Strategic Sourcing Manager

Work Schedule

Environmental Conditions

Job Description

As part of the Thermo Fisher Scientific team, you will 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 Strategic Sourcing Manager is responsible for supporting the development and implementation of the Strategic Sourcing strategy, developing and implementing sourcing strategies and solutions for Client opportunities, developing and managing supplier relationships, and enhancing our sourcing capabilities. This role involves collaborating with internal and external partners to ensure the delivery of effective sourcing solutions.

Key Responsibilities:

Strategic Sourcing

• Support the development and implementation of the Strategic Sourcing strategy and roadmap
• Develop and implement sourcing strategies and solutions for Client opportunities in collaboration with internal cross-functional teams and external partners
• Generate new supplier contracts and support the cultivation of supplier relationships with pharmaceutical manufacturers and wholesalers
• Negotiate contracts and agreements with suppliers to ensure favorable terms and conditions, including attractive prices and volume/cash discounts
• Supervise supplier performance and manage relationships to ensure compliance with contractual obligations
• Lead and support Supplier Business Review meetings, and collaborate on opportunities for improvement
• Communicate up-to-date market information on drug supply chains to Market analysts
• Assist in fostering/leading new service development in collaboration with Program Managers, including the development of value propositions and communication material

Minimum Requirements/Qualifications:

• Bachelor's degree in Business, Supply Chain Management, or a related field; MBA or advanced degree preferred
• Minimum of 5 years of experience in strategic sourcing, procurement, or supply chain management, preferably within the pharmaceutical or healthcare industry
• Proven track record of successfully running complex sourcing projects and supplier relationships
• Strong negotiation skills and experience in contract management
• Excellent analytical and problem-solving skills
• Proficiency in Microsoft Office Suite
• Knowledge of regulatory requirements and industry standards related to Comparator Sourcing
• Flexibility to travel as needed for discussions with suppliers and key partners

Ability and Skills:

• Strong leadership and project management skills
• Excellent communication and interpersonal skills, skilled at building and nurturing positive relationships with suppliers and internal collaborators
• Ability to work independently and as part of a team in a fast-paced, dynamic environment
• Meticulous with strong organizational skills and the ability to manage multiple priorities
• Strategic problem solver with the ability to develop and implement long-term sourcing plans
• Ability to adapt to changing market conditions and business needs