Strategic Sourcing and Contracting Expert
1 week ago
About Bristol Myers Squibb
Bristol Myers Squibb is a global biopharmaceutical leader committed to transforming patients' lives through innovative science, technology, and innovation. With a strong focus on helping patients prevail over serious diseases, the company has established itself as a leading player in the pharmaceutical industry.
The Manager, GPS Product Development & Analytics Source to Contract is part of a global team that collaborates with category leaders and business partners on procurement execution in support of category strategy development. This role contributes advanced strategic industry insights, driving business growth and improving operational efficiency.
As a key member of the sourcing team, you will build an understanding of BMS's global, end-to-end value chain as it relates to the categories in focus. Your primary responsibilities include owning and driving implementation of high-value and highly complex sourcing projects and contracts, identifying supply optimization opportunities, and mitigating risk/improved lifecycle management.
Key Responsibilities:
- Manage end-to-end development and 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.
- Oversee project management for complex projects - Source to Contract including: sourcing events from end-to-end (RFI/RFP), FMV assessment and contract negotiations. Position has a heavy focus on contracting.
- This individual may also be involved in identification, screening, and selection of potential sources and determination of appropriate methods of procurement, utilizing extensive and deep contracting or technical expertise (e.g., Product Development and Analytics).
- 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. Note, this specific role will require complex contracting globally in a highly regulated area, contracting will be a primary focus for the role.
- Partner closely with supporting functions (Cybersecurity / IT, Data Privacy, Quality, etc.) in addition to 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, 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.
- Lead Book of Work review meetings with BP&S teams together potential projects, prioritize them, and align on timelines, remove barriers to execution, escalations as needed.
Conduct Supplier Performance and Relationship Management for select categories and suppliers:
- Participate in certain supplier management activities involving key preferred suppliers, using the Supplier Management methodology, developing metrics for supplier performance.
- Analyze contracts to generate insights for category leads and leadership, empowering Supplier Relationship management efforts with highly strategic suppliers.
- For escalated issues with respect to quality, performance, or supply, support BPS with the analytics required to solve root cause issues; collaborate with local procurement on solutions. Own and drive mitigation projects on a prioritized basis, as needed.
- As required for function and categories assigned, support the design and development of procurement compliance programs, including category-specific risk management efforts.
- Support implementing and managing the small business and disadvantaged suppliers search and development programs.
Drive/support both procurement-wide and category-specific continuous improvement initiatives:
- Champion process improvements, recommending new ways of working to improve processes and embed new systems in the function and across Sourcing Excellence.
- Lead or participate in organizational cross-functional development such as process improvement, capabilities development efforts, continuous innovation programs.
- Provide BMS support/oversight to suppliers of procurement and contracting-related services.
Estimated Salary Range: $120,000 - $180,000 per annum
Bristol Myers Squibb offers a dynamic and challenging work environment that fosters innovation and collaboration. The company provides excellent benefits, professional growth opportunities, and a competitive salary range of $120,000 - $180,000 per annum. If you are a strategic sourcing and contracting expert looking to take your career to the next level, apply now to join our team
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