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Procurement Specialist

AbbottAbbott·Healthcare

Compensation

$78,000 - $156,000/year

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About the role

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:

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

We have an immediate opportunity for a Procurement Specialist in our Lake County, Abbott Park, IL location. 

The Regional Procurement Operations (RPO) Team supports procurement professionals and divisional stakeholders in the procurement and contracting of indirect goods and services across the globe. The RPO team members apply source to pay best practices and enabling technology knowledge to guide stakeholders towards best in practice processes and standards.  The team members collaborate daily with stakeholders within their areas to support procurement activities and bring forward continuous improvement opportunities to advance the function.  

The RPO Contract COE Specialist will be leading the Contract Management Center of Excellence with a the collaboration of our 3rd party provider and with the direction of the Business Excellence Senior Contract Management Specialist. The Contract COE Function supporting stakeholders in developing and driving best practices and continuous improvement across people, process, and technology within the contract management function.  This role will be focused on maturing the contract management process and repositories within key markets with the vision of expanding the maturity model globally. While the immediate focus will be on simplifying and aligning the contract signature process and reposition, the individual will have a long-term target to support continuous improvement and special projects globally.

What You'll Work On:

  • Collaborate, guide, and educate 3rd party providers and international contract workers.

  • Influence stakeholders to adopt the change process within contract technologies and maintain supplier workspaces within.

  • Support the Sr Contract Management Specialist in implementing simplistic and clear contracting guidelines.

  • Execute the tactical guidelines provided by the Sr Contract Management Specialist to ensure the available repositories are robust, accurate, and maintained as needed on a daily.

  • Support the continuous improvement and on-going development of the contract management function within a Source to Pay Technology Platform and/or available technologies.

Strategic Thinking:

  • Full understanding of the "One Procurement" strategies. 

  • Performs routine professional-based activities.

  • Proactively seek innovative ways to improve the contract management processes, cycle times, and customer experience.

  • Works within defined processes and procedures and may help determine appropriate approaches for change while mitigating disruption with the involved parties.

Relationship Management:

  • Meet regularly with 3rd party contractors and support functions to ensure good customer satisfaction and continuous improvement.

  • Support training with procurement professionals and surrounding functions.

Leading People:

  • Works effectively in a team environment.

  • Exhibit cultural awareness with diverse business entities.

  • Seek, develop, and maintain business relationships.

  • Communicate with appropriate teams to collaborate on contract management activities.

Compliance:

  • Responsible for compliance with applicable Corporate and Divisional policies and procedures.

Accountability:

  • Executes against the goals set by the Global Process Organization/Corporate Financial Services

  • Seek innovative ways to maintain and improve procurement processes, cycle times, total acquisition costs, and customer service levels.

Key Organizational Relationships:

  • Contract Management Center of Excellence

  • 3rd Party Partners

  • Regional Procurement Operations  

  • Category Leads and Manager                                               

  • HR

  • Legal

  • Corporate Financial Services

  • Global Process Organization

  • Organizational Change Management

Required Qualifications:

  • Bachelor’s Degree

  • 2-4 years of business experience

  • Excellent time management and organizational skills

  • Self-Starter and possesses drive for professional development      

Preferred Qualifications:

  • Source to Pay Process understanding

  • Contract Management and Contract Technology understanding

  • Analytical skills and high proficiency with reporting and excel tools

  • Strong people and team collaboration skills                     

  • Strong problem-solving skills and continuous improvement mindset

  • Good communication skills (written and verbal)

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

$61,300.00 – $122,700.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Category Management

DIVISION:

GPS Global Purchasing Services

LOCATION:

United States > Abbott Park : AP52

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

No

MEDICAL SURVEILLANCE:

No

SIGNIFICANT WORK ACTIVITIES:

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
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Aplyr's read

Abbott Laboratories is a leader in healthcare innovation, attracting professionals dedicated to advancing medical technology and patient care on a global scale.

Synthesized from recent postings & public sources

What's promising

  • Abbott's diverse product range offers stability and growth opportunities.
  • Strong global presence enhances career mobility and international experience.
  • Commitment to R&D fosters a culture of innovation and learning.

What to watch

  • Regulatory challenges can impact product launch timelines.
  • High competition in the healthcare sector pressures market share.
  • Complex organizational structure may slow decision-making processes.

Why Abbott

  • Abbott's focus on both diagnostics and nutrition sets it apart from typical pharmaceutical companies.
  • Extensive global footprint provides unique cross-border project opportunities.
  • Abbott's investment in emerging markets offers growth in diverse regions.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Abbott

Abbott Laboratories is a global healthcare company that develops and manufactures a wide range of medical devices, diagnostics, nutrition products, and branded generic pharmaceuticals.

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