Deputy Manager Sourcing

Work Schedule

Environmental Conditions

Job Description

About the company

Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science with annual revenue exceeding $42 billion. Our Mission is to enable our customers to make the world healthier cleaner and safer. Whether our customers are accelerating life sciences research solving complex analytical challenges improving patient diagnostics and therapies or improving productivity in their laboratories we are here to support them. Our distributed team of more than 120000 colleagues delivers an unrivaled combination of innovative technologies purchasing convenience and pharmaceutical services through our industry-leading brands including Thermo Scientific Applied Biosystems Invitrogen Fisher Scientific Unity Lab Services and Patheon. For more information please visit .

Introduction to the Division / Function

Located in Chakan Pune the CAD division of our factory is premier for its expertise in delivering highly customised solutions tailored to meet diverse customer needs. This unit boasts unique skills and in-depth know-how enabling it to implement projects seamlessly from engineering the solution to installation and commissioning at the customers premises.

Our operations team comprising Project Management Engineering Supply Chain Production and Quality departments collaborate effectively to deliver an impressive annual revenue exceeding $18 million USD. We proudly serve a wide range of industries including Oil & Gas Steel Cement Power Fertilizer and Academia. Recognizing India as a strategic hub for our manufacturing operations Thermo Fisher is committed to further scale up manufacturing footprint and developing the existing facility to undertake manufacturing of complex and high-end products for India and global markets resulting into annual revenue touching $70Mn by 2030. In line with our growth strategy we are seeking to go onboard an experienced and dynamic professional to assume the role of Deputy Manager Sourcing

At Thermo Fisher Scientific Chakan plant we are driven by our mission to enable our customers to make the world healthier cleaner and safer. Our core values include Integrity Intensity Innovation and Involvement. We believe in doing the right thing working with passion and purpose constantly seeking new ways to improve and engaging with our colleagues customers and communities. These values guide us in everything we do and help us achieve our goals.

Role Description

The incumbent will lead all aspects of purchasing and logistics operations encouraging positive relationships with business partners manufacturing and suppliers to efficiently align supply chain strategies and deliver business goals. Role demands strong skills like planning scheduling cost control and quality conscious with an emphasis on driving cost efficiency and evaluating supplier performance. The candidate must understand business strategic sourcing capability and leadership to deliver operational excellence while meeting or exceeding customer expectations.

Responsibilities

Purchase and Procurement:

• Lead the end-to-end Procure-to-Pay process for direct and indirect materials and services and reduce cycle time improve accuracy rate of purchase orders and compliance rate with procurement policies.
• Develop and implement strategic sourcing initiatives to optimize supplier performance cost and delivery timelines. Elevate cost efficiency supplier performance evaluations and punctuality metrics.
• Lead supplier evaluation finalize contracts to achieve the best value and risk mitigation through Number of contracts finalized risk assessment scores and contract compliance rate.
• Engage with cross-functional teams (Operations Finance Quality and Planning) to coordinate procurement activities in line with company targets. Cross-functional partnership to drive business through joint initiatives.
• Drive supplier development and relationship management ensuring continuous improvement and innovation. Supplier development index innovation contribution from suppliers and continuous improvement initiatives count.
• Conduct scheduled supplier evaluations to ensure Thermo Fishers business practices safety and quality benchmarks are aligned and implemented. Frequency of supplier evaluations compliance rate with safety and quality benchmarks and corrective action implementation rate.
• Watchful of price trends forecast cost impacts and recommend proactive measures to remain cost neutral. Accuracy of cost impact forecasts number of proactive measures implemented and cost index.
• Coordinate with intercompany factories and logistics partners to ensure timely deliveries and availability of documents. On-time delivery rate coordination effectiveness score and document availability rate.
• Review open purchase orders assess critical deliveries and guarantee timely material availability to prevent procurement bottlenecks. Open purchase order aging weekly critical delivery rate and on-time material availability rate.
• Attain yearly sourcing cost efficiencies by implementing value engineering exploring alternative sourcing avenues and finalizing contracts. Sourcing savings CI projects and alternate sourcing initiatives count.

Planning & Inventory Management:

• Develop and maintain inventory control systems to optimize stock levels and optimize working capital by implementing data-driven inventory planning tools to enhance stock management accuracy.
• Work closely with Operations and Demand Planning teams to ensure accurate forecasting and timely material accessibility.
• Lead initiatives to reduce inventory holding costs and improve inventory turnover rates.
• Identify bottlenecks and resolve supply chain constraints ensuring demand forecast is delivered.
• Ensure strict adherence to Thermo Fishers ISO and EHS compliance standards in all procurement and inventory activities.

Analytics and Metrics:

• Develop and lead crucial metrics such as supplier Timely Delivery (TD) Line of Total Cost (LOTC) lead time reduction and cost savings.
• Prepare and present comprehensive monthly and quarterly procurement performance reports identifying risk areas and recommending improvement actions.
• Conduct detailed cost variance analysis and implement corrective measures to ensure budgetary compliance.
• Provide data-driven insights for Sales & Operations Planning (S&OP) to enhance forecast accuracy and operational efficiency.

• Support internal audits and ensure that process documentation adheres to global procurement standards.

Qualification & Experience

• Bachelors degree in engineering Supply Chain or Business; MBA/PGDM in SCM or Operations preferred.
• 810 years in strategic procurement sourcing and supply chain management within a manufacturing or engineering environment.
• Experience in leading supplier negotiations cost management and contract lifecycle management.
• Exposure to global sourcing and vendor development preferred.

Skills Knowledge and Experience

• Proficiency of SAP MM Module ERP WMS and MS Office tools.
• Proficient in material planning inventory management and data analytics for decision-making.
• Proficiency in developing suppliers and drive process improvement initiatives.
• Strong analytical and problem-solving abilities with attention to detail.
• Excellent communication customer management and leadership skills.
• New way with a focus on cost efficiency sustainability and operational excellence.
• Ability to work in demanding environment

At Thermo Fisher Scientific each one of our 50000 extraordinary minds has a unique story to tell. Join us and contribute to our singular missionenabling our customers to make the world healthier cleaner and safer. Apply today

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.