Thermo Fisher Scientific

Procurement Manager - Lab OEM

Thermo Fisher Scientific$90K — $120K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Master's Degree preferred.
  • Minimum of 6 years procurement/sourcing experience, preferably in strategic supplier relationships or OEM partnerships.
  • Strong business acumen with a focus on total value beyond cost savings.
  • Experience in highly regulated industries preferred, with a continuous improvement track record.
  • Demonstrated collaborative style in sourcing activities, influencing stakeholders across various functions.
  • Experience in life sciences, medical device, or pharmaceutical industries is a plus.
  • Willingness to travel up to 25%.
  • Strong analytical skills for cross-divisional spend analysis and strategic sourcing planning.

Responsibilities

  • Lead global OEM supplier initiatives to achieve key performance indicators such as savings and risk mitigation.
  • Develop and execute 3 to 5-year global sourcing strategies in alignment with business priorities.
  • Analyze Lab OEM spend and create strategic sourcing plans to reduce costs and enhance value.
  • Act as the key procurement interface with business divisions to ensure supplier strategy alignment.
  • Manage the entire OEM supplier lifecycle, including onboarding and ongoing management.
  • Conduct supplier performance reviews and drive improvement in quality, delivery, and service metrics.
  • Facilitate Make vs OEM analysis and drive contract negotiations aligned with category strategies.

Benefits

  • Standard Monday to Friday work schedule.
  • Collaborative office environment with cross-functional teamwork.
  • Opportunities for professional development and career advancement within a global company.
Full Job Description
Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

Description

The Procurement Manager - Lab OEM, drives the execution of complex category strategies and OEM supplier lifecycle management encompassing multiple sites to continuously improve the assigned categories of spend. Collaborates with a cross-functional team of sourcing, operations, technical, finance and other colleagues to prioritize sourcing initiatives, develop sourcing strategies, negotiate contracts, and manage strategic OEM supplier relationships.

Scale of Responsibilities
  • Leads global OEM supplier initiatives to deliver key performance indicators including: savings, supplier rationalization, risk mitigation, and performance improvement
  • Leads global category initiatives to deliver year over year savings, supplier rationalization, and low-cost region sourcing.
  • Participates in the development and execution of 3 to 5-year global sourcing and OEM supplier strategies aligned to business priorities.
  • Analyzes cross-divisional Lab OEM spend and develops global strategic sourcing plans to reduce the total cost of ownership and improve value realization.
  • Acts as the key procurement interface with relevant Thermo Fisher business divisions ensuring alignment of supplier strategies, performance, and financial targets.
  • Owns end-to-end OEM supplier lifecycle management including supplier onboarding during NPIs (New Product Introductions and ongoing supplier management.
  • Perform other duties and tasks as assigned.


Technical Responsibilities
  • Provides thought leadership in developing and implementing sourcing and OEM supplier strategies.
  • Monitors market intelligence and key OEM supplier trends, assessing impact to the business and refining strategies.
  • Partners with Business functions (operations, quality, etc.) to drive supplier performance management across quality, delivery, cost, and service metrics
  • Actively leads supplier business reviews with strategic OEM suppliers to ensure performance, innovation, and contractual compliance.
  • Facilitates Make vs OEM analysis to support strategic sourcing and investment decisions
  • Drives value engineering (VA/VE) initiatives with OEM partners to deliver productivity savings
  • Drives contract & commercial negotiations across OEM suppliers aligned with category strategies
  • Supports product and market access expansion through OEM partnerships and exclusivity agreements
  • Manages the supplier qualification process for new OEMs including supplier identification, competitive bidding via RFP, and supplier selection.
  • Engages and supports division/site procurement teams and other key colleagues to qualify preferred suppliers & migrate spend from incumbent, non-preferred suppliers


Leadership Responsibilities
  • Collaborates with cross-functional colleagues (quality, technical, operations, finance, etc.) to align category and OEM supplier strategies with business priorities.
  • Partners with Division Business Partners and functional partners to gather business requirements for strategy development.
  • Establishes relevant category plans and priorities globally and ensures alignment with divisional business priorities
  • Influences stakeholders across procurement, operations, and engineering to drive OEM value realization
  • Establishes communication mechanisms for OEM supplier performance tracking and reporting.


