Bristol-Myers Squibb Company
Princeton, NJ, United States
Operations, Procurement, Pharmaceutical, Sciences, Marketing, Research
Mar 03, 2021
Jun 16, 2021
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.
Market Research and Advisory Associate Director will serve as a key strategic partner to Strategic Sourcing & Procurement’s (“SS&P”) Enabling Services team’s (“ES”) category leaders and use their deep expertise across categories within Enabling Services to help enable business priorities and category requirements through best-in-class market research and insights.
Enabling Services comprises the necessary and peripheral services associated with powering a large, global enterprise; including: Travel; Conferences/Meetings; Fleet; Human Resources; Information Technology; Insurance and Risk; Legal; Office Supplies; Professional Services; and Translation.
This role will serve as a thought partner and sounding board to category leaders, acting as a key source of innovation, ultimately leading to competitive differentiation for the business. This role is expected to identify and manage a portfolio of external research and advisory providers to meet the unique needs for the functional requirements.
Additionally, the Market Research and Advisory Associate Director will serve as the single point-of-contact for the function, cross-functional capability and process teams, and external research and advisory providers. This role will also work on continuous improvement for the market research and advisory capability and provide category teams with additional support on market research and advisory-related activities, as needed.
Major Responsibilities and Accountabilities:
Partners with category leaders in the Procurement function to align market research and advisory needs to business priorities, and uses their deep functional expertise to drive research analysis and advisory of the supply market
Brings outside-in innovation to category leaders and the business, providing the business and function with a competitive advantage
Manages relationships with external research and advisory providers
Gains visibility into the annual market research and advisory demand for the function
Acts as a single point-of-contact for the function, the cross-functional capability and process teams, and the external research and advisory providers
Supports with escalations related to the function
Conducts and/or oversees supply market research, managing market research and advisory needs for the function, including consultations and prioritization
Determines the appropriate external research and advisory provider for market research and advisory requests from the function and meets with the provider to validate requests
Continuously scans market to identify and refine roster of external research and advisory providers and locate relevant data sources
Manages a large book of work across multiple individuals, teams, and geographies. Must be able to bring organization and transparency to a fast-paced environment
Capability Delivery :
Develops and maintains a macro view across markets; follows market dynamics, changes, and trends
Analyzes forecasted data for the purposes of planning procurement, sourcing, and supply strategies
Provides forecasted data of future organization buying requirements to suppliers
Develops and maintains market awareness through merchandise shows, trade periodicals, and other resources, in an effort to support securing new products, services, and pricing information
Pressure tests market research and advisory outputs from external research and advisory providers for company-specific insights, as needed
Proactively shares new insights with category leaders on current and future market conditions, including insights on small and diverse businesses (push model)
Evolves the framework of Procurement’s market research and advisory capability (continuous improvement, new ways of working, process improvements, etc.)
Provides frameworks, trainings, and advisory support on market research and advisory-related activities (e.g., cost modeling, benchmarking), as needed
Manages functional-specific content
Prepares periodic reports of market research and advisory activities within the function
Stakeholders within the business
Other Internal Business Partners
External Research and Advisory Providers
Bachelor’s Degree (Supply Chain or related business field)
Minimum of 8-10 years of business experience or relevant experience
Minimum of 6-8 years of relevant market research analysis and advisory experience, insight generation, and reporting
Extensive industry and functional expertise
Expertise across key Enabling Services categories (e.g., IT, HR, Finance and Accounting)
Business critical thinking skills
Experience leading and participating on cross-functional and/or global teams
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
Strong oral, written communication and customer service skills
Strong presentation and communication skills including storytelling through PowerPoint
Ability to operate as a Strategic Advisor: demonstrated ability to partner, manage, and influence
Proficiency in Microsoft Excel, inclusive of pivot tables
Professional certifications (e.g., CPM, CPIM)
4 years Pharmaceutical Procurement experience
Membership in Professional Associations, e.g., ISM
Demonstrated success working in a virtual team environment
Managerial experience including managing direct reports and influencing senior professionals including establishing performance expectations
Around the world, we are passionate about making an impact on the lives of patients with serious diseases. Empowered to apply our individual talents and diverse perspectives in an inclusive culture, our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.
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.
Our company is committed to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace adjustments and ongoing support in their roles. Applicants can request an approval of accommodation prior to accepting a job offer. If you require reasonable accommodation in completing this application, or any part of the recruitment process direct your inquiries to email@example.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.
Company: Bristol Myers Squibb
Req Number: R1537019-en-us
Updated: 2021-03-04 01:42:05.052 UTC
Location: Princeton,New Jersey
Bristol Myers Squibb is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, pregnancy, citizenship, marital status, gender expression, genetic information, political affiliation, or any other characteristic protected by law.
Bristol-Myers Squibb Company
Website : http://www.bms.com