Strategic Sourcing Manager # 93079

Position : Strategic Sourcing Manager # 93079

Duration: 4 months

Location: Whippany, New Jersey 07981

Requirements:

• BA/BS Degree or equivalent experience.
• Fluent in written and spoken English. A second language will be an advantage.

Experience:

• At least 3 years’ experience with progressively increasing responsibility within a major pharmaceutical company or leading Contract Research Organization.
• The ability to establish strong credibility with both internal and external colleagues and vendors based on previous experience is a pre-requisite.

Competencies:

• A basic understanding of research and development processes, financial management, procurement and purchasing and contract law.
• An understanding of the service supplier industry.
• Negotiation skills are essential to ensure that all contract negotiations are conducted effectively and with consistency within the BHC procurement guidelines.
• Effective communication skills to enable the incumbent to effectively create and maintain alliances with both internal and external colleagues.
• Ability to multi-task, time-manage and use initiative.

Description:

• This position reports into Head of Global Sourcing Area and works within BHC Procurement across legal entities and national boundaries with astrong focus on procurement strategy and service delivery.
• This position would provide contract support within a therapeutic or division specialty.
• This position will also support the identification, selection, and management of suppliers and contracts across the sourcing area.
• Ensuring key needs of project team are met within the global R&D sourcing strategy.
• Develops and maintains constructive relationships with internal personnel/ functions who utilize R&D services.
• Serves as the focal point for incoming information related to a specific sourcing project.
• Contributes to the ongoing process improvement activities within the R&D Sourcing Services area, ensuring compliance with relevant SOPs and processes.

Financial & Performance Management

• Contributing to BHC Procurement savings and synergy targets through effective contract negotiation..
• Ensures contract payment schedules are within R&D sourcing strategy and BHC procurement guidelines.
• Coordinates payment process with key customer and vendor.
• Ensures quality control and quality management throughout the sourcing and contracting function.
• Analyzes, tracks, and utilizes performance data within a centralized repository.

Vendor Selection, Management & Contracting

• Establishes an effective relationship with key service vendors.
• Supports project teams in the identification and selection of vendors through an effective Request for Proposal process.
• Negotiates and executes Letter of Intent, Master Service Agreement attachments and associated appendices, contract and payment schedules, as necessary, with suppliers, in collaboration with legal representatives.
• Ensures the ongoing protection of BHC by identifying risks andrisk mitigation processes within all contracts.
• Facilitates contract re-negotiations according to changes in scope and execute contract amendments.
• Mediates and facilitates resolution of project-related issues between vendor and project team.
• Evaluates service provided by vendors based on delivery, budget and quality parameters.
• Maintains awareness of vendor market.
• Value added to the success of the company - what are the main objectives of the function?
• The incumbent must ensure that services are purchased at the appropriate price. - Appropriate and effective selection and management of vendors will contribute to both cost savings and also positively impact NDA submission timelines and subsequent product launches.
• This effectiveness is measured by ongoing Key Performance Indicators and benchmarks.
• The incumbent must facilitate both internal and external relationships – using tactful and diplomatic strategies to result in a win-win situation for both internal and external challenges.
• Negotiation of project-specific contracts – ongoing liaison with suppliers, as well as with internal procurement and legal colleagues.
• Contribution context (Multiple choice of a pick list + free text with limited characters)
• Establishing contract language approved by legal as well as implementing sound and reasonable payment terms.
• Negotiating vendor budgets including specific line item detail.
• Make objective and constructive contributions to the selection and management of vendors.