Analyst III, Sourcing
4 weeks ago
BMS Hyderabad is an integrated global hub where our work is focused on helping patients prevail over serious diseases by building sustainable and innovative solutions. This important science, technology, and innovation center will support a range of technology and drug development activities that will help us usher in the next wave of innovation.
The Manager, GPS Product Development & Analytics Source to Contract is part of a global team which collaborates with GPS category leaders and business partners on procurement execution in support of category strategy development, contributing advanced strategic industry insight.
The Manager, GPS Product Development & Analytics Source to Contract will build an understanding of BMS’s global, end-to-end value chain as it relates to the categories in focus. Key responsibilities include owning and driving implementation of high value and highly complex sourcing projects and contracts; and identifying supply optimization opportunities for speed-to-market, innovation, revenue enhancement, mitigated risk/improved lifecycle management, overall competitive cost advantage, and other sources of value for Bristol-Myers Squibb. This position has a strong emphasis on contracting.
Key Responsibilities:
Manage end-to-end development and implementation of Sourcing and Contracting Strategy:
- Ability to manage a large book of work across multiple individuals, teams, geographies. Must be able to bring organization and transparency to a fast-paced environment.- Lead short and long-term initiatives that deliver positive impacts on the organization, including training and development programs.- Oversee project management for complex projects -Source to Contract including: sourcing events from end-to-end (RFI/RFP), FMV assessment and contract negotiations. Position has a heavy focus on contracting.- This individual may also be involved in identification, screening and selection of potential sources and determination of appropriate methods of procurement, utilizing extensive and deep contracting or technical expertise (e.g. Product Development and Analytics)- Lead the preparation and solicitation of competitive bids, quotations and proposals; evaluate competitive offerings; assess supplier product and pricing information; conduct negotiations and communicate decisions externally.- Prepare, issue and negotiate contracts for legal review and approval. Note, this specific role will require complex contracting globally in a highly regulated area, contracting will be a primary focus for the role.- Partner closely with supporting functions (Cybersecurity / IT, Data Privacy, Quality, etc.) in addition to legal for contract negotiations- Provide insights from internal and market analytics to influence the development of strategic category plans; partner with category leaders and business partners on plan development, including building plans for smaller categories. Builds understanding of BMS’s global, end-to- end value chain as it relates to the categories in focus.- Lead Book of Work review meetings with BP&S teams together potential projects, prioritize them and align on timelines, remove barriers to execution, escalations as needed.
Conduct Supplier Performance and Relationship Management for select categories and suppliers:
- Participate in certain supplier management activities involving key preferred suppliers, using the Supplier Management methodology, developing metrics for supplier performance- Analyze contracts to generate insights for category leads and leadership, empowering Supplier Relationship management efforts with highly strategic suppliers- For escalated issues with respect to quality, performance or supply, support BPS with the analytics required to solve root cause issues; collaborate with local procurement on solutions. Own and drive mitigation projects on a prioritized basis, as needed- As required for function and categories assigned, support the design and development of procurement compliance programs, including category-specific risk management efforts- Support implementing and managing the small business and disadvantaged suppliers search and development programs
Drive / support both procurement-wide and category specific continuous improvement initiatives:
- Champion process improvements, recommending new ways of working to improve processes and embed new systems in the function and across Sourcing Excellence- Lead or participate in organizational cross-functional development such as process improvement, capabilities development efforts, continuous innovation programs- Provide BMS support/oversight to suppliers of procurement and contracting-related services
Qualifications & Experience:
Minimum Requirements:
- B.S./B.A. (Business, Science or Engineering is desirable)- Minimum of 5 years’ work experience with at least 3 years procurement or relevant experience (preferably in Direct Materials or Manufacturing)- Clear and demonstrated understanding of the supply chain & manufacturing process- Strong contracting acumen with experience in negotiating complex contracts such as global Master Services Agreements- Expertise in procurement processes, technology and systems (such as Ariba, Icertis ), contract and supplier analysis and management, financial analysis, market analysis, supplier diversity, strategic planning and integrated supply chain.- Demonstrated ability to partner with and manage internal stakeholders up to some senior leaders within a highly matrixed organization, working across cross-functional, cross-organizational teams.- Strong understanding of data analytics, category management, project and performance management- Proficiency in English
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