Director, Agile Sourcing, Corporate Functions & Services

Bristol Myers Squibb • Princeton, NJ

7h • Hybrid

About The Position

Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible. Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us . The Agile Sourcing Director of Corporate Functions & Services (CFS) and International plays a critical role in driving the execution of global category strategies for the CFS procurement categories and ensuring best practices, continuous improvement, and data-driven outcomes. This role is responsible for leading the Agile Sourcing (Source to Contract) program and the International CoE for Contracting, enabling the Category Management program across a diverse range of CFS categories and supporting end-to-end contracting process across multiple markets. The Director drives resource allocation for Agile Sourcing employees and outsourced providers supporting this function. This role is responsible for developing resource allocation plans, balancing critical competing priorities, and getting required buy-in from category leaders and Global Procurement Functional lead. They will ensure resources have required capabilities in sourcing, contracting, analytics, and are employing leading practices on a fit-for-purpose basis. This role will be a Change leader using a data-driven approach to sourcing and contracting activities, utilizing analytics and insights to inform decision-making and optimize outcomes.

Requirements

• Minimum education of a bachelor's degree in the sciences, arts or equivalent area of study is required.
• Minimum of ten (10) years of relevant experience in which at least five (5) years is multi-disciplined procurement experience, with a minimum of two (2) years of experience managing a direct team is required.
• Relevant Procurement & Subject Matter experience primarily across categories in the Indirect Services space such as professional services, IT etc.
• Expertise in procurement process knowledge, agreement management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization and strategic planning.
• Expertise in contract construction, terms and conditions, with strong preference for working knowledge of facilitating, drafting and negotiating buy-side and other in-scope contracts in the pharma/biotech industry.
• Experience leading, collaborating with and participating in cross-functional and global teams and demonstrated ability to work and influence within a matrix structure.
• Managerial experience including managing global teams of senior professionals and managers.
• Establishing performance expectations, with demonstrated competencies and experience to promote the professional development of others.
• Demonstrates a high level of adaptability in dealing with ambiguous and complex work environment and balances multiples demands on role in a responsive and professional manner and proven ability to engage teams and inspire them to sustain high levels of performance in a constantly changing environment.

Responsibilities

• Sourcing and Contracting Execution Accountable for developing and driving the sourcing strategies and contracting best practices to support CFS business spending, driving compliance to optimal buying channels.
• Lead team to use appropriate methods of procurement and perform cost benefit analysis, prepare and solicit competitive bids, quotations and proposals with pertinent specifications, terms and conditions.
• Evaluate and advise on competitive offerings to determine the overall best offer for a product or service while overseeing relationships with external partners to support sourcing facilitation and administration of contracts where appropriate.
• Ensure negotiated terms are translated into contractual terms, following BMS templates in line with internal policies.
• Driving opportunities for optimization in source to contract process through cross-functional collaboration.
• Provide management of organization for team spanning across internal resources and external providers
• Ensure Procurement alignment with organizational goals; develop or utilize criteria for evaluating procurement department and staff performance, including evaluating and resolving department performance and procurement audit report issues.
• Oversee compliance programs and ensure compliance and risk responsibilities are appropriately staffed and training conducted.
• Accountable for projects and their full compliance with BMS policies and external regulations/laws, including FCPA, FDA, EMA, SOX, Sunshine Act, and others).
• Recruit, hire, onboard, train, and develop a fungible talent pool spanning across levels.
• Manage dynamic staffing changes (promotion, rotation) and knowledge transfer due to pipelining and development responsibilities.
• Manage service partners as well as full-time employees and service providers.
• Transformation and Change leadership Drive organizational strategy to deliver S2C goals.
• Direct all initiatives and strategic sourcing for Enabling Services, including all budgetary matters and management of resources.
• Drive continuous improvement across S2C and adoption of change.

Benefits

• Health Coverage: Medical, pharmacy, dental, and vision care.
• Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
• Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
• Work-life benefits include: Paid Time Off US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees) Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays Based on eligibility, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day. All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.

What This Job Offers

• Job Type: Full-time
• Career Level: Director