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Job Details

Executive Director Strategic Sourcing amp Procurement Strategic Capabilities

Location
Princeton, NJ, United States

Posted on
Mar 12, 2020

Apply for this job






Profile

Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and deliver innovative medicines focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis.

Join us and make a difference. We hire the best people and provide them with a work environment that places a premium on diversity, integrity, collaboration and personal development. Through a culture of inclusion, we create a better, more productive work environment. We believe that the diverse experiences and perspectives of all our employees help to drive innovation and transformative business results.

This role is responsible for developing and overseeing the implementation of Procurement Organization’s Strategy and Operating Model. It oversees/governs the overall Strategic Category Management & Supplier Management capabilities as well as the overall Strategy and Business Performance Management (BPM) for Procurement organization. In steady state, it is responsible for overseeing and guiding Third Party Risk Management for the enterprise. This role will seek to establish “capability excellence” within the procurement organization and manage the end-to-end roadmap for the Procurement organization. It is important for this individual Partner closely and regularly interact with a wide array of senior stakeholders across the enterprise to establish, enable, continuously improve and govern the capabilities. It is necessary for this individual to provide deep subject matter in respective capabilities and understand operating model requirements and market nuances to effectively develop, implement and drive strategy, policies and processes that ultimately lead to a BMS competitive advantage. This individual is responsible for the development and implementation of the GP Strategic Plan and monitor/report Procurement Business Performance Management (BPM)

Major Responsibilities and Accountabilities:


Evolve Procurement strategy/operating model. Develop and implement GP strategic roadmap and monitor/report business performance

Create and drive strategic roadmap to develop key Procurement capabilities.

Strategy expertise:

Vision Creation / Functional Strategy

Workforce Strategy

Technology / Digital Strategy

Change Strategy





Process expertise:

Business Partnering

Category Strategy Development

Third Party Risk Management

Supplier Relationship Management

Strategic Sourcing

Contracting

Requisition to Pay

Analytics

Category Profiling / Market Intelligence Creation

Buying Channel Strategy

Program Management and Project Estimating

Budget Management

Business Performance Management (CPO Dashboard)

Talent Development





Technology expertise:

SAP

Oracle

Ariba

Niche procurement systems: Contracting, Sourcing, R2P, Spend Analytics, Data Visualization and many others

Artificial Intelligence

Machine Learning

Robotic Process Automation

















Lead Procurement Strategic Capabilities team with focus on driving capability excellence for Procurement function

Understand operating model requirements market nuances to effectively develop, implement and drive strategy, policies and processes

Determine long-term goals and annual objectives for capabilities

Establish clear playbooks with roles and responsibilities for global and regional resources to effectively execute strategic capabilities

Encourage and champion external research, benchmarking, and involvement in professional networks as a means of strengthening capabilities via the adoption of procurement profession best practices

Direct all initiatives and strategic decisions for SP&O Strategic Capabilities, including all budgetary matters and management of resources for this group













Partner closely and regularly interact with a wide array of stakeholder across the enterprise to establish, enable, continuously improve and govern the capabilities

Coach and/or facilitate resources to embed processes and tools in ways of working

Champion Procurement training programs to better support stakeholder needs













Oversee key capabilities, including Supplier Management, Category Management, and Third Party Risk Management (in steady state):

Define supplier management processes and methodologies and identify and deploy tools for Global Procurement resources to execute processes (e.g., develop segmentation criteria for suppliers and segmentation tool)

Define, govern, and implement control framework for actively managing risk

Partner with cross-organizational group to accurately profile risks within the organization and ensure connectivity with Procurement

Coach category leaders on best practices and peer review global strategies to ensure alignment with capability methodologies













Procurement Competency/Professional Development oversight and management. Develop and maintain competency model, identify individual and organizational gaps and develop/execute plans for mitigation. Develop overall Procurement team’s training calendar

Ensure excellence in delivery of procurement initiatives that maximize corporate, business, and functional priorities and objectives

Provide business expertise and strategic leadership through participation in the GP extended leadership meetings


Internal/External Stakeholders:


Business Partners

GPSLT

Supplier executive management

Senior members of industry; technology councils and organizations


Qualifications:

Minimum Requirements:


B.S./B.A.

Minimum of 12-15 years of business experience

Minimum of 10-12 years of multi-disciplined procurement experience or relevant experience

Minimum of 3 years Pharmaceutical Procurement experience or relevant experience

Experience leading and participating on cross-functional and/or global teams

Managerial experience including managing teams of senior professionals and managers and establishing performance expectations

Internal stakeholder management, data/information management, category management, process redesign and continuous improvement expertise, project management and performance measurement skills

Procurement process knowledge, contract management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization, strategic planning and integrated supply chain experience


Preferred Qualifications:


M.S./M.B.A.

Professional certifications (e.g. CPM, CPIM).

5 years Pharmaceutical Procurement experience

Membership in Professional Associations, e.g. ISM


Bristol-Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees the resources to pursue their goals, both at work and in their personal lives.

Bristol-Myers Squibb is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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