Analyst II, IT Business Support(Category management/Strategic Sourcing & Procurement)

Posted:
9/10/2024, 2:20:11 PM

Location(s):
Telangana, India ⋅ Indiana, United States ⋅ Hyderabad, Telangana, India

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy

Workplace Type:
Hybrid

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.

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. Read more: careers.bms.com/working-with-us.

#GBOHYD #LI-Hybrid

Description: 

The Category Strategy Support role is responsible for supporting and collaborating with Category Leads in the development of global category strategies, including buying channels, purchasing policies and managing supplier relationships. This role will execute on category maintenance and analytics (reporting, taxonomy, etc.) activities to successfully grow and maintain best-in-class category strategies. This role will assist in the development of and adherence to strategic category strategy processes and procedures, supplier and category segmentation, metrics/KPI development, etc.

It is necessary for this individual to understand enabling services categories, the impact on the organization (both short and long term) and can flex across multiple categories as business needs fluctuate. Attention to detail, strong analytical skills, and ability to work in a fast-paced environment will contribute to the success of BMS’s global category strategy efforts. This position will support continuous improvement initiatives that will enable the business to achieve its strategic objectives. This position will be located in Hyderabad, India and work collaboratively with several in country and global stakeholders to successfully execute work.

Major Responsibilities and Accountabilities: 

  • Category Strategy Support & Enablement
    • Assist Category Leads in the day-to-day activities needed to successfully define and implement optimal strategies for buying channels, purchasing policies, and supplier relationship management programs
    • Support the category lead to develop implementation plans to activate strategies across regions, markets, and business units
      • Includes conducting market research, analyzing data, and identifying trends to support the development of category strategies
    • Update global buying channel definitions, associated policies, and processes to establish a consistent approach across all business units and regions (global, regional, local)
      • Maintain accurate documentation as required
    • Support integrated change management efforts (e.g., communications, training) across the related processes as needed
    • Ensure pull through of category strategies with the Source-to-Contract (S2C) teams
    • Identify and mitigate risks associated with the category, including supply chain disruptions, supplier financial stability, and geopolitical factors
    • Assist in the creation and maintenance of category-related documentation such as contracts, pricing agreements, and promotional materials.
    • Assist in supplier management and performance tracking across categories
  • Category Analytics & Data Maintenance
    • Define and track key category & supplier performance measures (operational metrics, preferred supplier adherence, buying channel compliance, performance of category strategies, etc.)
      • Manage data to provide meaningful insights as needed by category leads
    • Ensure proper value capture reporting and monitor appropriate analytics in order to address performance gaps and improvement opportunities
      • Communicate performance reports that monitor adoption and compliance to key stakeholders
    • Pull, clean, and analyze spend data for category leads & business partners as needed
    • Maintain data and toolsets needed to support reporting and category management activities
      • Collaborate with cross-functional teams to ensure data consistency and resolve any discrepancies
    • Track progress against critical category and enterprise initiatives / metrics (e.g., diverse supplier spend, Service Level Agreements (SLAs))
  • Continuous Improvement
    • Take initiative for continuous improvement and proactively propose enhancement opportunities
    • Stay informed about industry trends, emerging technologies and best practices within category management
      • Share best practices with other procurement category leads, appropriate category managers and other Global Procurement colleagues
    • Champion procurement objectives
    • Support preparation for continuous improvement sessions (e.g. pulling & consolidating supplier capabilities & performance)
    • Consider and address feedback from internal users/customers, proactively determining best response to continually improve process
      • Regularly review and evaluate processes, seeking opportunities to streamline and enhance efficiency
    • Analyze market trends, supplier performance, and cost-saving opportunities

Internal/External Stakeholders:  

  • Category Leads and other Category Managers
  • Business Partners and PS&C (i.e., Center) team members as needed
  • Third Party Vendors / Supplier Management
  • Members of industry; technology councils and organizations

Qualifications: 

Minimum Requirements:

  • B.S./B. A.
  • Minimum of 3-5 years of relevant business experience
  • Minimum of 2-4 years of multi-disciplined procurement experience, or related category domain experience or relevant experience
  • Proven experience in procurement, contract management, or procurement governance
  • 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
  • Please note that this role may require you to work in rotational shifts

Preferred Qualifications:

  • M.S./M.B.A.
  • Professional certifications (e.g. CPM, CPIM).
  • 1-2 years Pharmaceutical Procurement experience
  • Membership in Professional Associations, e.g. ISM

If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as “Transforming patients’ lives through science™ ”, every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

On-site Protocol

BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:

Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to [email protected]. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

Bristol Myers Squibb

Website: https://bms.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1887

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Biotechnology ⋅ Health Care ⋅ Medical ⋅ Pharmaceutical ⋅ Precision Medicine