Director, Strategic Initiatives
Posted on Apr 5, 2021 by Bristol-Myers Squibb
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.
The Director, Strategic Initiatives is a member of the Strategy & Process Procurement Strategic capability team (ie, Tiger Team). This role serves as a strategic partner (or liaison') to the procurement senior leadership team and is responsible for driving high impact/strategic procurement initiatives within GPS. As a liaison', the Tiger Team member is expected to provide a value chain perspective across the entire GPS functional portfolio and coach (eg, peer review) leaders on key procurement processes/capabilities (eg, Supply Plans, Category Strategies & Roadmaps, Contract to Pay enablement). Additionally, each Tiger Team member acts as a portfolio manager for a given function, in order to ensure appropriate prioritization and value opportunities are realized. This role is intended to bring a high degree of flexibility to our resource model from a strategic capacity perspective leading strategic initiative, enhancing strategic capabilities, and identifying cross-category opportunities for value delivery.
Major Responsibilities and Accountabilities:
Lead and/or support major functional or enterprise-wide strategic programs within a multi-year plan including end-2-end process, make/buy analysis and recommendations
Responsible for supporting value creation and delivery, end-to-end across the value chain, and business strategy development while engaging as a strategic business partner.
Leading procurement and supply management activities for multiple areas of spend within Category Leader Team with the goal of driving substantial value realization efforts in all forms - revenue generation, cost reductions and productivity improvements while maintaining or improving product quality and supplier service levels.
Works closely with key stakeholders in business units and in corporate functions to develop effective cost reduction strategies and implementation plans.
Serve as a strategic partner (or liaison') to the procurement leadership team
Ensure connectivity between center lead (Strategy & Process function) initiatives and BP&S functional strategies
Act as Business Performance Monitoring Lead for key deliverables in Functional area
Act as a portfolio manager for a given function, in order to ensure appropriate prioritization and value opportunities are realized
Drive high impact/strategic procurement initiatives with the goal of driving substantial value realization efforts in all forms - revenue generation, cost reductions and productivity improvements while maintaining or improving product quality and supplier service levels
Lead highly complex strategic sourcing efforts in specific category areas as necessary/appropriate
Champion ideas that will drive innovation, optimize BMS total cost of ownership for spend categories, and support an emerging future pipeline of Continuous Improvement deliverables
Primary responsibility is to champion and secure total cost of ownership (TCO) value realization for all designated Category Teams and spend categories, drive innovation in the supply chain, lead and/or support major strategic programs including end-2-end process and leading insource/outsource recommendations and to institutionalize these processes across BMS.
Coach and oversee development of key capabilities (eg, Business Partnering, Strategic Category Management, Source-to-Pay & SRM processes) for a given function to ensure consistency and quality
Provide a value chain perspective across the entire functional portfolio
Oversee the development and execution of category strategies to drive innovation into the category and supplier management processes
Ensure collaboration between key stakeholders in business units and in corporate functions to develop effective cost reduction strategies and implementation plans.
Ensure sourcing strategies are implemented and TCO reductions are secured according to forecasts.
Lead and/or support major strategic programs within a multi-year plan including end-2-end process, make/buy analysis and recommendations within a large group of spend categories and/or within a major business area.
Champion and support efforts to achieve small and disadvantaged business sourcing content objectives
Business unit specific leadership teams
Senior members of industry
Minimum of 10+ years of business experience
Minimum of 8-10 years of multi-disciplined procurement experience or relevant experience
Minimum of 3 years Pharmaceutical Procurement experience or relevant experience
Experience leading and participating on cross-functional and/or global teams
Managerial experience including managing teams of senior professionals and managers and establishing performance expectations
Internal stakeholder management, data/information management, category management, process redesign and continuous improvement expertise, project management and performance measurement skills
Procurement process knowledge, contract management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization, strategic planning and integrated supply chain experience
Professional certifications (eg CPM, CPIM).
5 years Pharmaceutical Procurement experience
Membership in Professional Associations, eg ISM