Bristol Myers Squibb
Senior Director, Procurement, Media Planning & Buying Services
Bristol Myers Squibb, Princeton, New Jersey, United States, 08540
Senior Director, Procurement Media Planning & Buying
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. 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. The Senior Director, Procurement Media Planning & Buying position will oversee a team of category strategy partners and will partner with senior business leads in the Worldwide Commercialization Excellence (WCE) and the broader Commercial organizations to develop a best-in-class category strategy that drive business outcomes. This role is expected to have deep Media category expertise and knowledge of other Commercialization categories, as well as a deep understanding of Pharmaceutical Commercialization models and regulations. This individual will be accountable to develop a Media category strategy that aligns to the strategic priorities of BMS and ensure that the strategy can meet business needs across the product lifecycle and across markets. This role is seen as a trusted advisor to senior Commercialization stakeholders across the enterprise and as a leadership role for Commercialization-related procurement needs. This includes overseeing sourcing and contracting teams to ensure we are delivering with speed. This role will facilitate continuous improvement and drive innovation that will enable the business to achieve its strategic objectives. Major Responsibilities and Accountabilities: Develop a global category strategy that (1) is best in class, (2) aligns to business needs and market nuances and (3) creates significant value. Lead and manage a team of Category Strategy Partners, fostering a collaborative and high-performance culture. Understand and capture business plans and budgets as needed to ensure global category strategies are fit-for-purpose and meet business needs and are effectively supporting business outcomes such as product launch, in-line product growth, upcoming LOEs, and data and insights. Leverage knowledge of external supplier marketplace to curate supplier solutions for the business in alignment with business outcome needs. Engage with other Category Strategy Partners within Commercialization and across Procurement towers as needed to ensure alignment across categories to meet business needs and drive a holistic Commercial Procurement value proposition. Leverage deep category knowledge and external market ecosystems to develop a fit-for-purpose global category strategy that can meet regional and local needs and is aligned to product lifecycles. Lead and/or support major category initiatives within a multi-year plan including end to end process optimization, make / buy analysis and recommendations within a spend category and/or within a major business area to deliver strong financial efficiencies aligned to business targets. Coordinate with dedicated market business partners to pull through relevant global strategies or develop tailored category strategies as needed to enable specific market needs and objectives. Collaborate and coordinate with Procurement operations teams to ensure simple and clear buying processes to allow pull through of category solutions and optimized user experiences. Execute supplier relationship management (SRM) and drive supplier performance Oversee the rationalization and selection of suppliers that meet business requirements at the optimal total cost, with preferred supplier identification. Coordinate with other Category Strategy Partners to understand supplier performance across business units and leverage inputs to effectively manage supplier relationships. Manage and optimize the category supply base, preferred suppliers, and track supplier performance (KPIs, SLA tracking). Lead cadenced business reviews with key internal and external stakeholders to track performance and ensure alignment on business objectives. Build and continuously improve the Commercialization procurement capability Continuously refine category strategies to meet evolving product portfolio and business needs, and enhance business outcomes (e.g. product launch, plan for LOE, drive in-line product growth) Encourage and champion external research, benchmarking (including amongst other Procurement functions outside of Commercialization), and involvement in professional networks as a means of strengthening capabilities via the adoption of procurement profession best practices. Influence the business to adhere to procurement strategies (e.g. preferred suppliers), policies, and processes in order to enable enterprise initiatives. Innovation management Foster internal and external (supplier-led) innovation. Coordinate with other Category Strategy Partners and Procurement Site Leads to execute innovation plans, display supplier capabilities, and lead innovation workshops that help solve key business problems. Leverage deep knowledge of category management, supplier capabilities and the commercial lifecycle to continuously bring ideas and opportunities to business leaders and participate in relevant innovation forums. Coordinate and synchronize with other Procurement organizations Coordinate with the Procurement Centers organization to enable the Procurement