Senior Strategic Sourcing Lead, Site Operations
West Pharmaceutical ServicesAbout the role
Working at West means having an opportunity to work by the side of our patients and customers, our global team members and the communities in which we operate – which all help contribute to a Healthier World.
At West, we are by the side of patients. The work we do impacts patients’ lives each and every day – our products are a critical part of healthcare delivery and we are proud of the role we play to improve patient health. We work by the side of our team members. We come together as one global team to deliver for our customers and help them address their challenges. We are a diverse, close-knit community of professionals, where everyone has a voice and opportunity to learn and grow through mutual trust and respect. With a 95 year plus history, we have a track record for success, which includes reported sales of $2.14B in 2020. We serve by the side of our community. Giving back is in our DNA—our team members across more than 50 sites globally are involved with hundreds of charities that have special meaning to them through our West Without Borders team member-led giving program.
Job Summary:
In this role, you will act as a strategic partner to the local plant Operations Management Team, executes key risk mitigation and quality initiatives, creates value in the supply chain, leads site-specific supplier negotiations, supplier development and provides project management facilitation of supplier related projects. This candidate will establish site-specific sourcing strategies to support New Product Development, cost out or value engineering projects at the Sites level. With limited support by their manager, this position is primarily measured on identifying supply risk and executing risk mitigation strategies, supplier quality improvement initiatives, cost reductions/avoidances achieved, cash flow improvement created, lead time reductions, achievement of sites specific key supplier agreements/relationships, supplier innovations delivered, and accomplishments of site goals that are linked to West Global Strategic Sourcing objectives. This position will report to the Manager Strategic Sourcing, Site Operations.
Essential Duties and Responsibilities:
- Analyze market intelligence & trade reports regarding market trends and communicating potential or imminent problems and opportunities.
- It will be expected for the Senior Strategic Sourcing Lead, Site Operations to keep up with supply market trends, supplier economics, and best practice sourcing.
- Maintain knowledge of and communicate market trends affecting the company related to assigned site commodities.
- Identify, develop, and implement best value source of supply for each commodity under their responsibility.
- Provide in-depth spend analysis, supplier assessments, financial perspective, and initiate requests for competitive bids.
- Responsible for managing key sourcing metrics, including risk mitigation, PPV, cost avoidances, and delta P deflation.
- Develop and implement supplier-specific cost improvement programs yielding at least YOY 5.5% savings.
- Develop metrics for supplier performance and conduct supplier business reviews. Lead supplier based VATF (Value Added Task Force) and OPEX initiatives at the site level.
- Create sourcing presentations for executive review. Prepare annual and quarterly Operations reviews for the executive steering committee.
- Strong partner with Global Category Management Team and help implement strategies at the business-specific site level. Support Site controllers and Category management teams to develop budget standards for assigned raw materials & components.
- Works with Sites Management Team to execute Sourcing strategies related to site operational plan deployment and ensure timely resolution of critical supply issues.
- Site- specific direct material issue resolution. Work with Category Management to understand cost drivers of relevant markets and recommend strategies for improving the overall supply chain value proposition.
- Assess the site supplier base, identify functional management needs, collaborate with the category management team to map strategies, and work with local suppliers to negotiate major RFPs and build appropriate agreements to meet those needs.
- Drive supplier development and operational excellence activities to eliminate waste from the supply chain process.
- Maintains and promotes sound relationships with suppliers, utilizes sound negotiation and value strong analysis skills to reduce overall costs and increase cash flow.
- Works closely with site management to achieve raw material, subassembly and purchased component goods cost reduction and inventory targets through supplier contract terms, supplier negotiations, Vendor Managed Inventory (VMI) strategies and/or utilizing third party lo
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