Why should you be interested in this opportunity?
- Privately held pharmaceutical company that has been in business for over 100 years.
- Newly created mission statement with an emphasis on community involvement & development.
- Exposure to C-Suite Executives and the opportunity to learn from leaders in their space.
- Strong leadership team that emphasizes mentorship and professional development.
- Great work/life balance including a 4-day work week.
- Clear growth trajectory for hard-working individuals.
- Collaborative team that fosters an environment with open communication.
About the role:
The Manager, Strategic Sourcing and Procurement is responsible for managing a broad, high-level approach to sourcing, incorporating business and corporate objectives, and maximizing vendor value including the sourcing and procurement activities for the assigned Direct Materials categories of spend. The individual must meet financial performance expectations, exceed customer requirements, and create value for business partners while facilitating continuous process improvement and challenging the status quo.
Responsibilities:
- The Manager of Strategic Sourcing and Procurement will proactively work with the Manufacturing Operations and Supply Chain to identify their sourcing needs and develop and implement sourcing strategies to ensure those needs are
- Partner with the Associate Director on the preparation, negotiation (T&C, budget, payment terms), execution, compliance and administration of vendor selection and contractual agreements in support of, ensuring adherence to the outsourcing strategy, company policies and procedures, in collaboration with, finance and legal.
- The Manager of Strategic Sourcing and Procurement will perform spend analysis for the assigned categories as
- Perform supplier, industry and market analysis as
- Rationalize the supply base and develop preferred supplier Negotiate long-term preferred agreements with key suppliers.
- Support other categories (ie. Corporate Security, Library Services) of Procurement as directed by supervisor.
- For specific areas of responsibility, ensure common purchasing standards, formal bidding processes, reviewing request for proposals ("RFP's"), mailing RFP's, receiving proposals, working to select preferred providers, awarding work, etc.
- The Manager of Strategic Sourcing and Procurement will identify potential supply risks and take necessary actions to ensure supply Identify new sources of materials and packaging materials.
- Using the category management process, segment the supply base and identify key suppliers. Implement supplier management program as necessary to manage supplier performance
- The Manager of Strategic Sourcing and Procurement will develop good working relationship with the stakeholders in manufacturing operations and supply chain; understand their long- and short-term business plans and budgets.
- The Manager of Strategic Sourcing and Procurement will act as a liaison between the suppliers and businesses to resolve any
- Report savings against established savings targets on a periodic basis utilizing the approved savings methodology. Ensure annual savings targets are met.
- The Manager of Strategic Sourcing and Procurement will maximize opportunities in accordance with vendor diversity
Desired Qualifications:
- BA/BAS in Business Administration, Finance, or related
- 5-8 years of progressive experience in sourcing & and procurement of pharmaceutical direct materials preferred.
- Pharmaceutical manufacturing experience
- Working knowledge of Strategic Sourcing and procurement processes
- Working knowledge of SAP, Ariba/Zycus P2P, Spend Analytics tools, eSourcing, SRM and Microsoft Office tools.