Executive Director Corporate Services
Karuna Therapeutics
Role Summary:
Bristol Myers Squibb (BMS) is seeking an exceptional leader for the position of Executive Director, Corporate Services Procurement. This role ensures that maximum value is gained for Business Partners, leading to a competitive advantage for BMS. Provides “service excellence” to business partners through establishing effective relationships, partnerships, strategies, processes, systems and staff. Drive Procurement initiatives as an active member of the Corporate Functions & Services (CFS) Procurement Leadership Team and the Global Procurement Extended Leadership Team. Develop, maintain and implement a 3–5-year strategic plan for Real Estate, Facilities, Utilities, Travel, Meetings & Fleet categories and ensure all projects supporting the strategic plan deliver maximum value.
Global Procurement at BMS is a corporate strategic sourcing group dedicated to supporting the company's global business units by developing and implementing innovative sourcing strategies. Our mission is to maximize contract value while maintaining the highest quality standards through clear specifications and well-planned negotiations. The team continuously collaborates with strategic suppliers to enhance and capture additional value within the supply chain through productivity initiatives and strong partnerships.
As the Executive Director, Corporate Services Procurement, you will be responsible for the development and implementation of category strategies through effective management and engagement with both internal and external stakeholders. You will ensure the delivery of category value targets, as agreed with finance and business stakeholders and endorsed by the Global Procurement Leadership Team (SLT). This role requires subject matter expertise with significant management responsibility. You will be expected to be a credible leader and a value-adding business partner to senior stakeholders at the VP and Senior VP levels. You will also be expected to collaborate and be accountable for connectivity with members of the Global Procurement SLT.
Major Responsibilities and Accountabilities:
- Lead Global Procurement Business Partner & Strategy for Corporate Services team with resources spanning across various regional/local markets and spend of approximately $800M
- Understand market nuances to effectively develop, implement and drive the global, regional, and local services strategy, policies and processes
- Drive improvements in costs and service levels as aligned to business needs
- Establish clear roles and responsibilities between regional / local resources and global category leads to ensure “one-face” to the business
- Encourage cross-market and cross-functional collaboration to take advantage of synergies through effective business partnering and stakeholder management
- Engage with matrix teams to align strategy, drive value and project delivery
- Develop and manage key senior business relationships with functional business partners
- Ensure business partners are satisfied with the overall Procurement relationship
- Develop collaborative relationships with business partners in order to leverage knowledge, spend and procurement effectiveness
- Champion Procurement training programs to better support business needs
- Drive co-ownership of initiatives and accountability based on agreed upon strategies
- Develop and implement metrics and reporting mechanisms
- Ensure excellence in delivery of procurement initiatives that maximize corporate, business, and functional priorities and objectives
- Ensure compliance to preferred supplier programs
- Identify, build, and maintain mutually beneficial relationships, partnerships, and alliances with select suppliers through Supplier Relationship Development programs
- Oversee development and own plan for group of categories managed
- Ensure planned cost savings in group based on category management strategies, compliance plans and innovation development
- Ensure key agreements and contracts are reviewed to protect and advance the company’s interest
- Ensure and influence ongoing talent development
- Establish/communicate criteria for evaluating staff performance
- Manage head count and direct the implementation of work processes and practices to optimize staff engagement and effectiveness
- Partner with SS&P functional leadership to build and deliver processes, training, procurement technology and knowledge management tools
- Own and drive mitigation projects on a prioritized basis
- Build and continuously improve the business partner and category’s procurement capability
- Ensure all escalated issues with respect to quality, performance or supply are resolved
- Direct all initiatives and strategic decisions for the group, including all budgetary matters and management of resources
- Provide business expertise and strategic leadership through participation in the GP extended leadership meetings and select business leadership forums
Internal/External Stakeholders:
- Enterprise Business Partners: Corporate Functions, GPS, and Commercial
- Supplier Executive Management
- Senior members of industry; technology councils and organizations
Minimum Requirements:
- B.S./B.A.
- Minimum of 15 years of business experience
- Minimum of 10-12 years of multi-disciplined procurement experience
- Minimum of 5 years Pharmaceutical Procurement experience
- Experience leading and participating on cross-functional and/or global teams
- Managerial experience including managing teams of senior professional and managers and establishing performance expectations
- 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).
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 career.
The starting compensation for this job is a range from
$261,630 to $317,100, 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 https://careers.bms.com/life-at-bms/.
