Procurement Manager - EMEA Professional Services at Thermo Fisher Scientific

Budapest, Hungary

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Professional Services, Life SciencesIndustries

Requirements

  • Bachelor’s degree in Business, Supply Chain Management, 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
  • 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 sciences, medical device, or pharmaceutical industries is preferred
  • Ability to travel 25 to 50%

Responsibilities

  • 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
  • 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
  • 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
  • Analyzes 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
  • 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

Skills

Procurement
Strategic Sourcing
Contract Negotiation
Supplier Management
Category Management
Market Intelligence
Spend Analysis
Risk Management
Stakeholder Collaboration
Performance Analysis

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.

Land your dream remote job 3x faster with AI