Strategic Sourcing Manager

Job Title: Category Manager/Strategic Sourcing Manager

Job Location: Hybrid (Onsite 2 days per week)- Bridgewater, NJ, Hazelwood/Webster Grove, MO

Duration: 9 months with possible extension

Pay Rate: $45-55/hr on W2

Note

• Bachelor's Degree Required
  
  

Job Description

The Category Manager/Strategic Sourcing Manager role is a collaborative and results oriented role in a wide range of indirect categories to work within the Global Procurement Team. The individual will be part of the Global Indirect Procurement Team and will collaborate with Category Managers and stakeholders to develop and execute services, develop benchmarks, sourcing and procurement solutions that are designed to drive spend and savings, and incorporate vendor management metrics that’ll support company’s goals while achieving optimal pricing, quality and service levels. This role will support and lead indirect sourcing projects, including all key steps such as strategy implementation, support supplier negotiations, award recommendations, business case presentations and supplier contract execution in ARIBA. This position reports to the Senior Director of Procurement, and will work closely with other team members, key support departments, and critical stakeholders across the company.

Key Responsibilities

• Leads and manages the strategic sourcing activities for various Indirect Sourcing categories which may include Commercial, Marketing, Corporate Services, R&D and Information Technology.
• Engage and align with internal stakeholders to:
• Understand their business requirements, build the portfolio of Indirect sourcing projects and develop category strategies aligned to stakeholder needs and business goals.
• Identify processes, metrics and tools to optimize procurement activities associated with effective and timely implementation
• Deliver annual savings while assuring best quality and service from service providers
• Understands internal and external market factors and their implications and build in the plan and approach to address them as part of the category strategy
• Manage supplier relationships to ensure best in class total cost, product and service quality, continuity of goods and services, and alignment with internal stakeholder and company strategy
• Manage supplier performance by establishing and stewarding appropriate Service Level Agreements and Key Performance Indicators (KPI’s)
• Prepare monthly progress reports including progress on key initiatives, savings achieved/forecast, cost metrics and variances versus plan.
  
  

Professional Experience

• 3+ years of procurement/sourcing or consulting experience within a global pharmaceutical or life sciences organization preferred
• Prior experience with Indirect sourcing categories required – R&D sourcing a plus (but not required)
• Experience with category management and multi-step strategic sourcing processes, with results measured in terms of Total Cost of Ownership
  
  

Education, Qualifications & Skills

Bachelor’s Degree required, Master’s degree in business, finance, or supply chain/procurement a plus

Exceptional track record of building relationships with stakeholders that has resulted in high customer satisfaction

Proven ability to work creatively and analytically in a problem-solving environment

Demonstrated ability to effectively lead formal strategic sourcing efforts related to designated categories

Ability to act independently and can interface with internal stakeholders and suppliers via strong written and verbal communication skills

Strong project management, negotiation, and organizational skills

Strong proficiency in Microsoft Excel and PowerPoint Professional Skills