Procurement Manager

6 days ago


Morrisville, North Carolina, United States Thermo Fisher Scientific Full time
Job Title: Procurement Manager

As a key member of the Thermo Fisher Scientific team, you will play a critical role in driving the execution of complex category strategies to continuously improve assigned categories of spend.

The Procurement Manager will collaborate with a cross-functional team of sourcing, operations, technical, finance, and other colleagues to prioritize sourcing initiatives, develop sourcing strategies, negotiate contracts, support spend migration from incumbent to preferred suppliers, and lead preferred supplier relationships.

Key Responsibilities:
  • Lead global category initiatives to deliver key category performance indicators, including savings, supplier rationalization, low-cost region sourcing, and risk management.
  • Develop and execute 3-5 year global sourcing strategies focused on identifying and contracting with preferred suppliers that meet key business needs and category management goals.
  • Participate 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:
  • Monitor market intelligence and key trends, assess their impact, and refine category plans to support business requirements.
  • Engage and support division/site procurement teams and other key colleagues to qualify preferred suppliers and migrate spend from incumbent, non-preferred suppliers.
  • Analyze category supplier performance data to find opportunities for supplier performance improvement and establish continuous improvement goals.
  • Actively participate in supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards and continuous improvement goals.
  • Handle strategic contracts across suppliers, products, and services within the category.
  • Drive negotiations for global agreements aligned with category strategy.
Leadership Responsibilities:
  • Collaborate with cross-functional colleagues to ensure all category sourcing activities are aligned to a common set of goals and priorities.
  • Establish category plans and priorities globally and ensure alignment with divisional business priorities.
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.
  • Knowledge of 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%.

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


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