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Thermo Fisher Scientific

Manager, Procurement/Sourcing

Reposted 10 Days Ago
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Mumbai, Maharashtra
Senior level
Mumbai, Maharashtra
Senior level
The Manager, Procurement/Sourcing oversees category strategies across regions, collaborates with teams to enhance sourcing initiatives, negotiates contracts, and manages supplier relationships while ensuring alignment with business goals.
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Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

The Manager, Procurement/Sourcing drives the execution of complex category strategies encompassing multiple sites 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 manages preferred supplier relationships

Scale of Responsibilities

  • Leads regional category initiatives to deliver key category performance indicators including: savings, supplier rationalization, low-cost region sourcing, risk
  • Participates in the development and leads the execution of a 3 to 5-year regional sourcing strategies focused on identifying and contracting with preferred suppliers that meet key business needs and 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
  • Handles strategic contracts across suppliers, products and services within category
  • Facilitates free-flow of spend intelligence and analysis to internal business leaders in order to enhance their decision making
  • Drives negotiations for regional 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 regionally and ensures alignment with divisional business priorities

Education, Experience, Knowledge and Skills

  • Bachelor’s degree in Business or technical field or equivalent combination of experience and education. Master’s Degree is preferred.
  • Minimum of 7~10 years procurement/sourcing experience in mid to large multinational companies, with strong category/business engagement experience.  Chemical/Biochemical experience is preferred.
  • 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.
  • CPSM or equivalent is preferred
  • Hands-on manufacturing and/or supply chain experience is preferred
  • Experience in life science, chemical, or pharmaceutical industries is preferred
  • Ability to travel 25 to 50%

Benefits:

We offer competitive remuneration, annual incentive plan bonus scheme, healthcare, company pension, and a range of employee benefits!

Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation.”

Top Skills

Contract Management Software
Market Analysis Tools
Procurement Software
Supplier Management Systems

Thermo Fisher Scientific Greater Mumbai, Maharashtra, IND Office

Delphi Building, CTS No. 12/1 to 12/4 - Village Powai 1st Flr, C wing, Greater Mumbai, Maharashtra, India, 400076

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