Manager, Strategic Sourcing, R&D/TOQ

Sumitomo Pharma Co., Ltd. is a global pharmaceutical company based in Japan with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.) and Europe (Sumitomo Pharma Switzerland GmbH) focused on addressing patient needs in oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. With several marketed products in the U.S., Canada, and Europe, and a diverse pipeline of early- to late-stage assets, we aim to accelerate discovery, research, and development to bring novel therapies to patients sooner. For more information on SMPA, visit our website https://www.us.sumitomo-pharma.com or follow us on LinkedIn.

Job Duties and Responsibilities

• Manage strategic sourcing, contract management, supplier market intelligence, financial productivity, supplier performance management, and risk mitigation across various sourcing categories.

• Develop and implement sourcing category strategies that align with those of the functional goals & objectives for the business

• Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities effectively support functional strategies

• Define and implement a strong concept of supplier management that enables a sustainable competitive advantage; maintain focus on supplier risk and performance management

• Maintain knowledge and expertise with various sourcing categories.  Effectively negotiate service level agreements/key performance indicators, and deep understanding of levers to achieve optimal value

• Negotiate and redline service contracts and statements of work, utilizing a contract management platform

• Generate sourcing insights utilizing spend analytics, industry intel and benchmarking dataClick or tap here to enter text.

• Lead end-to-end competitive sourcing activities (RFx) to include; bid list generation, requirements, supplier selection criteria/weighting, cost analysis, business case and award notification

• Maintain sourcing practices that are in accordance with corporate ethics, financial policy, and internal control requirements

• Pursue ongoing development of relevant skills, including learning agility, using data to provide insights, business partnering, change and project management, category management and strategic sourcing to realize optimal results 

Essential Functions Required for Job

Knowledge and skills indicate the education level, previous experience, specific knowledge, skills, and abilities necessary to meet the minimum requirements for this position.

Technology: Capable with common sourcing platforms including contract lifecycle management, e-sourcing, spend analytics, and supplier risk management.  A strong desire and innate capability to learn.

Leadership: effectively contribute to and lead cross-functional teams, excellent written and verbal skills, strong negotiation skills, interpersonal skills, problem solving, effectively communicate/influence/manage change, anticipate and respond to change with ease and agility, seek solutions to strengthen quality/value/service/efficiency.

Analytics: Has an analytical mind and is comfortable generating spend analysis to drive opportunity insights. Can translate insights into action plans.

Business Partnering: Demonstrate a collaborative and consultative approach to foster meaningful relationships with key business leaders. 

Fosters Change and Innovation: Seek solutions that strengthen quality, value, service, and effectiveness.  Respectfully challenge the way “things are done” and supports others in doing so.

Creates Value for Customers: Anticipate and respond to market trends and opportunities. 

Demonstrates Business Acumen and Business Agility: Understanding of business specifics and engage in effective operational and strategic planning.

Education and Experience

• Bachelor’s Degree, MBA or other advanced degree preferred.
• Relevant experience: 3-5 ye