Deputy Manager - Sourcing at Thermo Fisher Scientific

Pune, Maharashtra, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Oil & Gas, Steel, Cement, Power, Fertilizer, Life Sciences, ManufacturingIndustries

Requirements

Strong skills in planning, scheduling, cost control, and quality consciousness with emphasis on driving cost efficiency
Expertise in evaluating supplier performance
Understanding of business and strategic sourcing capability
Leadership skills to deliver operational excellence while meeting or exceeding customer expectations
Experience leading purchasing and logistics operations
Ability to encourage positive relationships with business partners, manufacturing, and suppliers
Capability to align supply chain strategies efficiently to deliver business goals

Responsibilities

Lead the end-to-end Procure-to-Pay process for direct and indirect materials and services
Reduce cycle time, improve accuracy rate of purchase orders, and compliance rate with procurement policies
Develop and implement strategic sourcing initiatives to optimize supplier performance, cost, and delivery timelines
Elevate cost efficiency, supplier performance evaluations, and punctuality metrics
Lead supplier evaluation and finalize contracts to achieve the best value and risk mitigation (measured by number of contracts finalized, risk assessment scores, and contract compliance rate)
Engage with cross-functional teams (Operations, Finance, Quality, and Planning) to coordinate procurement activities in line with company targets and drive business through cross-functional partnerships

Skills

Sourcing

Supply Chain Management

Project Management

Procurement

Vendor Management

Negotiation

Contract Management

Strategic Sourcing

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters

1956Year Founded

$17MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.

Sale of anatomical pathology business could create a temporary product gap.

Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.

Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.

They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.

Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.

Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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