Senior Procurement Specialist
About the role
The Senior Procurement Specialist supports the sourcing and procurement of critical goods and services that enable business operations across Abbott. This role involves leading complex purchasing initiatives, negotiating supplier agreements, and building strategic partnerships.
Responsibilities
- Identify, evaluate, and select suppliers that meet organizational requirements for quality, cost, delivery, and service.
- Lead sourcing activities and procurement projects for complex or high-impact categories.
- Negotiate pricing, contracts, and supplier agreements to achieve favorable commercial outcomes.
- Assess supplier capabilities, products, and services to ensure compliance with specifications and quality standards.
- Analyze supplier proposals, bids, and promotional opportunities to maximize cost savings and value.
- Monitor supplier performance, including quality, delivery, and reliability metrics.
- Develop innovative sourcing strategies and recommend solutions for complex procurement challenges.
- Collaborate with cross-functional stakeholders to support purchasing needs and business objectives.
- Manage supplier relationships and resolve issues related to service, quality, or delivery performance.
- Provide guidance, coaching, and support to less experienced procurement team members as needed.
Requirements
- Bachelor's degree in Supply Chain, Business, Procurement, Finance, Operations, or a related field.
- Minimum of 4 years of procurement, sourcing, purchasing, supply chain, or related business experience.
- Experience identifying, evaluating, and managing supplier relationships.
- Demonstrated success negotiating contracts, pricing, and commercial agreements.
- Strong analytical, problem-solving, and decision-making skills.
- Able to manage multiple priorities and complex procurement initiatives independently.
- Excellent verbal and written communication skills.
- Proficiency with procurement systems and Microsoft Office applications.
Preferred Qualifications
- Experience supporting large-scale or high-value procurement categories.
- Knowledge of strategic sourcing methodologies and supplier performance management.
- Experience working in a regulated manufacturing, healthcare, medical device, pharmaceutical, or similar industry.
- Professional procurement certification such as CPSM, CPPB, or equivalent.
- Experience mentoring or coaching junior procurement professionals.
- Strong negotiation and stakeholder management skills with the ability to influence business partners across functions.
Benefits
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives : www.abbottbenefits.com
Contact Us
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Pay Range
The base pay for this position is $78,000.00 – $156,000.00. In specific locations, the pay range may vary from the range posted.