Education, Experience, Knowledge and Skills
  • Bachelor's degree required; Master's Degree is preferred
  • Minimum of 6 years procurement/sourcing experience with strong category/business engagement experience
  • Experience managing strategic supplier relationships or OEM partnerships preferred
  • Strong business acumen and ability to drive total value beyond cost savings
  • Experience working in highly regulated industries preferred
  • Experience in a continuous improvement environment with a track record of achieving significant year over year results
  • Demonstrated consultative/collaborative style in performing sourcing activities
  • Influences without authority to motivate a cross-functional team
  • Experience in life sciences, medical device, or pharmaceutical industries is preferred
  • Ability to travel up to 25%

About Thermo Fisher Scientific

Thermo Fisher Scientific Careers

Join the vibrant team at Thermo Fisher Scientific, a global leader in serving science and making the world healthier, cleaner, and safer. With a workforce of over 75,000 professionals, Thermo Fisher Scientific offers unparalleled job opportunities and a culture of innovation that propels your career to new heights. Work You’ll Do At Thermo Fisher Scientific, you will be part of a team that is dedicated to enabling our customers to make the world healthier. Whether you are involved in the development of life-saving drugs or innovative environmental solutions, your work will have a profound impact on society. Our commitment to leadership in the industry is unwavering. With Thermo Fisher Scientific, you will lead projects that set standards in scientific inquiry and market leadership. You will work at the intersection of science, technology, and industry expertise, driving digital innovation in every aspect of our business. Join our diverse team of professionals and engage in roles that span across various functions and disciplines. From research and development to marketing and sales, the breadth of job opportunities available means that you can find the perfect match for your skills and passions. Innovative Work As part of our team, you will have access to cutting-edge tools and technologies that foster creativity and innovation. Thermo Fisher Scientific is home to a dynamic range of career paths, all designed to challenge you and help you grow as a professional. Our employment philosophy emphasizes diversity and inclusivity, ensuring that all team members have the opportunity to thrive. We believe in nurturing talent through robust training programs, leadership development, and opportunities for career advancement. Be Part of a Great Team Working at Thermo Fisher Scientific means being part of a global network of enthusiastic, talented, and ambitious individuals. Our culture is built on collaboration, where each member’s unique skills and perspectives are valued. You will enjoy benefits that support both your professional growth and personal well-being. Future-Proof Your Career Embark on a journey of growth and continuous learning with Thermo Fisher Scientific. We offer a variety of training and development programs that cater to your interests and career goals. From internships for budding scientists to leadership training for aspiring executives, our programs are designed to equip you with the skills needed for a successful and fulfilling career. Explore Discover how our commitment to innovation leads to advancements in health and science: [Read More] Learn about our leadership in environmental sustainability and how you can contribute: [Read More] The Thermo Fisher Scientific Difference Our global presence and commitment to innovation mean that your work extends beyond borders and makes a tangible impact worldwide. The collaboration between our teams drives our leadership in the scientific community and contributes to a culture that embraces diversity and fosters professional growth. Stay Connected Join Our Team Search open positions that match your skills and interest. We are always on the lookout for passionate, curious, and driven team players. Explore our job opportunities and find out how you can contribute to our meaningful work. SEARCH THERMO FISHER SCIENTIFIC JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Thermo Fisher Scientific.
Learn more about Thermo Fisher Scientific
Size
130,000 employees
Market Cap
$213.3 billion
Industry
Net Income
$6.3 billion
Founded
1956
5 Year Trend
+16.5%
Revenue
$32.2 billion
NASDAQ

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