Director of Sourcing and Contracting Operations

5 days ago

Hyderabad, Telangana, India Bristol Myers Squibb Full time
Job Title: Associate Director, Source to Contract Team Lead, Agile Sourcing

Bristol Myers Squibb is a global BioPharma company that is committed to discovering, developing, and delivering innovative medicines that help patients prevail over serious diseases. We are seeking an experienced sourcing and contracting professional to join our Agile Sourcing team.

About the Role:

The Associate Director, Source to Contract Team Lead, Agile Sourcing will be responsible for contributing to and overseeing the delivery of source-to-contract operations across multiple categories, including indirect categories such as IT, professional services/consulting, talent acquisition and recruitment, learning and development, employee services, global business operations, finance, corporate services, business travel and meetings, and other enabling services and functions.

The successful candidate will need to be comfortable with leading change and taking calculated risk. They will lead a team of resources to ensure effective sourcing, negotiating, contracting, and purchasing activities to optimize buying power and achieve desired procurement outcomes in support of our company's goals.

Key Responsibilities:
  • Source, onboard, lead, manage, and develop a team of professionals in support of source-to-contract operations across multiple categories.
  • Monitor team performance and identify opportunities for continuous improvement to ensure successful development and implementation of sourcing and contracting strategy.
  • Assist direct reports with professional development planning and enable flexibility across Agile Sourcing organization to foster cross-functional proficiencies of resources and procurement categories.
  • Assist in the creation of training materials leveraging a deep knowledge of contract terms and conditions, negotiation best practices, and BMS Standard Operating Procedures.
  • Establish clear performance expectations, provide proactive feedback, and be a hands-on manager who provides close leadership and support to their team.
  • Oversee the end-to-end sourcing and contracting process in support of operations across the assigned categories.
  • Guide and support team to establish procurement plans and contracting strategies that are developed and executed in support of organizational objectives.
  • Lead team to develop and execute sourcing events and proposals with pertinent specifications, terms, and conditions.
  • Apply quality assurance protocols to monitor team and individual quality and to ensure only appropriate escalations to global category managers, legal, and other subject matter experts.
  • Act as final escalation point within Agile Sourcing team to provide guidance and answer questions on substantive sourcing and contracting related issues.
  • Maintain awareness of pre-contracting steps, including underlying BMS policies and procedures related to the contracts and the contracted activities within scope.
  • Partner directly with adjacent stakeholders and deliver on complex, high-risk issues or projects.
  • Act as a trusted advisor to global category managers and their leadership to ensure procurement strategies can be delivered against the expectations of the business.
  • Act as an expert facilitator to fully manage and lead complex sourcing events and contract negotiations in partnership with business stakeholders, global procurement category managers, legal, and other participants in the contracting process, including various subject matter experts.
  • Coordinate with functions and stakeholders across BMS to ensure timely, compliant, and effective facilitation of contracts.
  • Performance Management & Continuous Improvement for Source to Contract.
  • Review team performance and identify trends for continuous improvement to improve operational effectiveness, standardization, and process simplification.
  • Partner and share best practices and learnings with Agile Sourcing team to ensure business needs are proactively met in an aligned, consistent, and collaborative manner across functional areas and in a manner that is compliant with BMS Standard Operating Procedures and protocols.
  • Work with procurement and legal to find ways to improve the contracting process, including recommending updates to contract templates, collecting fallback language, and developing guidance for negotiations.

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