Sourcing Manager, Procurement (Hybrid)
MSDAbout the role
Job Description
Position Description:
Sourcing Manager, Procurement
The Strategic Sourcing Manger is responsible for all Procurement related activities supporting the strategic analysis of suppliers, supply markets, and supply chains within the Global Medical & Scientific Affairs (GMSA) area of the Research & Development Sourcing & Procurement organization.
This role will take an active leadership role in the development of procurement strategies, global category management, contract management, risk management, stakeholder management and supplier value management within this category. The selected candidate will be responsible for ensuring that all sourcing strategies are compliant and follow Global Procurements’ Sourcing Management Process (SMP) and will prepare and conduct pre-negotiation planning, live negotiations, provide contracting support as well as lead and conduct requests for proposals (RFP), requests for quotations (RFQ), quotation analysis, and cost modeling.
This role will report directly to the category lead (Associate Director).
The Sourcing Manager is responsible for defining sourcing strategies for medical and scientific affairs services in support of our Company’s product portfolio and pipeline.
The role will need to interact effectively with senior leaders within our Company’s Global Medical and Scientific Affairs (GMSA) division to ensure alignment with and delivery of business objectives. The selected candidate will be responsible for ensuring that all sourcing strategies are compliant and follow Global Procurement’s SOPs.
This role specifically will focus on the strategic procurement of services:
Serve as the point of contact for Designated Point of Contact (DPOC). This will require leveraging a global category mindset to identify new technologies and implement strategies to meet local needs and will be inclusive of compliance management and navigating local requirements.
Provide support for scientific medical content development within GMSA by managing the supplier network, measuring, and tracking key performance indicators (KPIs) inclusive of supplier governance. The incumbent will work collaboratively with GSMG and GMSA finance ensuring maximum savings to the organization.
Manage tactical execution by the Central Function Hubs.
Support additional needs across the category as they arise.
Primary activities include, but are not limited to:
Leadership: Accountable for development and implementation of robust sourcing strategies that link to core business deliverables while leveraging knowledge of the marketplace and supplier community. Provide leadership and direction for cross-functional teams. Build high performing engagement models with business units and regions.
Strategy Development/Implementation: Utilizes Sourcing Management Process and other tools and techniques to create breakthrough strategies that deliver quick wins and generate legitimate business value.
Cost Management: Helps drive the control, containment and reduction of costs for our research labs. Implements Supplier Value Management with key suppliers to foster innovation, manage supplier performance and ensure continuous improvement.
Continuous Improvement: Develop and communicate a strategic vision for continuous improvement, aligning procurement processes with organizational goals. Actively engage with stakeholders, gathering feedback and collaborating to optimize processes and enhance supplier performance.
Change Management: Provide strong change leadership, developing strategies and plans to guide procurement-related changes and minimize resistance. Alignment of procurement changes with broader organizational strategies and goals through effective communication and collaboration.
Diversity: Champion inclusive sourcing practices, promoting diversity within the supplier base and engaging with diverse suppliers. Support development of diverse suppliers through mentorship and resources, fostering long-term partnerships.
Category Knowledge: Continuously conduct research and analysis to stay informed about market trends, competitors, and emerging technologies within their assigned procurement categories. Using category knowledge to develop long-term plans, anticipate changes, and align procurement strategies with the organization's goals.
Position Qualifications:
Education Minimum Requirement:
Bachelor's Degree required.
MBA
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