ABBOTT LABORATORIES Purchasing Manager Salary in the United States

How much does a Purchasing Manager make at companies like ABBOTT LABORATORIES in the United States? The average salary for Purchasing Manager at companies like ABBOTT LABORATORIES in the United States is $136,453 as of May 01, 2023, but the range typically falls between $117,469 and $155,437. 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, helps you determine your exact pay target.  View the Cost of Living in Major Cities


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What does a Purchasing Manager 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.

This position is responsible for ensuring company wide purchasing system compliance, and leadership in the application of purchasing policies and procedures.  This includes overall responsibility for the procurement of all goods and services that ADC uses to develop new products, produce existing products and support business functions, including, but not limited to:    Production materials and contracted manufacturing services R&D and production capital equipment                  Contract negotiations for multiple sites  MRO goods and services Facilities construction, office equipment and related services  Information systems equipment, data communications and software Procurement contracts and agreements for goods and services Managing planning and production of Third Party Manufacturing Managing supplier relationships for all indirect (MRO) suppliers.


Develops and prioritizes overall purchasing department goals and objectives.

Measures performance, and.

Institutes corrective actions to achieve them when  necessary.

Leads and manages critical material, capital equipment and services contract negotiations.

Negotiates multimillion dollar contracts that will impact multiple sites.

Ensures the implementation and use of all purchasing modules in PeopleSoft.

Develops and monitors the Abbott Supplier Diversity Program.

Promote and ensure compliance with all division Purchasing policies and procedures.

Ensure division Purchasing policies and procedures comply with applicable statutory, regulatory and Corporate requirements.

Responsible for the quality and delivery of all purchased goods and services.

Develops objectives and programs to reduce the total acquisition costs for MRO and purchased services.

Responsible for insuring procurement staff development and providing professional guidance.


Bachelors Degree (MBA preferred) required or minimum of eight years demonstrated increasing experience in Procurement or Sourcing function, five of which were in managing roles in that function.  Very good financial skills, with understanding of costing models, financial statements (i.e. income statement, balance sheets and cash flow statements).  Demonstrated experience in baseline analysis, leverage indications, target setting, negotiation strategies, and execution of negotiations.  Able to define and develop a category strategy.  Demonstrated skills in contract development and negotiation including negotiating contracts impacting multiple sites.  Demonstrated experience with development, implementation and management of company wide Procurement system policies and procedures.  Proven ability to work successfully cross-functionally and collaboratively to problem solve, initiate and manage projects, influence internal and external groups, and provide leadership from a Procurement perspective.   Significant experience in developing and maintaining positive supplier relationships.  Highly developed written, oral and interpersonal skills.

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$117,469 Low Average $136,453 High $155,437

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

Average Total Cash Compensation

Includes base and annual incentives

The chart shows total cash compensation for the ABBOTT LABORATORIES Purchasing Manager in the United States, which includes base, and annual incentives can vary anywhere from $117,469 to $155,437 with an average total cash compensation of $136,453. 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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