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Executive Director Strategic Sourcing amp Procurement Strategic Capabilities - Princeton, United States - CLevelCrossing
Description
Executive Director Strategic Sourcing amp Procurement Strategic CapabilitiesLocation
Princeton, NJ, United States
Posted on
Mar 12, 2020
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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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