Director, Strategic Initiatives - Cost/Value Engineering

at  Thermo Fisher Scientific

DIRECTOR, STRATEGIC INITIATIVES - COST ENGINEERING

Thermo Fisher Scientific Inc. is seeking a highly motivated and experienced 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.

QUALIFICATIONS:

• Prior experience in operations strategy, value engineering, or a related field, with a consistent track record in leading cost-out and efficiency improvement initiatives. A minimum of 10 years experience.
• Bachelor’s degree in Engineering, or a related field; equivalent experience will also be considered. Master’s degree or MBA is preferred.
• 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 complex 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.
  Join Thermo Fisher Scientific and be part of a world-class team that is dedicated to making a difference in the world. We offer competitive remuneration, annual incentive plan bonus, healthcare, and a range of employee benefits. Experience an exciting company culture that stands for integrity, intensity, involvement, and innovation.

• 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 a culture of 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.