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Functional Strategy Lead, Princeton, New Jersey

Created10/05/2020
ReferenceR1519930
CategorySupply Chain and Logistics
Job typeFull-Time
CountryUnited States
StateNew Jersey
CityPrinceton
Zip08540
SalaryCompetitive

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.

Description:

This role focuses on driving the functional strategy and capability excellence portfolio for a specific functional area of the GP organization. This role will also act as the Subject Matter Expert (SME) for core procurement processes and serve as an advisor to all Business and Category Leaders involved in Category Management, Strategic Sourcing, and Supplier Management efforts. This individual is accountable for coaching team leaders in the day-to-day activities needed to successful execute processes in a consistent, efficient, and effective manner. Additionally, this role acts as the "chief-of-staff" to the head of a functional group.

Major Responsibilities and Accountabilities:
  • Lead and/or support major strategic programs within a multi-year plan including end-2-end process optimization, make/buy analysis and recommendations within a large group of spend categories and/or within a major business area
  • Manage the capability excellence portfolio for the sub-functional area, in order to ensure appropriate prioritization and value opportunities are realized
  • Ensure highest standards of excellence across key capabilities
    • Conduct Reviews of Supply Plans, Category Strategies & Roadmaps as well as plans for Contract to Pay enablement
    • Provide a value chain perspective across the entire functional portfolio
    • Oversee the development of annual strategic category management plans which specify how savings goals will be achieved, and finally ensure clear alignment between team actions and business unit objectives
    • Coach and/or facilitate resources within function to embed Business Partnering, Strategic Category Management, Business Partnering & SRM processes
  • Oversee Flexible Supplier Relationship Management Team by fostering collaborative relationships with highly strategic suppliers that span across multiple categories within function and International Markets
  • Manage Functional Risk Management Capability specific to suppliers, working in close coordination with Third Party Risk Management Center of Excellence
  • Provide strategic oversight of specialized Market Intelligence program to enable category deep supply / category analysis and insights
  • Remain current with market trends through relationships with Sourcing Managers, suppliers and market experts, and ensure BMS has a process to gain access / familiarity with emerging supplier capabilities
  • Chief of Staff responsibilities to head of functional group
  • Work closely with key stakeholders in business units and in corporate functions to coordinate cross-functional strategies and implementation plans
  • Develop, champion, and ensure implementation of ideas that will optimize BMS total cost of ownership for spend categories, and support an emerging future pipeline of Continuous Improvement deliverables


Internal/External Stakeholders:
  • Head of Functional Group
  • Global Procurement teams, namely Category Leads
  • Business Partners
  • SRM Execution Team
  • Operational Excellence Lead


Minimum Requirements:
  • B.S./B.A.
  • Minimum of 10+ years of business experience
  • Minimum of 8-10 years of multi-disciplined procurement experience, or related category domain experience or relevant experience
  • Minimum of 3 years Pharmaceutical Procurement experience, or working directly with Pharmaceutical Procurement teams 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.
EmployerBristol-Myers Squibb

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