About the role

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with revenues of $24 billion and 75,000 employees in 50 countries. Our mission is to enable our customers to make the world healthier, cleaner and safer. We help our customers accelerate life sciences research, solve sophisticated analytical challenges, improve patient diagnostics and increase laboratory efficiency. Our four world-class brands – Life Technologies, Thermo Scientific, Fisher Scientific and Unity Lab Services – offer an unmatched combination of innovative technologies, purchasing convenience and comprehensive support. For more information, please visit www.thermofisher.com.

Job Summary
This position plays an integral part in developing and implementing sourcing strategies for the buying desk. Will be responsible for performing spot buys, sourcing events, and project-related activities for direct materials categories.
Key Responsibilities
• Complete one-time or low-complexity sourcing requests as part of the Procurement Excellence Buy Desk
• Capture and analyze data using procurement spend analytics tools
• Work with Market Intelligence team to research and identify potential suppliers for sourcing requests.
• Perform basic cost and scenario analysis to analyze supplier bids
• Research potential vendors, develop and complete support RFP for spend less than $1M per annum.
• Partner with customers to ensure clear requirements' documentation is translated to RFP and contracts as appropriate.
• Perform cost and scenario analysis, and benchmarking to inform sourcing strategy.
• Negotiate contract terms of agreement and pricing delivering with suppliers and record annual P&L savings.
• Provide mentorship and guidance to junior sourcing generalists on category-specific requirements.
Competencies
Functional & technical skills
•Experience with sourcing process, vendor management, contract negotiations and procure to pay operations
•Expertise in sourcing tools (e-sourcing, spend analytics, ERP, supplier management software)
•Negotiation skills – will need to solicit bids and negotiate purchases directly with suppliers
•Breadth of experience across Direct Sourcing categories

Leadership & Behavioral
• Agility and flexibility to develop expertise across sourcing categories in areas complementary to the existing team
• Desire to grow and develop as a sourcing specialist and develop category expertise across Direct portfolios (e.g., Lab Supplies, Mechanical, Packaging or Chemicals)
• Thrive in an entrepreneurial environment – self-starter who looks for ways to improve existing processes
• Strong customer service orientation, keen to deliver on internal customer needs
• Independent worker with ability to handle own deadlines
• Ability to gather, interpret and analyze data to advise sourcing decisions.
• Desire to mentor and coach junior team members

Experience & Qualification
• 3+ years of procurement experience within Direct categories (e.g., electrical, mechanical, electromechanical, chemicals, packaging)
• Shown working experience as a buyer, senior buyer, purchasing specialist agent or officer.
• Degree in engineering, supply chain management, operations or business administration
• High level of English language proficiency (verbal and written)

Aplyr's read

Thermo Fisher Scientific is a powerhouse in biotechnology, attracting professionals passionate about advancing scientific research and innovation across diverse roles and regions.
Synthesized from recent postings & public sources

What's promising

•Thermo Fisher is a leader in the biotech industry, offering stability and growth potential.
•The company invests heavily in R&D, fostering innovation and cutting-edge solutions.
•Global presence provides diverse career opportunities across multiple regions and disciplines.

What to watch

•High pressure and fast-paced environment may not suit everyone.
•Complex organizational structure can lead to communication challenges.
•Frequent acquisitions may result in uncertainty and change for employees.

Why Thermo Fisher

•Thermo Fisher's broad product portfolio spans laboratory equipment to clinical diagnostics.
•The company plays a crucial role in global scientific advancements and healthcare solutions.
•Strong focus on sustainability and corporate responsibility sets it apart in the industry.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Thermo Fisher

Thermo Fisher

thermofisher.com

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Thermo Fisher Scientific is a global leader in serving science, providing a range of products and services to help researchers and scientists in laboratories and clinical settings.