Procurement Manager - Third Party Manufacturing
Listed on 2026-01-04
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Business
Business Management, Business Analyst
Procurement Manager – Third Party Manufacturing
Join to apply for the Procurement Manager – Third Party Manufacturing role at Abbott
. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio spans diagnostics, medical devices, nutritionals, and branded generic medicines. Over 114,000 colleagues serve people in more than 160 countries.
- 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 worldwide and named one of the most admired companies by Fortune.
- A company that is recognized as one of the best big companies to work for and as a leader in diversity, working mothers, female executives, and scientists.
This position works out of our Alameda, CA location in the Diabetes Care division where we focus 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 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. It is a key role to meet the division’s operational and financial goals.
- 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.
- 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.
- 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.
- 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.
- Maintain executive-level engagement with TPM account managers and site leadership.
- Conduct structured business reviews to drive performance, innovation, and continuous improvement.
- 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.
- 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 cross-functional engagement.
- Review supplier quotes for accuracy and prepare comparison reports.
- Create purchase requisitions, manage approvals, and maintain POs through closure.
- Act as first-line responder, pivoting between strategy, operations, and transactional sourcing.
- Lead and execute…
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