Senior Specialist, Procurement

Job Description

Job Description

Our company is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where our company has codified its legacy for over a century. Our company’s success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.

Our ability to excel depends on the integrity, knowledge, imagination, skill and teamwork of an individual like you. To this end, we strive to create an environment of mutual respect, encouragement and teamwork. As part of our global team, you will have the opportunity to collaborate with talented and dedicated colleagues while developing and expanding your career.

Direct Materials Procurementis responsible for the development and implementation of all supplier management strategies and initiatives, improving supply chain resiliency, and driving improvements in cost, supplier performance and working capital, in support of manufacturing and supply of our company products.

Strategic Supplier Management is a rigorous, data-driven methodology which relies upon high quality market intelligence for suppliers, supply markets and supply chains, as well as strategic analysis and reporting of internal business requirements, supplier performance, spend and savings data.

The successful candidate will actively engage in the interphase between our Research & Development Division and our Manufacturing Division by providing supporting strategic sourcing solutions during the development of new Pipeline Products along with support of commercial products.

The successful candidate will be responsible for the gathering, creating, delivering, tracking, analyzing, modeling, and managing data for various strategic initiatives within Small, Large Molecules area of Direct Materials Procurement. The candidate will also support bioconjugates and antibody drug conjugates. Will enable progress on projects and procurement organizational objectives and accelerate organizational performance through effective project management and communications, strategy execution, and focused team performance.

General Responsibilities:

• Responsible to collect and present market trends and dynamics, competitive environment and industry best practices in order to assist in the creation of the sourcing strategy.
• Collaborate along with other key functions - the overall sourcing strategy and ensure seamless execution across all modalities until launch + 2 years.
• Support strategic and operating objectives for the procurement function including, supply risk management, supplier performance improvement, cost reduction, early sourcing execution to support pipeline programs, new material introduction, and the qualification of alternate sources to strengthen supply continuity, working capital improvement, and supplier relationship management.
• Work with cross functional teams including Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
• Conduct detailed market analyses looking at facts and data with the objective of providing deep and meaningful insights
• Execute early stage sourcing/procurement strategies and implement New Product Introduction (NPI) playbook/process/tools.
• Support selection of suppliers and/or new materials/components for pipeline programs and inline products to ensure savings and supply readiness.

Additional responsibilities are as follows:

• Supplier and Supply Market Analysis – To conduct rigorous market intelligence and detailed supplier and supply market analyses, to provide deep and meaningful insight to sourcing teams.
• Cost Modeling / Cost reduction – To construct detailed cost models/purchase price analysis of goods and services that are supplied to our company. At times, this will require supplier visits to create a complete understanding of the cost structure of suppliers and develop cost reduction opportunities.
• Strategic Analysis – To conduct project analysis which transforms information into insightful, well-structured breakthrough options and opportunities. Examples include Portfolio Analysis, Supplier Preferencing, and Day One Sourcing.
• Negotiation Planning – To create detailed pre-negotiation plans, to support and participate in prolonged negotiation sessions with suppliers and to conduct post negotiation debriefs and follow through plans.
• Sourcing – To create and execute RFIs, RFPs, and e-Auctions, together with subsequent structured information analysis wherever possible using electronic procurement processes.
• Risk Assessment and Mitigation – To conduct effective risk assessment (including Financial Solvency Analysis, compliance with FCPA, Business Partner Code of Conduct, etc.) and establish appropriate risk mitigation plans within the supply-base pursuant to our company Manufacturing Division's risk management framework.

…