Bristol Myers Squibb logo

Analyst III, R&D International Agile Sourcing

3 - 7 years

12 - 16 Lacs

Hyderabad

Posted:8 months ago| Platform: Naukri logo

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Skills Required

Procurement Supply chain Data analysis Performance management Financial analysis Analytical Strategic planning microsoft Business intelligence Information technology

Work Mode

Work from Office

Job Type

Full Time

Job Description

  • The Research & Development (R&D), 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 procurement or relevant experience (preferably in clinical development, digital health, clinical diagnostics, real world evidence)
  • Clear and demonstrated understanding of drug development and life cycle management process, specifically from First in Human (FIH) to marketing authorization
  • Strong contracting acumen with experience in negotiating complex contracts such as global Master Services Agreements
  • Experience in leveraging industry standard data analytical & visualization tools such as Microsoft Power BI, Tableau, SAP/ERP planning modules, etc.
  • Expertise in procurement processes, technology and systems (such as Ariba, Icertis), contract and 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

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