Procurement Manager – Warehousing at Thermo Fisher Scientific

Budapest, Hungary

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Life SciencesIndustries

Requirements

Bachelor’s Degree required; Graduate Degree in Business (Preferred), Finance, and/or Technical field
Minimum 7 years’ of procurement/sourcing experience with increasing global responsibility and experience in a large matrixed company environment, experience in the assigned category
Minimum 3 years experience leading procurement teams with a focus on mentoring, coaching and performance management
Strong leadership and effective business partnering capabilities – influence without authority
Proven track record

Responsibilities

Owns category management for warehousing encompassing multiple site locations, divisions and groups
Ensures that the category strategy is aligned with the functional/business objectives and works closely with Division Business Partners, Quality, Operations, R&D, and Business leaders to ensure category strategies are aligned cross functionally
Leads a Category team responsible for strategic sourcing activities and supplier management functions
Builds organizational strength, creates robust sourcing strategies, negotiates agreements, leads strategic supplier relationships, and drives continuous improvement year over year savings
Acts as the key category interface with relevant Thermo Fisher business divisions ensuring alignment of strategies and financial targets
Accountable for the multi-year category strategy and plan objectives, timelines, and goals
Analyzes cross-divisional spending and develops global strategic sourcing plans to reduce the total cost of ownership for all business units
Demonstrates a measurable reduction in year over year total cost of ownership for the goods and services being sourced without compromising quality and service levels
Uses financial planning, forecasting, P&L performance, inventory, cash flow, tariffs and inflation to inform strategy
Provides thought leadership in developing and implementing sourcing strategies
Champions the use of structured Category Management process to develop category strategies including diversity, sustainability, risk assessment and business continuity
Leverages AQSCIR method to develop and drive 3 to 5 year global sourcing strategies focused on identifying and contracting with suppliers that meet category management goals
Communicates plans and progress to Enterprise partners
Handles the contracting process and leads coordination with Legal to ensure relationships are appropriately documented
Leads the supplier qualification, RFP, supplier selection, contract development, implementation, compliance, and ongoing supply base management process
Assesses market intelligence for key trends, and leverages predictive analytics to make risk mitigation recommendations to the business
Drives supplier consolidation through engaging and supporting Division Business Partners and Group Procurement Operations (e.g. sourcing engineers) to qualify preferred suppliers and migrate spend from incumbent, non-preferred suppliers
Under the direction of Sr Director, Director or Sr Manager, drives adoption of global sourcing strategies across the enterprise and ensures ongoing cross team collaboration
Champions use of eSourcing, Spend Visibility, and P2P tools company-wide
Works with Division Business Partners and functional partners to gather business requirements for category strategy development
Creates and maintains a communication mechanism to ensure coordination with internal partners and reporting of sourcing impact
Leads a Global Category Team, develops staff to create expertise in both the areas of spend and in strategic sourcing processes
Mentors and develops staff through coaching and development plans to address individual areas of improvement
Implements talent initiatives to improve Employee Involvement Survey results

Skills

Category Management

Strategic Sourcing

Supplier Management

Negotiation

Financial Planning

Forecasting

P&L Management

Inventory Management

Risk Assessment

Sustainability

Business Continuity

Contracting

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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