Sumitomo Pharma
Overview
Sumitomo Pharma Co., Ltd. is a global pharmaceutical company based in Japan with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.) and Europe (Sumitomo Pharma Switzerland GmbH) focused on addressing patient needs in oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. With several marketed products in the U.S., Canada, and Europe, and a diverse pipeline of early- to late-stage assets, we aim to accelerate discovery, research, and development to bring novel therapies to patients sooner. Job Description for a Strategic Sourcing Manager in SMPA. Responsibilities
Manage strategic sourcing, contract management, supplier market intelligence, financial productivity, supplier performance management, and risk mitigation across various R&D services.
Develop and implement sourcing category strategies that align with functional goals and business objectives.
Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities support functional strategies.
Define and implement supplier management to enable a sustainable competitive advantage; focus on supplier risk and performance management.
Maintain knowledge and expertise with various R&D services; negotiate SLAs/KPIs and leverage levers to achieve optimal value.
Negotiate and redline service contracts and statements of work using a contract management platform.
Generate sourcing insights using spend analytics, industry intelligence, and benchmarking data.
Lead end-to-end competitive sourcing activities (RFx): bid list generation, requirements, supplier criteria, cost analysis, business case, and awards.
Maintain sourcing practices in line with corporate ethics, financial policy, and internal control requirements.
Pursue ongoing development of relevant skills, including data-driven insights, business partnering, change and project management, category management, and strategic sourcing to realize optimal results.
Knowledge and Skills
Education & Experience Bachelor’s degree required; MBA or other advanced degree preferred.
Minimum 8–12 years (without Master’s) or 6–8 years (with Master’s) of relevant experience in strategic sourcing & procurement.
Preference toward experience in [BUSINESS] spend categories.
Pharmaceutical, Healthcare, Medical or Life Sciences experience a bonus.
Relevant experience: 3–5 years in strategic sourcing & procurement across service categories in the R&D space, preferably with CRO and ancillary vendor contract negotiation and oversight responsibilities.
Technology: Proficient with contract lifecycle management, e-sourcing, spend analytics, and supplier risk management; strong learner mindset.
Leadership: ability to contribute to and lead cross-functional teams; strong negotiation, communication, and change management skills.
Analytics: able to generate spend analysis and translate insights into action plans.
Business Partnering: collaborative approach with key business leaders.
Fosters Change and Innovation: challenges the status quo and supports others in doing so.
Creates Value for Customers: anticipates market trends and delivers on promises.
Demonstrates Business Acumen and Agility: understands business specifics and engages in planning.
Other requirements (licenses, certifications, specialized training, and physical or mental abilities): CPSM/CPM a plus. Travel up to 10%.
Compensation and Benefits
The base salary range for this role is $83,622 to $104,528. This is part of a total rewards package including merit-based increases, eligibility for our 401(k) plan, medical/dental/vision, life and disability insurances, and leaves. Includes a robust time-off policy with flexible PTO, holidays, and sick time. Compliance and Equal Opportunity
Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration without regard to protected characteristics as defined by law. All information is kept confidential and employees must maintain compliance with applicable regulatory, legal and operational rules and procedures. Disclaimer: The statements describe the general nature of work; not an exhaustive list of responsibilities. Some duties may be required outside of normal responsibilities as needed.
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Sumitomo Pharma Co., Ltd. is a global pharmaceutical company based in Japan with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.) and Europe (Sumitomo Pharma Switzerland GmbH) focused on addressing patient needs in oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. With several marketed products in the U.S., Canada, and Europe, and a diverse pipeline of early- to late-stage assets, we aim to accelerate discovery, research, and development to bring novel therapies to patients sooner. Job Description for a Strategic Sourcing Manager in SMPA. Responsibilities
Manage strategic sourcing, contract management, supplier market intelligence, financial productivity, supplier performance management, and risk mitigation across various R&D services.
Develop and implement sourcing category strategies that align with functional goals and business objectives.
Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities support functional strategies.
Define and implement supplier management to enable a sustainable competitive advantage; focus on supplier risk and performance management.
Maintain knowledge and expertise with various R&D services; negotiate SLAs/KPIs and leverage levers to achieve optimal value.
Negotiate and redline service contracts and statements of work using a contract management platform.
Generate sourcing insights using spend analytics, industry intelligence, and benchmarking data.
Lead end-to-end competitive sourcing activities (RFx): bid list generation, requirements, supplier criteria, cost analysis, business case, and awards.
Maintain sourcing practices in line with corporate ethics, financial policy, and internal control requirements.
Pursue ongoing development of relevant skills, including data-driven insights, business partnering, change and project management, category management, and strategic sourcing to realize optimal results.
Knowledge and Skills
Education & Experience Bachelor’s degree required; MBA or other advanced degree preferred.
Minimum 8–12 years (without Master’s) or 6–8 years (with Master’s) of relevant experience in strategic sourcing & procurement.
Preference toward experience in [BUSINESS] spend categories.
Pharmaceutical, Healthcare, Medical or Life Sciences experience a bonus.
Relevant experience: 3–5 years in strategic sourcing & procurement across service categories in the R&D space, preferably with CRO and ancillary vendor contract negotiation and oversight responsibilities.
Technology: Proficient with contract lifecycle management, e-sourcing, spend analytics, and supplier risk management; strong learner mindset.
Leadership: ability to contribute to and lead cross-functional teams; strong negotiation, communication, and change management skills.
Analytics: able to generate spend analysis and translate insights into action plans.
Business Partnering: collaborative approach with key business leaders.
Fosters Change and Innovation: challenges the status quo and supports others in doing so.
Creates Value for Customers: anticipates market trends and delivers on promises.
Demonstrates Business Acumen and Agility: understands business specifics and engages in planning.
Other requirements (licenses, certifications, specialized training, and physical or mental abilities): CPSM/CPM a plus. Travel up to 10%.
Compensation and Benefits
The base salary range for this role is $83,622 to $104,528. This is part of a total rewards package including merit-based increases, eligibility for our 401(k) plan, medical/dental/vision, life and disability insurances, and leaves. Includes a robust time-off policy with flexible PTO, holidays, and sick time. Compliance and Equal Opportunity
Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration without regard to protected characteristics as defined by law. All information is kept confidential and employees must maintain compliance with applicable regulatory, legal and operational rules and procedures. Disclaimer: The statements describe the general nature of work; not an exhaustive list of responsibilities. Some duties may be required outside of normal responsibilities as needed.
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