Category Manager
Abbott
full-time
Posted on:
Location Type: Hybrid
Location: Temecula • California • Minnesota • United States
Visit company websiteExplore more
Salary
💰 $99,300 - $198,700 per year
About the role
- Develop and execute global category strategies aligned with Abbott Vascular, division, and enterprise priorities
- Identify and realize opportunities for cost reduction, value optimization, innovation, and process improvement
- Understand and forecast key commodity cost drivers, market trends, and technology developments that impact the business
- Translate external market intelligence into actionable sourcing and supplier strategies
- Build, optimize, and manage a world‑class supplier base capable of meeting Abbott Vascular’s current and future needs
- Lead negotiation and management of medium‑to‑high risk, complex supplier contracts and commercial agreements
- Establish long‑term, collaborative supplier partnerships that drive quality, delivery, cost, innovation, and continuous improvement
- Monitor supplier performance to ensure adherence to quality, service, pricing, regulatory, and contractual commitments
- Develop and implement robust supply risk mitigation strategies, including alternate sourcing and contingency planning
- Assess supplier risk across short‑ and long‑term horizons with clearly defined risk and benefit tradeoffs
- Ensure continuity of supply for critical commodities while balancing cost competitiveness and compliance requirements
- Partner closely with R&D, Manufacturing, Supply Chain, Quality, Regulatory, and Corporate Procurement teams
- Lead and participate in cross‑functional and cross‑site teams to align supplier capabilities with division‑wide requirements
- Provide coaching, mentoring, and functional leadership to purchasing and category management team members, reinforcing Abbott procurement policies and best practices
- Lead sourcing and supplier‑related projects, ensuring execution in compliance with Abbott governance, ethics, and quality standards
- Manage category budgets and perform detailed cost and total cost of ownership analyses
- Support business cases and sourcing decisions through strong financial, analytical, and data‑driven insights
Requirements
- Bachelor’s degree in Business, Supply Chain, Engineering, Finance, or related field (MBA preferred)
- 7-10+ years of progressively responsible experience in procurement, sourcing, or 5-8+ years of deep category/commodity management
- Expertise in contract terms and conditions structuring, negotiating with suppliers and contract execution
- Experience operating within a highly regulated industry, preferably medical devices, healthcare, or life sciences
- Proven ability to work effectively in a highly matrixed, global organization
- Strong influencing, relationship‑building, organizational and stakeholder management skills
- Excellent verbal and written communication skills with the ability to engage at all levels of the organization
- Strong analytical capability; comfortable working with cost models, market data, and Excel‑based analyses
- Flexible and adaptable to change - does not require rigid rules; functions in an fast pace environment
- Highly Collaborative - partner with colleagues and customers to arrive at best solutions
- Deliver Innovative Solutions - ability to recognize possibilities to create greater profitability and growth
- Generate Customer Value - Listening, understanding, anticipating and solving
- Cultivate a broad network of relationships with key internal and external constituents
- Ability to travel up to approximately 20%, including internationally
Benefits
- Free medical coverage in our Health Investment Plan (HIP) PPO medical plan
- Excellent retirement savings plan with high employer contribution
- Tuition reimbursement
- Freedom 2 Save student debt program
- FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
procurementsourcingcategory managementcontract negotiationcost analysissupply risk mitigationdata analysisfinancial analysismarket analysistotal cost of ownership
Soft Skills
influencingrelationship buildingorganizational skillsstakeholder managementverbal communicationwritten communicationanalytical capabilityflexibilitycollaborationproblem solving
Certifications
Bachelor's degreeMBACIPSCPMCSCPCMASix SigmaLean CertificationAPICS CertificationCertified Supply Chain Professional