Sourcing Specialist III

Work Schedule

Environmental Conditions

Job Description

About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science with revenues of $24 billion and 75000 employees in 50 countries. Our mission is to enable our customers to make the world healthier cleaner and safer. We help our customers accelerate life sciences research solve complex analytical challenges improve patient diagnostics and increase laboratory productivity. Our four premier brands Life Technologies Thermo Scientific Fisher Scientific and Unity Lab Services offer an unmatched combination of innovative technologies purchasing convenience and comprehensive support. For more information please visit .

Job Summary
This role is crucial in developing and implementing sourcing strategies for Direct Sourcing Tail Spend. The responsibilities include executing spot buys direct negotiations and managing project-related activities across multiple categories.

Key Responsibilities:

• Lead strategic and tactical sourcing activities for the Direct Sourcing Tail Spend.
• Gather and analyze data using procurement spend analytics tools.
• Develop negotiation strategies and secure deals with optimal terms for assigned categories.
• Negotiate improved commercial conditions for the tail spend portfolio.
• Conduct cost and scenario analysis and benchmarking to develop sourcing strategies.
• Use market intelligence tools to research and identify potential market trends for raw materials
• Manage multiple negotiation processes concurrently ensuring timely and effective outcomes.
• Track and report key functional metrics to enhance effectiveness and control for the Direct Sourcing Tail Spend.
• Leverage AI tools to enhance the efficiency and effectiveness of direct negotiations with suppliers.

Experience & Qualification

• Over 5 years of procurement negotiation experience preferably in direct categories.
• Proven experience as a buyer senior buyer purchasing specialist agent or officer.
• Bachelors degree in engineering supply chain management operations or business administration required.
• High proficiency in English both verbal and written.

Competencies:
Functional & technical skills

• Sourcing expert with extensive experience in sourcing processes supplier management and contract negotiations.
• Proficient in sourcing tools (e-sourcing spend analytics ERP and supplier management software).
• Demonstrated experience in negotiating agreements with suppliers to secure better commercial terms.
• Desired: Broad experience across various Direct Sourcing Categories.
• In-depth understanding of procurement processes and best practices including the use of AI tools.

Leadership & Behavioral

• Demonstrates the ability to quickly adapt to changing circumstances and environments. embracing new challenges and adjusting strategies to meet evolving business needs.
• Desire to grow as a sourcing specialist and develop category expertise across Direct Sourcing Portfolios (e.g. Electrical Mechanical Packaging Lab Supplies or Chemicals).
• Thrive in an entrepreneurial environment; a self-starter who seeks to improve existing processes.
• Strong customer service orientation committed to meeting internal customer needs.
• Independent worker with the ability to track and manage personal deadlines.
• Ability to gather identify and analyze data to make sourcing decisions.
• Analytical thinker who uses data and insights to make decisions; capable of preparing analyses to develop sourcing strategies and scenarios and identify savings opportunities.
• Foster strong relationships with management and other key stakeholders maintaining open lines of communication and facilitating collaborative decision-making.