Sumitomo Pharma Co., Ltd. is a global pharmaceutical company based in Japan with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.) and Europe (Sumitomo Pharma Switzerland GmbH) focused on addressing patient needs in oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. With several marketed products in the U.S., Canada, and Europe, and a diverse pipeline of early- to late-stage assets, we aim to accelerate discovery, research, and development to bring novel therapies to patients sooner. For more information on SMPA, visit our website
https://www.us.sumitomo-pharma.com or follow us on LinkedIn.
Job Description:
The Strategic Sourcing Manager will drive value for the business by partnering with stakeholders across multiple departments to deliver source-to-contract activities for various R&D services. This role is responsible for negotiating and contracting with the supply base and ensuring alignment with established category strategies and overall business plans.This role requires an experienced Sourcing/Procurement manager to deliver strategic sourcing, contract management, supplier market intelligence, financial productivity, supplier performance management, and risk mitigation.The Strategic Sourcing Manager must be a change agent, leading by example while remaining in sync with the overarching direction and evolution for the Strategic Sourcing organization. The role requires active category knowledge and change management support that challenges traditional spending behavior, service level definition, and policy setting to enable productivity and efficiency improvements.The role requires development and execution of Sourcing Category Plans including negotiating and contracting with the vendor base, ensuring alignment with the Strategic Sourcing Category Strategies and overall Business goals & objectives.
Strong collaboration with business partners and peers is essential for success. This individual will continually seek out opportunities to be a proactive advisor to the business, while maintaining deep knowledge and expertise in the dynamics of the supply markets and delivery models of suppliers and must be comfortable leading analytics efforts to proactively identify sourcing opportunities.
Essential Functions Required for Job
- Manage strategic sourcing, contract management, supplier market intelligence, financial productivity, supplier performance management, and risk mitigation across various R&D services.
- Develop and implement sourcing category strategies that align with those of the functional goals & objectives for the business
- Establish effective ongoing relationships with key stakeholders to ensure Strategic Sourcing activities effectively support functional strategies
- Define and implement a strong concept of supplier management that enables a sustainable competitive advantage; maintain focus on supplier risk and performance management
- Maintain knowledge and expertise with various R&D services. Effectively negotiate service level agreements/key performance indicators, and deep understanding of levers to achieve optimal value
- Negotiate and redline service contracts and statements of work, utilizing a contract management platform
- Generate sourcing insights utilizing spend analytics, industry intel and benchmarking data Click or tap here to enter text.
- Lead end-to-end competitive sourcing activities (RFx) to include; bid list generation, requirements, supplier selection criteria/weighting, cost analysis, business case and award notification
- Maintain sourcing practices that are in accordance with corporate ethics, financial policy, and internal control requirements
- Pursue ongoing development of relevant skills, including learning agility, using data to provide insights, business partnering, change and project management, category management and strategic sourcing to realize optimal results
KNOWLEDGE AND SKILLS
Knowledge and skills indicate the education level, previous experience, specific knowledge, skills, and abilities necessary to meet the minimum requirements for this position.
Education & Experience
- Bachelor’s degree required; MBA or other advanced degree preferred.
- Minimum 8 – 12 (w/o Master’s) or 6 – 8 years (with Master’s) years of relevant experience in strategic sourcing & procurement.
- Preference toward experience in [BUSINESS] spend categories.
- Pharmaceutical, Healthcare, Medical or Life Sciences experience a bonus.
- Relevant experience: 3-5 years with Strategic Sourcing & Procurement experience across a range of service categories in the R&D space, preferably with CRO and ancillary vendor contract negotiation and oversight responsibilities. Pharmaceutical, Healthcare, Medical or Life Sciences industry experience a bonus.
- Technology: Capable with common sourcing platforms including contract lifecycle management, e-sourcing, spend analytics, and supplier risk management. A strong desire and innate capability to learn.
- Leadership: effectively contribute to and lead cross-functional teams, excellent written and verbal skills, strong negotiation skills, interpersonal skills, problem solving, effectively communicate/influence/manage change, anticipate and respond to change with ease and agility, seek solutions to strengthen quality/value/service/efficiency.
- Analytics: Has an analytical mind and is comfortable generating spend analysis to drive opportunity insights. Can translate insights into action plans.
- Business Partnering: Demonstrate a collaborative and consultative approach to foster meaningful relationships with key business leaders.
- Fosters Change and Innovation: Seek solutions that strengthen quality, value, service, and effectiveness. Respectfully challenge the way “things are done” and supports others in doing so.
- Creates Value for Customers: Anticipate and respond to market trends and opportunities. Deliver on promises made.
- Demonstrates Business Acumen and Business Agility: Understanding of business specifics and engage in effective operational and strategic planning.
Other requirements (licenses, certifications, specialized training, and physical or mental abilities required):CPSM/CPM a plus. Work hours may include meetings scheduled outside normal working hours. Travel up to 10%.The base salary range for this role is $83,622 to $104,528. Base salary is part of our total rewards package which also includes the opportunity for merit-based salary increases, short incentive plan participation, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances and leaves provided in line with your work state. Our robust time-off policy includes flexible paid time off, 11 paid holidays plus additional time off for a shut-down period during the last week of December, 80 hours of paid sick time upon hire and each year thereafter. Total compensation, including base salary to be offered, will depend on elements unique to each candidate, including candidate experience, skills, education and other factors permitted by law.Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification.
They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
Confidential Data
: All information (written, verbal, electronic, etc.) that an employee encounters is considered confidential.
Compliance
: Achieve and maintain Compliance with all applicable regulatory, legal and operational rules and procedures, by ensuring that all plans and activities for and on behalf of Sumitomo Pharma America (SMPA) and affiliates are carried out with the "best" industry practices and the highest ethical standards.It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Mental/Physical Requirements
: Fast paced environment handling multiple demands. Must be able to exercise appropriate judgment as necessary. Requires a high level of initiative and independence. Excellent written and oral communication skills required. Requires ability to use a personal computer for extended periods of time.
Sumitomo Pharma America (SMPA)
is an Equal Employment Opportunity (EEO) employer
Qualified applicants will receive consideration for employment without regard to race; color; creed; religion; national origin; age; ancestry; nationality; marital, domestic partnership or civil union status; sex, gender; affectional or sexual orientation; disability; veteran or military status or liability for military status; domestic violence victim status; atypical cellular or blood trait; genetic information (including the refusal to submit to genetic testing) or any other characteristic protected by law.
