Executive Director, Product Development, Analytical Services & Direct Material
Bristol Myers Squibb
This listing was originally posted on Bristol Myers Squibb's careers page. Formulate is an equal opportunity job aggregator and is not involved in the hiring process. Where salary information is estimated, it is derived from BLS industry benchmarks and may differ from actual compensation.
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Upgrade to Pro — $25/moAt Bristol Myers Squibb, our employees often ask, “Who are you working for?”—a question that fuels collaboration, accountability, and urgency in our work. Our purpose-driven culture inspires us to discover, develop, and deliver innovative medicines to prevail over serious diseases. We offer uniquely interesting and meaningful work, opportunities for growth, and a supportive environment that values inclusion, wellbeing, flexibility, and comprehensive benefits. This is work that transforms the lives of patients, and the careers of those who do it.
ED Product Development, Analytical Services & Direct Material
Reports to: Vice President, PDS Procurement
Team: Approximately 5 direct reports, with a total team of approximately 25 FTEs.
Location: New Brunswick, New Jersey; Princeton, New Jersey
Out of scope: Site Procurement / Site Manufacturing Operations and End-to-End Logistics, which report directly to the Vice President, PDS Procurement.
Position Summary:
Bristol Myers Squibb (BMS) is seeking an exceptional leader for the position of Executive Director, Product Development, Analytical Services & Direct Material, within PDS Procurement. The role brings Product Development, Analytical Services and Direct Materials Procurement together under a single leader, spanning market-facing spend of approximately $1B across the end-to-end product lifecycle, from early development through commercial manufacturing.
PDS Procurement 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, you will lead the integration of Direct Materials Procurement into the existing Product Development & Analytical Services organization, harmonizing category strategies, governance, and ways of working across Product Development, Analytical Services, and Direct Materials. You will ensure delivery of category value targets, as agreed with finance and business stakeholders and endorsed by the PDS Procurement Leadership Team (SLT), and will be expected to be a credible leader and value-adding business partner to senior stakeholders at the VP and Senior VP levels.
In collaboration with the SLT and business stakeholders, the Executive Director will lead the development, implementation, and maintenance of formalized category management structures and methods across all three sub-categories. This includes ensuring effective supplier relationship management, including with small business suppliers, to drive performance delivery, continuous improvement, and access to innovation. By applying rigorous category management tools, systems, and techniques, the Executive Director will deliver measurable business value, both operational and financial, while ensuring the combined team operates as a single, cohesive function.
Additionally, you will take personal ownership of the largest and/or most complex supplier arrangements across the combined portfolio and provide subject matter expertise to your extended team on other supply and commercial conditions.
Competencies/Skills:
Responsibilities include:
Organizational Leadership & Team Integration
Strategic Sourcing and Category Management
Supplier Performance and Risk Management
Cost Management and Savings
Cross-Functional Collaboration
Governance and Compliance
Leadership and Team Development
Innovation and Continuous Improvement
Stakeholder Engagement and Communication
Qualifications include:
Education:
Experience:
Travel Requirements:
Onsite Requirements:
We hire for skills and capabilities, not just credentials – if this role excites you, but doesn’t perfectly match your resume, we encourage you to apply anyway.
Compensation Overview:
The starting pay range(s) listed above is for full-time employees (FTE). You may also be eligible for additional discretionary incentive cash and stock opportunities. We determine starting pay thoughtfully – carefully considering the nature of the role, required skills, work location, schedule and the knowledge and experience you bring. Final compensation is guided by pay equity principles and applicable employment laws. Compensation programs are reviewed on an ongoing basis and may be adjusted over time to reflect evolving market factors, and individual, team or Company performance.
Benefits:
Subject to the terms and conditions of the applicable plans then in effect, you may be eligible to participate in our comprehensive benefit plans – including wellbeing support, retirement and financial protection benefits, and insurance offerings (medical, dental, vision, life and disability).
U.S.-based exempt employees are eligible for Flexible Time Off (FTO), which provides paid time off without a set accrual limit, subject to manager approval, along with 11 paid company holidays each year.
Non-exempt employees, RayzeBio employees, and employees located in Puerto Rico receive 160 hours of paid vacation annually for new hires (subject to manager approval), 11 paid company holidays, and 3 optional holidays.
Depending on eligibility, employees may also have access to additional time-off benefits, including paid sick leave, up to two paid volunteer days per year, summer hours flexibility, and leaves of absence for medical, personal, parental, caregiver, bereavement, or military needs. Eligible employees also enjoy an annual Global Shutdown between Christmas Day and New Year's Day.
U.S.-based job seekers can explore full benefit offerings at https://careers.bms.com/benefits
How We Work
Where you work matters – because collaboration, innovation and patient impact happen in many settings. Our roles are structured across four work models: site-essential, site-by-design, field-based and remote-by-design. The model assigned to this role is based on its core responsibilities. Learn more at https://careers.bms.com/ways-of-working.
Supporting People with Disabilities
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.
Candidate Rights
BMS will consider qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.
For roles based in Los Angeles County only: If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/
Data Protection
We will never request payments, financial information, or social security numbers during our application or recruitment process. Learn more about protecting yourself at https://careers.bms.com/fraud-protection.
Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.
If this posting is missing required information required by local law or incorrect, contact BMS at TAEnablement@bms.com with the Job Title and Requisition number. Do not send application-related inquiries to this email. To check your application status, please login to your Candidate Home Account.
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