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Analyst III, R&D International Agile Sourcing T500-16965
1 month ago
About Bristol Myers Squibb:
At Bristol Myers Squibb, we are inspired by a single vision – transforming patients' lives through science. In oncology, hematology, immunology, and cardiovascular disease – and one of the most diverse and promising pipelines in the industry – each of our passionate colleagues contribute to innovations that drive meaningful change. We bring a human touch to every treatment we pioneer. Join us and make a difference.
Description:
The Research & Development (R&D), Analyst III, Agile Sourcing (AS) is part of a global team which collaborates with R&D category leaders and business partners on procurement execution through data analytics and sourcing in support of procurement category strategies.
The R&D, Analyst III, Agile Sourcing will build an understanding of BMS's global, end-to-end value chain as it relates to the categories in focus. Key responsibilities include leading data analytics projects in support of procurement objectives like the development and maintenance of purchasing & negotiation strategies. The R&D, Analyst III may also support the conduct of sourcing projects and the negotiation of 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 role has a strong emphasis on data analytics.
Key Responsibilities:
Lead data analytics efforts to optimize procurement decisions:
- Partner with procurement stakeholders to understand their needs and recommend solutions as it pertains to data analysis and interpretation to support decision making and category planning.
- Develop datasets by preparing and combining raw data from various sources for analysis.
- Conduct financial analyses on supplier proposals and generate recommendations for supplier selection or negotiation strategies.
- Develop or leverage quantitative methodologies to predict future demand or pricing trends.
- Create visualizations (charts, graphs, dashboards) to communicate findings effectively.
- Work within procurement organization on continuous improvement opportunities in the domain of procurement analytics.
- Partner with supporting functions (Business Intelligence, Information Technology) to evaluate current and potential tools, platforms, etc. for potential uses within the procurement ecosystem. Including those with machine learning capabilities.
- May also directly engage supplier contacts directly as it pertains to expectations alignment on data insights, formatting, etc. to meet BMS requirements.
Support end-to-end 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.
- 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.
- 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.
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 clinical development, digital health, clinical diagnostics, real world evidence)
- Clear and demonstrated understanding of drug development and life cycle management process, specifically from First in Human (FIH) to marketing authorization
- Strong contracting acumen with experience in negotiating complex contracts such as global Master Services Agreements
- Experience in leveraging industry standard data analytical & visualization tools such as Microsoft Power BI, Tableau, SAP/ERP planning modules, etc.
- 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
- Comfort in lower complexity contract review e.g. Statements of Work/Work Orders.
- Proficiency in English
