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Procurement Manager

Abbott

Irving, TXOnsitePosted 5 days ago$99,300.00 - $198,700.00
Full TimeSenior LevelOperations & Supply ChainMedical Device
Original posting ↗

Summary

This is not a remote opportunity. Traveling up to 10%.

Job description

The Opportunity

This is not a remote opportunity. Traveling up to 10%.

What You’ll Work On

In this role, you will lead procurement operations and sourcing activities to ensure a reliable, compliant, and cost-effective supply of materials and services. You will partner with cross-functional teams to drive cost savings, improve supplier performance, mitigate supply risks, and support business growth.

  • Lead and develop a team of procurement professionals.
  • Execute sourcing and procurement strategies aligned with business objectives.
  • Manage supplier relationships, performance, and issue resolution.
  • Identify and mitigate supply chain and supplier risks.
  • Drive cost reduction, inventory optimization, and working capital improvements.
  • Collaborate with Operations, Planning, Quality, Engineering, and Finance to support business initiatives and continuous improvement.
  • Manage employee performance, development, and accountability.
  • Ensure compliance with company policies, procedures, and purchasing controls.
  • Build strong internal and external business relationships.
  • Perform additional duties as needed to support business objectives.

Required Qualifications

  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Finance, Operations Management, Market Strategy/Marketing Analysis or related discipline.
  • 7+ years of progressive experience in procurement, purchasing, sourcing, supplier management, planning or supply chain operations, including experience supporting manufacturing or operational environments.
  • Demonstrated success managing supplier relationships, negotiating purchase agreements, ensuring continuity of supply, supporting inventory management objectives, and executing procurement processes that meet business, quality, delivery, and cost requirements.

Preferred Qualifications

  • Master’s degree preferred.
  • Experience in regulated industries such as medical devices, healthcare, life sciences, pharmaceuticals, or manufacturing preferred.
  • Knowledge of procurement, sourcing, supplier management, and contract administration.
  • Experience managing supplier performance and resolving quality, delivery, and supply issues.
  • Ability to identify and mitigate supply chain risks.
  • Understanding of inventory management, demand planning, and working capital optimization.
  • Strong analytical, problem-solving, negotiation, and organizational skills.
  • Experience implementing efficient and compliant procurement processes.
  • Ability to collaborate effectively in a cross-functional, matrixed environment.
  • Proven experience leading, coaching, and developing procurement teams.
  • Proficiency with ERP systems and procurement tools.
  • CPSM, CPM, CSCP, or related supply chain certifications preferred.

Requirements

  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Finance, Operations Management, Market Strategy/Marketing Analysis or related discipline.
  • 7+ years of progressive experience in procurement, purchasing, sourcing, supplier management, planning or supply chain operations, including experience supporting manufacturing or operational environments.
  • Demonstrated success managing supplier relationships, negotiating purchase agreements, ensuring continuity of supply, supporting inventory management objectives, and executing procurement processes that meet business, quality, delivery, and cost requirements.

Benefits

  • Medical coverage
  • Retirement savings plan
  • Tuition reimbursement
  • Student debt program
  • Education benefit

Company overview

Abbott Laboratories is a global healthcare leader with a 135-year legacy of innovation, dedicated to helping people live healthier, fuller lives through life-changing technologies and products. Headquartered in Abbott Park, Illinois, the company operates in more than 160 countries with a workforce of approximately 114,000 professionals. Abbott's diversified portfolio spans four core business segments: medical devices, diagnostics, nutrition products, and branded generic pharmaceuticals. The company is particularly renowned for its groundbreaking medical devices including cardiovascular technologies, diabetes management systems like the FreeStyle Libre continuous glucose monitor, neuromodulation devices for chronic pain, and the AVEIR DR dual chamber leadless pacemaker system. In diagnostics, Abbott has been instrumental in developing critical tests, including the first licensed HIV test in 1985 that helped secure blood supply safety. The company's nutrition division produces leading infant formulas like Similac, while its pharmaceutical business provides quality branded generic medicines. Abbott consistently ranks among Fortune's Most Admired Companies and maintains a strong commitment to sustainability and corporate responsibility, making it a trusted partner in advancing global healthcare.

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