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Senior Director, Global Procurement

Abbott
9 days ago
Full-time
On-site
Lake Forest, IL, United States
Direct

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 DESCRIPTION: Senior Director, Purchasing Operations Our location in Lake Forest, Illinois currently has the opportunity for a Senior Director, Global Procurement within the Core Diagnostics division. The role provides maximum value to the division through coordinated global purchasing and strategic sourcing for - services, supplies, packaging, chemicals, electromechanical parts and Third-Party Manufacturing in accordance with corporate/divisional policies and objectives. Direct and administer the Core Diagnostics Global Procurement functions for the purchase of raw materials, research and development intermediates; supplies; services; and equipment. Hire, develop and coach procurement professionals to enable clear succession plans and support a sustainable on-going organization. Provide coordination for like purchases across all sites and where appropriate; across other divisions; ensuring bundling of the spend to optimize buying leverage for Abbott. Source, negotiate and contract for purchases across numerous industries and 400+ suppliers. Stay abreast of constantly changing market conditions and internal requirements and incorporate same into negotiations and supply agreements to bring the best overall value for Abbott. Position Core Diagnostics for optimum supply chain value through selection of quality suppliers, fact-based negotiations and performance-based contracting to protect Abbott's interests. This role oversees the annual expenditure of approximately $1.4 billion. Magnitude of purchases often places incumbent in lead negotiation position to secure contracts over $100MM to meet specific needs of the division. Furthermore, this position requires a proactive approach that is relationship orientated, customer focused, team based, highly analytical, creative, dynamic (must stay abreast of global economics), and without error in its execution. WHAT YOU’LL DO Develop and execute procurement strategies for multiple direct materials and research categories and $1.4B+ in annual expenditures. Ensure global and cross divisional participation and adoption across the division, manufacturing and R&D locations. Maintain an understanding of complex; multiple markets and changing business models associated with a broad spectrum of goods and services that directly affect the profitability of the division. Provide same to Senior Abbott Management. Solve critical supply chain issues resulting for supplier performance variability to ensure on-going business continuity including; financial bankruptcy; material shortages; changes to specifications / statements of work; contractual breaches; delivery delays and plant disruptions. Provide purchasing expertise to senior management on major projects involving the selection; negotiation and acquisition of equipment; products or services; proposed acquisition of raw materials; R&D materials; tooling or manufacturing services on a worldwide basis. Hire and develop a team of procurement professionals and build a deep understanding of the Diagnostics healthcare channel and the way in which the procurement team supports the success of the business. Coach employees to become seasoned in negotiations and contracting. Assure a sustainable talent bench. Ensure Business Excellence concepts are applied to Procurement function which will drive employee engagement and continuous improvement Set guidelines and develop manufacturing standard setting processes used to determine divisional price components. Responsible for supply chain management; Specifically, the setting of policies and strategies to improve the relationships with all suppli…

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