What are the responsibilities and job description for the Senior Procurement 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. 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. JOB FAMILY: Category Management DIVISION: GPS Global Purchasing Services LOCATION: United States > Abbott Park : AP52 ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Not specified MEDICAL SURVEILLANCE: Not Applicable 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 Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter