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Sourcing and Procurement Manager

$143k+
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Full-time
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Job Description:

Responsibilities:
  • 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 met.
  • 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.
  • Perform spend analysis for the assigned categories as required.
  • Perform supplier, industry, and market analysis as required.
  • Rationalize the supply base and develop a preferred supplier program. Negotiate long-term preferred agreements with key suppliers.
  • Support other categories (i.e. Corporate Security, Library Services) of Procurement as directed by the supervisor.
  • For specific areas of responsibility, ensure common purchasing standards, formal bidding processes, reviewing requests for proposals (RFPs), mailing RFPs, receiving proposals, working to select preferred providers, awarding work, etc.
  • Identify potential supply risks and take necessary actions to ensure supply continuity.
  • Identify new sources of materials and packaging materials.
  • Using the category management process, segment the supply base and identify key suppliers. Implement a supplier management program as necessary to manage supplier performance.
  • Develop good working relationships with the stakeholders in manufacturing operations and supply chain; understand their long- and short-term business plans and budgets.
  • Act as a liaison between the suppliers and businesses to resolve any issues.
  • Report savings against established savings targets on a periodic basis utilizing the approved savings methodology.
  • Ensure annual savings targets are met.
  • Maximize opportunities in accordance with vendor diversity requirements.
Knowledge, Skills, and Abilities:
  • Pharmaceutical manufacturing experience is required.
  • Working knowledge of Strategic Sourcing and procurement processes.
  • Understanding of pharmaceutical manufacturing and regulatory processes including cGMP.
  • Understanding of pharmaceutical supply chain, quality, and regulatory requirements.
  • Good understanding of the Category Management process.
  • Strong negotiation skills.
  • Strong communication skills and ability to act as a change agent.
  • Be able to work in a cross-functional team and lead sourcing projects.
  • Proven ability to manage multiple tasks and priorities and demonstrate agility around competing priorities.
  • Strategic thinker. Should be able to look at the big picture.
  • Strong analytical skills.
  • Extensive expertise in purchasing and procurement is critical.
Education and Experience:
  • Individuals must have a BA/Client in Business Administration, Finance, or related area.
  • 5-8 years of progressive experience in sourcing & procurement of pharmaceutical direct materials including APIs and excipients, packaging materials, etc.

Last updated on Sep 11, 2023

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