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Sourcing Associate

Company: Bristol Myers Squibb
Location: Princeton
Posted on: November 22, 2021

Job Description:

At Bristol Myers Squibb, we are inspired by a single vision - transforming patients' lives through science. In oncology, hematology, immunology and cardiovascular disease - and one of the most diverse and promising pipelines in the industry - each of our passionate colleagues contribute to innovations that drive meaningful change. We bring a human touch to every treatment we pioneer. Join us and make a difference. Description: The Sourcing Analyst is part of a cross-functional sourcing execution responsible for supporting across functional areas on the development and execution of category strategies through sourcing outcomes. This individual is expected to build deep sourcing subject matter sourcing expertise and cross-functional / industry insights through various project rotations. It is key for this individual to be able to collaborate with various teams in a highly complex / fast-paced environment. Major Responsibilities and Accountabilities: * End-to-End project management of the sourcing process * Support book of work review meetings to gather potential projects * Launch kick-off meetings to establish a sourcing event and conduct the event through to contracting and hand-off * Support development of strategic category plans * Provide internal and market analytics in support of strategic category plans * Support and/or lead execution of procurement plans; role dependent on category/project complexity. * Assist/lead identification & screening/selection of potential sources * Assist/lead in determining appropriate method and employing leading practices * Ensure excellence in delivery of procurement initiatives that maximize corporate, business, and functional priorities and objectives * Lead preparation of competitive go-to-market events (solicitation of bids, quotations and proposals) with pertinent specifications, terms and conditions * Prepare for and/or lead supplier negotiations depending on category complexity * Evaluate offerings and recommend best offer for a product or service * As part of implementation, review product availability and/or pricing information with suppliers * Support design/development of procurement compliance programs that align to organizational objectives and business strategies * Maintain agreement files as required * Understand how to access and influence specifications as required for category * Prepare periodic category performance reports for assigned categories * Support budget management processes as required for categories * Support risk management as required Internal/External Stakeholders: * Business Partners * GP and SE Leadership * Supplier executive management * Senior members of industry; technology councils and organizations Qualifications: Minimum Requirements: * B.S./B.A. (Business, Science or Engineering is desirable) * Minimum of 1-2 years' work experience Expertise in procurement processes, technology and systems (such as Ariba), supplier analysis and management, financial analysis, market analysis, supplier diversity, strategic planning and integrated supply chain. * Strong written and verbal communication skills * Strong analytical and MS Excel skills * Proficiency in Microsoft Word, Power Point * Proven ability to manage multiple projects/tasks effectively * Demonstrated ability to work in a fast-paced, dynamic, ambiguous environment Preferred Qualifications: * 1-2 years sourcing, contracting or relevant experience. (Preferred category experience includes: Clinical Research Services, Biologics Manufacturing, Active Pharmaceutical Ingredients ('API'), Information Technology ('IT') or other science-based industries) * M.S./M.B.A. * Relevant industry certification is preferred, e.g. Certified Purchasing Manager (CPM), Certified Professional in Supply Management (CPSM), Certified Supply Chain Professional (CSCP), Certified in Production and Inventory Management (CPIM) Around the world, we are passionate about making an impact on the lives of patients with serious diseases. Empowered to apply our individual talents and diverse perspectives in an inclusive culture, our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues. 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 with the resources to pursue their goals, both at work and in their personal lives. Physical presence at the BMS worksite or physical presence in the field is an essential job function of this role which the Company deems critical to collaboration, innovation, productivity, employee well-being and engagement, and enhances the Company culture. To protect the safety of our workforce, customers, patients and communities, the policy of the Company requires all employees and workers in the U.S. and Puerto Rico to be fully vaccinated against COVID-19, unless they have received an exception based on an approved request for a medical or religious reasonable accommodation. Therefore, all BMS applicants seeking a role located in the U.S. and Puerto Rico must confirm that they have already received or are willing to receive the full COVID-19 vaccination by their start date as a qualification of the role and condition of employment. This requirement is subject to state and local law restrictions and may not be applicable to employees working in certain jurisdictions such as Montana. This requirement is also subject to discussions with collective bargaining representatives in the U.S. Our company is committed to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace adjustments and ongoing support in their roles. Applicants can request an approval of accommodation prior to accepting a job offer. If you require reasonable accommodation in completing this application or if you are applying to a role based in the U.S. or Puerto Rico and you believe that you are unable to receive a COVID-19 vaccine due to a medical condition or sincerely held religious belief, during or any part of the recruitment process, please direct your inquiries to Visit to access our complete Equal Employment Opportunity statement. Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

Keywords: Bristol Myers Squibb, Trenton , Sourcing Associate, Other , Princeton, New Jersey

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