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Director, Project Management- Product Cost Innovation

Thermo Fisher

Director, Project Management- Product Cost Innovation

Thermo Fisher

3 Locations

·

On-site

·

Full-time

·

5d ago

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

As part of the Thermo Fisher Scientific team, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.
What will you do?

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. 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, 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.

  • 10 plus years 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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About Thermo Fisher

Thermo Fisher

Thermo Fisher Scientific Inc. is an American life science and clinical research company. It is a global supplier of analytical instruments, clinical development solutions, specialty diagnostics, laboratory, pharmaceutical and biotechnology services.

10,001+

Employees

Waltham

Headquarters

Reviews

3.9

2 reviews

Work Life Balance

3.5

Compensation

2.5

Culture

3.5

Career

4.0

Management

3.0

65%

Recommend to a Friend

Pros

Large company with extensive resources

Structured internship program

Career opportunities in product management

Cons

Low compensation ($22/hour)

High cost of living in location

Expensive housing/rent

Salary Ranges

2,260 data points

Mid/L4

Mid/L4 · Product Manager

168 reports

$130,313

total / year

Base

$120,231

Stock

-

Bonus

$10,082

$96,041

$178,720

Interview Experience

8 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Offer Rate

12%

Experience

Positive 12%

Neutral 63%

Negative 25%

Interview Process

1

Application Review

2

Recruiter Screen

3

Hiring Manager Interview

4

Panel Interview

5

Final Interview

6

Offer

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit

Industry Specific