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Reference # : 17-01112 Title : Pharmaceutical Sr. Sourcing Associate
Location : Plainsboro, NJ
Position Type : Contract
Experience Level : Start Date / End Date : 08/24/2017 / 02/23/2018  

Project Description:
  • Collaborates with/supports Procurement category owners on strategy development and leads/supports execution.
  • Builds understanding of Client's global, end-to-end value chain, as it relates to categories in focus.
  • Provides strategic industry insights and identifies potential opportunities to enhance Total Cost of Ownership (TCO) and Make versus Buy analyses, including the consideration of revenue enhancement, speed-to-market, mitigated risk/improved lifecycle management, and other opportunities that support a competitive advantage.
  • Manages Supplier Relationship Management (SRM) processes and procedures (segmentation, metrics/Key Performance Indicators (KPIs) development and application, scorecard format, contract management, etc.).
  • Facilitate continuous improvement and supplier-enabled innovation through SRM programs.
  • Strives to make positive impact on the organization, short-term and long-term.
  • Provide internal and market analytics to support development of strategic category plans; collaborate with category leaders and business partners on plan development.
  • Support and/or lead execution of procurement plans; role dependent on category/project complexity.
  • Lead preparation of competitive go-to-market events (solicitation of bids, quotations and proposals) with pertinent specifications, terms and conditions.
  • Evaluate offerings and recommend overall best offer for a product or service from a qualitative and quantitative standpoint. Understand how to access and influence specifications as required for the category.
  • Maintain agreement files as required.
  • Employ leading practices. Prepare for and/or lead supplier negotiations depending on category complexity.
  • Assist in the preparation of and/or issue contracts (or large purchase orders) for legal review and approval.
  • Assist in introduction of new and modified goods and services with appropriate departments.
  • Prepare periodic category performance reports for assigned categories. Develop scorecards and track supplier performance.
  • Support design/development of procurement compliance programs.
  • Support Business Continuity Management and Risk Management activities.
  • Support budget management processes as required for categories

Required Skills:
  • Minimum of 5 - 7 years of work experience.
  • Minimum of 3 - 5 years Procurement experience, preferably at a bio-technology or pharmaceutical company.
  • Bachelor of Science degree in Engineering; preferably a Master's degree.
  • Master of Business Administration degree.
  • Relevant industry certifications are preferred (CPM/CPSM/CSCP/CPIM).
  • For direct categories, such as Clinical Research Services or Biologics Manufacturing, minimum of 3 - 5 years of experience in specific area.
  • Has experience with some of the following categories: Active Pharmaceutical Ingredients (APIs) and Intermediates, Biologics, Chemicals, Drug Product, Packaging and Devices.
  • Strong analytical reasoning and problem-solving skills
  • Spend Analysis
  • Strong project management skills
  • Proven ability to manage multiple projects/tasks effectively
  • Ability to communicate with business stakeholders and suppliers; strong written and verbal communication skills
  • Proficiency in contract development
  • Negotiations
  • Ariba Sourcing and Contracting
  • Microsoft Office Suite, especially Excel and PowerPoint

This 6+ month position starts ASAP.

Please E-MAIL your resume (attachment to email) with rate and availability to Karen: