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Procurement Specialist III Machined Engineered Components

Procurement Specialist III Machined Engineered Components

Wisconsin StaffingMadison, WI, US
5 days ago
Job type
  • Full-time
Job description

Procurement Specialist III Machined Engineered Components

Work Schedule : Standard (Mon-Fri) Environmental Conditions : Office

Job Description : The Procurement Specialist III Machined Engineered Components, 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, develop sourcing strategies, negotiate contracts, support spend migration from incumbent to preferred suppliers, and manage preferred supplier relationships.

Scale of Responsibilities :

  • Completes global category initiatives and manages projects to deliver key category performance indicators, including : savings, supplier rationalization, low-cost region sourcing, risk management, spend under agreement, joint innovation, supplier performance, etc
  • Supports 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 requirements
  • Engages and supports division / site procurement teams and other key colleagues to qualify preferred suppliers & migrate spend from incumbent, non-preferred suppliers
  • Analyzes category supplier performance data to find opportunities for supplier performance improvement and to establish continuous improvement goals
  • Supports supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards and continuous improvement goals
  • Leads the impact of cost and risk when developing contracts
  • Drives 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
  • Education, Experience, Knowledge :

  • Bachelor's degree in Business or technical field. Master's Degree is preferred
  • Minimum of 5 years procurement / sourcing experience in mid to large multinational companies, with strong category / business engagement experience or
  • Successful completion of a Thermo Fisher Leadership Development Program
  • Business insight knows how to assess market / business requirements dynamics and negotiate agreements that yield meaningful business value
  • Experience working in highly regulated industries
  • 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 and manage a cross-functional team in multiple geographies.
  • CPSM or equivalent is preferred
  • Hands-on manufacturing and / or supply chain experience is preferred
  • Experience in life sciences, medical device, or pharmaceutical industries is preferred
  • Ability to travel 25 to 50%
  • 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.

    Compensation and Benefits : The salary range estimated for this position based in North Carolina is $75,800.00$101,000.00. This position may also be eligible to receive a variable annual bonus based on company, team, and / or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes :

  • A choice of national medical and dental plans, and a national vision plan, including health incentive programs
  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement
  • At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
  • Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
  • Employees' Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount
  • For more information on our benefits, please visit : https : / / jobs.thermofisher.com / global / en / total-rewards

    Thermo Fisher Scientific is an EEO / Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.

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