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Thermo Fisher Scientific

Manager, Procurement/Sourcing - Supplier Risk

Thermo Fisher Scientific, Houston, Texas, United States, 77246


Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

Job Code: OPS.PROC.P07

When you’re part of the team, you’ll do meaningful work, that makes a positive impact on a global scale! Join 130,000 colleagues who bring our Mission to life every single day. You’ll find the resources here to achieve your career goals and help take science a step beyond by developing solutions for some of the world’s toughest challenges. This includes protecting the environment, making sure our food is safe, and helping find cures for cancer.

How will you make an impact?

This role is responsible for identifying, assessing, and reporting, initiatives to reduce risks within our supply base across categories, which include direct material categories, external manufacturing, and indirect categories. Track potential risks to supply, develop risk alerts based on the severity of risks, and prioritize to mitigate risks. When needed set up and lead crisis team if a significant risk arises. In collaboration with teams across the organization, works towards driving the mitigating actions. Own and continually update the Crisis Command Playbook.

Operates as a supplier risk SME within the procurement team and across a global network of groups, divisions, categories and sites. Own the roadmap of the Supplier Risk program, assess standards outlined in our program, policies, processes, and workflows, as well as technology effectiveness. Review for trends in supplier risk and continually optimize the approach to risk management.

What will you do?

Scale of Responsibilities

Responsible for supporting the Global Procurement Supplier-Risk Program.Own and lead supplier risk databases, and drive adoption of digital tools to sustain supplier risk sensing ability. Work with the external partners of the tools to continually improve tool capabilities.

Conduct supply risk assessments for suppliers across comprehensive risk indicators including strategic, financial, geopolitical, capacity, supply and logistics, cybersecurity, and compliance etc.

Develop, coordinate, and lead in-depth supplier risk assessments including evaluating results, reporting findings, and leading corrective or management action plans. Work with cross-functional collaborators to develop predictive risk management practices and deploy for procurement scope.

Conduct source risk assessment and mitigation plan at product levels continually improving the coverage of the risk program across the product portfolio of the organization. Support developing and implementing risk mitigation plans for short-term, medium, and long-term

Collaborate with teams to embed risk management solutions into sourcing strategies, supplier relationship management and contracting activities.

Identifies key risks and the impact of those risks on the organization and leads scenario planning to define effective risk mitigation strategies. Performs analysis to assess risk implications and work with collaborators to implement potential mitigation options.

Implements effective communication plans and delivers critical leadership updates.

Responsible for leading, keeping up with industry standard methodologies, and leading programs or projects to successful delivery, including establishing the overall direction, coordination, execution, implementation, and reporting. Track industry trends and developments participate in panel discussions, share insights and leading practices. Develop and deliver training.

Conscious of timelines, and quickly adapt to shifting priorities and demands.

Leadership Responsibilities

Able to build productive working relationships across global teams; internal cross-functional, geographically distributed teams and external suppliers.

Lead discussions with varying levels of leadership and ability to collaborate influence, empower and align people across a broad variety of job functions.

Progressive yet practical approach to supplier risk management, focused on unlocking value and improving the program, and continually evolving the roadmap.

Proficient in providing insights as the lead of the program

How will you get here?

Bachelors and/or Master’s degree in Business, Supply Chain, Finance, Engineering, or Science. MBA desirable.

Certification in Project Management is desirable, experience preferred.

Seven plus years global programs and project initiatives in the procurement function

Two plus years experience with internal & third-party risk programs

Life Sciences, BioTech, or Pharma industry preferred

Experience in Procurement, Supply Chain, Sourcing, Category Management preferred

Knowledge, Skills, Abilities

Experience leading projects/programs associated with supplier risk.

Ability to make recommendations, strategy development and deliver assigned projects

Ability to work independently, within a team, and across matrix project teams of peers and other partners across multiple sites and platforms in a virtual office environment

Outstanding analytical, critical thinking, and problem-solving skills

Ability to efficiently organize forums and coordinate communication with team members

Excellent skills for structuring ideas in a clear and concise manner

Strong ability to articulate and present to Senior Leadership

Project management, data analytics and reporting expertise. (Gantt charts, dashboards, key results, and baseline development)

Strong proficiency in MS-Office tools (specifically, MS Project, Excel, PowerPoint)

Multi-tasking skills and planning for prioritizing personal workload

Able to lead change effectively and frequently

Ability to travel between 10-30% on an annual basis

Benefits

We offer remuneration, annual incentive plan bonus scheme, healthcare, company pension, and a range of employee benefits. The organization offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer a company culture that stands for integrity, intensity, involvement, and innovation.”

EEO/Reasonable Accommodation

We will ensure that individuals with disabilities are provided a reasonable accommodation to participate in the application or interview process, to perform key job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.