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Planet Pharma

R&D Strategic Sourcing Manager

Planet Pharma, Waltham, Massachusetts, United States, 02254

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Job Description Pay is commiserate with experience and ranges between $70-80/hr.

The Procurement Manager is responsible for leading the creation, execution and management of comprehensive global sourcing strategies for specified global spend categories within the scope of R&D. This individual will implement a strong procurement strategy within the group and ensure all team goals are met while developing talent. This individual will author and manage procurement plans and strategic sourcing initiatives across the organization.

Essential Functions

Develop relationships with internal customer base to better understand their procurement needs while leveraging best value through strategic sourcing opportunities. Educate and train customer base on sourcing policies, processes, and systems.

Demonstrate knowledge of R&D Procurement categories, understanding of the relevant industries/markets, and leverage this experience to engage with senior stakeholders to help shape, assess, and source R&D requirements.

Develop and agree category sourcing strategies for R&D spend with senior stakeholders.

Leverage the Global Procurement Strategic Relationship Management best practices to retain and enhance key R&D services with third parties including strategic alignment, engagement compliance, service escalations, delivery performance and assessment plans, risk management and continuous improvement/value growth.

Develop and deliver against performance goals (e.g. savings, cash flow, management monitoring, supplier diversity).

Develop and implement systems and procedures that are aligned with organizational/site and corporate strategy objectives that will optimize the overall Procurement function performance for the business. Develop productive working relationships with Legal and Finance.

Maximize adherence to and execution of corporate contracts and e-catalogs. Manage key supplier business relationships, tracking performance, reducing supply base, and improving supplier performance while enhancing site compliance via key supplier spend.

Lead category level sourcing initiatives and teams, executing RFIs/RFQs/RFPs, supplier qualification process, supplier analysis, total cost analysis, negotiation of contractual terms, and supplier selection. Assist in corporate level sourcing efforts and meet all cost savings goals.

Required Education And Experience

Bachelors in life sciences or business major required

5-8 years of experience in procurement and sourcing or closely related

Good understanding of the pharmaceutical research and development process

Proven RFx experience in a cross functional environment

Proven track record of delivering tangible results in a global complex/decentralizing environment

Extensive experience in managing cross-functional teams

Extensive experience in working with multiple teams and projects simultaneously

Preferred Education And Experience

Involvement in a purchasing related professional organization a plus.

CPM a plus.

Competencies

Self-directed with an ability to network and identify strategic sourcing opportunities

Strong project management and operations skills

Previous experience with management of services(internal and outsourced) is a strong plus

High attention to detail and demonstrated ability to manage multiple critical path projects concurrently

Ability to develop, implement and monitor a metrics performance package for sourcing activities

Demonstrated ability to effectively use negotiation and conflict resolution skills

General knowledge of GMP and/or GCP

Proficient knowledge of strategic sourcing best practices and support systems

Demonstrated capabilities with ERP systems such as Oracle or SAP as well as Microsoft Excel, PowerPoint and Project software required

Demonstrates flexibility adapting to external environment influences through development of new strategies and tactics

Excellent skills in influencing and strong collaboration skills

Ability to multi-task and manage complexity

Positive attitude and strong interpersonal skills required to effectively address problems and interface with other functional areas of the company while working in a matrixed global environment.

Extensive stakeholder management experience

Ability to lead through influence - Leveraging professional expertise and relationships to contribute to strategy and drive business results. Leads the development of functional strategy.

Excellent communication and presentation skills, both oral and written are required.

The Planet Group of Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Seniority level Not Applicable

Employment type Full-time

Job function Other

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