A Procurement or Sourcing Specialist is responsible for sourcing and purchasing the goods or services required by an organization, especially tracking overall spend and improving bidding processes. Responsible for maintaining supplier relationships. May also be responsible growing supplier relationships with new and/or existing suppliers.
Thermo Fisher Scientific - 3.4 Morrisville, NC Job Details Full-time 10 hours ago Qualifications Procurement spend analysis Developing category management product portfolios Procurement financial analysis ERP systems Developing strategic sourcing strategies Supply chain management solutions (enterprise solutions) Procurement cost reduction targets Vendor relationship management Negotiating purchasing contracts Project execution Cost reduction analysis Presentation creation Managing projects Continuous improvement purchasing strategy Expenditure monitoring Supplier relationship management (SRM) Cross-functional collaboration Project planning phase Stakeholder relationship building Cross-functional communication Full Job Description Work Schedule Standard (Mon-Fri) Environmental Conditions Office Job Description As part of the Thermo Fisher Scientific team, you'll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world's toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.
DESCRIPTION
Join our collaborative team at Thermo Fisher Scientific, where you'll manage and enhance strategic sourcing initiatives as a Procurement/Sourcing Specialist
III - CAPEX.
Working with cross-functional teams, you'll develop sourcing strategies, negotiate contracts, and manage supplier relationships to deliver value through cost savings, risk mitigation, and supply chain optimization. You'll support our mission of enabling customers to make the world healthier, cleaner and safer by ensuring reliable, cost-effective procurement of critical materials and services.
WHAT WILL I DO?
Connect key categories to relevant Thermo Fisher site project teams to understand spending plans, identify savings opportunities, and run sourcing / RFx process to ensure full value of spend is being received, captured, tracked, and reported. Review spending patterns and opportunities to consolidate, leverage and negotiated preferential contracts. Develop strategy for specific Level 2 category (sub-category) as assigned which considers past, present, and current and future purchase levels, market positions, technology trends, and cost drivers. Demonstrate a measurable reduction in year-over-year total cost of ownership for the goods and services being sourced without compromising quality and service levels Consider financial planning, forecasting, P&L performance, inventory, cash flow, tariffs and inflation to inform strategy
REQUIREMENTS
Advanced Degree plus 3 years of experience, or Bachelor's Degree plus 5 years of procurement/sourcing experience in mid to large multinational companies, with strong category management expertise. Minimum of 2 years of CAPEX (architectural design; construction; capital equipment) procurement/sourcing experience in a large matrixed company environment. Strong procurement project planning and execution skills in collaboration with engineers and site project teams. Strong bias for actions and strong partnering and collaboration skills both internal and external to Thermo Fisher.
Preferred Fields of Study:
Business, Supply Chain Management, Engineering or related field Professional certifications (CPSM, CSCP, CPM) are desirable Proven success executing strategic sourcing initiatives, supplier negotiations, and contract management Experience working in regulated industries like life sciences, medical devices, or pharmaceuticals preferred Strong analytical and data-driven decision-making capabilities Proficiency with ERP systems, spend analytics, and procurement tools Excellent communication and relationship building skills Ability to build consensus and collaborate across global matrix organizations Demonstrated success in achieving cost savings and process improvements Strong project management capabilities Ability to travel 25-50% as required Fluency in English required; additional languages beneficial Comprehensive understanding of procurement best practices, processes and methodologies Experience with continuous improvement/lean methodologies Demonstrated negotiation and supplier relationship management skills Proficiency with Microsoft Office suite, especially Excel and PowerPoint. Additionally demonstrated working knowledge of use of MS Power BI and AI tools to conduct data analysis and report creation highly desired.
