Veterans at Abbott
Abbott Principal Design to Cost Engineer (Mechanical) in Abbott Park, Illinois
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 103,000 colleagues serve people in more than 160 countries.
Primary Function: Principal Engineer is responsible to embody thought leadership for Design for Cost. Must constantly scan the technological and workmanship landscape to identify trends that can be incorporated in the design practices for Abbott Products. Will be responsible to mentor and lead Mechanical Engineers that design, build, and test alternate solutions for Abbott Products. Also responsible to identify and replicate best practices across multiple sub-assemblies and multiple Abbott Products in multiple divisions.
Develops a portfolio of projects to deliver results in fast changing businesses environments.
Develops and launches initiatives to meet the business strategy and needs
Lead projects and project leaders to have significant impact upon global business.
Anticipates internal/external business challenges and drives change
Ideates with business stakeholders to deliver a broad solution set
Solves complex problems, takes a broad perspective to identify solutions
Educate on existing solutions and enable performance and tech tools development
Aligns with supplier technology roadmaps and core competency to deliver solutions for Abbott
Drive value and savings for categories
Collaboration with functions
Understands and contributes to the business unit strategy, based on the specific business and technology expertise, and translates business strategy for category.
Leads change and innovation. Stimulates creativity and innovation in others. Open to new ideas. Supports change and take risks. Promotes a Global Perspective.
Define and champion category procurement strategy for Abbott- align with overall strategy and be an enabler
Drive Total Cost of Ownership reductions for category. Clearly define category taxonomy and manage baseline
Coordinate across corporate, functions, divisions to share best practices and adherence to guidelines.
Understands the overall needs of multiple business units and to negotiate an accepted portfolio meeting the most strategic needs of the category.
Measure and track internal performance for Abbott users.
Advise business unit(s) about similar strategies employed by other healthcare companies.
Manage initiatives that span virtual teams across the world and cross cultures.
Influence and partner with business leaders (Manager, Director) to manage and align the category. Closely collaborate with adjacent business departments, and external partners to ensure adequate and timely delivery of agreed services, in line with agreed service levels.
Partner and collaborate with key One Procurement staff of other Abbott divisions in order to support cross divisional business initiatives and explore Procurement synergies and efficiencies.
Build and maintain strategic relationships with key category vendors as well as counterparts at other Healthcare/Consumer companies. Manage ongoing Supplier relationships.
Implement agreed purchasing strategies for category
Initiate a collaborative environment among stakeholders
Maintain strong relationships across various functions, demonstrate the value-add of leveraging and build enthusiasm and support for adoption.
Ensure optimal balance between value for money and cost savings is achieved, while ensuring quality and good customer service
Monitor market dynamics for category across regions
Continually look for opportunities for cost reductions and cost avoidance.
Manage category projects across business unit, and division wide when and where applicable. Participate in business projects based on category expertise.
Lead project teams responsible for selection of category strategy. Responsible for people leadership. Recruit, mentor, train and develop talent.
Confronts and deals with people issues in a constructive and timely manner. Responsible for overall morale of team and promotes cohesive attitude.
Execute against established staffing/resources plan.
- Responsible for compliance with applicable Corporate and Divisional policies and procedures.
Operates with goals set by the DVP/Senior Director of Category.
Erroneous decisions would normally result in failure to complete projects critical to major objectives of the category.
Has direct impact on budgets, expenses and major project completion.
Key Organizational Relationships:
Corporate head of Procurement
Manufacturing Head of Divisions
Functional Heads ex: head of IT, head of Legal
Division Purchasing leadership
Division commercial and operations stakeholders
Core and Lead Agents
- Manage virtual team and project staff up to 10-15 people. Directly manages up to 4 leads.
Direct Budget Responsibility:
- Financial implications of the Spend ranging up to $ 50-100MM. Cumulative Category budgets ranging up to $1-2MM.
Connection within business: 5-10
Span of control: global
BA or equivalent experience required: MBA preferred
Successful, 5+ year track record within procurement and supply chain management
Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM) or similar certification desirable
Project Management Professional (PMP) or similar certification desirable
Minimum Education/Training Required:
10+ years of Engineering and/or Procurement and /or deep Category experience.
Some functional experience.
Strong project management skills.
Strong communication skills (written and verbal)
Strong interdisciplinary, intercultural, influence, and networking skills
Some knowledge of markets by regions
Some experience with Supplier management
Ability to develop actionable implementation plans
Relevant business process knowledge, as related to Procurement and Category Management.
Deep knowledge of category technologies and products.
Strong negotiating skills
Some experience leading teams
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email firstname.lastname@example.org