Procurement Sourcing Specialist III

Thermo Fisher Scientific • Swedesboro, NJ

3d • Onsite

About The Position

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 130,000 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? The Procurement Sourcing Specialist III is responsible for sourcing and securing materials and services for the Clinical Trials Division (CTD). This is a service position and is adaptable to the needs of internal and external (suppliers) customers. What will you do? Identify risk and implement new sources of material and services 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. Logistics and cold chain Experience 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 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 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. Compensation and Benefits The salary range estimated for this position based in Pennsylvania is $75,800.00–$113,675.00. This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes: A choice of national medical and dental plans, and a national vision plan, including health incentive programs Employee assistance and family support programs, including commuter benefits and tuition reimbursement At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards Thank you for your interest as you consider starting a new career journey with us. As the world leader in serving science, our colleagues develop critical solutions through innovation—and build rewarding careers. Discover their extraordinary stories and connection to our Mission to enable our customers to make the world healthier, cleaner and safer. Their work is a story of purpose. What story will you tell? Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of more than $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. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. Thermo Fisher Scientific is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, creed, religion, color, national or ethnic origin, citizenship, sex, sexual orientation, gender identity and expression, genetic information, veteran status, age or disability status.

Requirements

• Minimum Required Education: Bachelor’s degree in related field
• 4 or more years of experience in procurement and/or supply chain.
• Proven negotiating experience and results required.
• 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.
• 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.

Nice To Haves

• Prior experience in sourcing new materials to mitigate supply chain risk preferred
• Experience in planning, manufacturing, quality, or engineering subject areas desired
• Logistics and cold chain Experience
• ISO or equivalent system and change control (FDA, cGMP) experience preferred
• Operational Environment knowledge desired.

Responsibilities

• Identify risk and implement new sources of material and services 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.
• 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

Benefits

• We offer competitive remuneration, annual incentive plan bonus scheme, healthcare, company pension, and a range of employee benefits!
• A choice of national medical and dental plans, and a national vision plan, including health incentive programs
• Employee assistance and family support programs, including commuter benefits and tuition reimbursement
• At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
• Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
• Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees