Procurement/Sourcing Specialist III at Thermo Fisher Scientific

Millersburg, Pennsylvania, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Life Sciences, ManufacturingIndustries

Requirements

Bachelor’s degree in related field
4 or more years of experience in procurement and/or supply chain
Prior experience in sourcing new materials to mitigate supply chain risk preferred
Experience in planning, manufacturing, quality, or engineering subject areas desired
Proven negotiating experience and results required
MRP knowledge and ERP experience in a manufacturing environment
Knowledge of procurement processes and strategic supplier management required
Ability to lead project execution of cost saving, sourcing and inventory management programs
ISO or equivalent system and change control (FDA, cGMP) experience preferred
Operational Environment knowledge desired
Computer proficiency required in Outlook, Excel, PowerPoint, and Word
Ability to anticipate needs and problems while creating solutions
Demonstrates a sense of urgency, contagious optimism and a “can do” attitude
Greet challenge and change as opportunity
Has courage and confidence to take risks and learn from mistakes
Is authentic, open and leads by example, holding self and others accountable
Collaborates with others
Stretches across borders, breaks silos and builds effective partnerships with internal customers and colleagues
Travel up to 15% as needed

Responsibilities

Identify risk and implement new sources of material to minimize financial and operational risk to the business
Perform all functions needed to ensure the lowest total cost of purchased materials and services for a site
Participate in negotiations and commodity teams to implement proactive procurement philosophies, strategies, policies, and procedures for successful integration into multiple business plans across various corporate departments
Prepare data and analyze inventory trends, external and internal key performance metrics, and propose process improvement and the generation or management of key reports, metrics, and projects
Maintain continuous material availability and minimize inventory
Negotiate availability and cost of materials from external suppliers
Solicit quotations for materials and services, analyze bids for specification compliance, pricing, delivery commitments, and evaluate the sources to ensure they can sustain providing secure supply chain model
Lead cost savings projects and work with cross-functional teams to drive cost savings to completion
Handle supplier relationships, monitoring supplier performance to ensure compliance with contractual obligations
Handle supplier relationships, looking for new innovative solutions and products to cement supply chain flexibility
Support supplier risk mitigation activities working on highlighting risk to the organization and implementing long term and short-term strategies to avoid revenue risk to the company
Support New Product Introduction activities by sourcing raw materials that meet customer specification
Participate in purchasing performance metrics, reporting and improvement opportunities
Support continuous improvement and operational excellence processes
Complete special projects as assigned and provide manager support as required
Perform other related duties as required and/or assigned

Skills

Procurement

Sourcing

Supplier Negotiation

Contract Management

Risk Mitigation

Cost Analysis

Inventory Management

Bid Analysis

Supply Chain Management

KPI Reporting

Cross-Functional Collaboration

New Product Introduction

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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