Director, Strategic Initiatives - Cost Engineering at Thermo Fisher Scientific

Morrisville, North Carolina, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Life Sciences, Biotechnology, Scientific InstrumentsIndustries

Requirements

Bachelor's degree in Engineering or a related field preferred; equivalent experience will also be considered. Master's degree or MBA is preferred
Prior experience in operations strategy, value engineering, or a related field, with a consistent track record in leading cost-out and efficiency improvement initiatives
Ability to lead cross-functional teams effectively in a matrixed structure
Consistent record of translating strategic visions into actionable execution plans
Strong problem-solving skills, with the ability to translate concepts into actionable plans
Exceptional leadership and team management abilities
Excellent communication and partner engagement skills
Experience in strategic program management
Deep understanding of manufacturing, supply chain, and procurement processes

Responsibilities

Lead the framing, identification, prioritization, resourcing, and execution of large-scale programs focused on cost-out, value engineering, product transfers & network changes, quality improvement, supplier sourcing, or delivery initiatives across multiple divisions
Drive cross-functional teams to achieve project goals, fostering collaboration and continuous improvement
Build and maintain a project dashboard on key performance indicators, providing regular updates to senior leadership on project status, risks, and expected outcomes
Champion the adoption of standard methodologies in cost reduction and operational efficiency, sharing knowledge and methodologies across the organization
Collaborate with the Value Assurance group and its organization partners to establish and refine project selection criteria for annual objective planning
Lead steering committee meetings to review project progress, address challenges, and ensure strategic alignment

Skills

Key technologies and capabilities for this role

Cost EngineeringValue EngineeringProgram ManagementCross-Functional LeadershipProduct TransfersNetwork OptimizationOperations TransformationSupplier SourcingStrategic InitiativesCost Reduction

Questions & Answers

Common questions about this position

What education is required for the Director, Strategic Initiatives role?

A Bachelor's degree in Engineering or a related field is preferred, with equivalent experience also considered; a Master's degree or MBA is preferred.

What prior experience is needed for this position?

Prior experience in operations strategy, value engineering, or a related field is required, along with a consistent track record in leading cost-out and efficiency improvement initiatives.

Is this role remote or office-based?

The role is office-based with standard Monday-Friday hours and office environmental conditions.

What salary or compensation does this position offer?

This information is not specified in the job description.

What makes a strong candidate for this Director role?

A thoughtful, experienced, and proactive leader with a track record in operations strategy or value engineering, who can lead large-scale programs, drive cross-functional teams, and collaborate with various divisions.

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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