Procurement Partner at Thermo Fisher Scientific

Morrisville, North Carolina, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Life Sciences, Scientific ResearchIndustries

Requirements

Bachelor’s Degree in Supply Chain/Materials Management, Business Logistics or a related area or equivalent; MBA preferred
8+ years of procurement/sourcing management experience
Proven and significant experience in ESI, NPI processes with third parties and outsourced development management
Progressively responsible career path in manufacturing operations and procurement with significant practical experience in international settings
Strong procurement and sourcing background, preferably in a GMP Lab
High level of proficiency with core Procurement skills (engineering, sourcing)
Strong influencing skills with ability to see issues from multiple viewpoints and understand differing needs of colleagues
Significant business knowledge and proven team building skills
Demonstrated flexibility and willingness to respond to changes in the external environment
Strong verbal and written communication skills

Responsibilities

Contributes to the development of multi-year strategies and business plans for Division and drives the execution of the Procurement vision with key colleagues in the division
Acts as a key partner to the divisional operations leader with a focus on strategy, execution and implementation
Facilitates the development and execution of long-term strategies that will optimize quality, cycle/response time, technology, risk, and total cost
Mitigates risk, uses technology, improves processes and systems, and reduces overall cost of ownership and acquisition
Establishes and implements short and long-term goals, strategic plans, policies and procedures for the Division aligned with Group and the divisional leadership team
Translates Divisional business and Procurement objectives and targets to Category management teams and monitors category management contributions to these targets
Delivers on key objectives (Annual Operating Plan - AOP), delivery, quality, service, cost, innovation, and growth commitments for Division Procurement
Coordinates long range strategies with the business partners across the Division and implements plans
Partners with Category Managers, R&D, Engineering to deliver annual value improvements and drives competitive advantage
Coordinates business projects (e.g. M&A integration)
Provides input to make or buy and footprint decisions, supplier selection and supplier management for product innovation projects and vendor transitions, monitors the execution and communicates results to senior leaders
Ensures alignment with business colleagues within the Group and Division on projects
Serves as the point of contact and ensures the implementation of Enterprise Processes such as Supplier Quality, Supplier Risk and Supplier Management
Collects supplier (technical) capability requirements for current and future product portfolio as input for supplier scouting
Gathers Division business requirements and assures compliance to regulatory requirements
Drives and tracks compliance for indirect materials
Uses ‘scouting approach’ to influence R&D and Commercial partners earlier in NPI process, monitors product pipeline (LCM), supports product platforming
Serves as point of contact for Procurement within the Division
Consolidates, analyzes and reports on divisional procurement metrics for business reviews
Aligns the Procurement strategy with the Divisional Leadership team
Ensures procurement value contribution to business and supports Division initiatives
Manages division input to category strategies (Global, Group specific)
Engages with supplier leadership to support the CM team and Division in achieving Thermo Fisher objectives related to quality, cost, innovation, growth and compliance
Supports the development and implementation of common processes, standardized work, use of tools and technologies

Skills

Procurement Strategy

Category Management

Supplier Management

Risk Mitigation

Strategic Planning

M&A Integration

Supplier Quality

Vendor Management

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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