Sumitomo Pharma
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 at www.us.sumitomo-pharma.com 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 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; focus on supplier risk and performance management.
Maintain knowledge and expertise with various R&D services. Effectively negotiate service level agreements/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 utilizing spend analytics, industry intel and benchmarking data.
Lead end-to-end competitive sourcing activities (RFx) including bid list generation, requirements, supplier selection criteria/weighting, 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, using data to provide insights, business partnering, change and project management, category management and strategic sourcing to realize optimal results.
Knowledge and Skills Knowledge and skills indicate the education level, previous experience, specific knowledge, skills, and abilities necessary to meet the minimum requirements for this position.
Education & Experience
Bachelor’s degree required; MBA or other advanced degree preferred.
Minimum 8 – 12 years (w/o Master’s) or 6 – 8 years (with Master’s) of relevant experience in strategic sourcing & procurement.
Preference toward experience in a business spend category.
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. A strong willingness to learn.
Leadership: Ability to contribute to and lead cross-functional teams; strong written and verbal communication, negotiation, interpersonal, problem-solving, and change management skills.
Analytics: Able to generate spend analysis and translate insights into action plans.
Business Partnering: Collaborative approach to fostering relationships with business leaders.
Fosters Change and Innovation: Seeks solutions to strengthen quality, value, service, and efficiency; challenges the status quo respectfully.
Creates Value for Customers: Anticipates market trends and delivers on commitments.
Demonstrates Business Acumen and Agility: Understands business specifics and engages in strategic planning.
Other Requirements CPSM/CPM a plus. Work hours may include meetings outside normal working hours. Travel up to 10%.
The base salary range for this role is $126,200 to $157,800. 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 leave policies. Total compensation will depend on candidate experience, skills, education and other factors permitted by law.
EEO Statement: Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, age, sex, gender, disability, veteran status, or any other characteristic protected by law.
Note Sumitomo Pharma Co., Ltd. is a global pharmaceutical company with operations in the U.S., Canada and Europe focused on oncology, urology, women’s health, rare diseases, psychiatry & neurology, and cell & gene therapies. We are committed to accelerating discovery, research, and development to bring novel therapies to patients sooner. For more information on SMPA, visit www.us.sumitomo-pharma.com.
#J-18808-Ljbffr
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 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; focus on supplier risk and performance management.
Maintain knowledge and expertise with various R&D services. Effectively negotiate service level agreements/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 utilizing spend analytics, industry intel and benchmarking data.
Lead end-to-end competitive sourcing activities (RFx) including bid list generation, requirements, supplier selection criteria/weighting, 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, using data to provide insights, business partnering, change and project management, category management and strategic sourcing to realize optimal results.
Knowledge and Skills Knowledge and skills indicate the education level, previous experience, specific knowledge, skills, and abilities necessary to meet the minimum requirements for this position.
Education & Experience
Bachelor’s degree required; MBA or other advanced degree preferred.
Minimum 8 – 12 years (w/o Master’s) or 6 – 8 years (with Master’s) of relevant experience in strategic sourcing & procurement.
Preference toward experience in a business spend category.
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. A strong willingness to learn.
Leadership: Ability to contribute to and lead cross-functional teams; strong written and verbal communication, negotiation, interpersonal, problem-solving, and change management skills.
Analytics: Able to generate spend analysis and translate insights into action plans.
Business Partnering: Collaborative approach to fostering relationships with business leaders.
Fosters Change and Innovation: Seeks solutions to strengthen quality, value, service, and efficiency; challenges the status quo respectfully.
Creates Value for Customers: Anticipates market trends and delivers on commitments.
Demonstrates Business Acumen and Agility: Understands business specifics and engages in strategic planning.
Other Requirements CPSM/CPM a plus. Work hours may include meetings outside normal working hours. Travel up to 10%.
The base salary range for this role is $126,200 to $157,800. 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 leave policies. Total compensation will depend on candidate experience, skills, education and other factors permitted by law.
EEO Statement: Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, age, sex, gender, disability, veteran status, or any other characteristic protected by law.
Note Sumitomo Pharma Co., Ltd. is a global pharmaceutical company with operations in the U.S., Canada and Europe focused on oncology, urology, women’s health, rare diseases, psychiatry & neurology, and cell & gene therapies. We are committed to accelerating discovery, research, and development to bring novel therapies to patients sooner. For more information on SMPA, visit www.us.sumitomo-pharma.com.
#J-18808-Ljbffr