Sourcing Specialist III
Thermo Fisher Scientific

Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

Responsibilities:

The Sourcing Specialist III will be responsible for sourcing and securing of materials for the Single Use Division. They will be required to identify risk and implement new sources of material to minimize financial and operational risk to the business.

Performs all functions needed to ensure the lowest total cost of purchased materials and services for a site. The purpose is to balance the objectives of maximum product availability with strategic inventory plans.

Participates in negotiations and commodity teams to implement proactive procurement philosophies, strategies, policies, and procedures for successful integration into multiple business plans across various corporate departments.

This person will be identifying, negotiating and implementing cost savings initiatives working with cross-functional teams. A history of strong project management and relationship building skills are essential to this position.

The Sourcing Specialist III will be preparing data and analyzing inventory trends, external and internal key performance metrics, and proposing process improvement and the generation or management of key reports, metrics, and projects. This is a service position and is adaptable to the needs of internal and external (suppliers) customers.

The Sourcing Specialist III must support the local procurement team in the following activities:

• Maintain continuous material availability and minimize inventory.
• Negotiate availability and cost of materials from external suppliers. Solicit quotations for materials and services, analyze bids for specification compliance, pricing, delivery commitments, and evaluate the sources to ensure they can sustain providing secure supply chain model
• Lead cost savings projects and work with cross-functional teams to drive cost savings to completion.
• Handle supplier relationships, monitoring supplier performance to ensure compliance with contractual obligations.
• Handle supplier relationships, looking for new innovative solutions and products to cement supply chain flexibility.
• Always support supplier risk mitigation activities working on highlighting risk to the organization and implementing long term and short-term strategies to avoid revenue risk to the company.
• Support New Product Introduction activities by sourcing raw materials that meet customer specification.
• Participate in purchasing performance metrics, reporting and improvement opportunities.
• Support continuous improvement and operational excellence processes.
• Complete special projects as assigned and provide manager support as required.
• This position may be required to perform other related duties as required and/or assigned.

• Minimum required Education: HS Diploma/ GED
• Bachelor's Degree in Related Field preferred
• 5 or more years of experience in procurement and supply chain.
• Prior experience in sourcing of new materials to mitigate supply chain risk required.
• Experience in planning, manufacturing, quality, or engineering subject areas desired.
• MRP knowledge and ERP experience in a manufacturing environment.
• Knowledge of procurement processes and strategic supplier management required.
• Ability to lead project execution of cost saving, sourcing and inventory management programs
• Proven negotiating experience and results required.
• ISO or equivalent system and change control (FDA, cGMP) experience required.
• Operational Environment knowledge desired.
• Computer proficiency required in Outlook, Excel, Powerpoint, and Word.
• First and foremost, this candidate must be familiar with working in a very fast paced dynamic environment and have the ability to flex with changing demands. They must possess the following attributes:
• Anticipate needs and problems while creating solutions.
• Demonstrates a sense of urgency, contagious optimism and a "can do" attitude.
• Is curious, inquisitive, innovative, never satisfied with the status quo and not afraid to challenge where required.
• Greets challenge and change as opportunity.
• Has courage and confidence to take risks and learn from mistakes.
• Is authentic, open and leads by example, holding self and others accountable
• Collaborates with others.
• Stretches across borders, breaks silos and builds effective partnerships with internal customers and colleagues.
• Working Conditions:
• Works in an office environment. Some travel required.