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Procurement/Sourcing Specialist III
Procurement/Sourcing Specialist III-March 2024
Morrisville
Mar 17, 2025
ABOUT THERMO FISHER SCIENTIFIC
As the world’s leader in serving science, at Thermo Fisher Scientific, our professionals develop critical solutions—and build rewarding careers.
10,000+ employees
Biotechnology, Manufacturing
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About Procurement/Sourcing Specialist III

  Job Description

  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 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 Specialist III -Drugs & Pharma, manages and continuously improves the assigned categories of spend. Collaborates with a cross-functional team of sourcing, operations, technical, finance and other key colleagues to prioritize sourcing initiatives, develops sourcing strategies, negotiates contracts, supports spend migration from incumbent to preferred suppliers, and manages preferred supplier relationships.

  What will you do?

  Scale of Responsibilities

  Executes global category initiatives to deliver key category performance indicators, including: savings, supplier rationalization, low-cost region sourcing, risk management, spend under agreement, joint innovation, supplier performance, etcSupports the execution of global sourcing strategies focused on identifying and contracting with preferred suppliers that meet key business needs and category management goals

  Technical Responsibilities

  Monitors market intelligence and key trends, assesses impact and refines category plans to support business requirementsEngages and supports division/site procurement teams and other key colleagues to qualify preferred suppliers & migrate spend from incumbent, non-preferred suppliersAnalyzes category supplier performance data to find opportunities for supplier performance improvement and to establish continuous improvement goalsSupports supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards and continuous improvement goalsManages the impact of cost and risk when developing contractsDrives negotiations for global agreements aligned with category strategy

  Leadership Responsibilities

  Collaborates with cross-functional colleagues (quality, technical, operations, finance, etc.) to ensure all category sourcing activities are aligned to a common set of goals and priorities

  How will you get here?

  Bachelor's degree in Business or technical field. Master's Degree is preferred3+ years API (Active Pharmaceutical Ingredient) procurement/sourcing experience in a mid to large multinational company.Strong category/business engagement experience.Business acumen - knows how to assess market/business requirements dynamics and negotiate agreements that yield meaningful business valueExperience working in highly regulated industriesExperience in a continuous improvement environment with a track record of achieving significant year over year resultsDemonstrated consultative/collaborative style in performing sourcing activitiesInfluences without authority to motivate and manage a cross-functional team in multiple geographies.CPSM or equivalent is preferredHands-on manufacturing and/or supply chain experience is preferredExperience in life sciences, medical device, or pharmaceutical industries is preferredProject Management Experience preferredAbility to travel 10%-15%

  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.

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