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Procurement Manager

3 months ago

Morrisville, United States Thermo Fisher Scientific Full time

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

As part of the Thermo Fisher Scientific team, youâll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the worldâs toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.

Excellent Benefits Package

Review our companyâs Total Rewards

Medical, Dental, & Vision benefits-effective Day 1

Paid Time Off & Holidays

401K Company Match up to 6%

Tuition Reimbursement â eligible after 90 days

Employee Referral Bonus

Employee Discount Program

Recognition Program

Charitable Gift Matching

Company Paid Parental Leave

Career Advancement Opportunities

How will you make an impact?

The Procurement Manager â Filtration, drives the execution of complex category strategies encompassing multiple sites necessary 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 leads preferred supplier relationships

Scale of Responsibilities

  • Leads global category initiatives to deliver key category performance indicators including: savings, supplier rationalization, low-cost region sourcing, risk
  • 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
  • Participates in the development of 3-5 year global sourcing strategies focused on identifying and contracting preferred suppliers that meet key business category management goals

Technical Responsibilities
  • 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
  • Actively participates in supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards and continuous improvement goals
  • Handles strategic contracts across suppliers, products and services within category
  • 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
  • Establishes category plans and priorities globally and ensures alignment with divisional business priorities

Education/Experience

  • Bachelorâs degree in Business or technical field or equivalent combination of experience and education. Masterâs Degree is preferred
  • Minimum of 7 years procurement/sourcing experience in mid to large multinational companies, with strong category/business engagement experience
  • Knows how to assess market/business requirements dynamics and negotiate agreements that yield meaningful business value
  • Experience working in highly regulated industries
  • Demonstrated consultative/collaborative style in performing sourcing activities
  • CPSM or equivalent is preferred
  • Hands-on manufacturing and/or supply chain experience is preferred
  • Experience in life sciences, medical device, or pharmaceutical industries is preferred
  • Ability to travel 25 to 50%