Sourcing Manager

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 122,000 colleagues serve people in more than 160 countries.

Job Title Sourcing Manager   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.

This position works out of our Plano, TX location in the Neuromodulation Division. Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum. The Sourcing Manager is responsible for the purchasing and supply management activities for multiple categories with focus in Mechanical, Batteries, and/or Precious Metals. They will work closely with key stakeholders in both Corporate and Division organizations to develop effective cost reduction strategies and implementation plans. They will nurture stakeholder relationships by serving as a business partner, helping identify critical business requirements and providing sourcing and procurement services that meet expectations. The manager will drive reduced total cost of ownership by optimizing tier 2 and tier 3 supply chains and leverage extensive market and supplier knowledge. They will proactively identify areas of opportunity for new business opportunities, process improvement, and cost efficiencies. They will deliver supply continuity by working through issues with suppliers.  They will also provide longer range strategy insight to the Neuromodulation business unit on how to best develop and leverage supplier capabilities for the organization(s).

Develop business unit sourcing strategies and translate them into actionable programs and projects. Influence and partner with business leaders and Corporate Procurement to develop and evolve sourcing strategies based on business priorities and market dynamics. Drive Total Cost of Ownership improvements across departments and with suppliers through analytics, financial acumen, market intelligence, and cost reduction initiatives while balancing quality, service, and risk. Advise business units on industry best practices and sourcing strategies; lead global, cross-functional initiatives across virtual teams and cultures. Collaborate closely with internal stakeholders to ensure timely delivery of services consistent with agreed service levels. Ensure contract terms and conditions align with business requirements and organizational objectives. Build and maintain strong relationships with suppliers and internal stakeholders to foster collaboration and achieve business goals. Evaluate, select, and recommend suppliers in partnership with R&D, Quality, Operations, Regulatory, and other key functions. Serve as the primary supplier relationship owner, managing