Category Manager - Electronics
Job description
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 115,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
Category Manager, Electronics
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 role is part of Abbott’s Electrophysiology (EP) Medical Device Division, based in Plymouth, MN or St. Paul, MN. We’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.
We’re seeking a dynamic and strategic procurement professional to lead Electronics Category Management who will be responsible for developing and executing global sourcing strategies; driving value by reducing total cost; mitigating supply risks; improving quality and leading continuous improvement initiatives.
Key responsibilities include supplier identification and qualification, competitive bidding, total cost analysis, market intelligence, supplier consolidation, and supplier relationship management. The role also ensures contract compliance and partners with stakeholders to track and improve supplier performance.
What You’ll Work On
We are seeking a high caliber and ambitious Category Manager to join our team in Abbott Medical Devices. This position will be responsible for the Electronics components category globally.
Build and manage relationships with stakeholders (R&D, Operations, Supply Chain, and corporate procurement) and suppliers
Typically involved in large and/or more complex purchases and suppliers that have higher impact on the organization’s products, processes and budget.
Develop and implement category and supplier strategies aligned to business growth and margin goals
Provide market intelligence to inform sourcing and category strategy
Lead sourcing and supplier selection processes and negotiate contracts
Analyze total cost of ownership (TCO) and drive cost-saving initiatives
Conduct market analysis to identify trends, risks, and opportunities; Identify and mitigate supply chain risks (geopolitical, financial, operational)
Develop contingency and dual sourcing strategies for critical components
Lead supplier relationship management to improve quality, cost, and delivery; support the supplier delivery and quality escalation from internal stakeholders
Implement supplier scorecards and lead business reviews
Ensure supplier compliance with regulatory, environmental, and ethical standards
Support sustainability and responsible sourcing initiatives
Required Qualifications:
Bachelor’s degree in Business, Engineering, or related field (MBA preferred).
6-10 years of Procurement and/or deep category management experience.
3 years in regulated industry
Strong contract negotiation experience
Ability to work independently and within cross-functional teams
Strong organizational, follow-up, and attention-to-detail skills
Ability to travel approximately 20%, including international
Preferred
Microsoft Office Suite proficiency.
Professional procurement certifications (CPSM, CPM, or similar).
What We Offer
At Abbott, you can have a good job that can grow into a great career. We offer:
A fast-paced work environment where your safety is our priority
Production areas that are clean, well-lit and temperature-controlled
Training and career development, with onboarding programs for new employees and tuition assistance
Financial security through competitive compensation, incentives and retirement plans
Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
Paid time off
401(k) retirement savings with a generous company match
The stability of a company with a record of strong financial performance and history of being actively involved in local communities
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 X @AbbottNews.
The base pay for this position is
$99,300.00 – $198,700.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Category Management
DIVISION:
EP Electrophysiology
LOCATION:
United States > Minnesota > Plymouth : 5050 Nathan Lane N
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 10 % of the Time
MEDICAL SURVEILLANCE:
No
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf