Careers at ThermoFisher Scientific

Purchase and Procurement:

• Responsible for entire Procure to Pay Process.
• Ensure streamlined delivery of products & services through a carefully selected list of suppliers.
• Coordinate with Intercompany factories/vendor for procurement and follow up for expediting shipments and timely shipment document availability
• Maintain strong business relationships with the vendors.
• Periodically review existing supplier agreements
• Reviewing open purchase orders
• Reviewing reports for stock outs and expediting open orders
• Monitoring price increases and communicating changes as necessary
• Develop closer collaboration with key suppliers to leverage the sharing of operational knowledge, inventory management and demand bundling to achieve valued added frame agreements and lower costs.
• Develop, implement and maintain standards, policies, processes and systems to ensure that the purchasing is carried out effectively to deliver to its clients industry leading operational cost control and supply reliability
• Monitor supplier performance and initiate actions to improve delivery & quality parameters
• Generate year on year sourcing savings through innovative ways and collaboration with design and production teams
• Reviewing line points/ order points for inventory stock levels
  • Documentation as per ISO requirement
  • Follow up for the material as per delivery schedule mentioned in purchase order
  • Other duties as assigned
  • No delays in production on account of procurement cycle
  • No delay in forwarding of bills, testing certificates to concern departments

• Planning & Inventory Management:

• Streamlining the system and procedures for effective inventory control, thereby ensuring ready availability of products to meet customer demand.
• Ensuring optimum inventory and effecting efficient inventory controls of all input materials through monitoring of stock and reorder levels without hampering the customer service levels.
• Responsible for incentive reduction, increase inventory turns and improved order-to-delivery results across Commercial and supply Organization.
• Responsible for managing the design, development and implementation of well-balanced, cost efficient inventory strategies for both purchases and distribution of products.
• Plan, direct, control and manage the supply chain to ensure that the order fulfilment rate is balanced with service, delivery and stock performance.
• Identify and resolve supply chain constraints that require the ability to work across cross-functional areas and facilitate quick decision making.
• Incumbent expected to coordinate planning efforts, ensuring alignment between commercial and manufacturing unit, and planning goals & objectives, while delivering high quality forecast.

• Analytics and Metrics:

• Provide KPI reporting on supply, inventory and supply chain costs to include customer service, plan vs. actual.
• Track and share vendor performance – LOTC, OTD, lead times, Vendor category
• Project cost analysis to understand variance in actual cost Vs projected cost of the project and initiate corrective actions to bring costs under control
• Provide data and guide the Sales & Operations Planning process.

• Skills and Abilities

• Hand on working knowledge of SAP MM Module
• Should have good knowledge and experience in material planning and inventory management
• Experience in vendor management to consistently improve performance and quality.
• Monitoring and controlling key metrics like
  • Inventory turn (cost of sales/average inventory in a given period)
  • Dead Stock Management / Slow moving
  • Forecasting /Demand planning
  • Incoming Quality
  • Lead time
  • Sourcing savings
  • LOTC etc
• Should have strong numerical ability.
• Innovative and ability to take challenges
• Good Analytical skills
• Leadership Qualities
• Excellent oral and written communication and coordination skills
• Familiar with ERP operating systems like SAP, WMS and MS Office.

• Minimum Qualifications:

• Bachelors degree in any discipline; Master in SCM/MBA will be added advantage.
• Minimum experience of 3 - 5 years in relevant positions meeting the required skills and abilities.
• Previous experience in procurement for manufacturing or project based sourcing and a proven track-record of Management in a similar role will be preferred