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Sumitomo Pharma

Manager, Strategic Sourcing, R&D

Sumitomo Pharma, Annapolis, Maryland, United States, 21403

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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. For more information on SMPA, visit our website https://www.us.sumitomo-pharma.com or follow us on LinkedIn.

Overview The Strategic Sourcing Manager will drive value for the business by partnering with stakeholders across multiple departments to deliver source-to-contract activities for various R&D services. This role is responsible for negotiating and contracting with the supply base and ensuring alignment with established category strategies and overall business plans.

This role requires an experienced Sourcing/Procurement manager to deliver strategic sourcing, contract management, supplier market intelligence, financial productivity, supplier performance management, and risk mitigation. The Strategic Sourcing Manager must be a change agent, leading by example while remaining in sync with the overarching direction and evolution for the Strategic Sourcing organization. The role requires active category knowledge and change management support that challenges traditional spending behavior, service level definition, and policy setting to enable productivity and efficiency improvements.

The role requires development and execution of Sourcing Category Plans including negotiating and contracting with the vendor base, ensuring alignment with the Strategic Sourcing Category Strategies and overall Business goals & objectives. Strong collaboration with business partners and peers is essential for success. This individual will continually seek out opportunities to be a proactive advisor to the business, while maintaining deep knowledge and expertise in the dynamics of the supply markets and delivery models of suppliers and must be comfortable leading analytics efforts to proactively identify sourcing opportunities.

Essential Functions

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 the functional goals and objectives of the business.

Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities support functional strategies.

Define and implement a strong concept of supplier management that enables a sustainable competitive advantage; maintain focus on supplier risk and performance management.

Maintain knowledge and expertise with various R&D services; effectively negotiate service level agreements/KPIs and understand levers to achieve 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) including bid list generation, requirements, supplier criteria/weighting, cost analysis, business case, and awards.

Maintain sourcing practices in accordance 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.

Qualifications

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 and procurement.

Preference toward experience in [BUSINESS] spend categories. Pharmaceutical, healthcare, medical or life sciences experience is a plus.

Relevant experience: 3–5 years in strategic sourcing and procurement across service categories in the R&D space, preferably with CRO and ancillary vendor contract negotiation and oversight.

Technology: Proficient with contract lifecycle management, e-sourcing, spend analytics, and supplier risk management; strong learning aptitude.

Leadership: ability to contribute to and lead cross-functional teams; strong negotiation, communication, and change management skills.

Analytics: ability to generate spend analysis and translate insights into action plans.

Business partnering: collaborative approach to work with key business leaders.

Fosters change and innovation; seeks solutions to strengthen quality, value, service and efficiency.

Creates value for customers by anticipating market trends and delivering on promises.

Demonstrates business acumen and agility with strategic planning capabilities.

Other requirements CPSM/CPM a plus. Work hours may include meetings outside normal working hours. Travel up to 10%.

Compensation and Benefits The base salary range for this role is $126,200 to $157,800. Base salary is part of a total rewards package including merit-based increases, incentive opportunities, 401(k), medical/dental/vision, life and disability insurances, and leaves as per state law. Benefits, PTO, holidays, sick time, and other elements vary by location.

Disclaimer: This description is not exhaustive. Responsibilities and requirements may evolve and duties may be added or changed as needed.

Compliance and Equal Opportunity Confidential Data : All information encountered is confidential.

Compliance : Maintain compliance with regulatory, legal and operational rules and procedures for SMPA and affiliates.

Sumitomo Pharma America is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration without regard to race, color, creed, religion, national origin, age, sex, gender, disability, veteran status, or any other protected characteristic.

The information above describes the general nature and level of work being performed. It is not intended to be an exhaustive list of all duties and responsibilities.

Company Sumitomo Pharma Co., Ltd. operates globally with key positions in the U.S., Canada and Europe, focused on oncology, urology, women’s health, rare diseases, psychiatry & neurology, and cell & gene therapies, with a diverse product portfolio and advanced technology capabilities. For more information, visit https://www.us.sumitomo-pharma.com.

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