Director, Category Strategy, Total Rewards

3 weeks ago


Princeton, New Jersey, United States Bristol-Myers Squibb Full time
Director, Category Strategy, Total Rewards & Workforce Experience

Working with Us
Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You'll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives.

The Director, Category Strategy, Total Rewards & Workforce Experience role is responsible for the development of strong business relationships while leading the strategic sourcing and procurement activities for HR categories. Areas of focus include but are not limited to: US and Global benefits, compensation, wellness programs, payroll, executive coaching, and team effectiveness. This role will engage closely and frequently with senior business partners in the HR organization to understand strategic business objectives, develop a fit-for-purpose category strategy and drive business outcomes.

This role is expected to have proven experience in Total Rewards and Workforce Experience space, while expertise & and knowledge of other HR categories is preferred. Having this background will enable the team's ability to drive the strategic focus areas of BMS and ensure that the work within this category strategy can meet business needs.

This role is also seen as a trusted advisor to senior HR stakeholders, and as a main point of contact for HR-related procurement needs. This will require this role to have strong coordination, collaboration and partnership abilities within Enabling Services Strategic Sourcing & Procurement (SS&P) and across other SS&P functional towers to ensure holistic support of the stakeholders.

This role will drive Supplier Relationship Management processes, procedures, supplier and category segmentation, metrics/KPI development and application, etc. This may include leading key Supplier governance in conjunction with senior business stakeholders.

Major Responsibilities and Accountabilities:

  1. Drive strategic business partnering across the targeted HR leadership team, along with Finance, Legal, and the broader SS&P organization
  2. Maintain a leadership role to influence business strategies, leverage emerging trends, and identify opportunity areas that deliver sustainable value. Act as strategic enabler of change, introducing new ideas and innovative solutions.
  3. Develop, maintain and implement a 1-3 year strategic plan and ensure all projects supporting the strategic plan deliver maximum value.
  4. Drive continuous improvement initiatives within HR. Continuously act as a trusted advisor by proactively identifying opportunities for enhanced engagement, new supplier capabilities, and areas for further cost optimization. Stay updated on emerging trends to drive innovation and help the business stay ahead of the competition.
  5. Identify and implement cost-saving opportunities within these HR categories.
  6. Partner with the business and finance to maintain visibility into stakeholder 3rd party budgets, ensuring alignment with financial goals and objectives.
  7. Track and report on cost savings and value delivered through procurement activities.

Execute supplier relationship management (SRM) and drive supplier performance

  1. Oversee the rationalization and selection of suppliers that meet business requirements at the optimal total cost, with preferred supplier identification.
  2. Manage and optimize the category supply base, preferred suppliers, and track supplier performance (KPIs, SLA tracking, etc.).
  3. Lead cadenced business reviews with key internal and external stakeholders to track performance and ensure alignment on business objectives.
  4. Manage escalations from the business and coordinate with suppliers on behalf of the business to develop solutions or performance improvement plans.

Innovation management

  1. Foster internal and external (supplier-led) innovation.
  2. Coordinate with other Category Strategy Partners and SS&P Market Business Partners to execute innovation plans, display supplier capabilities, and lead innovation workshops that help solve key business problems.
  3. Leverage deep knowledge of category management, supplier capabilities and the commercial lifecycle to continuously bring ideas and opportunities to business leaders and participate in relevant innovation forums.

Internal/External Stakeholders:

  1. Broader HR organization with focus on Total Rewards and Workforce Experience.
  2. SS&P LT, Enabling Services LT, and broader SS&P organization.
  3. Agile Sourcing team, Finance Partners, Supplier executive management.
  4. Senior members of industry.

Qualifications

Minimum Requirements

  1. Minimum education of a B.S./B.A.
  2. Minimum of ten (10) years of business experience of which eight (8) years is multi-disciplined procurement experience, preferably with focus on HR-related categories. Minimum of 3 years Pharmaceutical Procurement experience.
  3. Experience leading and participating on cross-functional and global teams.
  4. Internal stakeholder management, data / information management, category strategy development and management, process redesign and continuous improvement expertise, project management and performance measurement skills.
  5. Procurement process knowledge, contract management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization, strategic planning, and integrated supply chain experience.

Preferred Qualifications

  1. M.S./M.B.A.
  2. Professional certifications (e.g. CPM, CPIM).
  3. 5 years Pharmaceutical Procurement experience.
  4. Membership in Professional Associations, e.g. ISM.

If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as "Transforming patients' lives through science", every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

On-site Protocol

BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role.

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer.

BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

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