Thermo Fisher Scientific

Procurement Specialist III - Lab Equipment

Thermo Fisher Scientific$75K — $95K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • HS diploma or equivalent with 10 years related experience or Bachelor's degree with 5 years related experience
  • Experience in multinational companies with strong category/business engagement preferred
  • Professional certifications (CPSM, CSCP, CPM) preferred
  • Business savvy in market assessment and impactful negotiations
  • Experience in regulated industries is a plus
  • Proficient with ERP systems, spend analytics, and procurement tools
  • Strong communication and relationship-building skills

Responsibilities

  • Manage and enhance strategic sourcing initiatives for lab equipment
  • Collaborate with cross-functional teams to develop and prioritize category strategies
  • Conduct market intelligence monitoring to adapt category plans
  • Drive negotiations for global agreements aligning with category strategy
  • Support supplier reviews to ensure performance and continuous improvement
  • Contribute to new product introductions and technology identification
  • Execute global sourcing strategies to establish preferred supplier relationships

Benefits

  • Work standard hours (Mon-Fri)
  • Collaborative team environment
  • Engage with cross-functional teams
  • Opportunity to influence procurement strategy
  • Work in a mission-driven organization focused on health, safety, and sustainability
Full Job Description
Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

DESCRIPTION:
Join our collaborative team at Thermo Fisher Scientific, where you'll manage and enhance strategic sourcing initiatives as a Procurement Specialist III - Lab Equipment. Working with cross-functional teams, you'll manages and continuously improve the assigned categories of spend. You'll collaborate with cross-functional teams of sourcing, operations, technical, finance and other key colleagues to prioritize category initiatives, develop sourcing strategies, negotiate contracts, support spend migration from incumbent to preferred suppliers, and manage preferred supplier relationships.You'll support our mission of enabling customers to make the world healthier, cleaner and safer by ensuring reliable, cost-effective procurement of critical materials and services.

Scale of Responsibilities
  • Completes global category initiatives to deliver key category performance indicators, including: savings, supplier rationalization, low-cost region sourcing, risk management, spend under agreement, joint innovation, and supplier performance.
  • Participates in developing and refreshing existing 3 to 5-year global procurement category strategies aligned to the business needs of multiple business units and geographic regions.
  • Supports the development and execution of global sourcing strategies including identifying and contracting with preferred suppliers that meet key business needs and category management goals
  • Participates in the management of Lab Equipment Category NPI's, (New Product Introductions, including eRFI/eRFQ category specific requirements and new technology identification.
  • Perform other duties and tasks assigned.


Technical Responsibilities
  • Monitors market intelligence and key trends, assesses impact and refines category plans to support business requirements
  • Engages in thought leadership in developing and implementing category and supplier strategies.
  • Analyzes category requirements and business requirements as well as supplier performance data to find opportunities for assigned category strategies in developing and continually improving 3-5 strategies
  • Supports supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards, continuous improvement, innovation and category goals
  • Manage the impact of cost and risk when developing contracts
  • Drives negotiations with global agreements and global suppliers aligned with category strategy


Leadership Responsibilities
  • Collaborate with cross-functional colleagues (quality, technical, operations, finance, product management.) to ensure all category sourcing activities are aligned to common objectives and priorities
  • Influences stakeholders across procurement, product management, operations, and engineering to drive Lab Equipment value realization
  • Partners with Category Managers, Division Business Partners, and functional partners to gather business requirements for strategy development.


Education, Experience, Knowledge
  • HS diploma or equivalent plus 10 years of related experience OR Bachelor's degree plus 5 years of related experience
  • Experience in mid-to-large multinational companies, with strong category/business engagement experience preferred.
  • Professional certifications (CPSM, CSCP, CPM) preferred.
  • Business insight - knows how to assess market/business requirements dynamics and negotiate agreements that yield meaningful business value
  • Experience working in highly regulated industries preferred
  • Experience in a continuous improvement environment with a track record of achieving significant year over year results
  • Proficiency with ERP systems, spend analytics, and procurement tools
  • Proficiency with Microsoft Suite of Applications, Powerpoint, Word and Excel
  • Excellent communication and relationship building skills
  • Demonstrated consultative/collaborative style in performing sourcing activities
  • Influences without authority to motivate cross-functional teams
  • Hands-on manufacturing and/or supply chain experience is preferred
  • Experience in life sciences, medical device, or pharmaceutical industries is preferred
  • Ability to travel 0 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

Similar Jobs

More Jobs at Thermo Fisher Scientific

More Pharmaceuticals & Biotech Jobs

Find similar Procurement Specialist III - Lab Equipment jobs: