NPI Sourcing Project Manager

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 109,000 colleagues serve people in more than 160 countries.

NPI Sourcing Project Manager

Leading an active lifestyle is important to the many people we serve. In Abbott's Heart Failure division, we're advancing the treatment of heart and vascular disease through breakthrough medical technologies in ELECTROPHYSIOLOGY & HEART FAILURE, allowing people to restore their health and get on with their lives.

Abbott Medical is looking for an energetic individual as an NPI Sourcing Project Manager, you will have responsibility for sourcing of assigned parts and bill of materials in support of New Product Development. This position's responsibilities include: product cost and timing of procured components; working with cross-functional project teams and other members of the Supply Chain team to achieve component COGS targets; adherence to tooling budgets; execution of established sourcing strategies; and meeting project schedules, project milestones and Phase Gate deliverables.

WHAT YOU'LL DO

• Project Management:
  • Managing sourcing activities according to project timelines. Providing status updates to Sourcing management and Core Team members.
  • Identify and develop supplier risk management strategies for new product launches.
  • Responsible for communicating project sourcing strategies and risk mitigation plans to Engineering, Manufacturing, Supplier Quality Engineering, Category Management and Site Supply Chain.
  • Developing proactive escalation and mitigation plans as necessary to achieve project objectives.
  • Collaborating with Procurement Engineering, develop appropriate cost modeling strategies for NPI bill of materials.
• Product Development / Engineering relationships and Support:
  • Managing component requirements in support of project cost targets which may include supplier negotiations.
  • Managing supplier performance to required delivery dates to support development, design validation and product launch activities.
• Sourcing Activities:
  • Initiating RFXs and selecting direct material suppliers in accordance with the established category strategies and SOP's.
  • Ordering and managing prototype parts required to support product development projects.
  • Developing target costing and negotiating with suppliers to achieve targets.
  • Managing and negotiating procurement budgets related to supplier tooling, prototypes and additional procured components.
  • Working with preferred suppliers on new projects and assuring proper agreements are in place such as development agreements, and non-disclosure agreements.
  • Negotiate terms and conditions, price, quality and delivery for complex purchasing contracts or design development agreements and Statement of Work; approve and/or redraft contract clauses, including flow-down requirements.

EDUCATION AND EXPERIENCE YOU'LL BRING

Required

• BS/BA Degree in Supply Chain Management, Engineering, Finance or Business (Master's preferred).
• Minimum 5 years of working experience in manufacturing or New Product Development environment or a minimum 5 years Supply Chain experience.
• Ability to work independently in a highly project-management oriented capacity.
• Proactive nature to drive results from cross-functional teams, ability to influence critical elements and activities.
• Experience in negotiating complex contracts; design development agreements, Statement of Work, supply agreements.
• Domestic and international sourcing experience.
• Strong communication, organizational and interpersonal skills.
• Strong capabilities in the use of MS-Excel (advanced), SAP ERP Systems, MS-Work, MS-Access, MS-PowerPoint and MS-Project applications.

Preferred

• Experience in Product Development is highly desirable, inclusive of reading technical drawings and understanding manufacturing processes

WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:

• Training and career development, with onboarding programs for new employees and tuition assistance
• Financial security through competitive compensation, incentives and retirement plans
• Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
• Paid time off
• 401(k) retirement savings with a generous company match
• The stability of a company with a record of strong financial performance and history of being actively involved in local communities

Learn more about our benefits that add real value to your life to help you live fully:

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.

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