Posted:
9/30/2024, 5:52:23 PM
Location(s):
Hyderabad, Telangana, India ⋅ Indiana, United States ⋅ Telangana, India
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Data & Analytics
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.
Description:
The Research & Development, Analyst III, Agile Sourcing (AS) is part of a global team which collaborates with R&D category leaders and business partners on procurement execution through data analytics and sourcing in support of procurement category strategies.
The R&D, Analyst III, Agile Sourcing will build an understanding of BMS’s global, end-to-end value chain as it relates to the categories in focus. Key responsibilities include leading data analytics projects in support of procurement objectives like the development and maintenance of purchasing & negotiation strategies. The R&D, Analyst III may also support the conduct of sourcing projects and the negotiation of contracts; and identifying supply optimization opportunities for speed-to-market, innovation, revenue enhancement, mitigated risk/improved lifecycle management, overall competitive cost advantage, and other sources of value for Bristol Myers Squibb. This role has a strong emphasis on data analytics.
Key Responsibilities
Lead data analytics efforts to optimize procurement decisions:
Partner with procurement stakeholders to understand their needs and recommend solutions as it pertains to data analysis and interpretation to support decision making and category planning.
Develop datasets by preparing and combining raw data from various sources for analysis.
Conduct financial analyses on supplier proposals and generate recommendations for supplier selection or negotiation strategies.
Develop or leverage quantitative methodologies to predict future demand or pricing trends.
Create visualizations (charts, graphs, dashboards) to communicate findings effectively.
Work within procurement organization on continuous improvement opportunities in the domain of procurement analytics.
Partner with supporting functions (Business Intelligence, Information Technology) to evaluate current and potential tools, platforms, etc. for potential uses within the procurement ecosystem. Including those with machine learning capabilities.
May also directly engage supplier contacts directly as it pertains to expectations alignment on data insights, formatting, etc. to meet BMS requirements.
Support end-to-end implementation of Sourcing and Contracting Strategy
Ability to manage a large book of work across multiple individuals, teams, geographies. Must be able to bring organization and transparency to a fast-paced environment.
Lead short and long-term initiatives that deliver positive impacts on the organization, including training and development programs.
Lead the preparation and solicitation of competitive bids, quotations and proposals; evaluate competitive offerings; assess supplier product and pricing information; conduct negotiations and communicate decisions externally.
Prepare, issue and negotiate contracts for legal review and approval. .
Provide insights from internal and market analytics to influence the development of strategic category plans; partner with category leaders and business partners on plan development, including building plans for smaller categories. Builds understanding of BMS’s global, end-to- end value chain as it relates to the categories in focus.
Qualifications & Experience
Minimum Requirements
B.S./B.A. (Business, Science or Engineering is desirable)
Minimum of 5 years’ work experience with at least 3 years in business analytics or relevant experience (preferably in the life sciences industry)
Experience in leveraging industry standard data analytical & visualization tools such as Microsoft Power BI, Tableau, SAP/ERP planning modules, etc.
Understanding of the value proposition of the procurement function and a passion to support efforts that bring more medicines, to more patients faster.
Expertise in procurement processes, technology and systems, supplier analysis and management, financial analysis, market analysis, supplier diversity, strategic planning and integrated supply chain.
Demonstrated ability to partner with and manage internal stakeholders up to some senior leaders within a highly matrixed organization, working across cross-functional, cross-organizational teams.
Strong understanding of data analytics, category management, project and performance management
Comfort in lower complexity contract review e.g. Statements of Work/Work Orders.
Proficiency in English
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.
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