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Director, Strategic Initiatives - Cost Engineering
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Overview
Job Description
Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
Thermo Fisher Scientific Inc. stands at the forefront of the scientific industry, surpassing $30 billion in annual revenue. Our primary objective is to empower our customers to contribute to a healthier, cleaner, and safer global environment. Whether our customers are propelling life sciences research, solving intricate analytical dilemmas, enhancing patient diagnostics and therapies, or optimizing productivity in their laboratories, we are committed to offering unwavering support.
Our expansive team of over 125,000 colleagues provides an unparalleled combination of groundbreaking technologies, purchasing options, and pharmaceutical services through our industry-leading brands, such as Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, and Patheon. Embrace the opportunity to join us on our quest to make a meaningful difference in the world!
Director, Strategic Initiatives - Cost Engineering
Thermo Fisher Scientific Inc. is seeking a highly motivated Director of Strategic Initiatives in the Value Assurance group. In this role, you will have the unique opportunity to lead critical initiatives and transformations aimed at driving significant and multi-year cost reduction mandates, product cost-out and value engineering programs, product transfers, network changes, and end-to-end operations transformation across the company. This is a pivotal leadership role that requires a thoughtful, experienced, and proactive leader who can collaborate effectively with various divisions and functional groups.
How will you make an impact?
Lead the framing, identification, prioritization, resourcing, and execution of large-scale programs focused on cost-out, value engineering, product transfers & network changes, quality improvement, supplier sourcing, or delivery initiatives across multiple divisions.
Drive cross-functional teams to achieve project goals, fostering collaboration and continuous improvement.
Build and maintain a project dashboard on key performance indicators, providing regular updates to senior leadership on project status, risks, and expected outcomes.
Champion the adoption of standard methodologies in cost reduction and operational efficiency, sharing knowledge and methodologies across the organization.
Collaborate with the Value Assurance group and its organization partners to establish and refine project selection criteria for annual objective planning.
Lead steering committee meetings to review project progress, address challenges, and ensure strategic alignment.
How will you get here?
Education
Bachelor's degree in Engineering, or a related field preferred; equivalent experience will also be considered. Master's degree or MBA is preferred.
Prior experience in operations strategy, value engineering, or a related field, with a consistent track record in leading cost-out and efficiency improvement initiatives.
Ability to lead cross-functional teams effectively in a matrixed structure.
Consistent record of translating strategic visions into actionable execution plans.
Strong problem-solving skills, with the ability to translate concepts into actionable plans.
Exceptional leadership and team management abilities.
Excellent communication and partner engagement skills.
Experience in strategic program management.
Deep understanding of manufacturing, supply chain, and procurement processes.
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