Strategic Sourcing Director
4 days ago
We are seeking a highly experienced Strategic Sourcing Director to lead our global procurement initiatives at Bristol Myers Squibb. As a key member of our team, you will be responsible for driving business growth and improving operational efficiency through effective sourcing strategies.
Key Responsibilities- Develop and execute comprehensive sourcing strategies to support multi-category business spend, ensuring compliance with optimal buying channels.
- Lead a high-performing team in using appropriate methods of procurement, performing cost-benefit analysis, and preparing competitive bids and proposals.
- Evaluate and advise on competitive offerings, negotiate terms, and oversee relationships with external partners to support sourcing facilitation and contract administration.
- Ensure negotiated terms are translated into contractual terms, following BMS templates provided by Legal Dept/Strategic Corporate Transactions.
- Manage team performance using data-driven insights to drive continuous improvement and optimize cycle time.
- Bachelor's degree in a relevant field (e.g., Business Administration, Supply Chain Management).
- Minimum 8-10 years of business experience, preferably in multi-disciplined procurement roles.
- 3-5 years of experience managing a direct team, with ability to manage large groups of professionals.
- Strong contracting acumen, relevant procurement & subject matter experience, and expertise in procurement process knowledge, agreement management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization, strategic planning, and integrated supply chain management.
- Excellent management and team leadership skills, demonstrated by a track record of success leading projects and problem-solving initiatives with cross-functional teams.
- Advanced qualifications/education (e.g., Master's degree or higher).
- Relevant professional certifications (e.g., Certified Purchasing Manager (CPM), Certified Professional in Supply Management (CPSM)).
- Membership in Professional Associations (e.g., Institute of Supply Management (ISM)).
The estimated salary range for this role is between $140,000 and $180,000 per year, depending on experience and qualifications.
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