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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.