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 114,000 colleagues serve people in more than 160 countries.
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.
The Opportunity
This position works out of our Pleasanton location in the Heart Failure division. In Abbott’s Heart Failure (HF) business, we’re developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.
The Commodity Manager is responsible for developing and executing strategic sourcing and procurement strategies for assigned commodities within the Heart Failure division. This role ensures continuity of supply while driving key performance metrics such as quality, delivery, cost, diversity, and sustainability. The Commodity Manager acts as a key liaison between internal stakeholders and suppliers, driving the “One Procurement” model and delivering value through innovation, cost savings, and supplier partnerships.
What You’ll Work On
- Develop and implement global sourcing strategies aligned with business objectives.
- Develops alternate sources as necessary to ensure a steady flow of materials and cost competitiveness
- Identify and execute cost reduction opportunities and process improvements.
- Negotiate, execute, and manage supplier contracts and relationships.
- Evaluate supplier capabilities, conduct value analysis, and manage supplier performance.
- Lead and support complex RFPs and procurement projects.
- Develops risk management strategies and recommends short and long terms strategies with defined risk/benefit strategies.
- Collaborate with cross-functional teams including engineering, operations, and quality.
- Monitor and forecast market trends and cost drivers for assigned commodities.
- Educate internal stakeholders on procurement tools, processes, and compliance.
- Ensure adherence to procurement policies, ethics, and regulatory requirements.
Required Qualifications
Associate's degree
4+ years of experience
Preferred Qualifications
Bachelor’s degree in business, Supply Chain, Engineering or related field
5+ years of experience in Procurement, sourcing, or engineering/manufacturing experience
Experience sourcing or managing complex components
CPM or equivalent procurement certification
Ability to work within a team and as an individual contributor in a fast-paced, changing environment
In depth experience in contract management
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
Strong procurement skills including spend analysis, negotiations, supplier relationship
Multitasks, prioritizes and meets deadlines in timely manner
Strong organizational and follow-up skills, as well as attention to detail
Advance Commands of English
Ability to travel approximately up to 40%, including internationally
Apply Now
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.
The base pay for this position is $86,700.00 – $173,300.00. In specific locations, the pay range may vary from the range posted.
