Thermo Fisher Scientific

Sourcing Specialist

Thermo Fisher Scientific$76K — $114K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or related field
  • 10 years of relevant procurement/sourcing experience preferred in a project-based or manufacturing environment
  • Preferred certifications include CSCP or SCMP
  • Strong analytical capabilities for interpreting spend data and market trends
  • Advanced Excel proficiency for data analysis and reporting

Responsibilities

  • Develop and implement strategic sourcing plans for assigned categories
  • Conduct market research and supplier analysis to evaluate vendor capabilities
  • Lead sourcing activities for New Product Introduction (NPI)
  • Negotiate contracts, pricing, and terms for optimal value
  • Manage costs and analyze spend data to uncover cost reduction opportunities
  • Oversee supplier onboarding and drive supplier development initiatives
  • Monitor supplier performance against KPIs and ensure compliance

Benefits

  • Hybrid work arrangement with up to 1 day per week remote working
  • Supportive environment within an ISO 9001 certified organization
  • Opportunity to contribute to major global projects in pharmaceutical and biotechnology sectors
  • Access to continuous improvement initiatives and advancement opportunities
Full Job Description
Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

Sourcing Specialist



Onsite Role in Burlington

This role is based at our Burlington, Ontario facility, supporting our Lab Automation group, an ISO 9001 certified organization. We offer a hybrid working arrangement with up to 1 day per week remote working. At this location we design, manufacture, and install robotic solutions globally to help our major customers in the pharmaceutical and biotechnology fields accelerate their drug discovery and synthetic biology research. To learn more about Laboratory Automation please visit our website https://www.thermofisher.com/ca/en/home/life-science/lab-equipment/lab-automation.html

How you will make an impact:

The Senior Sourcing Specialist leads the supplier management process to achieve the company objectives. Collaborates with a cross-functional team of project management, technical, quality, finance and other key colleagues to prioritize sourcing initiatives, develops sourcing strategies, negotiates contracts, supports spend migration from incumbent to preferred suppliers, and manages preferred supplier relationships.

What you will contribute:

Sourcing and Procurement
  • Develop and implement strategic sourcing plans for assigned categories to optimize cost, quality, and supply continuity.
  • Conduct market research and supplier analysis to identify qualified vendors and evaluate capabilities, capacity, and risk.
  • Lead sourcing activities for New Product Introduction (NPI), including identifying and qualifying suppliers, supporting design-to-cost initiatives, and ensuring timely material readiness for product launches.
  • Negotiate contracts, pricing, and terms to secure optimal value while protecting company interests.
  • Manage cost drivers such as inflation, sourcing savings, and purchased price variance (PPV); analyze spend data and market trends to identify cost reduction opportunities.
  • Oversee supplier onboarding and drive supplier development initiatives to enhance performance and scalability.
  • Monitor supplier performance against KPIs, ensuring compliance with contractual obligations, quality standards, and delivery expectations.
  • Collaborate with cross-functional teams (engineering, operations, project management) to align sourcing strategies with business and project requirements.
  • Build and maintain strong supplier relationships, proactively resolving issues to minimize supply disruptions.
  • Develop and implement risk mitigation strategies to strengthen supply chain resilience.
  • Ensure compliance with company policies, ethical standards, and regulatory requirements.
  • Prepare and present reports on sourcing activities, cost savings, supplier performance, and key procurement metrics.
  • Provide material delivery status updates to Project Managers and coordinate work order releases to support production schedules.
  • Manage and maintain supplier agreements, including Non-Disclosure Agreements (NDAs), ensuring accuracy and compliance.


Continuous Improvement

Our business is rapidly growing so it is vital that we continuously improve and advance the materials management processes and systems to achieve the best possible quality, reliability, prices, continuity, and delivery.

How will you get here?

Education & Experience:
  • Bachelor's degree in Business Administration or related field
  • 10 years' relevant procurement/sourcing experience preferred in a project based or manufacturing environment
  • CSCP or SCMP designation is preferred


Knowledge & Skills:
  • Highly self-sufficient with the ability to manage sourcing activities independently, prioritize effectively, and drive results.
  • Strong analytical skills with experience interpreting spend data, market trends, and cost drivers to inform strategic decisions.
  • Solid understanding of procurement strategies, supply chain operations, and inventory management principles.
  • Advanced proficiency in Excel for data analysis, reporting, and modeling (e.g., pivot tables, lookups, data visualization).
  • Experience working with ERP systems (SAP preferred) to manage purchasing and supplier data.
  • Effective communication and negotiation skills, with the ability to influence stakeholders and suppliers.
  • Strong organizational and time-management skills, with the ability to manage multiple priorities in a fast-paced environment.


Compensation
The estimated annualized pay range for this position in Ontario is $76,400.00-$114,575.00.

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 Business Services Jobs

Find similar Sourcing Specialist jobs: