Analyst II, IT Business Support(Category management/Strategic Sourcing

2 weeks ago

Hyderabad, Telangana, India Bristol Myers Squibb Full time

#GBOHYD #LI-Hybrid

Description:

The Category Strategy Support role is responsible for supporting and collaborating with Category Leads in the development of global category strategies, including buying channels, purchasing policies and managing supplier relationships. This role will execute on category maintenance and analytics (reporting, taxonomy, etc.) activities to successfully grow and maintain best-in-class category strategies. This role will assist in the development of and adherence to strategic category strategy processes and procedures, supplier and category segmentation, metrics/KPI development, etc.

It is necessary for this individual to understand enabling services categories, the impact on the organization (both short and long term) and can flex across multiple categories as business needs fluctuate. Attention to detail, strong analytical skills, and ability to work in a fast-paced environment will contribute to the success of BMSs global category strategy efforts. This position will support continuous improvement initiatives that will enable the business to achieve its strategic objectives. This position will be located in Hyderabad, India and work collaboratively with several in country and global stakeholders to successfully execute work.

Major Responsibilities and Accountabilities:

  • Category Strategy Support & Enablement
    • Assist Category Leads in the day-to-day activities needed to successfully define and implement optimal strategies for buying channels, purchasing policies, and supplier relationship management programs
    • Support the category lead to develop implementation plans to activate strategies across regions, markets, and business units
      • Includes conducting market research, analyzing data, and identifying trends to support the development of category strategies
    • Update global buying channel definitions, associated policies, and processes to establish a consistent approach across all business units and regions (global, regional, local)
      • Maintain accurate documentation as required
    • Support integrated change management efforts (e.g., communications, training) across the related processes as needed
    • Ensure pull through of category strategies with the Source-to-Contract (S2C) teams
    • Identify and mitigate risks associated with the category, including supply chain disruptions, supplier financial stability, and geopolitical factors
    • Assist in the creation and maintenance of category-related documentation such as contracts, pricing agreements, and promotional materials.
    • Assist in supplier management and performance tracking across categories
  • Category Analytics & Data Maintenance
    • Define and track key category & supplier performance measures (operational metrics, preferred supplier adherence, buying channel compliance, performance of category strategies, etc.)
      • Manage data to provide meaningful insights as needed by category leads
    • Ensure proper value capture reporting and monitor appropriate analytics in order to address performance gaps and improvement opportunities
      • Communicate performance reports that monitor adoption and compliance to key stakeholders
    • Pull, clean, and analyze spend data for category leads & business partners as needed
    • Maintain data and toolsets needed to support reporting and category management activities
      • Collaborate with cross-functional teams to ensure data consistency and resolve any discrepancies
    • Track progress against critical category and enterprise initiatives / metrics (e.g., diverse supplier spend, Service Level Agreements (SLAs))
  • Continuous Improvement
    • Take initiative for continuous improvement and proactively propose enhancement opportunities
    • Stay informed about industry trends, emerging technologies and best practices within category management
      • Share best practices with other procurement category leads, appropriate category managers and other Global Procurement colleagues
    • Champion procurement objectives
    • Support preparation for continuous improvement sessions (e.g. pulling & consolidating supplier capabilities & performance)
    • Consider and address feedback from internal users/customers, proactively determining best response to continually improve process
      • Regularly review and evaluate processes, seeking opportunities to streamline and enhance efficiency
    • Analyze market trends, supplier performance, and cost-saving opportunities

Internal/External Stakeholders:

  • Category Leads and other Category Managers
  • Business Partners and PS&C (i.e., Center) team members as needed
  • Third Party Vendors / Supplier Management
  • Members of industry; technology councils and organizations

Qualifications:

Minimum Requirements:

  • B.S./B. A.
  • Minimum of 3-5 years of relevant business experience
  • Minimum of 2-4 years of multi-disciplined procurement experience, or related category domain experience or relevant experience
  • Proven experience in procurement, contract management, or procurement governance
  • Internal stakeholder management, data/information management, category management, process redesign and continuous improvement expertise, project management and performance measurement skills
  • Procurement process knowledge, contract management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization, strategic planning and integrated supply chain experience
  • Please note that this role may require you to work in rotational shifts

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

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