Procurement Manager - Third Party Manufacturing

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.##
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* 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 forfree medical coverage in our Health Investment Plan (HIP) PPOmedical plan in the next calendar year.
* An excellent retirement savings plan with a high employer contribution
* Tuition reimbursement, the  student debt program, and  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 position works out of our Alameda, CA location in the Diabetes Care division where we're focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people monitor their glucose levels with our new sensing technology.

This role leads Third-Party Manufacturing (TPM) operations, cost optimization, supply risk mitigation and supplier performance. The position requires strong leadership, analytical skills, and strategic thinking to ensure supply continuity, financial control, and compliance with applicable policies and procedures. This is a key role to meet divisions operational and financial goals.
** What You’ll Work On
**** Supply Chain Planning & Optimization
*** Partner with Supply Planning and site leadership to support integrated business planning.
* Ensure optimal raw material availability and capacity allocation.
* Align operational plans with enterprise objectives to support business continuity and growth.
** Risk Management & Business Continuity
*** Identify and assess supply continuity risks; implement mitigation strategies.
* Collaborate with Category Teams and TPMs to anticipate risks and develop contingency plans.
* Define and maintain strategic safety stock levels with Category, Finance, and TPM teams.
** Financial Leadership
*** Develop dynamic cost models to forecast and evaluate market and operational impacts.
* Ensure accuracy of TPM PPV reports and oversee reconciliation processes.
* Analyze yield loss drivers, lead improvement projects, and present insights to senior leadership.
* Establish governance and monitoring processes for prepaid inventory at TPMs.
** Cost & Contract Negotiations
*** Lead annual pricing negotiations and headcount reviews aligned with cost objectives.
* Drive Gross Margin Improvement initiatives through TPM collaboration.
* Negotiate short- and long-term contracts to optimize total cost of ownership.
* Escalate critical commercial issues to TPM leadership for resolution.
** Strategic Supplier Relationship Management
*** Maintain executive-level engagement with TPM account managers and site leadership.
* Conduct structured business reviews to drive performance, innovation, and continuous improvement.
** Quality Governance
*** Partner with Supplier/TPM Quality Assurance to develop supplier scorecards and metrics.
* Support and facilitate supplier audits to ensure compliance and quality standards.
* Collaborate with Quality teams to address and resolve performance gaps.
** New Product Introduction (NPI) Enablement
*** Participate in R&D and project governance meetings for seamless product launches.
* Manage RFQ/RFP processes with suppliers for timely and competitive bids.
* Lead initiatives to minimize Excess & Obsolescence (E&O) risk through…