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Procurement Manager – Lab OEM

Thermo FisherThermo Fisher·Biotechnology and Life Sciences

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About the role

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

The Procurement Manager – Lab OEM, drives the execution of complex category strategies and OEM supplier lifecycle management encompassing multiple sites to continuously improve the assigned categories of spend. Collaborates with a cross-functional team of sourcing, operations, technical, finance and other colleagues to prioritize sourcing initiatives, develop sourcing strategies, negotiate contracts, and manage strategic OEM supplier relationships.

Scale of Responsibilities

  • Leads global OEM supplier initiatives to deliver key performance indicators including: savings, supplier rationalization, risk mitigation, and performance improvement
  • Leads global category initiatives to deliver year over year savings, supplier rationalization, and low-cost region sourcing.
  • Participates in the development and execution of 3 to 5-year global sourcing and OEM supplier strategies aligned to business priorities.
  • Analyzes cross-divisional Lab OEM spend and develops global strategic sourcing plans to reduce the total cost of ownership and improve value realization.
  • Acts as the key procurement interface with relevant Thermo Fisher business divisions ensuring alignment of supplier strategies, performance, and financial targets.
  • Owns end-to-end OEM supplier lifecycle management including supplier onboarding during NPIs (New Product Introductions and ongoing supplier management.
  • Perform other duties and tasks as assigned.

Technical Responsibilities

  • Provides thought leadership in developing and implementing sourcing and OEM supplier strategies.
  • Monitors market intelligence and key OEM supplier trends, assessing impact to the business and refining strategies.
  • Partners with Business functions (operations, quality, etc.) to drive supplier performance management across quality, delivery, cost, and service metrics
  • Actively leads supplier business reviews with strategic OEM suppliers to ensure performance, innovation, and contractual compliance.
  • Facilitates Make vs OEM analysis to support strategic sourcing and investment decisions
  • Drives value engineering (VA/VE) initiatives with OEM partners to deliver productivity savings
  • Drives contract & commercial negotiations across OEM suppliers aligned with category strategies
  • Supports product and market access expansion through OEM partnerships and exclusivity agreements
  • Manages the supplier qualification process for new OEMs including supplier identification, competitive bidding via RFP, and supplier selection.
  • Engages and supports division/site procurement teams and other key colleagues to qualify preferred suppliers & migrate spend from incumbent, non-preferred suppliers

Leadership Responsibilities

  • Collaborates with cross-functional colleagues (quality, technical, operations, finance, etc.) to align category and OEM supplier strategies with business priorities.
  • Partners with Division Business Partners and functional partners to gather business requirements for strategy development.
  • Establishes relevant category plans and priorities globally and ensures alignment with divisional business priorities
  • Influences stakeholders across procurement, operations, and engineering to drive OEM value realization
  • Establishes communication mechanisms for OEM supplier performance tracking and reporting.

Education, Experience, Knowledge and Skills

  • Bachelor’s degree required; Master’s Degree is preferred
  • Minimum of 6 years procurement/sourcing experience with strong category/business engagement experience
  • Experience managing strategic supplier relationships or OEM partnerships preferred
  • Strong business acumen and ability to drive total value beyond cost savings
  • Experience working in highly regulated industries preferred
  • Experience in a continuous improvement environment with a track record of achieving significant year over year results
  • Demonstrated consultative/collaborative style in performing sourcing activities
  • Influences without authority to motivate a cross-functional team
  • Experience in life sciences, medical device, or pharmaceutical industries is preferred
  • Ability to travel up to 25%

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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?

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About Thermo Fisher

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.

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