Sumitomo Pharma
Overview
Sumitomo Pharma Co., Ltd. is a global pharmaceutical company with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.), and Europe (Sumitomo Pharma Switzerland GmbH). Our focus is on oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. We pursue a diverse pipeline of early- to late-stage assets to accelerate discovery, research, and development to bring novel therapies to patients sooner. For more information on SMPA, visit our website or follow us on LinkedIn. Job Description: 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 negotiates and contracts with the supply base, 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 aligning with the Strategic Sourcing organization’s direction and evolution. The role requires active category knowledge and change management support to challenge 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 opportunities to be a proactive advisor to the business, while maintaining deep knowledge of supply markets and delivery models of suppliers and leading analytics efforts to proactively identify sourcing opportunities. Essential Functions/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 the functional goals & objectives of the business.
Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities support functional strategies.
Define and implement supplier management to enable sustainable competitive advantage; focus on supplier risk and performance management.
Maintain knowledge and expertise with various R&D services. Negotiate service level agreements / key performance indicators and leverage levers to achieve optimal value.
Negotiate and redline service contracts and statements of work, utilizing a contract management platform.
Generate sourcing insights using spend analytics, industry intel, and benchmarking data.
Lead end-to-end competitive sourcing activities (RFx) including bid list generation, requirements, supplier selection criteria, cost analysis, business case, and award notification.
Maintain sourcing practices in accordance with corporate ethics, financial policy, and internal control requirements.
Pursue ongoing development of relevant skills, including learning agility, data-driven insights, business partnering, change and project management, category management, and strategic sourcing to achieve 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 with Strategic Sourcing & Procurement across a range of service categories in the R&D space, preferably with CRO and ancillary vendor contract negotiation and oversight responsibilities. Pharmaceutical, Healthcare, Medical or Life Sciences industry experience a bonus.
Technology:
Proficiency with contract lifecycle management, e-sourcing, spend analytics, and supplier risk management. Willingness to learn and adapt.
Leadership:
Ability to 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 to foster relationships with key leaders.
Fosters Change and Innovation:
Challenges the status quo and supports others in improvement efforts.
Creates Value for Customers:
Anticipates market trends and delivers on promises.
Demonstrates Business Acumen and Agility:
Understands business specifics and engages in strategic planning.
Other requirements
(licenses, certifications, specialized training, and physical or mental abilities required): CPSM/CPM a plus. Work hours may include meetings outside normal hours. Travel up to 10%. The base salary range for this role is $126,200 to $157,800. This base salary is part of our total rewards package which also includes merit-based salary increases, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances, and leaves. Our time-off policy includes flexible paid time off, 11 paid holidays, additional time off during a year-end shutdown, and paid sick time as described. Total compensation will depend on candidate experience and skills. Disclaimer: This description covers the general nature and level of work and is not intended to be an exhaustive list of responsibilities. All personnel may be required to perform duties outside of their normal responsibilities as needed. Confidential Data : All information encountered is considered confidential. Compliance : Achieve and maintain compliance with all applicable regulatory, legal and operational rules and procedures. 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. It is lawful and standard for SMPA reinforcing equal opportunity and a safe, inclusive workplace.
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Sumitomo Pharma Co., Ltd. is a global pharmaceutical company with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.), and Europe (Sumitomo Pharma Switzerland GmbH). Our focus is on oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. We pursue a diverse pipeline of early- to late-stage assets to accelerate discovery, research, and development to bring novel therapies to patients sooner. For more information on SMPA, visit our website or follow us on LinkedIn. Job Description: 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 negotiates and contracts with the supply base, 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 aligning with the Strategic Sourcing organization’s direction and evolution. The role requires active category knowledge and change management support to challenge 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 opportunities to be a proactive advisor to the business, while maintaining deep knowledge of supply markets and delivery models of suppliers and leading analytics efforts to proactively identify sourcing opportunities. Essential Functions/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 the functional goals & objectives of the business.
Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities support functional strategies.
Define and implement supplier management to enable sustainable competitive advantage; focus on supplier risk and performance management.
Maintain knowledge and expertise with various R&D services. Negotiate service level agreements / key performance indicators and leverage levers to achieve optimal value.
Negotiate and redline service contracts and statements of work, utilizing a contract management platform.
Generate sourcing insights using spend analytics, industry intel, and benchmarking data.
Lead end-to-end competitive sourcing activities (RFx) including bid list generation, requirements, supplier selection criteria, cost analysis, business case, and award notification.
Maintain sourcing practices in accordance with corporate ethics, financial policy, and internal control requirements.
Pursue ongoing development of relevant skills, including learning agility, data-driven insights, business partnering, change and project management, category management, and strategic sourcing to achieve 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 with Strategic Sourcing & Procurement across a range of service categories in the R&D space, preferably with CRO and ancillary vendor contract negotiation and oversight responsibilities. Pharmaceutical, Healthcare, Medical or Life Sciences industry experience a bonus.
Technology:
Proficiency with contract lifecycle management, e-sourcing, spend analytics, and supplier risk management. Willingness to learn and adapt.
Leadership:
Ability to 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 to foster relationships with key leaders.
Fosters Change and Innovation:
Challenges the status quo and supports others in improvement efforts.
Creates Value for Customers:
Anticipates market trends and delivers on promises.
Demonstrates Business Acumen and Agility:
Understands business specifics and engages in strategic planning.
Other requirements
(licenses, certifications, specialized training, and physical or mental abilities required): CPSM/CPM a plus. Work hours may include meetings outside normal hours. Travel up to 10%. The base salary range for this role is $126,200 to $157,800. This base salary is part of our total rewards package which also includes merit-based salary increases, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances, and leaves. Our time-off policy includes flexible paid time off, 11 paid holidays, additional time off during a year-end shutdown, and paid sick time as described. Total compensation will depend on candidate experience and skills. Disclaimer: This description covers the general nature and level of work and is not intended to be an exhaustive list of responsibilities. All personnel may be required to perform duties outside of their normal responsibilities as needed. Confidential Data : All information encountered is considered confidential. Compliance : Achieve and maintain compliance with all applicable regulatory, legal and operational rules and procedures. 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. It is lawful and standard for SMPA reinforcing equal opportunity and a safe, inclusive workplace.
#J-18808-Ljbffr