Procurement Manager - EMEA Professional Services at Thermo Fisher Scientific

Budapest, Hungary

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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

Key technologies and capabilities for this role

ProcurementStrategic SourcingContract NegotiationSupplier ManagementCategory ManagementMarket IntelligenceSpend AnalysisRisk ManagementStakeholder CollaborationPerformance Analysis

Questions & Answers

Common questions about this position

What education and experience are required for the Procurement Manager role?

A Bachelor’s degree in Business, Supply Chain Management, or technical field (or equivalent) is required, with a Master’s degree preferred. Minimum of 7 years procurement/sourcing experience in mid to large multinational companies is needed, along with experience in highly regulated industries.

What is the work arrangement or location for this position?

This is a full-time position with a standard Monday-Friday schedule in an office environment.

What salary or compensation is offered for this role?

This information is not specified in the job description.

What key skills make a strong candidate for this position?

Strong candidates have business insight to assess market dynamics and negotiate valuable agreements, experience in continuous improvement with proven results, and a demonstrated consultative/collaborative style in sourcing.

What does the work environment or team collaboration look like?

The role involves collaborating with a cross-functional team including sourcing, operations, technical, finance, and other colleagues to align category strategies with business goals.

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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