Strategic Sourcing Manager # 93079
- Contract
Company Description
Job Description
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.