Director, Margin Improvement

Company: Abbott Laboratories
Location: Pleasanton
Posted on: May 12, 2022

Job 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 113,000 colleagues serve people in more than 160 countries.Leading an active lifestyle is important to the many people we serve. In Abbott's Heart Failure (HF) business, we're developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.Based at the Pleasanton, CA site, the Director of Margin Improvement will own the Margin Improvement program for the Heart Failure (HF) division. The incumbent will lead and influence margin improvement initiatives while collaborating across cross-functional division leadership to drive and achieve targeted margin goals. The scope will include both long-term planning and roadmap development, as well as short-term execution of critical projects and programs. This position reports to HF Operations Divisions Vice President. WHAT YOU'LL DO

• Leading HF division's Margin Improvement governance process, including identification and execution of large-scale / high-impact initiatives and reporting of progress to HF Executive Steering committee, Medical Device division leadership, and Corporate leadership.
• Develop and execute long-term strategy and roadmap for HF Gross Margin profile.
• Collaborate with HF division leadership to assign goals, develop project funnels, support execution, and manage/mitigate risks.
• Establish, develop, and evolve Workstreams to address key areas of opportunity.
• Develop and deploy sustaining tools and processes to support the evaluation and identification of opportunities across direct and indirect spend areas.
• Ensures that high impact programs are defined, resourced and implemented in order to achieve financial objectives as defined by both the Annual and Long-Range Plans. - performing benchmarking and cost structure analysis to define significant opportunities for improvement.
• Collaborate closely with Global Procurement and cross-divisional Margin Improvement resources to identify and deliver margin and profitability programs.
• Accountability / Scope: This position has control over strategic programs that will enable the organization to meet short and long-term objectives for Margin and Profitability; programs will cover global footprint for HF functional areas including Operations, QA, R&D and Commercial.EDUCATION AND EXPERIENCE YOU'LL BRING
  • Bachelor's Degree in business, Engineering or Science or an equivalent combination of education and work experience
  • Minimum 10 years' experience with large scale program and/or portfolio management experience that impact multiple functions and/or regions, impacting divisional and/or enterprise-wide strategies or goals.
  • Minimum 10 years' experience management/supervisory experienceWHAT WE OFFER At Abbott, you can have a good job that can grow into a great career. We offer:
    • Training and career development, with onboarding programs for new employees and tuition assistance
    • Financial security through competitive compensation, incentives and retirement plans
    • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
    • Paid time off
    • 401(k) retirement savings with a generous company match
    • The stability of a company with a record of strong financial performance and history of being actively involved in local communitiesLearn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. 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.

Keywords: Abbott Laboratories, Pleasanton , Director, Margin Improvement, Executive , Pleasanton, California