Job Description

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

Position Overview:

As a Senior Level Buyer reporting to the Divisional Procurement Partner, you will be responsible for leading all aspects of the global procurement function, including strategic sourcing, and contract negotiation. Demonstrating your extensive experience and industry knowledge, you will play a pivotal role in driving cost savings, mitigating risks, and ensuring operational efficiency across the supply chain.

Key Responsibilities:

1. Develop and implement strategic sourcing strategies to optimize supplier selection, drive cost savings, and enhance overall value proposition for the organization.

2. Lead sophisticated contract negotiations and vendor agreements, ensuring favorable terms and conditions while mitigating risks and growing value.

3. Establish and maintain strong relationships with key suppliers, conducting regular performance reviews, encouraging teamwork, and driving continuous improvement initiatives.

4. Collaborate with cross-functional teams, including finance, operations, and quality assurance, to align procurement activities with business objectives and operational requirements.

5. Apply data analytics and market intelligence to identify emerging trends, assess supplier capabilities, and mitigate supply chain risks.

6. Mentor and provide guidance to junior members of the procurement team, encouraging their professional development and cultivating a culture of perfection.

7. Lead initiatives to streamline procurement processes, optimize inventory management practices, operational efficiency and reduce Total Cost of Ownership (TCO).

8. Stay abreast of industry regulations, market dynamics, and new technologies to proactively find opportunities and drive innovation.

Qualifications:

Bachelor’s degree in business administration, Supply Chain Management, or a related field. Advanced degree or professional certification (e.g., CSCP, CPSM) is highly desirable.

Minimum of [8] years of dynamic experience in procurement or supply chain management roles, with a proven track record of success in strategic sourcing and supplier management.

Strong negotiation skills and proven experience in contract management, supplier relationship management, and cost optimization.

Proficiency in procurement software and ERP systems, as well as sophisticated proficiency in data analysis tools such as Microsoft Excel or Tableau.

Excellent communication and social skills, with the ability to collaborate effectively with internal customers and external partners.- Approach centered around achieving results, continuously improving, and delivering value to the organization.

Strong leadership capabilities with experience in mentoring and developing talent within the procurement function.

Strong project and program management skills and abilities

Benefits:

Competitive compensation package with performance-based incentives

Comprehensive health and wellness benefits

Retirement savings plan with employer contribution

Generous paid time off and holidays

Opportunities for professional development and advancement

Join our esteemed team at Thermo Fisher Scientific and apply your expertise to drive strategic procurement initiatives that contribute to our continued success and industry leadership. Apply now to take the next step in your career.

Compensation and Benefits

The salary range estimated for this position based in Maryland is $92,900.00–$142,500.00.

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:

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

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