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Sourcing and Pricing Manager
2 months ago
Overall, Purpose of The Job
Responsible for the development and implementation of sourcing initiatives. Manage the daily purchasing activities, supervise staff, and allocate tasks. Develop and implement new sourcing and purchasing strategies. Responsible for timely and accurate RFQ process.
Key Responsibilities
- Responsible for the development and implementation of strategic sourcing initiatives for MedSupply International from stakeholder needs analysis to supplier management.
- This role will have a particular focus on, but not limited to, medical products, e.g., Pharmaceuticals, Medical Consumables/Devices, and Medical Equipment.
- Help introduce and manage alternative sourcing methodologies for MedSupply International.
- Develop and implement purchasing strategies.
- Responsible for timely and accurate RFQ process.
- Manage daily purchasing activities, supervising staff, and allocating tasks.
- Manage supplier relations and negotiate contracts, prices, timelines, etc.
- This role requires partnership and collaboration with other business units, Quality Assurance, Operations Finance, Pricing, Product Marketing, and Sales functions across a varied cross-matrix organization to win new business or retain existing business.
- Responsible for talent acquisition, development, disciplinary actions, and performance review of buyers/planners.
- Set objectives for staff that support production, purchasing, and inventory KPIs.
- Propose and implement new ways of conducting business more effectively, inclusive but not limited to new reporting development.
- Work closely with the Sourcing and Pricing Director to negotiate global supplier contracts when applicable.
- Other Duties as assigned.
Required Skills and Knowledge
- Solid understanding of strategic sourcing business practices with strong negotiation skills.
- Knowhow of how the healthcare tender business runs.
- Technical knowledge of the medical product, eg, Medical Consumables and Equipment
- Know how RFP to RFQ events are organized, managed, and concluded.
- Knowledge of inventory processes, BOM set, and MRP logic.
- Strong problem-solving and analytical skills.
- Excellent time management and project management skills.
- Ability to successfully manage numerous projects/tasks simultaneously.
- Previous experience with global sourcing and contract negotiations.
- Previous experience in managing personnel.
Required Competencies
- Working with People: Demonstrates an interest in and understanding of others; Adapts to the team and builds team spirit; Recognizes and rewards the contribution of others; Listens, consults others, and communicates proactively; Supports and cares for others; Develops and openly communicates self-insight.
- Innovation: Proactive, generates creative solutions, uses different approaches to resolve issues, generates ideas for improvement, and takes productive action without being asked.
- Pressure Tolerance: Maintains performance under pressure, manages stress, identifies ways to reduce work stress, and uses appropriate coping mechanisms.
- Communication: Actively listens, checks to understand language and tone appropriate for the audience, expresses ideas clearly and logically, builds rapport, and manages the emotions of self and others.
- Solution Oriented: Effectively sets and achieves realistic goals, can monitor own progress, and assess quality, develops, and follows action plans, seeks feedback, and modifies accordingly.
- Planning & Organization: Plans and prepares for future events, able to formulate clear and structured plans, effectively prioritize tasks and bandwidth, establishes milestones, and sets realistic expectations of themselves.
- Adaptability / Flexibility: Successful performance in changing environments, positive attitude to change, willingness to use new techniques, modified behavior successfully in response to change.
- Be able to walk the extra mile to make the vision of the organization a big success.
- Excellent numeric, written, and oral communication skills.
- Excellent presentation skills.
- Strong IT skills and experience with MS Office suite, SharePoint, and any other Sourcing/ERP/Procurement environment.
- TEAMs project management experience a plus.
- Ability to work in a multi-lingual, multi-cultural environment where consensus is the norm.
Required Work Experience
- Successful track record of strategic sourcing to support business growth and product development, preferably in a global or regional environment with a minimum of 5 years, or equivalent on-the-job experience.
- Ideally, background in medical equipment, device, or pharmaceutical sectors; past exposure to contract negotiation and drafting to support global Sourcing agenda.
- Experience in strategic sourcing including driving successful implementation of strategies as well as providing tactical-level support.
- Work exposure in an international environment: successful track record in working across cultures.
Required Qualifications
- Bachelor’s degree in business, Finance, Marketing, or a related field required.
International SOS is an equal opportunity employer and does not discriminate against employees or job applicants on the basis of race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state and local laws.
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