Thermo Fisher Scientific

Procurement/Sourcing Specialist III

Thermo Fisher Scientific$70K — $95K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • Minimum 2 years of related experience
  • Experience in regulated industries preferred
  • Track record in continuous improvement environments preferred
  • Consultative/collaborative style in sourcing preferred
  • Ability to influence across teams without authority
  • CPSM certification or equivalent preferred
  • Hands-on manufacturing or supply chain experience preferred
  • Experience in life sciences, medical device, or pharmaceutical industries preferred
  • Willingness to travel up to 20%

Responsibilities

  • Manage and improve categories of spend
  • Collaborate with cross-functional teams to prioritize sourcing initiatives
  • Execute global sourcing strategies with preferred suppliers
  • Monitor market intelligence and refine category plans
  • Analyze supplier performance data for improvement opportunities
  • Support supplier business reviews to ensure performance standards are met
  • Lead negotiations for global agreements aligned with category strategy

Benefits

  • Opportunities for professional growth and development
  • Collaborative cross-functional work environment
  • Engagement with highly regulated sectors
  • Focus on continuous improvement and innovation
  • Ability to influence major sourcing decisions
Full Job Description
Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

DESCRIPTION:

The ProcurementSpecialist III - Biochemicals & Biologicals, manages and continuously improves the assigned categories of spend. Collaborates with a cross-functional team of sourcing, operations, technical, finance and other key colleagues to prioritize sourcing initiatives, develop sourcing strategies, negotiate contracts, support spend migration from incumbent to preferred suppliers, and manage preferred supplier relationships.

Scale of Responsibilities
  • Completes global category initiatives and manages projects to deliver key category performance indicators, including: savings, supplier rationalization, low-cost region sourcing, risk management, spend under agreement, joint innovation, supplier performance, etc
  • Supports the execution of global sourcing strategies focused on identifying and contracting with preferred suppliers that meet key business needs and category management goals


Technical Responsibilities
  • Monitors market intelligence and key trends, assesses impact and refines category plans to support business requirements
  • Engages and supports division/site procurement teams and other key colleagues to qualify preferred suppliers & migrate spend from incumbent, non-preferred suppliers
  • Analyzes category supplier performance data to find opportunities for supplier performance improvement and to establish continuous improvement goals
  • Supports supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards and continuous improvement goals
  • Leads the impact of cost and risk when developing contracts
  • Drives negotiations for global agreements aligned with category strategy


Leadership Responsibilities
  • Collaborates with cross-functional colleagues (quality, technical, operations, finance, etc.) to ensure all category sourcing activities are aligned to a common set of goals and priorities


Education, Experience, Knowledge

  • Bachelor's degree required
  • Minimum of 2 years of related experience
  • Experience working in highly regulated industries preferred
  • Experience in a continuous improvement environment with a track record of achieving significant year over year results preferred
  • Demonstrated consultative/collaborative style in performing sourcing activities preferred
  • Influences without authority to motivate and manage a cross-functional team in multiple geographies preferred
  • CPSM or equivalent is preferred
  • Hands-on manufacturing and/or supply chain experience is preferred
  • Experience in life sciences, medical device, or pharmaceutical industries is preferred
  • Ability to travel up to 20%

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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