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Senior Manager, Procurement, Research & Development - Job Opportunity at Bristol-Myers Squibb

Princeton, United States
Full-time
Senior
Posted: April 11, 2025
Hybrid
USD 144,000 - 180,000 per year

Benefits

Comprehensive medical, dental, and vision coverage with industry-leading provider networks
Enhanced wellbeing support including BMS Living Life Better program
Competitive 401(k) with company matching
Extensive paid time off including 120 hours vacation and global shutdown days
Progressive family care benefits including fertility, adoption and surrogacy support
Professional development through tuition reimbursement
Flexible hybrid work arrangements
Comprehensive disability and life insurance coverage

Key Responsibilities

Lead strategic procurement initiatives for R&D categories across multiple therapeutic areas
Develop and implement innovative sourcing strategies while maintaining quality standards
Drive supplier relationship management programs and performance metrics
Partner with R&D business units to align procurement strategies with research objectives
Direct and mentor sourcing professionals in category management best practices
Execute critical R&D agreements and manage risk assessment
Monitor market trends and emerging technologies to inform stakeholder decisions

Requirements

Education

B.S./B.A. required; M.S./M.B.A. preferred

Experience

Minimum of five (5) years of business experience

Required Skills

Strategic procurement expertise R&D industry knowledge Strong negotiation abilities Project management Cross-functional leadership Ariba system & Icertis proficiency Business partnership capabilities Analytical thinking
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Sauge AI Market Intelligence

Industry Trends

The pharmaceutical R&D procurement landscape is experiencing significant transformation due to increased focus on specialized therapies and digital health integration Growing emphasis on strategic sourcing partnerships rather than traditional vendor relationships in biotech R&D Rising importance of digital procurement platforms and data analytics in decision-making

Salary Evaluation

The offered salary range of $144,000-$180,000 is competitive for senior procurement roles in pharma R&D, particularly given BMS's market position. Top performers with advanced degrees could command up to $200,000 base salary plus bonuses.

Role Significance

Typically leads a team of 3-5 procurement professionals while coordinating with multiple cross-functional teams
This is a strategic leadership position with significant influence on R&D efficiency and innovation capability through procurement optimization

Key Projects

Development and implementation of novel category strategies for emerging therapeutic areas Digital transformation of procurement processes Strategic supplier partnership programs Cost optimization initiatives across R&D operations

Success Factors

Deep understanding of pharmaceutical R&D processes and supplier landscape Ability to balance innovation support with cost management Strong stakeholder management across complex matrix organization Strategic thinking with operational excellence

Market Demand

High demand position due to increasing complexity of R&D procurement in pharma and limited pool of candidates with both technical and strategic sourcing expertise

Important Skills

Critical Skills

Category strategy development specifically for R&D services Stakeholder management in scientific environment Strategic sourcing in specialized research markets

Beneficial Skills

Digital procurement platform expertise Change management capabilities Scientific background or understanding

Unique Aspects

Rare combination of technical R&D knowledge and strategic procurement expertise required
Direct impact on research efficiency and innovation capability
Opportunity to influence next-generation therapeutic development through procurement strategy

Career Growth

Typical progression to director level within 3-5 years with demonstrated strategic impact

Potential Next Roles

Director of Global R&D Procurement Head of Research Operations VP of Supply Chain Strategy

Company Overview

Bristol-Myers Squibb

Bristol-Myers Squibb is a leading global biopharmaceutical company with a strong focus on innovative therapies and significant R&D investments

Among top 10 pharmaceutical companies globally with strong financial performance and growing oncology portfolio
Major presence in Princeton area with significant R&D operations and corporate functions
Innovation-focused culture with emphasis on work-life balance and professional development
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