Senior Sourcing Manager

2 days ago

Hyderabad, Telangana, India Bristol Myers Squibb Full time

Job Summary

The Senior Sourcing Manager will be responsible for managing end-to-end development and implementation of sourcing and contracting strategies for Bristol Myers Squibb. This includes owning and driving implementation of high-value and highly complex sourcing projects and contracts, as well as identifying supply optimization opportunities for speed-to-market, innovation, revenue enhancement, mitigated risk/improved lifecycle management, and overall competitive cost advantage.

Key Responsibilities

  • Manage a large book of work across multiple individuals, teams, and geographies, bringing 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, including sourcing events from end-to-end (RFI/RFP), FMV assessment, and contract negotiations.
  • Identify, screen, and select potential sources and determine appropriate methods of procurement, utilizing extensive and deep contracting or technical expertise.
  • 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, partnering closely with supporting functions and 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, and build 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, prioritize projects, align on timelines, remove barriers to execution, and escalate as needed.

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 and manufacturing process
  • Strong contracting acumen with experience in negotiating complex contracts, such as global Master Services Agreements
  • Expertise in procurement processes, technology, and systems, 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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