Head of Tender Management
5 months ago
**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.
We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.
Our rapid diagnostics solutions are helping address some of the world’s greatest healthcare challenges.
**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 will have access to:
- Career development with an international company where you can grow the career you dream of.
- 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.
Abbott Rapid Diagnostics is hiring a Head of Tender Management based in Dubai.
**The Opportunity**
As the Head of Tender and Pricing Strategy, you will play a pivotal role in steering ARDx's success in the competitive landscape of tenders. Your responsibilities encompass strategic planning, data-driven insights, relationship building, and the execution of comprehensive tender programs. By leveraging your expertise in data analysis, strategic planning, and stakeholder engagement, you will contribute significantly to Abbott's growth in the tender channel.
Core Responsibilities:
1. Collect, Maintain, and Leverage Tender Data to Solve Problems, and Identify Growth Opportunities: Implement effective data collection strategies for tender products, organizations, pricing, and win rates.
Utilize primary and secondary research to align data collection with strategic account management requirements. Classify tender win rates based on market access and fulfillment capabilities. Manage and analyze data for tracking tenders, results, competitor information, and compliance changes.. Generate insightful data to guide ongoing tender development and execution. Institutionalize data collection approaches for a competitive advantage.
2. Develop Strategic Plan:
Understand market and customer needs to align portfolio accordingly. Identify and leverage key trends for strategic planning. Prepare proactive strategic plans for expected tenders 9 to 12 months in advance. Develop a structured roadmap to optimize tender performance. Set commercial policy, pricing strategy, and align with global supply. Integrate high probability tenders into the operating plan.
3. Develop Pricing Strategy
Analyze market dynamics, competitor pricing, and customer insights to formulate pricing strategies that optimize profitability. Collaborate with cross-functional teams to align pricing with product positioning, market value, and customer expectations. Utilize pricing models and tools to determine optimal price. Continuously evaluate and adjust pricing strategies based on market feedback and business performance. Design and develop a comprehensive pricing decision simulator tool to facilitate data-driven pricing decisions
4. Develop Tactical Plan:
Create bid strategies and review bid/negotiation processes. Develop strategies to maximize participation, revenue, and profitability from tender sales. Ensure mutual contract compliance and develop a customer feedback loop. Establish frameworks to spot and drive incremental value in the tender business. Benchmark Abbott's strategy against competitors.
5. Plan and Execute Tenders:
Perform tender screening and obtain pre-approvals on pricing and documentation. Establish a standard tender preparation, submission, and follow-up process. Develop metrics for lead and lag indicators on tender management. Manage RFP, develop responses to bids, and track bid outcomes.
6. Manage and Leverage Tender Knowledge Base:
Develop comprehensive knowledge of tender processes and bidding techniques. Foster cross-collaboration and documentation knowledge to drive high-quality tenders. Establish frameworks for competitive intelligence and best practices in tender management. Create and integrate frameworks aligning product and market messages with customer needs. Develop and institutionalize frameworks for analysis, forecasting, and budgeting. Build long term and sustained with external and internal stakeholders.
7. Develop, maintain, and enhance relationships with key decision makers in local markets such as govt. officials, procurement committees at various levels. Leverage relationships decision makers and key stakeholders in local markets to understand changes in bidding processes, drive and shape bid strategies and shape tender wins. Set
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