Thermo Fisher Scientific

Sr Procurement/Sourcing Specialist - Plastics

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

Qualifications

  • Bachelor's degree in Business, Supply Chain Management, or a related field
  • 5+ years procurement/sourcing experience
  • Strong negotiation skills with a focus on delivering business value
  • Experience in highly regulated industries
  • Track record of significant year-over-year results in continuous improvement
  • Consultative and collaborative approach to sourcing activities
  • CPSM or equivalent certification preferred

Responsibilities

  • Drive execution of complex Plastics category strategies across multiple sites
  • Collaborate with cross-functional teams to prioritize sourcing initiatives
  • Analyze cross-divisional spending to develop global sourcing plans
  • Achieve measurable reductions in total cost of ownership for sourced goods and services
  • Monitor market intelligence to refine category plans
  • Engage with procurement teams to qualify and migrate preferred suppliers
  • Facilitate supplier business reviews to ensure compliance with agreements

Benefits

  • Standard Monday to Friday work schedule
  • Opportunity for cross-functional collaboration
  • Engagement in continuous improvement programs
  • Potential for professional growth in regulated industries
  • Ability to influence sourcing strategies on a global scale
Full Job Description

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

The Sr. Procurement/Sourcing Specialist 6 Plastics, drives the execution of complex Plastics category strategies which may include Injection Molding, Blow Molding, and Rotational Molding. The role encompasses 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, develops sourcing strategies, negotiates contracts, supports spend migration from incumbent to preferred suppliers, and manages preferred supplier relationships

Scale of Responsibilities

 Acts as the key Plastics Category interface with relevant Thermo Fisher business divisions ensuring alignment of strategies and financial targets

 Accountable for the multi-year category strategy and plan objectives, timelines, and goals

 Analyzes cross-divisional spending and develops global strategic sourcing plans to reduce the total cost of ownership for all business units

 Demonstrates a measurable reduction in year over year total cost of ownership for the goods and services being sourced without compromising quality and service levels

 Uses financial planning, forecasting, P&L performance, inventory, cash flow, tariffs and inflation to inform strategy

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

 Analyze category supplier performance data to find opportunities for supplier performance improvement and to establish continuous improvement goals

 Actively participates in supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards

 Handles strategic contracts across suppliers, products and services within category

 Facilitates free-flow of spend intelligence and analysis to internal business leaders in order to enhance their decision making

 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

 Establishes category plans and priorities globally and ensures alignment with divisional business priorities

 Conduct Plastics Savings Kaizen and Ideation programs with cross-functional business teams

Education, Experience, Knowledge and Skills

 Bachelors degree in Business, Supply Chain Management, or related field.

 Minimum of 5 years procurement/sourcing experience

 Business insight 6 knows how to assess market/business requirements dynamics and negotiate agreements that yield meaningful business value

 Experience working in highly regulated industries

 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 in multiple geographies.

 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 10-20%

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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