Hybrid Director, Agile Sourcing, Corporate Functions & Services

at Bristol Myers Squibb

• Job title: Director, Agile Sourcing, Corporate Functions & Services
• Job type: Full Time
• Experience level: Lead
• Salary: $188,450 - $228,351 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Princeton, United States

About the role

• Director leading Agile Sourcing for Corporate Functions & Services at Bristol Myers Squibb. Driving global category strategies and managing end-to-end contracting processes.

Responsibilities

• Accountable for developing and driving the sourcing strategies and contracting best practices to support CFS business spending, driving compliance to optimal buying channels.
• Lead team to use appropriate methods of procurement and perform cost benefit analysis, prepare and solicit competitive bids, quotations and proposals with pertinent specifications, terms and conditions.
• Evaluate and advise on competitive offerings to determine the overall best offer for a product or service while overseeing relationships with external partners to support sourcing facilitation and administration of contracts where appropriate.
• Ensure negotiated terms are translated into contractual terms, following BMS templates in line with internal policies.
• Driving opportunities for optimization in source to contract process through cross-functional collaboration.
• Provide management of organization for team spanning across internal resources and external providers.
• Ensure Procurement alignment with organizational goals; develop or utilize criteria for evaluating procurement department and staff performance, including evaluating and resolving department performance and procurement audit report issues.
• Oversee compliance programs and ensure compliance and risk responsibilities are appropriately staffed and training conducted.
• Accountable for projects and their full compliance with BMS policies and external regulations/laws, including FCPA, FDA, EMA, SOX, Sunshine Act, and others).
• Recruit, hire, onboard, train, and develop a fungible talent pool spanning across levels.
• Manage dynamic staffing changes (promotion, rotation) and knowledge transfer due to pipelining and development responsibilities.
• Manage service partners as well as full-time employees and service providers.
• Drive organizational strategy to deliver S2C goals.
• Direct all initiatives and strategic sourcing for Enabling Services, including all budgetary matters and management of resources.
• Drive continuous improvement across S2C and adoption of change.

Requirements

• Minimum education of a bachelor's degree in the sciences, arts or equivalent area of study is required.
• Minimum of ten (10) years of relevant experience in which at least five (5) years is multi-disciplined procurement experience, with a minimum of two (2) years of experience managing a direct team is required.
• Relevant Procurement & Subject Matter experience primarily across categories in the Indirect Services space such as professional services, IT etc.
• Expertise in procurement process knowledge, agreement management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization and strategic planning.
• Expertise in contract construction, terms and conditions, with strong preference for working knowledge of facilitating, drafting and negotiating buy-side and other in-scope contracts in the pharma/biotech industry.
• Experience leading, collaborating with and participating in cross-functional and global teams and demonstrated ability to work and influence within a matrix structure.
• Managerial experience including managing global teams of senior professionals and managers.
• Establishing performance expectations, with demonstrated competencies and experience to promote the professional development of others.
• Demonstrates a high level of adaptability in dealing with ambiguous and complex work environment and balances multiples demands on role in a responsive and professional manner and proven ability to engage teams and inspire them to sustain high levels of performance in a constantly changing environment.

Benefits

• Health Coverage: Medical, pharmacy, dental, and vision care.
• Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
• Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
• Work-life benefits include: Paid Time Off US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees) Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays Based on eligibility*, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day. All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.