Procurement/Sourcing Specialist III

Posted 16 Days Ago
Be an Early Applicant
3 Locations
In-Office
Mid level
Biotech
Our Mission is to enable our customers to make the world healthier, cleaner and safer.
The Role
The Procurement Sourcing Specialist III manages sourcing and procurement of materials, negotiates with suppliers, analyzes inventory trends, and drives cost-saving projects to support business needs.
Summary Generated by Built In

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

Hours: Monday - Friday 8am – 5pm

Overtime as needed

Division Specific Information

The Procurement Sourcing Specialist III will be responsible for sourcing and securing materials for the Single Use Division. This is a service position and is adaptable to the needs of internal and external (suppliers) customers.

How will you make an impact?

  • Identify risk and implement new sources of material to minimize financial and operational risk to the business.
  • Perform all functions needed to ensure the lowest total cost of purchased materials and services for a site.
  • Participates in negotiations and commodity teams to implement proactive procurement philosophies, strategies, policies, and procedures for successful integration into multiple business plans across various corporate departments.
  • Prepare data and analyze inventory trends, external and internal key performance metrics, and proposing process improvement and the generation or management of key reports, metrics, and projects.

Key Responsibilities:

  • 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
  • Lead cost savings projects and work with cross-functional teams to drive cost savings to completion.
  • Handle supplier relationships, monitoring supplier performance to ensure compliance with contractual obligations.
  • Handle supplier relationships, looking for new innovative solutions and products to cement supply chain flexibility.
  • Always support supplier risk mitigation activities 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 that meet customer specification.
  • 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 required.
  • This position may be required to perform other related duties as required and/or assigned.

How will you get here?

Education:

  • Minimum Required Education: Bachelor’s degree in related field

Experience:

  • 4 or more years of experience in procurement and/or supply chain.
  • Prior experience in sourcing new materials to mitigate supply chain risk preferred
  • Experience in planning, manufacturing, quality, or engineering subject areas desired
  • Proven negotiating experience and results required.

Knowledge, Skills and Abilities:

  • MRP knowledge and ERP experience in a manufacturing environment.
  • Knowledge of procurement processes and strategic supplier management required.
  • Ability to lead project execution of cost saving, sourcing and inventory management programs
  • Proven negotiating experience and results required.
  • ISO or equivalent system and change control (FDA, cGMP) experience preferred
  • Operational Environment knowledge desired.
  • Computer proficiency required in Outlook, Excel, PowerPoint, and Word.
  • Anticipate needs and problems while creating solutions.
  • Demonstrates a sense of urgency, contagious optimism and a “can do” attitude.
  • Greets challenge and change as opportunity.
  • Has courage and confidence to take risks and learn from mistakes.
  • Is authentic, open and leads by example, holding self and others accountable
  • Collaborates with others.
  • Stretches across borders, breaks silos and builds effective partnerships with internal customers and colleagues.
  • Travel up to 15% as needed

What We Offer

Competitive Salary:

  • Pay rate based on experience
  • Annual performance-based bonus
  • Annual merit performance-based increase

Excellent Benefits!

  • Medical, Dental, & Vision benefits-effective Day 1
  • Paid Time Off (120 hours per year) + Designated Paid Holidays
  • 401K Company Match up to 6%
  • Tuition Reimbursement – eligible after 90 days!
  • Employee Referral Bonus

Relocation assistance is NOT provided. 

*Must be legally authorized to work in the United States without sponsorship.

*Must be able to pass a comprehensive background check, which includes a drug screening.

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 ThermoFisher Scientific, where diverse experiences, backgrounds and perspectives are valued.

Top Skills

Erp
Excel
Mrp
Outlook
PowerPoint
Word
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The Company
HQ: Waltham, MA
100,000 Employees

What We Do

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.

Why Work With Us

You will join a company which every colleague has the opportunity to create possibilities, for oneself, for our customers and patients. There is no more exciting place to be than at the forefront of solving problems which help improve lives around the world. As a company, we are committed to supporting your career aspirations and your journey.

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