Senior Specialist, Global Procurement

About this role

Job Description

Senior Specialist, New Product Introductions   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 Procurement- New Product Introduction  is 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 engaged in the interphase between our Research and Development Division and our Manufacturing Division by providing supporting strategic sourcing solutions during the development of new Pipeline 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 product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier development, 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 • Implement procurement strategies and execute tactical procurement processes. Serve as a resource regarding processes, procedures and systems for procurement function. • Support selection of suppliers to ensure appropriate savings and service levels. Ensure that all legal contract requirements are met. Manage relationships with selected external contacts to ensure optimal team performance. • Enforce compliance with all Global Procurement policies and procedures by using a data driven business case approach.

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. • Financial Analysis & Reporting – To prepare analysis and reporting of category spend, savings, compliance, and other metrics. To support the annual budget / profit planning process for the category at the global level. To maintain financial reporting and management systems (including SAP) with up-to-date data on an ongoing basis. • 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.  • Category Team Membership – To be an active member of one or more category teams using the techniques and content created in above as input in the creation of breakthrough strategies delivering cost reduction targets. • Sharing of Learnings – The candidate will be expected to generate high quality work and to share and transfer this to colleagues throughout Global Supplier Management Group (GSMG)

Education Minimum Requirement: • Master’s degree in En

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