Job Description
The Data & Analytics (D&A) team sits within the Global Supplier Management Group (GSMG) Business Operations organization and is responsible for supporting the entire GSMG organization with analytics support. The D&A team will work closely with the other key areas of the Business Operations team – Process/Policy, Systems Excellence, Global Sourcing & Contracting, Operational Excellence, and Value Realization.
We are seeking a skilled and motivated Procurement Data Scientist to join our procurement team. As a Procurement Data Scientist, you will play a crucial role in leveraging data analytics and statistical modeling techniques to optimize our procurement processes, enhance supplier selection, and drive cost savings. You will work closely with cross-functional teams, including procurement, finance, and operations, to analyze complex datasets and generate valuable insights that will enable data-driven decision-making in our procurement function.
Key Responsibilities:
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1. Apply data analytics techniques to analyze and interpret procurement data, including supplier performance, spend patterns, and market trends.2. Develop statistical models and forecasting algorithms to optimize procurement strategies, improve sourcing decisions, and identify opportunities for cost savings and process efficiencies.
3. Collaborate with stakeholders to identify key procurement metrics and develop reports and dashboards that provide actionable insights to procurement leadership and stakeholders.
4. Utilize data visualization tools to present findings and recommendations to non-technical audiences, enabling informed decision-making.
5. Conduct market research and analysis to identify potential suppliers, evaluate their capabilities, and support the supplier selection process.
6. Work closely with procurement and finance teams to track and monitor procurement performance against targets, identify deviations, and propose corrective actions.
7. Assist in the development and implementation of procurement data governance policies and standards to ensure data integrity, accuracy, and privacy.
8. Stay abreast of emerging trends and technologies in procurement analytics, and recommend innovative approaches to enhance procurement processes and drive continuous improvement.
9. Collaborate with IT teams to ensure data availability, quality, and integration across procurement systems and databases.
10. Provide support and expertise in procurement-related data projects and initiatives, collaborating with cross-functional teams to deliver high-quality results.
Travel will be required (~15%)
Education and Skills Required
Bachelor's, Master's or Ph.D. degree in a quantitative field such as Data Science, Operations Research, Statistics, or a related discipline.
Minimum Experience Required
Minimum of 2-5 years of relevant delivery of complex analytical projects (industrialized, validated)
Skills/Knowledge Required
Proven experience as a data scientist, analyst, or in a similar role, preferably within the procurement or supply chain domain.
Proficiency in data analysis and manipulation using programming languages such as Python, R, or SQL.
Strong knowledge of statistical modeling, data mining, and machine learning techniques, with experience in applying them to procurement or supply chain datasets.
Familiarity with data visualization tools such as Qlik sense, Power BI, or similar platforms to create insightful and visually appealing reports and dashboards.
Understanding of procurement processes, supplier management, and supply chain principles.
Excellent analytical and problem-solving skills, with the ability to translate complex data into actionable insights and recommendations.
Strong attention to detail and a focus on data accuracy and integrity.
Effective communication skills, with the ability to convey technical concepts to non-technical stakeholders.
Ability to work independently and collaboratively in a fast-paced environment, managing multiple priorities and meeting deadlines.
If you are a dedicated and analytical professional with a passion for procurement and data-driven decision-making, we encourage you to apply for this exciting role. Join our team and contribute to optimizing our procurement processes and driving strategic value through data insights. Together, we will shape the future of procurement excellence.
What we offer:
Exiting work in a great team
Competitive salary
Position in leading global healthcare company
Global projects, international environment
Opportunity to learn and grow professionally within the company globally
Representative office
Wide range of benefits:
Flexible working hours, home office
Yearly Bonus based on company and personal performance
Pension and health insurance contributions
Edenred Benefits + meal vouchers
Internal reward system – INSPIRE – with redeeming option as services, goods or vouchers
Up to date laptop and iPhone mobile device
Who we are …
We are known as Merck & Co., Inc., Rahway, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.
What we look for …
Imagine getting up in the morning for a job as important as helping to save and improve lives around the world. Here, you have that opportunity. You can put your empathy, creativity, digital mastery, or scientific genius to work in collaboration with a diverse group of colleagues who pursue and bring hope to countless people who are battling some of the most challenging diseases of our time. Our team is constantly evolving, so if you are among the intellectually curious, join us—and start making your impact today.
We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.
Current Employees apply HERE
Current Contingent Workers apply HERE
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Employee Status:
RegularRelocation:
No relocationVISA Sponsorship:
NoTravel Requirements:
10%Flexible Work Arrangements:
HybridShift:
Valid Driving License:
Hazardous Material(s):
Required Skills:
Business Intelligence (BI), Database Design, Data Engineering, Data Modeling, Data Science, Data Visualization, Machine Learning, Project Management, Software Development, Stakeholder RelationshipsPreferred Skills:
Algorithms, Algorithms, Business Operations, Communication, Contract Engineering, Creativity, Data Integration, Data Integrity, Data Management, Data Research, Detail-Oriented, Digital Analytics, Finance, Google Analytics, Initiative Activity, IT Procurement, Leadership, Logistics Operations, Market Analysis, Market Research, Organizational Behavior, Performance Analytics, Policy Development, Purchasing Management, SAP Procurement {+ 2 more}
Requisition ID:R246532
