Design to Cost Engineer

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.

About Abbott

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 yours el f and family, be your true s el f and live a full life. You'll also have access to:
•    Career dev el opment with an international company where you can grow .
•    Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
•    An exc el lent 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 bach el or'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. 
•    A company that is recognized as one of the best big companies to work for as w el l as a best place to work for diversity, working mothers, female executives, and scientists. 

The opportunity

Design to Cost Engineer is responsible for dev el oping analyses and opportunities using their mec ha n ical engineering skills. This Engineer will work with multiple Abbott businesses to secure the product supply , reduce costs, increase yi el ds, value engineer products , solidifying the Abbott Labs supply chain.

Core Responsibilities:

• Develop a portfolio of projects to deliver results in fast-changing business environments. 
• Lead projects and project leaders to have a significant impact on global business.
• Ideates with business stakeholders to deliver a broad solution set.
• Solves complex problems, takes a broad perspective to identify solutions.
• Drive value and savings for categories.
• Collaboration with functions

Strategic Thinking:

• Coordinate across corporate, functions, and divisions to share best practices and adherence to guidelines.
• Understand the overall needs of multiple business units and negotiate an accepted portfolio meeting the most strategic needs of the category.
• Measure and track internal performance.
• Advise business unit(s) about similar strategies employed by other healthcare companies.

R el ationship Management:

• 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 categories across regions.
• Continually look for opportunities for cost reductions and cost avoidance.

Compliance:

• Responsible for compliance with applicable Corporate and Divisional policies and procedures.

Accountability:

• Operates with goals set by the DVP/Senior Director of Category.
• Has a direct impact on budgets, expenses, and major project completion.

Business Impact:

• Spend: $50-100MM
• Suppliers:500-750
• Connection within business: 5-10
• The span of control: global

Minimum Education:

• BA or equivalent experience required.
• Successful, 2-4 years track record within procurement and supply chain management
• Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM) or similar certification desirable
• A Project Management Professional (PMP) or similar certification is desirable.

Minimum Education/Training Required:

• 2-4 years of Engineering and/or Procurement and /or deep Category experience.
• Strong functional experience preferably with the knowledge of mechanical engineering skills.
• Strong project management skills.
• Strong communication skills (written and verbal)
• Strong interdisciplinary, intercultural, influence, and networking skills
• International experience
• Deep knowledge of category technologies and products.
• Strong negotiating skills

Apply Now

* Participants who complete a short w el lness 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 w el lness benefits, which provide the security to h el p you and your family live full lives:  www.abbottbenefits.com 
Follow your career aspirations to Abbott for diverse opportunities with a company that can h el p 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.