Abbott

Compensation

Full Description

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. 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 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 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 We have an immediate opportunity for a Senior Manager, Marketing Procurement in our Lake County, Abbott Park, IL or Willis Tower, Chicago, IL location. As a Senior Manager, Marketing Procurement, you will lead global procurement strategy and execution across marketing categories. You will partner closely with senior Marketing leaders, regional teams, and agency partners to shape the future of Abbott’s global agency ecosystem. In this role, you will drive measurable value, elevate supplier performance, and ensure our marketing teams are poised for innovation and growth —especially in areas such as digital transformation, marketing technology platforms, and emerging AI/GenAI solutions. You will influence key decisions, lead complex sourcing initiatives, and champion procurement excellence while adhering to the highest standards of business ethics and integrity. This position offers a high‑visibility platform with opportunities for professional growth, cross‑category exposure, and expansion of responsibilities across the broader Marketing Procurement organization. What You'll Work On: Category Leadership Lead Marketing Procurement sub-category—currently spanning $250M–$350M in global Marketing and Advertising spend. Translate business priorities, challenges, and strategic objectives into actionable procurement strategies and executional excellence that unlock value and enable best‑in‑class marketing. Provide compelling category insights and market intelligence to influence Marketing leadership’s strategic planning, including trends across marketing technology platforms, AI/GenAI tools, digital activation, and evolving agency models. Value Creation & Strategic Execution Identify and drive cost improvement opportunities; partner with Marketing leadership to prioritize, resource, and execute value‑creation initiatives. Own cost‑savings targets, performance reporting, and category KPIs. Lead complex global RFQs/RFIs/RFPs, ensuring best‑in‑class agency and supplier partnerships. Conduct market research, benchmarking, and capability assessments to stay ahead of industry dynamics and emerging digital trends. Support vendor screening and selection processes and guide stakeholders on sourcing best practices. Negotiation & Contracting Develop and execute fact‑based negotiation strategies with high‑profile suppliers and agency partners. Partner with Legal and business stakeholders to structure and execute Master Service Agreements and Statements of Work. Operational Excellence Recommend and implement process improvements to streamline sourcing and vendor management workflows. Utilize procurement tools and technologies to enhance cycle times, efficiency, and customer experience. Escalate issues appropriately and drive resolution with urgency and accountability. Elevate procurement organization by teaching, training and guiding other individuals in Marketing Procurement. Relationship Management Build strong, trust‑based relationships with key agencies, suppliers, global Marketing leaders, and cross‑functional partners. Maintain ongoing engagement with regional and divisional teams to ensure alignment, satisfaction, and continuous improvement. Serve as a strategic advisor, bringing forward innovative solutions and partnership opportunities. Strategic Influence Provide thought leadership across digital marketing procurement, contributing strategic guidance and category expertise to senior stakeholders. Lead and influence cross‑functional teams to deliver high‑impact initiatives in a fast‑paced, evolving environment. Required Qualifications: Bachelor’s degree: advanced education preferred. 7+ years of experience in marketing/Marketing Technology procurement and/or advertising agency role in account management, media planning/investment or strategy/planning. Demonstrated ability to lead large, high‑visibility initiatives from concept to delivery, achieving clear business outcomes. Outstanding communication and executive‑level influencing skills, with a history of shaping decisions and gaining alignment from senior leadership. Strategic thinker with strong problem‑solving skills and high tolerance for ambiguity. Preferred Qualifications: Deep experience with marketing technology platforms (e.g., DAM/CMS, AdTech, workflow automation) and expert level understanding of AI/GenAI applications in marketing—including automated content creation, predictive analytics, and AI‑driven media optimization. Highly collaborative; comfortable working across all levels of a global organization. Demonstrated ability to manage sensitive situations and conflicting priorities with professionalism. Strong project management capabilities; advanced proficiency in PowerPoint, Excel and a demonstrated ability to learn new tools quickly. Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com Follow your career aspirations to Abbott for diverse opportunities with a company that can help 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. The base pay for this position is $129,300.00 – $258,700.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Category Management DIVISION: GPS Global Purchasing Services LOCATION: United States > Abbott Park : AP52 ADDITIONAL LOCATIONS: United States > Chicago : Willis Tower Building 233 S Wacker Dr. WORK SHIFT: Standard TRAVEL: Yes, 5 % of the Time MEDICAL SURVEILLANCE: No SIGNIFICANT WORK ACTIVITIES: Keyboard use (greater or equal to 50% of the workday) Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter