Procurement Manager – Lab Supplies

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

The Procurement Manager – Lab Supplies, drives the execution of complex category strategies encompassing multiple sites to continuously improve the assigned categories of spend. Collaborates with a cross-functional team of sourcing, operations, technical, finance and other colleagues to prioritize sourcing initiatives, develops sourcing strategies, negotiates contracts, supports spend migration from incumbent to preferred suppliers, and manages preferred supplier relationships.

Description

• Scale of Responsibilities

• Leads global category initiatives to deliver key category performance indicators including: savings, supplier rationalization, low-cost region sourcing, risk

• Participates in the development and leads the execution of a 3 to 5-year global sourcing strategies focused on identifying and contracting with preferred suppliers that meet key business needs and category management goals

• Analyzes cross-divisional spending and develops global strategic sourcing plans to reduce the total cost of ownership for all business units

• Acts as the key category interface with relevant Thermo Fisher business divisions ensuring alignment of strategies and financial targets

• Technical Responsibilities

• Provides thought leadership in developing and implementing sourcing strategies

• Monitors market intelligence and key trends, assesses impact and refines category plans to support business requirements

• Engages and supports division/site procurement teams and other key colleagues to qualify preferred suppliers & migrate spend from incumbent, non-preferred suppliers

• Analyze category supplier performance data to find opportunities for supplier performance improvement and to establish continuous improvement goals

• Manages the supplier qualification, RFP, supplier selection, contract development, implementation, compliance, and ongoing supply base management process

• Actively leads supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards

• Handles strategic contracts across suppliers, products and services within category

• Facilitates free-flow of spend intelligence and analysis to internal business leaders in order to enhance their decision making

• Drives negotiations for global agreements aligned with category strategy

• Leadership Responsibilities

• Collaborates with cross-functional colleagues (quality, technical, operations, finance, etc.) to ensure all category sourcing activities are aligned to a common set of goals and priorities

• Works with Division Business Partners and functional partners to gather business requirements for category strategy development

• Establishes category plans and priorities globally and ensures alignment with divisional business priorities

• Create and maintain a communication mechanism to ensure coordination with internal partners and reporting of sourcing impact

• Education, Experience, Knowledge and Skills

• Bachelor’s degree in Business or technical field or equivalent combination of experience and education. Master’s Degree is preferred

• Minimum of 6 years procurement/sourcing experience in mid to large multinational companies, with strong category/business engagement experience

• Business insight – knows how to assess market/business requirements dynamics and negotiate agreements that yield meaningful business value

• Experience working in highly regulated industries preferred

• Experience in a continuous improvement environment with a track record of achieving significant year over year results

• Demonstrated consultative/collaborative style in performing sourcing activities

• Influences without authority to motivate a cross-functional team in multiple geographies.

• Experience in life sciences, medical device, or pharmaceutical industries is preferred

• Ability to travel 0-5%