Sourcing Associate

Profile

Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and deliver innovative medicines focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis.

Join us and make a difference. We hire the best people and provide them with a work environment that places a premium on diversity, integrity, collaboration and personal development. Through a culture of inclusion, we create a better, more productive work environment. We believe that the diverse experiences and perspectives of all our employees help to drive innovation and transformative business results.

Bristol Myers Squibb is a global biopharmaceutical company committed to transforming patients’ lives through science. At the core of that mission are the talented individuals who contribute their “unique” skillsets to help us drive innovation and deliver truly life-changing drugs for our patients. As we continue to pursue that mission, we’re looking for talented professionals like you to join our team. What unique gene will you bring?

Description:

The Sourcing Associate collaborates with and supports Global Procurement R&D category owners on strategy development while leading and supporting procurement execution. This individual will strive to make positive impact on the organization, short and long term.

The Sourcing Associate will build an understanding of BMS’s global, end-to-end value chain, as it relates to the category/categories in focus. With this knowledge, he or she will provide strategic industry insights and identify potential opportunities to improve total cost of ownership, including revenue enhancement, speed-to-market, mitigated risk/improved lifecycle management, and other opportunities that to BMS competitive advantage.

The Sourcing Associate will manage Supplier Relationship Management processes and procedures: including supplier and category segmentation, metrics/KPI development and application, scorecard format, contract management, etc. Through Supplier Relationship Management programs, he or she will facilitate continuous improvement and supplier-enabled innovation and enable the Head of Sourcing/Sourcing Managers to achieve strategic objectives.

Major Responsibilities and Accountabilities:

Provide End-to-End project management of the sourcing process.

Participate in book of work review meetings to gather potential projects

Launch kick-off meetings to establish a sourcing event and conduct the event through to contracting and hand-off

This specific role will require complex contracting globally in a highly regulated area

Support/lead development of strategic category plans

Collaborate with category leaders and business partners on plan development

Provide internal and market analytics in support of strategic category plans

Support and/or lead execution of procurement plans; role dependent on category/project complexity.

Assist/lead identification & screening/selection of potential sources

Assist/lead in determining appropriate method and employing leading practices

Ensure excellence in delivery of procurement initiatives that maximize corporate, business, and functional priorities and objectives

Lead preparation of competitive go-to-market events (solicitation of bids, quotations and proposals) with pertinent specifications, terms and conditions

Prepare for and/or lead supplier negotiations depending on category complexity

Evaluate offerings and recommend overall best offer for a product or service

As part of implementation, review product availability and/or pricing information with suppliers

Assist in the preparation of and/or issue contracts (or large purchase orders) for legal review and approval

Support design/development of procurement compliance programs that align to organizational objectives and business strategies

Maintain agreement files as required

Understand how to access and influence specifications as required for category

Prepare periodic category performance reports for assigned categories

Support budget management processes as required for categories

Support SRM purposes through required development and delivery of prioritized performance metric

Support risk management as required

Lead/participate in organizational development efforts

Internal/External Stakeholders:

Business Partners

GP and SE Leadership

Supplier executive management

Senior members of industry; technology councils and organizations

Qualifications:

Minimum Requirements:

B.S./B.A. (Business, Science or Engineering is desirable)

Relevant industry certification is preferred, e.g. Certified Purchasing Manager (CPM), Certified Professional in Supply Management (CPSM), Certified Supply Chain Professional (CSCP), Certified in Production and Inventory Management (CPIM)

Minimum of 2-3 years’ work experience with at least 3-4 years of sourcing or relevant experience. (Preferred category experience includes: Clinical Research Services, or other science-based industries)

Expertise in procurement processes, technology and systems (such as Ariba), contract and supplier analysis and management, financial analysis, market analysis, supplier diversity, strategic planning and integrated supply chain.

Strong written and verbal communication skills

Proficiency in Microsoft Word, Power Point and Excel

Demonstrated ability to work in a fast-paced, dynamic, ambiguous environment

Preferred Qualifications:

M.S./M.B.A.

Professional certifications (e.g. CPM, CPIM).

1-2 years Pharmaceutical Procurement experience

Membership in Professional Associations, e.g. ISM

Bristol-Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees the resources to pursue their goals, both at work and in their personal lives.

Bristol-Myers Squibb is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Company info

Bristol-Myers Squibb Company
Website : http://www.bms.com