Sr Procurement Manager - Resins

The Sr Manager, Procurement – Resins typically owns category management for level 2 global 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 year over year savings. 

What will you do?  

Scale of Responsibilities 

• Connects key categories to 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 

• Considers 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 and risk assessment and business continuity 

• Uses 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 colleagues 

• Runs the contracting process and lead coordination with Legal to ensure relationships are appropriately documented  

• Leads the supplier qualification, RFP, supplier selection, contract development, implementation, compliance, and ongoing supply base management process  

• Assesses market intelligence for key trends, and uses 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 

• Typically works under the direction of a Sr Director or Director, drives adoption of global sourcing strategies across the enterprise and ensures ongoing cross team collaboration  

• Champions use of eSourcing, Spend Visibility, and P2P tools company-wide  

• Works with Division Business Partners and functional colleagues to gather business requirements for category strategy development  

• Create and maintain a communication mechanism to ensure coordination with internal colleagues and reporting of sourcing impact 

• Leads a Global/Regional 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 

How will you get here? 

Education, Experience, Knowledge, Skills & Abilities 

• Bachelor’s Degree required; Graduate Degree in Business (Preferred), Finance, and/or Technical field 

• 10 years’ of procurement/sourcing experience with increasing global responsibility and experience in a large matrixed company environment,

• 7 years’ experience in the assigned category preferred

• 3+ years experience leading and managing a team with a focus on mentoring, coaching and performance management 

• Strong leadership and effective business partnering capabilities – influence without authority 

• Proven ability to lead cross-functional teams in a complex organization 

• Strong negotiation and presentation skills 

• Strong knowledge of the strategic sourcing and category management process 

• Strong project management skills 

• Requires ability to deal with ambiguity and the corresponding capacity to make decisions or recommendations based on potentially incomplete information 

• Capable of working across all functions and levels of an organization 

• International experience (plus) – working experience in different countries/regions/languages 

Benefits: 

We offer competitive remuneration, annual incentive plan bonus scheme, healthcare, company pension, and a range of employee benefits! 

Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation.”