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63 Bristol-Myers Squibb Jobs
Analyst III, Enabling Services Category Management
5-7 years
Hyderabad / Secunderabad
1 vacancy
Analyst III, Enabling Services Category Management
Bristol-Myers Squibb
posted 8hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
The Category Strategy Support role is responsible for supporting and collaborating with Category Leads in the development of global category strategies, including buying channels, purchasing policies and managing supplier relationships . This role will execute on category maintenance and analytics (reporting, taxonomy, etc.) activities to successfully grow and maintain best-in-class category strategies.
This role will assist in the development of and adherence to strategic category strategy processes and procedures, supplier and category segmentation, metrics/KPI development, etc. It is necessary for this individual to understand enabling services categories, the impact on the organization (both short and long term) and can flex across multiple categories as business needs fluctuate.
Attention to detail, strong analytical skills, and ability to work in a fast-paced environment will contribute to the success of BMS s global category strategy efforts. This position will support continuous improvement initiatives that will enable the business to achieve its strategic objectives. This position will be located in Hyderabad, India and work collaboratively with several in country and global stakeholders to successfully execute work. Major Responsibilities and Accountabilities:
- Category Strategy Support Enablement
- Assist Category Leads in the day-to-day activities needed to successfully define and implement optimal strategies for buying channels, purchasing policies, and supplier relationship management programs
- Support the category lead to develop implementation plans to activate strategies across regions, markets, and business units
- Includes conducting market research, analyzing data, and identifying trends to support the development of category strategies
- Update global buying channel definitions, associated policies, and processes to establish a consistent approach across all business units and regions (global, regional, local)
- Maintain accurate documentation as required
- Support integrated change management efforts (e.g., communications, training) across the related processes as needed
- Ensure pull through of category strategies with the Source-to-Contract (S2C) teams
- Identify and mitigate risks associated with the category, including supply chain disruptions, supplier financial stability, and geopolitical factors
- Assist in the creation and maintenance of category-related documentation such as contracts, pricing agreements, and promotional materials.
- Assist in supplier management and performance tracking across categories
- Category Analytics Data Maintenance
- Define and track key category supplier performance measures (operational metrics, preferred supplier adherence, buying channel compliance, performance of category strategies, etc.)
- Manage data to provide meaningful insights as needed by category leads
- Ensure proper value capture reporting and monitor appropriate analytics in order to address performance gaps and improvement opportunities
- Communicate performance reports that monitor adoption and compliance to key stakeholders
- Pull, clean, and analyze spend data for category leads business partners as needed
- Maintain data and toolsets needed to support reporting and category management activities
- Collaborate with cross-functional teams to ensure data consistency and resolve any discrepancies
- Track progress against critical category and enterprise initiatives / metrics (e.g., diverse supplier spend, Service Level Agreements (SLAs))
- Define and track key category supplier performance measures (operational metrics, preferred supplier adherence, buying channel compliance, performance of category strategies, etc.)
- Continuous Improvement
- Take initiative for continuous improvement and proactively propose enhancement opportunities
- Stay informed about industry trends, emerging technologies and best practices within category management
- Share best practices with other procurement category leads, appropriate category managers and other Global Procurement colleagues
- Champion procurement objectives
- Support preparation for continuous improvement sessions (e.g. pulling consolidating supplier capabilities performance)
- Consider and address feedback from internal users/customers, proactively determining best response to continually improve process
- Regularly review and evaluate processes, seeking opportunities to streamline and enhance efficiency
- Analyze market trends, supplier performance, and cost-saving opportunities
Internal/External Stakeholders:
- Category Leads and other Category Managers
- Business Partners and PSC (i.e., Center) team members as needed
- Third Party Vendors / Supplier Management
- Members of industry; technology councils and organizations
Qualifications: Minimum Requirements:
- B.S./B. A.
- Minimum of 5 years of relevant business experience
- Minimum of 2-4 years of multi-disciplined procurement experience, or related category domain experience or relevant experience
- Proven experience in procurement, contract management, or procurement governance
- Experience in creating spend analysis reports, leveraging industry standard data analytical visualization tools such as Microsoft Power BI, Tableau, SAP/ERP planning modules, etc.
- 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:
- M.S./M.B.A.
- Professional certifications (e.g. CPM, CPIM).
- 1-2 years Pharmaceutical Procurement experience
- Membership in Professional Associations, e.g. ISM .
Employment Type: Full Time, Permanent
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What people at Bristol-Myers Squibb are saying
Analyst 3 salary at Bristol-Myers Squibb
reported by
4
employees
with 4-14
years exp.
₹15.4
L/yr - ₹38.2
L/yr
303%
more
than the average Analyst 3 Salary in India
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What Bristol-Myers Squibb employees are saying about work life
based on 126 employees
Flexible timing
Monday to Friday
No travel
Day Shift
Bristol-Myers Squibb Benefits
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