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Merck | Sr. Procurement Analyst | rahway, nj

1 month ago

rahway, United States Merck Full time

6-month assignment through AgileOne

  • Benefits offered
  • Hyrbid schedule


Qualifications:

Education Minimum Requirement:

●Bachelor’s degree in business, Administration, Finance, or a related field.

Required Experience and Skills:

●Procurement – 7+ years of Global Procurement / Global Strategic Sourcing or global business management (Consulting, Finance, HR) experience.

●Technical – Indirect Procurement Global Category Management knowledge, including global experience in Professional Services.

●Deep expertise in the Management Advisory Services Category including Category Strategy.

Development, Strategic Sourcing, Supplier Relationship Management and Project Management and Execution.


Preferred Experience and Skills

Business Acumen -

●Demonstrates skill in incorporating financial data and deep industry knowledge to identify key business opportunities.


Executive Leadership –

●A Self-starter with excellent interpersonal & influential skills with the ability to interact with all levels of the organization, especially with senior executives.


Problem Solving -

●Demonstrates the ability to identify and integrate patterns, trends and inconsistencies across multiple data sources to determine their broader implications


Productive Communications -

●Demonstrates ability to articulate complex thoughts and ideas accurately and clearly, being able to quickly detect and correct instances of miscommunication


Project Management -

●Demonstrates the ability to create accountability among project team members to drive on- time delivery of products

Strategic Thinking -

●Demonstrates active skill in challenging the status quo, offering practical Alternatives.

Service Mindset –

● Demonstrates a customer-first approach to ensure client business goals and objectives are clearly defined and delivered.


Innovation –

●Demonstrates ability to implement innovative strategies to improve operational efficiency, drive preferred business outcomes and improve Ways of Working across the Enterprise.

●Drives innovative approaches in utilization of Market Intelligence and Market Data.


Global Approach –

●Ensure that the Category approach adopted is aligned with and supports our Company's Global procurement strategy and Global Category Management.

●Has an understanding of Global Markets and Suppliers.

●Drives global compliance at the Category level.


Analytical Approach

●Demonstrate ability to develop innovative solutions to complex business problems using analytical mindset.

Working Across Boundaries -

●Demonstrates skill in developing and maintaining networks that span divisions and geographical boundaries.

Growth Mindset-

●Demonstrating a clear focus on investing in one’s self-development by thriving on challenges and growing through experience and learning from others.

Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the culture of our organization. Our Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security.


Responsibilities:

The position will report into Company’s Associate Director of Professional Services Procurement and will lead the Advisory Services Program. Partnering with leaders throughout the organization, the primary goals of this role are:

●To develop a Global Strategy and overall approach for Management Advisory Services to include a well-defined portfolio of Consulting options that mitigate risk, meet the changing needs of the business and reflect the rapidly changing work environment.

●Provide high quality Management Advisory Services focused on delivering ROI to our Company's Executive Team and Key Business Partners.

●Provide Procurement support to develop a Global Category Strategy and overall approach for Management Advisory Services.


This position will lead the refresh of the current Advisory Services Procurement Strategy including, but not limited to, the optimization of the following: the Global Category Management Strategy, Contract, Risk and Stakeholder Management Strategies as well as our Supplier Relationship Management Program. The incumbent will develop and maintain strong relationships with key Senior leaders across corporate functions at the enterprise level.


Primary capabilities include but are not limited to

Business Outcome Orientation -

●Uses in-depth knowledge of stakeholder needs, future industry trends and standards and proactively provides market intelligence to identify and tailor Global Procurement activities that positively affect stakeholder relationships and decision-making.


Category &Technical Expertise –

●Applies in-depth category specific/technical knowledge to propose recommendations to enhance existing and/or introduce new procurement processes or client service capabilities that incorporate emerging category trends.


Change Management -

●Manages change management activities, identifies issues, and makes necessary adjustments to keep the activities on track and on course;

●Identifies comprehensive group of stakeholders from across the entire business and at appropriate senior levels to drive support for project/initiative;

●Builds support for proposed solutions by influencing through others and making the case for change personally relevant


End-to-End Supply Chain -

●Applies knowledge of the interdependencies within our Company and across the supply chain to execute sourcing, procurement, and Supplier Performance Management Process decisions that drive sustainable competitive advantage for our Company.

Negotiation and Contract Management -

●Sets, leads and implements negotiation strategies with key suppliers/partners and uses innovative solutions to resolve an issue or impasse.

●Manages complex agreements such as joint development of agreements across regional boundaries and across multiple business units to ensure value and reduced risks for our Company.

●Deep knowledge in legal contractual language as they relate to Master Services Agreement (MSA) and Task Orders.

Sourcing Management Process -

●Leads cross functional teams through the Sourcing Management Process and creates and implements strategy that considers the internal and external impacts of the organization and drives overall value to our Company.

●Drive competitive sourcing events (RFQs, RFIs, RFPs) and support vendor selection, commercial negotiation and contracting, and market awareness


Supply Market Expertise -

●Leverages knowledge of historical and current business trends in the broader marketplace and pharmaceutical space, and their impact on particular product or service category pricing, material availability and supply chain issues to validate the sourcing decisions.

●Provide external marketplace knowledge of the latest category dynamics, trends and best practices.


Productive Communication -

●Build relationships with key business partners to successfully drive and influence strategies.

●Ensure effective collaboration with key senior stakeholders across geographies


Diversity and Inclusion -

●Actively support diversity, both within our Company as well as expanding relationships and spend with Diverse Partners.

●The successful candidate will be a strong advocate for increasing opportunities for Diverse Suppliers.


Supplier Relationship Management -

●Implement Supplier Relationship Management with the key suppliers to foster innovation, manage supplier performance, establish a Governance Model, and optimize supplier capabilities to address business requirements.

●Develop and maintain supplier performance metrics and manage the feedback process.


Process Optimization -

●Drives continuous improvement opportunities for Global Procurement and business stakeholders based on deep knowledge of the interdependencies across the supply chain and business organization.

●Demonstrates the ability to work with business units to enhance their business strategy through the consideration and appropriate inclusion of externalization as a strategic lever.