Procurement Manager, Plastics Extrusions
3 weeks ago
Job Description
The Procurement Manager, Plastics Extrusions - Films, is responsible for driving the execution of complex category strategies across multiple sites to continuously improve assigned categories of spend. This role collaborates with a cross-functional team to prioritize sourcing initiatives, develop sourcing strategies, negotiate contracts, and manage preferred supplier relationships.
Key Responsibilities
• Leads global category initiatives to deliver key category performance indicators, including savings, supplier rationalization, low-cost region sourcing, and risk management.
• Develops and executes 3 to 5-year global sourcing strategies focused on identifying and contracting with preferred suppliers that meet key business needs and category management goals.
• Monitors market intelligence and key trends, assessing their impact and refining category plans to support business requirements.
• Engages and supports division/site procurement teams and other key colleagues to qualify preferred suppliers and migrate spend from incumbent, non-preferred suppliers.
• Analyzes category supplier performance data to find opportunities for supplier performance improvement and establishes 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.
Requirements
• Bachelor's degree in Business or technical field or equivalent combination of experience and education. Master's Degree is preferred.
• Minimum of 7 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.
• 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.
What We Offer
Thermo Fisher Scientific offers competitive remuneration, annual incentive plan bonus scheme, healthcare, company pension, and a range of employee benefits. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation.
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