Strategic Sourcing Coordinator

3 weeks ago


Pune, Maharashtra, India Thermo Fisher Scientific Full time
About the Role

As a Strategic Sourcing Coordinator at Thermo Fisher Scientific, you will be responsible for driving supplier management processes to meet company objectives. Collaborating with a cross-functional team of project management, technical, quality, finance, and other key colleagues to prioritize sourcing initiatives, develop sourcing strategies, negotiate contracts, support spend migration from incumbent to preferred suppliers, and run preferred supplier relationships.

Key Responsibilities

  • Actively handle Procurement to Pay (P2P) process.
  • Maintain market intelligence and key trends to refine buying plans to support business requirements.
  • Negotiate pricing and supply contracts to ensure fair market value while protecting our company's interests.
  • Manage inflation, sourcing savings, and purchased-part variances (PPV) to ensure operational goals are achieved.
  • Collaborate with Marketing and Operations leadership to handle inventory and supply demands against forecasts for standard product lines.
  • Work closely with project teams to ensure material deliveries and sourced products are aligned to meet customer expectations.
  • Participate in New Product Development & Introduction (NPDI) teams to help secure materials and vendor contracts.

Requirements

  • Bachelor's degree in Electronics/Mechanical, Master's degree in SCM will be an added advantage.
  • 5 years' relevant procurement/sourcing experience in a EMS/ Electronics procurement in a manufacturing environment.
  • Experience in Vendor Development, Inventory Management Strategies, Inventory Control Tools, Material Planning.
  • Familiar with ERP operating systems like SAP and MS Office.


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