reporting mechanism, strategy, processes, policies, and digital strategy; work closely with Agile Sourcing to enable agile and rapid sourcing/contracting processes. Synchronize with other Category Strategy Partners and other Procurement team members across towers to capture and refine best practices and drive a consistent experience for the business. Internal/External Stakeholders: Commercial Business unit leadership teams Worldwide Commercialization Excellence (WCE) Teams Procurement LT, Category Strategy Partners, Agile Sourcing, as well as International Procurement teams Brand, Regulatory and Contract Law teams Finance teams Supplier executive management Qualifications Minimum Requirements Minimum education of a B.S./B.A. is required; M.S./M.B.A. preferred. Minimum of ten (10) to fifteen (15) years of business experience, with five (5) plus years of multi-disciplined Media procurement experience. Managerial experience including managing teams of senior professionals and managers and establishing performance expectations. Experience leading and participating on cross-functional and 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. Preferred Qualifications Professional certifications (e.g. CPM, CPIM). Five (5) years Pharmaceutical Procurement experience Membership in Professional Associations, e.g. ISM The starting compensation for this job in New Jersey is a range from $222,620.00 to $269,800.00, plus incentive cash and stock opportunities (based on eligibility). The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed. Final, individual compensation will be decided based on demonstrated experience. Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit Life At BMS - BMS Careers. Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following: Medical, pharmacy, dental and vision care. Wellbeing support such as the BMS Living Life Better program and employee assistance programs (EAP). Financial well-being resources and a 401(K). Financial protection benefits such as short- and long-term disability, life insurance, supplemental health insurance, business travel protection and survivor support. Work-life programs include paid national holidays and optional holidays, Global Shutdown Days between Christmas and New Year's holiday, up to 120 hours of paid vacation, up to two (2) paid days to volunteer, sick time off, and summer hours flexibility. Parental, caregiver, bereavement, and military leave. Family care services such as adoption and surrogacy reimbursement, fertility/infertility benefits, support for traveling mothers, and child, elder and pet care resources. Other perks like tuition reimbursement and a recognition program. 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
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. 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. The Senior Director, Procurement Media Planning & Buying position will oversee a team of category strategy partners and will partner with senior business leads in the Worldwide Commercialization Excellence (WCE) and the broader Commercial organizations to develop a best-in-class category strategy that drive business outcomes. This role is expected to have deep Media category expertise and knowledge of other Commercialization categories, as well as a deep understanding of Pharmaceutical Commercialization models and regulations. This individual will be accountable to develop a Media category strategy that aligns to the strategic priorities of BMS and ensure that the strategy can meet business needs across the product lifecycle and across markets. This role is seen as a trusted advisor to senior Commercialization stakeholders across the enterprise and as a leadership role for Commercialization-related procurement needs. This includes overseeing sourcing and contracting teams to ensure we are delivering with speed. This role will facilitate continuous improvement and drive innovation that will enable the business to achieve its strategic objectives. Major Responsibilities and Accountabilities: Develop a global category strategy that (1) is best in class, (2) aligns to business needs and market nuances and (3) creates significant value. Lead and manage a team of Category Strategy Partners, fostering a collaborative and high-performance culture. Understand and capture business plans and budgets as needed to ensure global category strategies are fit-for-purpose and meet business needs and are effectively supporting business outcomes such as product launch, in-line product growth, upcoming LOEs, and data and insights. Leverage knowledge of external supplier marketplace to curate supplier solutions for the business in alignment with business outcome needs. Engage with other Category Strategy Partners within Commercialization and across Procurement towers as needed to ensure alignment across categories to meet business needs and drive a holistic Commercial Procurement value proposition. Leverage deep category knowledge and external market ecosystems to develop a fit-for-purpose global category strategy that can meet regional and local needs and is aligned to product lifecycles. Lead and/or support major category initiatives within a multi-year plan including end to end process optimization, make / buy analysis and recommendations within a spend category and/or within a major business area to deliver strong financial efficiencies aligned to business targets. Coordinate with dedicated market business partners to pull through relevant global strategies or develop tailored category strategies as needed to enable specific market needs and objectives. Collaborate and coordinate with Procurement operations teams to ensure simple and clear buying processes to allow pull through of category solutions and optimized user experiences. Execute supplier relationship management (SRM) and drive supplier performance Oversee the rationalization and selection of suppliers that meet business requirements at the optimal total cost, with preferred supplier identification. Coordinate with other Category Strategy Partners to understand supplier performance across business units and leverage inputs to effectively manage supplier relationships. Manage and optimize the category supply base, preferred suppliers, and track supplier performance (KPIs, SLA tracking). Lead cadenced business reviews with key internal and external stakeholders to track performance and ensure alignment on business objectives. Build and continuously improve the Commercialization procurement capability Continuously refine category strategies to meet evolving product portfolio and business needs, and enhance business outcomes (e.g. product launch, plan for LOE, drive in-line product growth) Encourage and champion external research, benchmarking (including amongst other Procurement functions outside of Commercialization), and involvement in professional networks as a means of strengthening capabilities via the adoption of procurement profession best practices. Influence the business to adhere to procurement strategies (e.g. preferred suppliers), policies, and processes in order to enable enterprise initiatives. Innovation management Foster internal and external (supplier-led) innovation. Coordinate with other Category Strategy Partners and Procurement Site Leads to execute innovation plans, display supplier capabilities, and lead innovation workshops that help solve key business problems. Leverage deep knowledge of category management, supplier capabilities and the commercial lifecycle to continuously bring ideas and opportunities to business leaders and participate in relevant innovation forums. Coordinate and synchronize with other Procurement organizations Coordinate with the Procurement Centers organization to enable the Procurement reporting mechanism, strategy, processes, policies, and digital strategy; work closely with Agile Sourcing to enable agile and rapid sourcing/contracting processes. Synchronize with other Category Strategy Partners and other Procurement team members across towers to capture and refine best practices and drive a consistent experience for the business. Internal/External Stakeholders: Commercial Business unit leadership teams Worldwide Commercialization Excellence (WCE) Teams Procurement LT, Category Strategy Partners, Agile Sourcing, as well as International Procurement teams Brand, Regulatory and Contract Law teams Finance teams Supplier executive management Qualifications Minimum Requirements Minimum education of a B.S./B.A. is required; M.S./M.B.A. preferred. Minimum of ten (10) to fifteen (15) years of business experience, with five (5) plus years of multi-disciplined Media procurement experience. Managerial experience including managing teams of senior professionals and managers and establishing performance expectations. Experience leading and participating on cross-functional and 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. Preferred Qualifications Professional certifications (e.g. CPM, CPIM). Five (5) years Pharmaceutical Procurement experience Membership in Professional Associations, e.g. ISM The starting compensation for this job in New Jersey is a range from $222,620.00 to $269,800.00, plus incentive cash and stock opportunities (based on eligibility). The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed. Final, individual compensation will be decided based on demonstrated experience. Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit Life At BMS - BMS Careers. Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following: Medical, pharmacy, dental and vision care. Wellbeing support such as the BMS Living Life Better program and employee assistance programs (EAP). Financial well-being resources and a 401(K). Financial protection benefits such as short- and long-term disability, life insurance, supplemental health insurance, business travel protection and survivor support. Work-life programs include paid national holidays and optional holidays, Global Shutdown Days between Christmas and New Year's holiday, up to 120 hours of paid vacation, up to two (2) paid days to volunteer, sick time off, and summer hours flexibility. Parental, caregiver, bereavement, and military leave. Family care services such as adoption and surrogacy reimbursement, fertility/infertility benefits, support for traveling mothers, and child, elder and pet care resources. Other perks like tuition reimbursement and a recognition program. 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