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Procurement/Sourcing Specialist III

AT Thermo Fisher Scientific
Thermo Fisher Scientific

Procurement/Sourcing Specialist III

Bangalore, India

Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

Summary

At Thermo Fisher Scientific, you'll play a crucial role in our team while having the chance to learn and grow. With our industry-leading investment in R&D and revenues exceeding $40 billion, we offer ample opportunities for personal development and making significant contributions globally.

A candidate with 10 to 12 years of experience in procurement, Category Management and sourcing of Chemicals, Biotech & MRO.

Raw materials, Packaging materials, consumables, Services, Maintenance Spares like electrical, mechanicals spares & IT.

Manufacturing background preferred.

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Responsibilities:

  • This role will be handling Direct & Indirect spend purchases.
  • Expertise in Category management & Source to Pay, liaison with legal for contract finalisation for direct for as well as Indirect spend.
  • Knowledge of market dynamics in sourcing/Category & supplier qualification processes & Supplier relationship.
  • Collaborating with internal team members, organizing quotes, negotiating, registering vendors, placing orders, following up on deliveries, managing supplier relationships, and ensuring timely material delivery. Also, providing support for resolving invoice issues related to goods receipt and payments.
  • Hands on experience on working with ERP tools- Oracle experience preferred.
  • Excellent negotiating and teamwork skills that helps in meeting the targets and deadlines.
  • knowledge in indirect/direct materials import/domestic purchases.
  • Sending inquiries to suitable vendors and acquiring techno-commercial offers.
  • Collection of bids/offers and coordinating with concerned technical department for technical evaluation of bids.
  • Arrangement of commercial evaluation of quotations who qualify the technical evaluation
  • Negotiation with the suppliers who meet technical and commercial evaluation criteria regarding Price, delivery Terms and Conditions, Payment Terms and acquire necessary approvals as per internal process.
  • Preparation of comparison sheet to the finalized suppliers
  • Preparation of purchase order against finalized supplier/contract.
  • Post Order activities such as follow ups with vendors, ensuring timely delivery of material and payment of vendors.
  • Co-ordination with various departments like Planning, Logistics & warehouse team for timely receipt.
  • Compliance to audit requirements (maintaining records).
  • Responsible for developing alternate sourcing.
  • Overall end to end support from Procurement.

This is an independent role who contributes to the success of the organization.

Requirement

  • Education : Graduation - BSc ( Che)/Biotech , MBA- preferred
  • Experience : Min 12 years to 15 years
  • Must have : Graduation, Manufacturing industry experience preferred
  • Preferred: BSc ( Che) /Bio-tech or equivalent experience.
  • Travel : NA

Client-provided location(s): Bengaluru, Karnataka, India
Job ID: ThermoFisher-R-01290360
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