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Director, Procurement - Electrical Components and Assemblies
Company: Thermo Fisher Scientific
Location: Indianapolis, IN
Employment Type: Full Time
Date Posted: 06/17/2022
Expire Date: 09/11/2022
Job Categories: Engineering, Finance/Economics, Financial Services, Healthcare, Other, Information Technology, Legal, Quality Control, Research & Development
Job Description
Director, Procurement - Electrical Components and Assemblies

About Thermo Fisher Scientific:

When you’re part of the team at Thermo Fisher Scientific, you’ll do meaningful work, that makes a positive impact on a global scale! Join 100,000 colleagues who bring our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. You’ll find the resources here to achieve your career goals and help take science a step beyond by developing solutions for some of the world’s toughest challenges. This includes protecting the environment, making sure our food is safe, and helping find cures for cancer.

How will you make an impact?

In this role you will lead category management for an enterprise level 1 or level 2 global categories or multiple regional categories. 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. Build organizational strength, create robust sourcing strategies, negotiate agreements, oversee strategic supplier relationships, and drive continuous improvement and savings.

What will you do?

Scale of Responsibilities

  • Connects key categories with all levels within 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 that reduce the total cost of ownership for all business units 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
  • Utilizes 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 leads 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

  • Drives adoption of global sourcing strategies across the enterprise and ensures ongoing teamwork
  • 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
  • Creates and maintains a communication mechanism to ensure coordination with internal colleagues and reporting of sourcing impact
  • Leads a Global Category Team and develops staff to create expertise in both the areas of spend 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
  • Minimum 12 years’ of procurement/sourcing experience with increasing global responsibility and experience in a large matrixed company environment, minimum 7 years’ experience in the assigned category
  • 5+ years' experience leading and managing procurement teams with a focus on mentoring, coaching and performance management
  • Strong leadership and effective business partnering capabilities – influence without authority
  • Proven track record to lead cross-functional teams in a complex organization
  • Strong negotiation and presentation skills
  • Strong understanding 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.”

EEO/Reasonable Accommodation:

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

We will ensure that individuals with disabilities are provided a reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.

Contact Information
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