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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.
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
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.
The Opportunity
This position works out of our Minnetonka, MN location in the Cardiac Rhythm Management division.
As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.
Buyer II is responsible for obtaining materials, components, and equipment. Process requisitions and create Purchase Order (PO) execute transactions in an efficient, accurate manner, and according to Division and Corporate policies. Work closely with Category Managers, site Material Production Planners, and key partners in the Division. Provide vendor reliability data, monitor cost, and scope of assigned subcontracts to assure best quality at best value. Minimize the total cost of transactions without affecting service levels.
What You’ll Work On
• Creates and processes purchase orders, direct and indirect, in accordance with documented procurement processes to include, subcontract purchase orders, third party manufacturing orders, and purchase order changes.
• Executes procurement plans, reports supplier performance, aligns with contracts, and processes purchase requests, while ensuring the timely and uninterrupted flow of materials between suppliers and site.
• Communicates with Management and Stakeholders purchase order status.
• Manages orders through completion and executes closures once fulfilled.
• Interacts with suppliers and is responsible for maintaining and, enhancing good business relationship between Abbott and suppliers.
• Communicate component specifications to suppliers.
• Mitigate invoicing issues.
• Updates vendor performance data.
• Supports development of supplier scorecards and Service Level Agreements (SLA).
• Manage the implementation of suppliers (including ensuring the ordering of appropriate first articles and validations).
• Facilitate cost savings and quality improvement projects through purchasing.
• Manages material master data in ERP.
• Uses continuous improvement to establish metrics, drive KPIs, standardize and automate tactical activities over time.
• Support site projects that contribute to organizational goals.
• Provides audit support of purchasing policies and procedures.
EDUCATION AND EXPERIENCE YOU’LL BRING
• Bachelors Degree Or an equivalent combination of education and work experience
• Minimum 5 years related work experience.
• A good understanding of specified functional area.
• Technical/Business Knowledge (Job Skills)- Working knowledge and application of business concepts, procedures and practices.
• Will perform this job in a quality system environment. Failure to adequately perform tasks can result in noncompliance with governmental regulations.
• Cognitive Skills-Works on problems of moderate scope where analysis of situations or data requires a review of identifiable factors.
• Exercises judgment within defined procedures and practices to determine appropriate action.
• Has a general knowledge of technical alternatives and an understanding of their impact on the systems environment.
• Good working knowledge of procurement concepts, procedures, and practices: – Contracting and supplier management – Commercial and contracting terms and negotiations – Procurement tools – Master data management.
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 and @AbbottGlobal.
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.
