategy.


EDUCATION AND EXPERIENCE YOU'LL BRING

Required
  • Bachelor's degree in Business degree, Engineering, or related field.: MBA preferred.
  • Minimum Experience/Training Required: 5-8 years of Procurement and /or deep Category experience.
  • Certified Professional in Supply Management (CPSM); Certified Purchasing Manager (CPM) or similar certification desirable.
  • Strong project management skills.
  • Robust people skills that include developing strong relationships and solving problems.
  • Strong use of spreadsheet programs. Excellent communication skills (written and verbal).
  • Excellent interdisciplinary, intercultural, influence, and networking skills. International experience.
  • Some knowledge of markets by regions. Some experience with Supplier management.
  • Ability to develop actionable implementation plans.
  • Relevant business process knowledge, as related to Procurement and Category Management.
  • Knowledge of category technologies and products.
  • Good negotiating skills.
  • Experience leading teams.
  • Ability to work within a team and as an individual contributor in a fast-paced, changing environment
  • 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
  • Ability to travel approximately up to 20%, including internationally


WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:
  • Training and career development, with onboarding programs for new employees and tuition assistance
  • Financial security through competitive compensation, incentives and retirement plans
  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
  • Paid time off
  • 401(k) retirement savings with a generous company match
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities


Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. 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

JOB FAMILY:
Category Management

DIVISION:
EPHF Electrophysiology & Heart Failure

LOCATION:
United States > Minnesota > Plymouth : 5050 Nathan Lane N

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Yes, 10 % of the Time

MEDICAL SURVEILLANCE:
No

SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf
More Information on Abbott
Abbott operates in the Healthtech industry. The company is located in Abbot Park, IL. Abbott was founded in 2022. It has 97838 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 222 open jobs at Abbott, click here.
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