Senior Procurement Analyst

2 weeks ago

Houston, Texas, United States Thermo Fisher Scientific Full time

Work Schedule

Other

Environmental Conditions

Office

Job Overview

At Thermo Fisher Scientific, you will engage in impactful work that contributes positively on a global scale. Join our team in fulfilling our Mission daily, enabling our clients to enhance health, safety, and environmental standards. We equip our global workforce with the necessary resources to meet personal career aspirations while advancing scientific innovation to tackle some of the world's most pressing challenges, such as environmental protection, food safety, and cancer research.

Key Responsibilities:

The Senior Procurement Analyst for Resins is responsible for managing and enhancing designated spending categories. This role involves collaboration with a diverse team across sourcing, operations, technical, finance, and other essential functions to prioritize sourcing initiatives, formulate sourcing strategies, negotiate contracts, facilitate the transition from incumbent to preferred suppliers, and manage relationships with preferred suppliers.

Daily Activities:

Scope of Responsibilities

  • Execute global category initiatives to achieve key performance indicators, including savings, supplier consolidation, low-cost region sourcing, risk management, spend under agreement, joint innovation, and supplier performance.
  • Assist in implementing global sourcing strategies aimed at identifying and contracting with preferred suppliers that align with critical business needs and category management objectives.

Technical Duties:

  • Monitor market trends and intelligence, evaluate impacts, and refine category plans to meet business requirements.
  • Engage with division/site procurement teams and other key stakeholders to qualify preferred suppliers and transition spend from non-preferred suppliers.
  • Analyze supplier performance data to identify opportunities for improvement and establish continuous enhancement goals.
  • Facilitate supplier business reviews to ensure compliance with agreement terms, including performance standards and continuous improvement objectives.
  • Assess cost and risk implications when developing contracts.
  • Lead negotiations for global agreements in alignment with category strategies.

Leadership Duties:

  • Collaborate with cross-functional teams (quality, technical, operations, finance, etc.) to ensure alignment of all category sourcing activities with common goals and priorities.

Keys to Success:

Education

  • Bachelor's degree in Business or a related technical field; a Master's degree is preferred.

Experience

  • A minimum of 5 years of procurement/sourcing experience in mid to large multinational organizations, with strong engagement in category/business.
  • Successful completion of a Thermo Fisher Leadership Development Program is an advantage.
  • Ability to discern and assess market/business dynamics and negotiate agreements that deliver substantial business value.
  • Experience in highly regulated sectors.
  • Proven track record in a continuous improvement environment with significant year-over-year results.
  • Demonstrated consultative and collaborative approach in sourcing activities.
  • Ability to influence without authority to motivate and manage cross-functional teams across multiple regions.
  • CPSM or equivalent certification is preferred.
  • Hands-on experience in manufacturing and/or supply chain is advantageous.
  • Experience in life sciences, medical devices, or pharmaceutical sectors is preferred.
  • Willingness to travel 25% to 50% of the time.

Benefits:

We provide competitive compensation, an annual incentive plan, healthcare benefits, a company pension plan, and a variety of employee perks.

Thermo Fisher Scientific offers a dynamic, innovative work environment with excellent career development opportunities. Our company culture emphasizes integrity, intensity, involvement, and innovation.

Thermo Fisher Scientific is an equal opportunity employer, committed to diversity in the workplace. We strive to provide reasonable accommodations to individuals with disabilities throughout the job application process. If you require accommodations, please reach out to us, and your request will be handled with confidentiality and care.

Compensation and Benefits Overview

The estimated salary range for this position is competitive, and it may also include a variable annual bonus based on company, team, and individual performance in accordance with company policy. Our comprehensive Total Rewards package includes:

  • A selection of national medical and dental plans, as well as a national vision plan, including health incentive programs.
  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement.
  • At least 120 hours of paid time off (PTO), 10 paid holidays annually, paid parental leave, accident and life insurance, and short- and long-term disability benefits.
  • Retirement and savings programs, including a competitive 401(k) U.S. retirement savings plan.
  • Employee Stock Purchase Plan (ESPP) allows eligible employees to purchase company stock at a discount.

For more information on our benefits, please visit our website.

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other legally protected status.

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