What are the responsibilities and job description for the Capital Procurement Sourcing Specialist position at Abbott?
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.
About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
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 :
Are you an upcoming Engineering graduate? In addition to strong technical skills, are you a strategic thinker who builds strong team relationships to accomplish a project or goal? If so, the Global Capital Procurement team is seeking a Procurement Specialist to lead Abbott’s large capital investments within the Engineering Services category across all regions and divisions.
As part of Global Capital Procurement, you will connect internal business needs with external supplier capabilities for high-value capital projects. In this role, you will serve as Abbott’s commercial expert for Engineering Services—owning sourcing strategy development and execution. This position plays a critical role in enabling new product launches, capacity expansions, and increased manufacturing throughput worldwide.
You will collaborate closely with Global, Regional and Division Engineering acting as a key influencer across functions—helping Abbott build competitive advantage through strong sourcing strategies, rigorous supplier management, and continuous improvement.
Alongside strategic sourcing, you will gain deeper expertise in negotiation, contract management, supplier relationships, and stakeholder engagement.
What You’ll Work On
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 $50,700.00 – $101,300.00. In specific locations, the pay range may vary from the range posted.
About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
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.
Are you an upcoming Engineering graduate? In addition to strong technical skills, are you a strategic thinker who builds strong team relationships to accomplish a project or goal? If so, the Global Capital Procurement team is seeking a Procurement Specialist to lead Abbott’s large capital investments within the Engineering Services category across all regions and divisions.
As part of Global Capital Procurement, you will connect internal business needs with external supplier capabilities for high-value capital projects. In this role, you will serve as Abbott’s commercial expert for Engineering Services—owning sourcing strategy development and execution. This position plays a critical role in enabling new product launches, capacity expansions, and increased manufacturing throughput worldwide.
You will collaborate closely with Global, Regional and Division Engineering acting as a key influencer across functions—helping Abbott build competitive advantage through strong sourcing strategies, rigorous supplier management, and continuous improvement.
Alongside strategic sourcing, you will gain deeper expertise in negotiation, contract management, supplier relationships, and stakeholder engagement.
What You’ll Work On
- Partner with internal stakeholders to leverage supplier capabilities that best meet business needs.
- Build, consolidate, and manage a high-performing supplier base aligned to current and future demand.
- Build Engineering Services supply base playbook informing sourcing decisions across regions and divisions.
- Recommend strategic adjustments based on market trends and supplier intelligence.
- Lead cost‑reduction initiatives with cross‑functional partners.
- Negotiate and manage contracts and agreements for assigned categories, including negotiating supplier rate cards.
- Develop and execute risk‑management strategies with clear short‑ and long‑term actions.
- Identify and qualify alternate sources to ensure supply continuity and cost competitiveness.
- Maintain strong internal and external stakeholder relationships to drive enterprise success.
- Independently manage supplier performance and continuous improvement activities.
- Build sourcing strategies for new projects and create a cross‑network past/current/future project tracker.
- Utilize tools such as SAP, Power BI, and similar systems.
- Bachelor’s degree in Engineering (Mechanical, Industrial, Electrical, or Chemical preferred), Business, or related field.
- 0-2 years of experience in related fields.
- Strong interpersonal relationship‑building and problem‑solving skills.
- Proficiency in Microsoft Office Suite, especially Excel.
- Excellent written, verbal, and cross‑cultural communication skills.
- Ability to translate strategy into actionable implementation plans.
- Interest in developing deep knowledge of procurement processes and category management.
- Understanding of technologies and products in the category.
- Strong negotiation skills.
- Ability to travel 20–40%, including internationally.
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 $50,700.00 – $101,300.00. In specific locations, the pay range may vary from the range posted.
Salary : $50,700 - $101,300