Senior Manager, Strategic Sourcing
Cosette Pharmaceuticals Inc.
Cosette Pharmaceuticals, Inc. is a US-based, fully integrated pharmaceutical company with capabilities in product development, manufacturing, and commercial operations. Cosette has a fast-growing portfolio of branded pharmaceuticals consisting of products in the cardiology, women's health, and migraine markets. Cosette has a long history in quality manufacturing of complex dosage forms including topical creams, ointments, oral liquids/solutions and suppositories, which has led to consistent supply to customers and commercialization success. Cosette has corporate and manufacturing facilities in New Jersey and North Carolina and is supported by more than 300 dedicated employees across all functional areas.
Innovating every day.
Position Summary
As the Senior Manager, Strategic Sourcing, you will be responsible for developing and executing category strategies across direct material and external manufacturing spend categories to deliver cost savings, supply continuity, supplier performance, and risk mitigation. You will partner closely with Supply Chain, Quality, Technical Services, Regulatory, and Operations to optimize supplier relationships and maximize value across Cosette's external supply network.
This role will support Cosette's continued growth by strengthening sourcing processes, supplier governance, contracting capabilities, and strategic supplier partnerships across APIs, components, packaging, contract manufacturing, and contract packaging.
How You'll Spend Your Day
- Develop and execute sourcing strategies across direct material and external manufacturing categories.
- Manage sourcing activities for APIs, excipients, packaging components, contract manufacturing, contract packaging, and laboratory services.
- Lead supplier identification, evaluation, qualification, and selection activities.
- Execute RFx processes, supplier negotiations, and competitive sourcing events.
- Negotiate commercial terms, pricing agreements, and supply contracts.
- Partner with Quality, Technical Services, Regulatory Affairs, and Legal to establish and maintain supplier agreements.
- Drive annual cost savings, cost avoidance, and value creation initiatives.
- Conduct spend analysis and identify opportunities for supplier consolidation and optimization.
- Manage supplier performance through scorecards, business reviews, and improvement plans.
- Assess supplier risks and develop mitigation strategies for critical materials and services.
- Support supplier onboarding and qualification activities.
- Develop market intelligence and benchmarking insights to support sourcing decisions.
- Support product launches, supplier changes, technology transfers, and supply continuity initiatives.
- Drive standardization of sourcing processes, contracting practices, and supplier governance.
- Leverage analytics and digital sourcing tools to improve sourcing effectiveness and decision making.
Skills and Experience
- Bachelor's degree in Supply Chain, Business, Finance, Engineering, or related discipline.
- 7+ years of sourcing, procurement, supply chain, or category management experience.
- Pharmaceutical, consumer healthcare, life sciences, or regulated industry experience preferred.
- Experience sourcing APIs, excipients, packaging components, contract manufacturing, and contract packaging services.
- Demonstrated success leading supplier negotiations and contracting activities.
- Strong category management and strategic sourcing capabilities.
- Experience developing and managing supplier performance programs.
- Strong analytical, financial, and business acumen.
- Experience with supplier risk management and supply continuity planning.
- Knowledge of procurement systems, spend analytics, and sourcing technologies.
- SAP experience preferred.
- Excellent communication, project management, and stakeholder management skills.
- Proven ability to influence cross-functional teams and manage competing priorities.
- Ability to work independently in a fast-paced, growth-oriented environment.
- Willingness to travel approximately 10-15%.
Benefits
- Hired applicants will be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, health saving account, employee assistance program, tuition reimbursement program, parental leave, wellness program, paid time off, volunteer time, and holidays.
Physical Requirements
This role will follow a hybrid work schedule, requiring three (3) onsite days per week at our Bridgewater, NJ office.
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