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. 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 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. 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 for the business Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities effectively 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/key performance indicators, and deep understanding of levers to achieve optimal value Negotiate and redline service contracts and statements of work, utilizing a contract management platform Generate sourcing insights utilizing spend analytics, industry intel and benchmarking data Lead end-to-end competitive sourcing activities (RFx) to include; bid list generation, requirements, supplier selection criteria/weighting, cost analysis, business case and award notification Maintain sourcing practices that are 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 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 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: Capable with contract lifecycle management, e-sourcing, spend analytics, and supplier risk management. Strong learning agility. Leadership: ability to contribute to and lead cross-functional teams, strong negotiation and communication skills, change management, and reliability in delivering value. Analytics: ability to generate spend analysis and translate insights into action plans. Business Partnering: collaborative approach to foster relationships with key business leaders. Fosters Change and Innovation, Creates Value for Customers, Demonstrates Business Acumen and Agility. Other requirements
CP SM/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 including merit-based increases, incentive plan participation, 401(k), medical/dental/vision/life and disability insurances, and leaves. Total compensation will depend on candidate experience, skills, education, and other factors permitted by law. EEO & Compliance
Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration without regard to protected characteristics. Compliance with applicable regulatory, legal and operational rules and procedures is required.
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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 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. 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 for the business Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities effectively 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/key performance indicators, and deep understanding of levers to achieve optimal value Negotiate and redline service contracts and statements of work, utilizing a contract management platform Generate sourcing insights utilizing spend analytics, industry intel and benchmarking data Lead end-to-end competitive sourcing activities (RFx) to include; bid list generation, requirements, supplier selection criteria/weighting, cost analysis, business case and award notification Maintain sourcing practices that are 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 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 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: Capable with contract lifecycle management, e-sourcing, spend analytics, and supplier risk management. Strong learning agility. Leadership: ability to contribute to and lead cross-functional teams, strong negotiation and communication skills, change management, and reliability in delivering value. Analytics: ability to generate spend analysis and translate insights into action plans. Business Partnering: collaborative approach to foster relationships with key business leaders. Fosters Change and Innovation, Creates Value for Customers, Demonstrates Business Acumen and Agility. Other requirements
CP SM/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 including merit-based increases, incentive plan participation, 401(k), medical/dental/vision/life and disability insurances, and leaves. Total compensation will depend on candidate experience, skills, education, and other factors permitted by law. EEO & Compliance
Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration without regard to protected characteristics. Compliance with applicable regulatory, legal and operational rules and procedures is required.
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