Location: Westford,MA, USA
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 114,000 colleagues serve people in more than 160 countries.
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and 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.
* Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
* An excellent retirement savings plan with 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
Abbott Vascular provides innovative, minimally invasive and cost-effective products for treatment of vascular disease. Our extensive portfolio includes drug-eluting stents, bare metal stents, guide wires, balloon dilatation catheters, imaging catheters and software, vessel closure devices and peripheral stents
Our location in Westford, MA, currently has an opportunity for a Senior Buyer.
What You'll Work On
Working without appreciable direction, purchases raw materials, sub-assemblies, products and services in conformance with approved purchase orders at the lowest cost consistent with considerations for quality, reliability of source and urgency of need. Provides support for all basic aspects of purchasing including but not limited to vendor negotiations, vendor analysis, cost reductions, utilization of the purchasing system, expedition of orders and vendor relations.
Job Summary:
Working without appreciable direction, purchases raw materials, sub-assemblies, products and services in conformance with approved purchase orders at the lowest cost consistent with considerations for quality, reliability of source and urgency of need. Provides support for all basic aspects of purchasing including but not limited to vendor negotiations, vendor analysis, cost reductions, utilization of the purchasing system, expedition of orders and vendor relations.
Job Duties:
* Negotiates long term contracts which are not managed by the commodity management teams, within established limitations and scope of authority to obtain the most favorable business partnerships, including but not limited to quality, availability and cost.
* Plans and schedules deliveries to optimize inventories in support of production schedules/business demands by working with forecasting data/teams, planning teams, commodity teams and shipping/receiving teams.
* Reviews purchase requisitions and confers with vendors to obtain product information such as price, availability and delivery schedule, reviewing quotes for accuracy and competitive strategies.
* Implements process and procedure best practices by partnering with other functional leadership with the related product lines.
* Facilitates vendor corrective action and partners with SQE and suppliers to improve quality.
* Participates in Research and Development meetings, developing and implementing action plans to support requirements bringing new products expeditiously to market.
* Recommends pricing strategies to achieve department operating goals.
* Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement, usually being the single source of contact for the vendor.
* Investigates and recommends new vendors.
* Performs as purchasing subject matter expert for internal and external customers due to extensive knowledge of purchasing and product line operations.
* Provides coaching and mentoring to junior members of the purchasing team.
* Monitors supplier performance, communicates and takes action to maintain high levels of supplier performance.
* Maintains and updates supplier databases as required.
* Generates highly complex reports and performs data analysis to proactively plan or resolve issues.
* Works with inventory management/warehouse management to resolve issues.
* Lead special projects as requested to reduce cost, increase efficiency, etc. Note: The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and requirements, which may change from time to time based on business needs.
* Reviews and updates material master data on regular basis to ensure accuracy and efficiency.
* Participate in lead cost reduction PPV initiatives.
* Provide purchasing analyses in support of excess and obsolete inventory management for assigned commodities.
* Responsible for maintaining MRP/MPS item master and order rules in the ERP system, including unit of measure, order multiplier, min/max order quantity, ABC code, lead time, BOM maintenance, and standard material cost.
* Ensure all purchases comply with established requirements.
* Responsible for in transit status tracking and timely receipt of purchased items.
* Process, negotiate and manage various types of purchase orders
* Participates in the MRB disposition of rejected component materials and insures timely resolution to support production schedules, responsible for Return to Vendor (RTV) process and contacts supplier to obtain Return Material Authorization (RMA) for goods dispositioned as RTV.
* This job description supersedes any previous job descriptions with the same or similar title. When appropriate, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
* May processes some or all of the following: rejected components/corrective action, returns, debit memos, etc.
* Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
* Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments.
* Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
* Performs other related duties and responsibilities, on occasion, as assigned.
Required Qualifications
* Bachelor degree in Business, Supply Chain or equivalent experience.
* 5 years of progressively responsible experience in purchasing/commodity management
Preferred Qualifications
* 3 years working in a highly regulated environment preferred preferably from a medical device manufacturing environment
* 3 years working with purchasing electromechanical components and PCBs (Printed Circuit Boards) from any of the following highly-regulated manufacturing companies/industries: Medical Device, Defense/Aerospace, Aviation, Automotive, etc.
* Experience negotiating terms purchasing agreements
* Experience working in a broader enterprise/cross-division business unit model preferred.
* Ability to work in a highly matrixed and geographically diverse business environment.
* Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
* Ability to leverage and/or engage others to accomplish projects.
* Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.
* Multitasks, prioritizes and meets deadlines in timely manner.
* Strong organizational and follow-up skills, as well as attention to detail.
* Ability to travel approximately 10%, including internationally.
* Very knowledgeable of Excel (e.g. v-lookups, macros) and Power BI
* Experience using SAP MRP database (or JD Edwards)
* CPIM or CSCP certification
Apply Now
* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
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 $57,300.00 - $114,700.00. In specific locations, the pay range may vary from the range posted.