R&D Procurement Senior Manager

2 hours ago

Hyderabad, Telangana, India Bristol Myers Squibb Full time
Job Summary

The Strategic Sourcing and Procurement Senior Manager will be responsible for supporting and executing procurement activities for Research Lab categories supporting the objectives of the R&D business.

Key Responsibilities
  • Drive global category strategies and navigate a complex internal stakeholder landscape, coordinating intricate issues across multiple business units including legal, and finance.
  • Lead, teach, and direct Sourcing professionals throughout the Strategic Category Management and sourcing processes as well as key processes/skills (e.g., spend management analysis, stakeholder management, etc.).
  • Develop, maintain and implement a 3-5 year strategic plan across research categories in remit, inclusive of small and diverse suppliers, and ensure all projects supporting the strategic plan deliver maximum value.
  • Lead sourcing events across all categories to select preferred and approved suppliers within each category, ensure all sourcing activities adhere to BMS' buying SOPs.
  • Subject matter expert for categories within remit.
  • Share best practices with Global Procurement colleagues and continuously improve strategy with feedback and discussion on best practices.
  • Ability to consolidate market, supplier and internal business data/information to develop and implement a cohesive, business-aligned strategy at both the category and sub-category level.
  • Ensure engagement with R&D leadership by understanding their business needs and how it can be fulfilled from the marketplace as well as providing accountability for their alignment.
  • Execution of critical R&D agreements for strategic projects.
  • Support risk management as required.
  • Ensure accurate reporting of procurement key performance measures (operational metrics, savings, preferred supplier adherence, customer service, etc.).
  • Responsible for spotting market trends and innovative technologies to educate key stakeholders on industry leading practices, R&D suppliers, and procurement solutions.
  • Prepare and present reports on procurement activities, performance metrics, and strategic initiatives to senior leadership.
  • Maintain accurate and up-to-date procurement documentation and records.
  • As an integral member of the Global Procurement organization, help to roll out key end to end enablement tools/systems, processes, and templates that will improve the buying channel experience.
  • Share best practices with other procurement category leads, R&D category managers and other Global Procurement colleagues, and continuously improve strategy with feedback and discussion on best practices.
  • Drive continuous improvement.
Qualifications and Experience
  • B.S./B.A.; M.S/M.B.A preferred.
  • 3-5 years of business experience, multi-disciplined procurement experience and/or research (sourcing or otherwise).
  • Experience with leading large, change management projects.
  • Prior R&D experience in biopharmaceuticals, pharmaceuticals, and/or medical device industry required.
  • Knowledge and proficiency with Ariba system & Icertis is preferred.
  • Possess exceptional communication and presentation skills and be able to communicate to multiple levels within company, including demonstrated ability to influence decision making.
  • Possess strong negotiation skills to develop preferred rates with BMS partners and knowledgeable about creative deal structuring to build enterprise-level partnerships.
  • Strong problem-solving skills and ability to work cross-functionally as critical member of category team and the larger R&D Procurement team.
  • Capability to lead projects/initiatives that have significant impact upon global and site business by achieving project milestones and objectives.
  • Has the ability to manage business complexities and provide road map for sustainable solutions.
  • Must have a strong business partnering orientation with excellent analytic & interpersonal skills.
  • Must have a proactive, creative and analytic approach to continuous improvement in delivering procurement services and identifying new opportunities.
  • Demonstrated high degree of independence, requiring minimal supervision from senior management.

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