ABBOTT LABORATORIES Associate Procurement Specialist - Marketing Services Salary in the United States

How much does a Associate Procurement Specialist - Marketing Services make at companies like ABBOTT LABORATORIES in the United States? The average salary for Associate Procurement Specialist - Marketing Services at companies like ABBOTT LABORATORIES in the United States is $52,168 as of March 26, 2024, but the range typically falls between $43,161 and $61,175. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

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What does a Associate Procurement Specialist - Marketing Services do at companies like ABBOTT LABORATORIES?

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 Job Function:

This position will play a role in executing procurement activities within Global Procurement’s U.S. Procurement Operations team.Procurement Operations is a team of procurement professionals focused on effectively and efficiently meeting the sourcing needs of the business, primarily through supplier selection, negotiation and contracting with suppliers in compliance with global or regional spend-category strategies; or in compliance with ad hoc supplier and tail spend management strategies.The Procurement Operations team is a critical component of Abbott’s Global Procurement model, wherein the business is guided to preferred strategic suppliers and/or established buying channels to drive compliance to procurement and business strategy.

This role will be responsible for Procurement Operations activities, including execution of contracts and statements of work, supporting the Logistics category within U.S. Procurement Operations.  Working with customers, internal and external, and the Divisions to solve issues and drive high levels of customer service.  The Procurement Specialist has delegated authority to commit company funds while contributing cost savings and partnerships with suppliers and internal customers.

  • Works within defined processes and procedures, while proactively seeking innovative ways to improve the procurement processes, cycle times, and customer service levels
  • Understanding of the "One Procurement" strategies.  Strong knowledge across the category that impacts the team positively.

Core Job Responsibilities:

  • First line responder for procurement requests; pivots between operations and strategy sourcing
  • Execute contracts/Statements of Work/RFx's/ordering documents
  • Assist with supplier selection
  • Manage day to day supply issues
  • Analyze possible solutions using standard procedures.
  • Communicates pertinent information to both internal customers and suppliers to keep apprised and to prevent delays/issues
  • Manage PO approvals - up to $199,999
  • Educate on existing solutions and enable performance and tech tools development
  • Lead resolution on issues and invoice errors
  • Scope change management and communicate trends of changes
  • Drive savings outcomes
  • Collaboration with various functional business areas

Use of metrics, participation in daily huddle meetings, and collaboration with Regional and Global procurement colleagues are critical in this role.

Drive compliance to procurement strategy by building knowledge of existing category strategies and procurement processes in order to effectively guide business stakeholders to selected suppliers and appropriate purchasing method.Act as key communication point for business stakeholder in the guidance process.

Develop, manage relationships with and balance priorities of key Abbott stakeholder groups including:Global Procurement Strategic Category Leads, Shared Service Operations, Legal, IT Vendor Risk Management team, Finance and internal Business stakeholders/customers.

Continuously optimize Procurement Operations process and tools via known improvement methodologies through use of technology, templates and information repositories.

Drive and promote the Global Procurement vision and Procurement Operations mission across the stakeholder community to promote adoption the vision, drive compliance to strategy, create a seamless procurement experience for business partners, and reduce tactical work for the organization.

Strategic Thinking:

  • Performs routine professional-based activities and contribute to and manage some projects.
  • Communicate with appropriate departments to clarify request and obtain appropriate supporting documentation for the purchase

Relationship Management:

  • Implement agreed purchasing strategies
  • Seek and support business relationships with diverse suppliers
  • Work regularly with divisional customers and support functions to ensure good customer satisfaction and continuous improvement

Leading People:

  • Seek, develop, and maintain business relationships with suppliers, clients and customers

Compliance:

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

Accountability:

  • Executes against the goals set by the Procurement Operation Leads/Managers.
  • Seek innovative ways to maintain and improve procurement processes, cycle times, total acquisition costs, and customer service levels.

Minimum Education:

  • Bachelor’s Degree: Engineering, Science, Business, or Financial Degrees
  • CPM certification desired

Minimum Experience/Training Required:

  • 0-2 years of or Procurement experience
  • Marketing background experience desirable
  • Strong customer service skills                            
  • Strong problem-solving skills          
  • Good communication skills (written and verbal)
  • Good time management/prioritization skills
  • Good interdisciplinary, intercultural, influence, and networking skills
  • Experience with various Procurement tools (e.g. SAP, Ariba, Coupa, contract lifecycle management tools, RFx tools) desirable

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$43,161 Low Average $52,168 High $61,175

Understand the total compensation opportunity for Associate Procurement Specialist - Marketing Services at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$43,161
$61,175
$52,168
The chart shows total cash compensation for the ABBOTT LABORATORIES Associate Procurement Specialist - Marketing Services in the United States, which includes base, and annual incentives can vary anywhere from $43,161 to $61,175 with an average total cash compensation of $52,168. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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