Sourcing Manager

Ridgefield, CT


Contract Duration: 12-24 months


Rate: Negotiable


Salary: NA $1.00


Responsibilities:

• Excellent employment opportunity for a Sourcing Manager in the Ridgefield, CT area.
• This role will implement the sourcing strategy for the local categories in line with the overall company sourcing strategy to constantly increase productivity, optimize the external global spend, and reduce costs.
• Categories to be managed are Market Research and Digital Innovation.
• Implement Category Strategy following the centrally stipulated Target Operating Model (TOM) and inform accordingly local Business Partners (BPs).
• Identify, evaluate and classify sourcing risks and devise risk mitigation measures.
• Manage risk exposure.
• Sourcing Cards documented and up-to-date for decentralized & Center led categories- Cost reductions / savings optimized and documented in Business Cases
• Ensure continuity of supply
• Risk identified managed and mitigated Accountabilities
• Identify and evaluate existing and potential local suppliers as well as the establishment and maintenance of supplier relations.
• Use Business Review Meeting and KPI leverage to resolve potential issues at an early stage.
• Feedback (senior) Category Manager as needed
• Segment suppliers following SLP process
• Business Review meetings with critical suppliers for the business
• Feedback from suppliers (e.g. number of complaints, escalations)
• Achievement of defined KPI's- Escalation managed in a timely manner Accountabilities
• Manage local Business Partners actively and collaborate in order to align common goals.
• Coordinate Business Partner demands within Sourcing and ensure that relevant information is shared and Business Partner is supported adequately.
• At least annual Business Partnering meeting to align on goals and objectives
• Participation in key BPs leadership meeting Accountabilities
• Optimize buying channels and leverage market opportunities
• Leverage sourcing tools (including e or reverse-auction, parallel negotiation etc.)
• Maximize usage of Master Services Agreements (MSAs) or Frame Services Agreements (FSAs) as possible
• Reducing single orders by leveraging frame service agreements when possible
• Catalogue usage and spend managed through this channel
• Level of automation- # of no touch order- we Buy usage and Buying channel optimization (including reduction of free text order)- PO coverage
• Ensure to be aware of mandatory SOP's including GxP requirements and be in compliance with.
• Act at all times within the local pharmaceutical standards/ethics (ABAC)/legal.
• Sourcing Manager can manage from 1 to 75 million spend.

• BS Degree required. Master's Degree preferred.
• 3 - 6 years of sourcing experience in category(ies) management.
• Pharmaceutic Industry knowledge preferred
• Local market knowledge
• Category specificity knowledge preferred
• The 5 core capabilities are the following: Demand Management, Market and supplier analysis, Agility, Relationship building skills, Results focused
• Working knowledge of SAP, Ariba, Oracle and other tools or systems related to Purchasing and Sourcing.
• Knowledge of the Pharmaceutical Industry and the Drug Development/Launch Process is preferred.
• Proficiency in the use of Microsoft Office products (Excel, Word, PowerPoint, Outlook), including project planning techniques and software is required.
• Strong working knowledge of contracting and contract management.
• Knowledge of Marketing, Market Research, and Digital Innovation is preferred as this role will be supporting Marketing and Digital Innovation areas from a Sourcing perspective.
• Schedule: Work hours generally are 8:30am to 5:00pm.