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VP, Global Strategic Sourcing

West Pharmaceutical Services
United Statesfull_timeVerifiedPosted 20 Mar 2024

About the role

 

At West, we’re a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West’s indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?  

 

There’s no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.  

 

We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.  

 

Job Summary:

West is seeking a strategic sourcing Vice President that will be responsible for transforming the organizational framework within Sourcing to provide strategic leadership in building and enhancing best-in-class procurement activities and processes. Reporting to the VP, Global Supply Chain, the VP of Global Strategic Sourcing will continue to develop West’s procurement organization with an emphasis on growing strategic sourcing capabilities and modernizing the function. This role will partner with West’s executives, suppliers, and other key stakeholders to drive value for the company. This leader will operate globally with significant non-US responsibility and oversight. The VP of Global Strategic Sourcing will also own and drive facility and real estate strategies and create solutions in support of business priorities to maximize cost effectiveness. This individual will need to be a strategic leader with the ability to execute at all levels. In this role, you will be expected to strengthen procurement processes, operational tools, operating standards, reporting, sourcing methodologies, supplier qualification/development, and risk management processes. Focuses on the management / development of operational objectives that help achieve the long term organizational strategy.

 

Essential Duties and Responsibilities:

  • Develop and implement a Global Sourcing strategy in alignment with the objectives of the business to add value, mitigate supply chain risk and deliver cost savings
  • Ensure that purchasing strategies and processes are in place to meet business objectives and operational needs in terms of price, quality, and delivery targets, which enables the company to function and compete effectively through leadership & direction
  • Develop and drive integrated category supply chain processes that ensure continuous improvements in supplier quality, cost performance and reporting.
  • Responsible for ongoing management of purchasing strategy and activity and for ensuring optimal supplier performance and price
  • Monitor and advise on any issues which present risk or opportunity to the organization - this may also include suggesting alternative components or vendors.
  • Takes a leadership role owning materials/vendor supply issues and resolutions.
  • Monitor market trends, competitor strategies and market suppliers
  • Provide commercial solutions to operational challenges. Influence and motivate stakeholders, internal and external, to take the best commercial solution.
  • Work collaboratively, negotiate, and engage with key stakeholders to facilitate delivery and compliance with the purchasing strategy
  • Foster collaborative business relationships, understanding business needs to lead major strategic projects and complex contract negotiations with suppliers.
  • Ensure the necessary controls, budgets, policies, and procedures are in place, as well as the approval rules/workflows are operating efficiently.
  • Liaise with legal for the negotiation of large supplier agreements, service agreements and property sale agreements
  • Ensure all agreements comply with the company risk policy, contracting standards and any other company policy including vendor diversity and inclusion objectives
  • Create, develop, and manage global sourcing strategies, policies and procedures
  • Prepare the annual sourcing budget
  • Negotiate contract agreements on behalf of West to mitigate risk and assure product supply
  • Qualify new supplier and facilities through the supplier onboarding process
  • Drive year over year cost savings to continue to drive value for West through supplier innovation and process improvement
  • Business process owner of the procurement process, savings tracking and procurement tools

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Company

West Pharmaceutical Services

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