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Procurement Director, Business Insights & Analytics

Bristol-Myers Squibb

This is a Full-time position in Princeton, NJ posted December 19, 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.

Purpose/Objective of the job

  • Trusted thought-partner for Sourcing & Procurement Global Leadership who provides strategic guidance and data-driven insights to help shape the most critical area decisions;
  • A critical leader who leverages disruptive and strategic thinking to engineer greater functional success, improves value to our internal customers and ultimately to our patients with near term impact, in support of multiple senior leaders across Commercial, Finance, Enabling Functions, Supplier Diversity, Sourcing Excellence and Global Product Organization – ensuring that we deliver against our short & mid-term goals;
  • Work cross-functionally with multiple SME-specific areas research & analytics leads/functional capability owners, and lead all alliance forecasting/assessment/scenario-planning interactions globally in the short-mid term;
  • Establish aspirational yet defendable procurement expectations for the Sourcing & Procurement areas, ensure full transparency around global business risks & opportunities, and identify actionable levers to activate Saving-Optimization-Automation & Efficiencies potential;
  • Establish a single-source of consolidated Procurement Data truth, through a disciplined and consistent approach to seamlessly integrating Forecasting, Spend, Suppliers Competitive Intelligence & Market Research insights – leading to actionable scenario-planning of potential outcomes;
  • Maximize worldwide Procurement launches Support and Success to optimize go-to-market strategies by enabling enterprise-wide sharing of key Data and Analytics learnings and best practices;
  • Partner with the broader D&I and BI&A organizations to create and promote a global culture of real diversity inclusion, develop exciting insight & analytic career paths, and ensure appropriate levels of technical capability and subject matter expertise exists across all levels, functions, and geographies;

Key Responsibilities:

  • Lead a team of Business Analysts and Data Scientists (including BMS headcount and full-time consultants) who provide strategic insight & scenario-planning guidance in direct support of the Sourcing and Procurement function;
  • Work with the Head of Procurement and the Procurement Leadership Team to create clear, reliable, and impactful “talking points” for both internal & external communications – including prep for all analyst meetings and digital conferences;
  • Generate & defend all Procurement function scenarios for the Procurement Areas in support of financial analytics budgets, projections, and R&Os;
  • Responsible for working with the broad Procurement team to vet all options in support of Procurement KPIs, metrics and best decisions;
  • Effectively collaborates with a broad set of cross-functional counterparts (including BI&A, Strategy & Operations Leads, Commercial, Enabling Functions, HR, GPS and Finance) to achieve organizational objectives;
  • Translate the results of primary research and other insight-oriented data sources into use cases and business assumptions; when required, become involved in the design and development of market and procurement studies (i.e.

    demand/supply research);

  • Provide an explanation of data insights, variances … which combines secondary data and general business insights;
  • Develop and deliver clear, concise presentations that synthesize disparate data (market research, secondary data, supplier info etc …), and that demonstrates a deep understanding of the supply base, market dynamics and competition;
  • Help embed and maintain a single high-performing BI&A “culture” across the team, across individual TA teams;
  • Responsible for helping to adopt and fully embed new forecasting capabilities developed by the team’s Capability Lead;
  • Ensure the consistent use of industry-leading approaches & methodologies across the entire Procurement spectrum;
  • Drive the effective synthesis of Analytics and Procurement Insights work product through transparency, inclusiveness, and pursuit of diverse perspectives;
  • Partner to create and foster an approach to developing seamless collaborative cross-functional analytics teams/and holistic cross-internal customer analysis;
  • Understand, demonstrate, and drive adherence to all BMS operating policies;

List of minimum requirements

  • Degree/Certification/Licensure;
  • BA/BS required (quantitative area of study preferred);;
  • MBA/other graduate degree preferred;
  • Pharmaceutical Experience a plus;
  • Experience working in the Procurement, Sourcing or Supply Chain;
  • Ability to synthesize complex information sets & successfully communicate simply to the senior leaders – leading to smart & data-driven decision making;
  • Experience operating successfully in a complex organizational environment;
  • Experience interacting with senior management, understanding, anticipating, and fulfilling their insight/ analytical information requirements;
  • Extensive experience in the application of forecasting, advanced analytics, and reporting techniques to solve business problems;

Competencies – knowledge, skills, abilities, other

  • Ability to effectively communicate with & strategically impact therapeutic area leaders;
  • Proven track record of seamlessly managing multiple individuals across an organization;
  • Draw inferences from disparate pieces of data, identify key findings and link to implications and provide recommendations;
  • Strong creative problem-solving skills to answer key business questions;
  • Strong project management skills with demonstrated ability to lead multiple projects and priorities;
  • Strong written and verbal communication skills;
  • Ability to quickly gain and apply therapeutic knowledge;
  • Ability to learn new tools quickly;
  • Strong interpersonal skills with the ability to work with diverse teams across organizational lines and structures;
  • Proven knowledge of medical or healthcare marketplace dynamics;
  • Proven ability to lead teams, influence cross-functionally, and manage a heavy workload;

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. 

Physical presence at the BMS worksite or physical presence in the field is an essential job function of this role which the Company deems critical to collaboration, innovation, productivity, employee well-being and engagement, and enhances the Company culture.

To protect the safety of our workforce, customers, patients and communities, the policy of the Company requires all employees and workers in the U.S.

and Puerto Rico to be fully vaccinated against COVID-19, unless they have received an exception based on an approved request for a medical or religious reasonable accommodation.

Therefore, all BMS applicants seeking a role located in the U.S.

and Puerto Rico must confirm that they have already received or are willing to receive the full COVID-19 vaccination by their start date as a qualification of the role and condition of employment.

This requirement is subject to state and local law restrictions and may not be applicable to employees working in certain jurisdictions such as Montana.

This requirement is also subject to discussions with collective bargaining representatives in the U.S.

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 if you are applying to a role based in the U.S.

or Puerto Rico and you believe that you are unable to receive a COVID-19 vaccine due to a medical condition or sincerely held religious belief, during or any part of the recruitment process, please direct your inquiries to adastaffingsupport@bms.com .

Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

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

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