Procurement/Sourcing Specialist III

Job Description

As part of the Thermo Fisher Scientific team, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.

Position Summary

The Procurement/Sourcing Specialist III will be responsible for sourcing and securing of materials and services for the Drug Products Division inside the Pharma Services Group. They will be required to identify risk, reduce cost, and implement new sources of material and services to minimize financial and operational risk to the business.

This role will perform all functions needed to ensure the lowest total cost of purchased materials and services for a site. The purpose is to balance the objectives of maximum product availability with strategic inventory plans.

This individual participates in negotiations and projects to implement proactive procurement philosophies, strategies, policies, and procedures for successful integration into multiple business plans across various corporate departments.

The Procurement/Sourcing Specialist III will be responsible for identifying, negotiating and implementing cost savings initiatives working with cross-functional teams, preparing data and analyzing cost trends, external and internal key performance metrics, and proposing process improvement and the generation or management of key reports, metrics, and projects.

This is a service position and is responsive to the needs of internal and external (suppliers) customers.

Key Responsibilities:

The Sourcing Specialist must support the local procurement team in the following activities:

• 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

• Manage cost savings projects and work with cross-functional teams to drive cost savings to completion.

• Manage supplier relationships, at all times monitoring supplier performance to ensure compliance with contractual obligations.

• Manage supplier relationships, and look for new innovative solutions and products to cement supply chain flexibility.

• Support supplier risk mitigation activities at all times, 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 and services that meet customer specifications.

• 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 the need arises.

• This position may be required to perform other related duties as required and/or assigned.

Minimum Requirements/Qualifications:

• Bachelor degree required, preferably in Business, Supply Chain, or a related field

• At least 3 years of experience in procurement and/or supply chain.

• MRP knowledge and ERP experience in a cGMP manufacturing environment.

• ISO or equivalent system and change control (FDA, cGMP) experience required.

• Working knowledge of SAP is required.

• Experience in sourcing of indirect services and materials. Additional experience in planning, manufacturing, quality, or engineering fields desired.

• Demonstrated negotiating experience and results required.

• A history of strong project management and relationship building skills are critical to this position.

Knowledge, Skills, Abilities

• Computer proficiency in Outlook, Powerpoint, and Word, as well as above average Excel capabilities is required.

• Knowledge of procurement processes and strategic supplier management required.

• Ability to manage project execution of cost saving, sourcing and inventory management programs

• Operational Environment knowledge desired.

• Ability to anticipate needs and problems while creating solutions.

• Demonstrate a sense of urgency, contagious optimism and a “can do” attitude.

• Curious, inquisitive, innovative, never satisfied with the status quo and not afraid to challenge where required.

• Ability to greet challenge and change as opportunities.

• Courage and confidence to take risks and learn from mistakes.

• Authentic, open and leads by example, holding self and others accountable

• Demonstrated ability to collaborate with others.

• Stretches across borders, breaks silos and builds effective partnerships with internal customers and colleagues.

Our Mission is to enable our customers to make the world healthier, cleaner and safer. Watch as our colleagues explain 5 reasons to work with us. As one team of 100,000+ colleagues, we share a common set of values - Integrity, Intensity, Innovation and Involvement - working together to accelerate research, solve complex scientific challenges, drive technological innovation and support patients in need. #StartYourStory at Thermo Fisher Scientific, where diverse experiences, backgrounds and perspectives are valued.

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.