Strategic Sourcing Analytics Lead
7 days ago
Lead data analytics efforts to optimize procurement decisions. Partner with procurement stakeholders to understand their needs and recommend solutions as it pertains to data analysis and interpretation to support decision making and category planning.
About the Role
Develop datasets by preparing and combining raw data from various sources for analysis. Conduct financial analyses on supplier proposals and generate recommendations for supplier selection or negotiation strategies. Develop or leverage quantitative methodologies to predict future demand or pricing trends.
Main Responsibilities
Create visualizations (charts, graphs, dashboards) to communicate findings effectively. Work within procurement organization on continuous improvement opportunities in the domain of procurement analytics. Partner with supporting functions (Business Intelligence, Information Technology) to evaluate current and potential tools, platforms, etc. for potential uses within the procurement ecosystem. Including those with machine learning capabilities.
Skills and Qualifications
May also directly engage supplier contacts directly as it pertains to expectations alignment on data insights, formatting, etc. to meet BMS requirements. 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.
Requirements
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. 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.
What You Need to Succeed
Minimum Requirements:
- B.S./B.A. (Business, Science or Engineering is desirable)
- Minimum of 5 years' work experience with at least 3 years in business analytics or relevant experience (preferably in the life sciences industry)
- Experience in leveraging industry standard data analytical & visualization tools such as Microsoft Power BI, Tableau, SAP/ERP planning modules, etc.
- Understanding of the value proposition of the procurement function and a passion to support efforts that bring more medicines, to more patients faster.
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