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Director, Strategic Initiatives - Cost/Value Engineering

AT Thermo Fisher Scientific
Thermo Fisher Scientific

Director, Strategic Initiatives - Cost/Value Engineering

Budapest, Hungary

Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

About Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc. stands at the forefront of the scientific industry, surpassing $30 billion in annual revenue. Our primary objective is to empower our customers to contribute to a healthier, cleaner, and safer global environment. Whether our customers are propelling life sciences research, solving intricate analytical dilemmas, enhancing patient diagnostics and therapies, or optimizing productivity in their laboratories, we are committed to offering unwavering support. Our expansive team of over 125,000 colleagues provides an unparalleled combination of groundbreaking technologies, streamlined purchasing options, and pharmaceutical services through our industry-leading brands, such as Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, and Patheon. Embrace the opportunity to join us on our quest to make a meaningful difference in the world.

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Director, Strategic Initiatives - Cost Engineering

Thermo Fisher Scientific Inc. is seeking a highly motivated and experienced Director of Strategic Initiatives in the Value Assurance group. In this role, you will have the unique opportunity to lead critical initiatives and transformations aimed at driving significant and multi-year cost reduction mandates, product cost-out and value engineering programs, product transfers, network changes, and end-to-end operations transformation across the company. This is a pivotal leadership role that requires a thoughtful, experienced, and proactive leader who can collaborate effectively with various divisions and functional groups.

Key Responsibilities:

  • Lead the framing, identification, prioritization, resourcing, and execution of large-scale programs focused on cost-out, value engineering, product transfers & network changes, quality improvement, supplier sourcing, or delivery initiatives across multiple divisions.
  • Drive cross-functional teams to achieve project goals, fostering a culture of collaboration and continuous improvement.
  • Build and maintain a project dashboard on key performance indicators, providing regular updates to senior leadership on project status, risks, and expected outcomes.
  • Champion the adoption of standard methodologies in cost reduction and operational efficiency, sharing knowledge and methodologies across the organization.
  • Collaborate with the Value Assurance group and its organization partners to establish and refine project selection criteria for annual objective planning.
  • Lead steering committee meetings to review project progress, address challenges, and ensure strategic alignment.

Qualifications:

  • Prior experience in operations strategy, value engineering, or a related field, with a consistent track record in leading cost-out and efficiency improvement initiatives. A minimum of 10 years experience.
  • Bachelor's degree in Engineering, or a related field; equivalent experience will also be considered. Master's degree or MBA is preferred.
  • Ability to lead cross-functional teams effectively in a matrixed structure.
  • Consistent record of translating strategic visions into actionable execution plans.
  • Strong problem-solving skills, with the ability to translate complex concepts into actionable plans.
  • Exceptional leadership and team management abilities.
  • Excellent communication and partner engagement skills.
  • Experience in strategic program management.
  • Deep understanding of manufacturing, supply chain, and procurement processes.

Join Thermo Fisher Scientific and be part of a world-class team that is dedicated to making a difference in the world. We offer competitive remuneration, annual incentive plan bonus, healthcare, and a range of employee benefits. Experience an exciting company culture that stands for integrity, intensity, involvement, and innovation.

Apply today! http://jobs.thermofisher.com

Client-provided location(s): Budapest, Hungary
Job ID: ThermoFisher-R-01264101_1001-2
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Mental Health Benefits
    • Fitness Subsidies
  • Parental Benefits

    • Adoption Leave
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
    • Remote Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • On-Site Cafeteria
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
    • Performance Bonus
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Internship Program
    • Mentor Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program