ABBOTT LABORATORIES Manager Supply Optimization Salary in the United States

How much does a Manager Supply Optimization make at companies like ABBOTT LABORATORIES in the United States? The average salary for Manager Supply Optimization at companies like ABBOTT LABORATORIES in the United States is $52,255 as of June 27, 2024, but the range typically falls between $45,455 and $59,054. 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 Cities

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What does a Manager Supply Optimization 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 115,000 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 yourself and 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 .
  • Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
  • An excellent 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 bachelor’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 well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Temecula, CA location in the Abbott Vascular Division. Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.

The Manager Supply Optimization focuses on the following:

  • Management of the supply planning, S&OP, and inventory management functions.
  • Sets strategic direction for the supply chain organization in planning and production of inventory worldwide.
  • Leads key supply chain strategic and tactical initiatives.
  • The organization achieves this through balancing numerous conflicts and constantly changing elements, e.g. customer demand, inventory investment, production capabilities, changing business needs and strategies, regulatory requirements, technology changes and supplier capabilities.

What You’ll Work On

  • Manages the development of production plans to support end customer sales, independent demand, and finished goods changes.
  • Manages finished goods inventory levels and safety stocks in support of end customer sales at the desired service levels, while maintaining the lowest inventory investment possible.
  • Resolves product delivery conflicts with plans and prioritizes production schedules.
  • Sets strategic and tactical direction for the supply planning organization to support business plans.
  • Develops strategic improvement initiatives to meet long-range goals; assure implementation of these initiatives.
  • Provides short/long term production plans for capacity analysis to enhance decisions related to headcount, key equipment and/or facility investments.
  • Consolidates, reviews, and approves information required for plans and updates; presents to senior management.
  • Ensures schedule commitments and financial goals are met.
  • Manages resources, provides direction to staff, approves broad staffing decisions and develops the organization to ensure effectiveness.
  • Coordinates, reviews, and approves operations budgets, capital plans, productivity/quality projects, cost improvement projects and safety projects.
  • Manages the introduction of new products to ensure a flexible strategy is maintained.
  • Translates inputs from technical meetings and Marketing into impact on short term and long term inventory strategies.
  • Coordinate plans with R&D/Mfg/Marketing to ensure adequate inventory levels are reached prior to Market entry.
  • Serves as liaison with the commercial organization to assure customer expectations are met and relationships are maintained.
  • Communicates with senior Abbott management and executive management.
  • Develops and tracks goals and objectives to assure annual improvements in operational performance, product quality, productivity, and customer satisfaction.
  • Establishes effective measurement systems for performance to assure meeting of quality, customer and cost expectations.

Required Qualifications

  • Bachelor degree in Engineering, Supply Chain or Business Management
  • MBA preferred Supply Chain and Project Management certifications preferred
  • Minimum of 5 years of related work experience
  • This position requires excellent leadership, problem solving, negotiating, and general “people skills”
  • Excellent written and oral communications skills with particular attention to detail.
  • Proficient with MS Excel and PowerPoint and presenting to executive leadership

Preferred Qualifications

  • Knowledge of regulations and standards affecting IVDs and Biologics.
  • 5 years Materials Management
  • 5 years Financial Management
  • 5 years Senior level Business or Project Management
  • 5 years Operations/Manufacturing Management
  • 5 years Engineering/Technical Management
  • 2 years Marketing/Commercial Operations

Apply Now

  • Participants who complete a short wellness 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 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 and @AbbottGlobal.

The salary for this role is between $90,700 – $181,300

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Understand the total compensation opportunity for Manager Supply Optimization at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$45,455
$59,054
$52,255
The chart shows total cash compensation for the ABBOTT LABORATORIES Manager Supply Optimization in the United States, which includes base, and annual incentives can vary anywhere from $45,455 to $59,054 with an average total cash compensation of $52,255. 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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