Procurement / Sourcing Specialist III at Thermo Fisher Scientific | NY, US | Rezi

Procurement / Sourcing Specialist III at Thermo Fisher Scientific

Procurement / Sourcing Specialist III

Thermo Fisher Scientific · NY, US

4 weeks ago

Procurement / Sourcing Specialist III

Thermo Fisher Scientific · NY, US

a month ago
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About the Role

The Procurement/Sourcing Specialist III manages direct material procurement, driving sourcing, supplier performance, cost productivity, and supply assurance initiatives in a fast-paced manufacturing environment. This role requires strategic sourcing, strong operational execution, and collaboration with a global supply base and cross-functional teams.

Responsibilities

  • Proactively identify and drive cost-saving, productivity, and supply assurance opportunities from ideation through implementation, delivering measurable year-over-year results.
  • Develop and execute sourcing and supplier strategies that improve cost, supply continuity, lead times, and supplier performance.
  • Apply strong negotiation and commercial skills to secure competitive pricing, terms, lead times, and overall value.
  • Proactively identify supply-chain risks and develop mitigation and contingency plans with suppliers and internal stakeholders.
  • Build strong relationships with a global supply base while holding suppliers accountable for delivery, quality, cost, and responsiveness.
  • Partner with Category Management, Material Planning, Finance, Engineering, Quality, R&D, Operations/Value Streams, and other functions to execute projects and achieve business objectives.
  • Drive continuous improvement by identifying better and more efficient procurement processes, sourcing approaches, and ways of working.
  • Understand manufacturing workflows, Bills of Materials (BOMs), technical drawings, and specifications and apply this knowledge to sourcing and procurement decisions.
  • Manage day-to-day direct material procurement, including demand analysis, purchase order placement, price updates, order confirmations, supplier follow-up, expedites, escalations, and invoice discrepancy resolution.
  • Use SAP to execute purchasing activities, maintain procurement data, manage purchase orders, and support material availability.
  • Work closely with Material Planning and suppliers to proactively resolve shortages, late deliveries, capacity constraints, and other supply issues.
  • Independently manage competing priorities with limited supervision and proactively escalate issues when appropriate.

Requirements

  • Bachelor's Degree plus 8+ years of procurement/supply chain experience within a manufacturing environment.
  • Experience managing direct materials, suppliers, and purchasing activities.
  • Experience with ERP systems; SAP experience strongly preferred.
  • Understanding of manufacturing operations, BOMs, technical specifications, inventory, and material planning.
  • Strong analytical and problem-solving skills with excellent attention to detail.
  • Ability to work independently and effectively manage multiple priorities in a fast-paced environment.
  • Strong communication and collaboration skills across functions, cultures, and geographical locations.
  • Proactive sense of urgency – anticipates issues, acts before they become critical, and drives problems through resolution.
  • Strong willingness to learn, succeed, grow, and take on new challenges and responsibilities.
  • Experience sourcing plastics, resins, injection-molded components, packaging, or other direct materials.
  • Strong negotiation experience involving pricing, commercial terms, lead times, and supplier agreements.
  • Experience leading cost-reduction, productivity, sourcing, or supply-assurance projects.
  • Familiarity with Power BI, data analysis, dashboards, and visualization.
  • Familiarity with AI-enabled procurement, automation, or process optimization.
  • Experience working with international suppliers and global teams.

Skills

  • Procurement
  • Supply Chain Management
  • Sourcing
  • Supplier Performance Management
  • Cost Productivity
  • Supply Assurance
  • Negotiation
  • Commercial Acumen
  • Risk Management
  • Relationship Building
  • Continuous Improvement
  • Manufacturing Workflows
  • Bill of Materials (BOM) Analysis
  • Technical Drawing Interpretation
  • Specification Analysis
  • Demand Analysis
  • Purchase Order Management
  • SAP
  • Problem-Solving
  • Analytical Skills
  • Attention to Detail
  • Communication Skills
  • Collaboration
  • Project Management
  • Power BI
  • Data Analysis
  • Dashboarding
  • Data Visualization
  • AI-enabled Procurement
  • Process Optimization

Location

  • Office

Work Type

  • Standard (Mon-Fri)

Experience Level

  • 8+ years of procurement/supply chain experience

Education Level

  • Bachelor's Degree

Salary/Compensations

  • $69,800.00–$93,000.00

Benefits

  • Comprehensive Total Rewards package
  • Choice of national medical and dental plans
  • National vision plan
  • Health incentive programs
  • Employee assistance and family support programs
  • Commuter benefits
  • Tuition reimbursement
  • 120 hours paid time off (PTO)
  • 10 paid holidays annually
  • Paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave)
  • Accident and life insurance
  • Short- and long-term disability
  • Competitive 401(k) U.S. retirement savings plan
  • Employees’ Stock Purchase Plan (ESPP)

About the Company

  • Thermo Fisher Scientific offers the scale, reach, and mission-driven work to make a meaningful impact.