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.
Role Summary:
Bristol Myers Squibb (BMS) is seeking an exceptional leader for the position of Executive Director, Corporate Services Procurement. This role ensures that maximum value is gained for Business Partners, leading to a competitive advantage for BMS. Provides “service excellence” to business partners through establishing effective relationships, partnerships, strategies, processes, systems and staff. Drive Procurement initiatives as an active member of the Corporate Functions & Services (CFS) Procurement Leadership Team and the Global Procurement Extended Leadership Team. Develop, maintain and implement a 3–5-year strategic plan for Real Estate, Facilities, Utilities, Travel, Meetings & Fleet categories and ensure all projects supporting the strategic plan deliver maximum value.
Global Procurement at BMS is a corporate strategic sourcing group dedicated to supporting the company's global business units by developing and implementing innovative sourcing strategies. Our mission is to maximize contract value while maintaining the highest quality standards through clear specifications and well-planned negotiations. The team continuously collaborates with strategic suppliers to enhance and capture additional value within the supply chain through productivity initiatives and strong partnerships.
As the Executive Director, Corporate Services Procurement, you will be responsible for the development and implementation of category strategies through effective management and engagement with both internal and external stakeholders. You will ensure the delivery of category value targets, as agreed with finance and business stakeholders and endorsed by the Global Procurement Leadership Team (SLT). This role requires subject matter expertise with significant management responsibility. You will be expected to be a credible leader and a value-adding business partner to senior stakeholders at the VP and Senior VP levels. You will also be expected to collaborate and be accountable for connectivity with members of the Global Procurement SLT.
Major Responsibilities and Accountabilities:
- Lead Global Procurement Business Partner & Strategy for Corporate Services team with resources spanning across various regional/local markets and spend of approximately $800M
- Understand market nuances to effectively develop, implement and drive the global, regional, and local services strategy, policies and processes
- Drive improvements in costs and service levels as aligned to business needs
- Establish clear roles and responsibilities between regional / local resources and global category leads to ensure “one-face” to the business
- Encourage cross-market and cross-functional collaboration to take advantage of synergies through effective business partnering and stakeholder management
- Engage with matrix teams to align strategy, drive value and project delivery
- Develop and manage key senior business relationships with functional business partners
- Ensure business partners are satisfied with the overall Procurement relationship
- Develop collaborative relationships with business partners in order to leverage knowledge, spend and procurement effectiveness
- Champion Procurement training programs to better support business needs
- Drive co-ownership of initiatives and accountability based on agreed upon strategies
- Develop and implement metrics and reporting mechanisms
- Ensure excellence in delivery of procurement initiatives that maximize corporate, business, and functional priorities and objectives
- Ensure compliance to preferred supplier programs
- Identify, build, and maintain mutually beneficial relationships, partnerships, and alliances with select suppliers through Supplier Relationship Development programs
- Oversee development and own plan for group of categories managed
- Ensure planned cost savings in group based on category management strategies, compliance plans and innovation development
- Ensure key agreements and contracts are reviewed to protect and advance the company’s interest
- Ensure and influence ongoing talent development
- Establish/communicate criteria for evaluating staff performance
- Manage head count and direct the implementation of work processes and practices to optimize staff engagement and effectiveness
- Partner with SS&P functional leadership to build and deliver processes, training, procurement technology and knowledge management tools
- Own and drive mitigation projects on a prioritized basis
- Build and continuously improve the business partner and category’s procurement capability
- Ensure all escalated issues with respect to quality, performance or supply are resolved
- Direct all initiatives and strategic decisions for the group, including all budgetary matters and management of resources
- Provide business expertise and strategic leadership through participation in the GP extended leadership meetings and select business leadership forums
Internal/External Stakeholders:
- Enterprise Business Partners: Corporate Functions, GPS, and Commercial
- Supplier Executive Management
- Senior members of industry; technology councils and organizations
Minimum Requirements:
- B.S./B.A.
- Minimum of 15 years of business experience
- Minimum of 10-12 years of multi-disciplined procurement experience
- Minimum of 5 years Pharmaceutical Procurement experience
- Experience leading and participating on cross-functional and/or global teams
- Managerial experience including managing teams of senior professional and managers and establishing performance expectations
- 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).
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 career.
The starting compensation for this job is a range from
$261,630 to $317,100, 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 https://careers.bms.com/life-at-bms/.
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.