Manager of Strategic Sourcing

3 weeks ago


Valencia, United States Cypress HCM Full time
Job DescriptionJob DescriptionManager of Strategic Sourcing & Operational ExcellenceJob Overview:The Manager of Strategic Sourcing & Operational Excellence will build and manage a robust strategic souring capability. He/ she will be responsible for the development and implementation of supply risk mitigation strategies and vendor relationship management.Duties & Responsibilities:
  • Develop and execute a robust sourcing and procurement strategy, considering factors like cost, quality, working capital, and risk management.
  • Identify and assess potential suppliers, engage in contract / pricing negotiations, and establish and foster valuable partnerships to secure a consistent and dependable supply of raw materials, packaging, and other materials.
  • Oversee supplier selection processes, including the development and execution of RFI’s, RFP’s, and other sourcing tools that will ensure Lief Labs is buying materials at optimal cost with the highest quality and service standards.
  • Study market intelligence and conduct market analysis and benchmarking to anticipate price fluctuations while mitigating Lief’s financial exposure.
  • Lead sourcing engagements across various raw material and packaging categories driving significant COGS savings and cost avoidance.
  • Stay abreast of regulatory requirements and industry standards related to sourcing and procurement in the nutraceutical industry and ensure compliance.
  • Manage trademark agreements and collaborate with product development and regulatory team to ensure compliance with trademark usage guidelines.
  • Support and/ or lead the on-boarding and qualification of new and potential vendors
  • Nurture robust partnerships with suppliers, establishing transparent channels of communication and efficient problem solving to reduce interruptions in the supply chain.
  • Regularly assess supplier performance, manage & monitor key metrics, and maintain consistent product quality and availability.
Qualifications:
  • Bachelor’s degree in supply chain management, business administration, or related field (Master’s degree preferred).
  • 8-10 years of experience in pharmaceutical Research and Development, with increasing levels of responsibility and leadership.
  • Demonstrated success in bringing pharmaceutical products from concept to commercialization.
  • Strong knowledge of drug development processes, including pre-clinical studies, clinical trials, and regulatory requirements.
  • Excellent leadership and people management skills, with a track record of building and motivating high-performing teams.
  • Strategic thinker with the ability to translate vision into actionable plans and results.
  • Outstanding communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders.
  • Strong business acumen and the ability to make data-driven decisions.
  • Experience working in a regulated environment (e.g., FDA, cGMP) is essential.
  • Demonstrated ability to drive innovation and foster a culture of continuous improvement.
  • Flexibility to adapt to changing priorities and work in a dynamic and fast-paced environment.
Salary Range: $109k-$145kONSITE

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