Manager, Procurement/Sourcing

Job Description

The Procurement Manager – Plastics, typically owns category management for level 3 categories encompassing multiple site locations, divisions and groups. Ensures that the category strategy is aligned with the functional/business objectives and work 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, create robust sourcing strategies, negotiate agreements, manage strategic supplier relationships, and drive continuous improvement savings.

What will you do?

Scale of Responsibilities

• 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
• Leverages financial planning, forecasting, P&L performance, inventory, cash flow, tariffs and inflation to inform strategy

Technical Responsibilities

• 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 (Assurance, Quality, Service, Cost, Innovation, Regulatory) 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
• Manages the contracting process and lead coordination with Legal to ensure relationships are appropriately documented
• Manages 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

Leadership Responsibilities

• Under the direction of Sr Director, Director or Sr Manager, drives adoption of global sourcing strategies across the enterprise and ensures on going 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
• Create and maintain 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 being managed 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

Compensation and Benefits

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

• A choice of national medical and dental plans, and a national vision plan, including health incentive programs

• Employee assistance and family support programs, including commuter benefits and tuition reimbursement

• At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy

• Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

• Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards