Bristol Myers Squibb

3 days ago


Hyderabad, India Bristol Myers Squibb Full time

Challenging. Meaningful. Life-changing. These words rarely describe a jobbut at Bristol Myers Squibb (BMS), they define every role. Whether improving a production line or advancing breakthroughs in cell therapy, the work you do here transforms the lives of patientsand the lives of those who make it possible. At BMS, you will have opportunities that are uncommon in scale, depth, and impact, working alongside high-achieving teams. We support your growth with a flexible, balanced, and inclusive environment that lets you bring your best self to both work and life.- The Associate Director, Advertising Procurement plays a critical role in enabling BMSs dynamic and rapidly evolving Marketing and Commercial strategies. This role is central to supporting and optimizing our new Agency roster and ensuring the sustained value and success of our Agency engagement model. - The ideal candidate will blend procurement expertise, strategic thinking, deep understanding of marketing/advertising ecosystems, and exceptional stakeholder management skills. You will collaborate cross-functionally across Marketing, Procurement, Finance, Legal, and Agency partners to deliver innovative sourcing strategies and maximize long-term business value. If you see a role that inspires youeven if your background doesnt align perfectlywe encourage you to apply. - You may be one step away from work that transforms your career and patients lives. Key Responsibilities Strategic Procurement & Category Leadership Lead end-to-end procurement activities for advertising and agency services, including strategy development, sourcing, negotiation, contracting, and supplier performance management. - Develop multi-year category strategies that align with Marketing and Corporate objectives, enabling BMS brands to win in competitive marketplaces. Drive the evolution and optimization of the new Agency operating model, ensuring seamless collaboration, competitive pricing, and strategic value creation. Maintain deep knowledge of advertising industry trends, pricing models, production best practices, and emerging agency capabilities.- Cross-Functional Collaboration Partner closely with Marketing, Commercial, Finance, Legal, Compliance, and other matrixed teams to support campaign, brand, and launch strategies. Serve as the primary liaison between internal stakeholders and Agency partners, ensuring alignment on expectations, deliverables, and performance. - Support business partners in evaluating Agency scopes, optimizing budgets, and improving ROI on marketing investments. Supplier & Agency Management Manage relationships with key Agency partners, ensuring they deliver high-quality creative, media, content, and production services. Establish performance metrics and routine business reviews to ensure accountability and continuous improvement. - Drive innovation by identifying and introducing new Agency partners, technologies, or creative capabilities that support evolving brand needs. Financial Management & Value Delivery Lead cost analysis, benchmarking, total cost of ownership assessments, and value modeling to support strategic decision-making. - Ensure strong fiscal discipline, cost transparency, and compliance with procurement policies and financial controls. Identify and realize savings, efficiencies, and performance improvements across the advertising procurement category. Governance, Compliance & Risk Management Ensure all Agency engagements align with corporate policies, regulatory requirements, data privacy, and compliance standards. Support risk assessments and define contingency plans for supplier performance issues or operational disruptions. - Maintain accurate documentation, reporting, and processes following global procurement standards. Required Qualifications: - Bachelors degree in Business, Marketing, Supply Chain, or related field; advanced degree preferred. - 8+ years of experience in Procurement, Strategic Sourcing, Marketing Procurement, or Advertising/Media Agency account management. Strong understanding of advertising, media, digital marketing, creative production, and agency ecosystem dynamics. Demonstrated success in building category strategies and managing complex supplier portfolios. - Preferred Skills & Competencies Proven ability to influence senior stakeholders in a matrixed environment. Exceptional negotiation, communication, and strategic problem-solving skills. Experience working with global teams and large-scale Agency networks. Strong analytical skills with a data-driven approach to decision-making. - Ability to thrive in a fast-paced, highly collaborative, and evolving environment aligned with BMS values: passion, innovation, urgency, accountability, inclusion, and integrity. On-Site Protocol BMS follows a structured occupancy model: Site-essential: 100% onsite Site-by-design (this role): Hybrid, minimum 50% onsite Field-based / Remote-by-design: Travel required for stakeholder meetings and business needs Onsite presence supports collaboration, innovation, and strong organizational culture. - Commitment to Diversity, Equity & Inclusion BMS is dedicated to helping individuals with disabilities excel through a transparent recruitment process, reasonable accommodations, and ongoing workplace support. (ref:iimjobs.com)


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