Director of Procurement and Trade Compliance Center of Excellence

1 month ago

Watertown, Massachusetts, United States Alkermes Full time
Job Description

Alkermes is seeking a highly experienced Director of Procurement and Trade Compliance to lead our global procurement operations in a complex, multi-ERP environment. As a key member of our team, you will drive the optimization of our Source-to-Pay (S2P) platform, Jaggaer, and ensure seamless integration with SAP S/4HANA as part of our "One ERP" project.

Key Responsibilities
  • Develop and manage the Procurement Center of Excellence (CoE), setting standards for strategic sourcing, category management, and procurement analytics.
  • Define and implement global procurement best practices, ensuring alignment across multiple ERPs with a strong focus on SAP S/4HANA migration.
  • Oversee the digital transformation of procurement processes using Jaggaer, ensuring full integration with S/4HANA as part of the One ERP initiative.
Procurement Process and Policy Creation
  • Establish and maintain procurement policies and procedures to ensure efficient and effective sourcing practices.
  • Oversee the development of sourcing strategies that optimize cost, quality, and service levels.
  • Ensure procurement activities are aligned with the company's sustainability goals and diversity initiatives.
Procurement Transformation & S4/HANA Integration
  • Drive the implementation and optimization of Jaggaer as the Source-to-Pay platform, ensuring its seamless integration with SAP S/4HANA and other ERPs.
  • Lead procurement transformation initiatives, ensuring alignment with the One ERP project and maximizing the benefits of S/4HANA.
  • Collaborate with IT and finance teams to ensure smooth data migration, process harmonization, and system interoperability within the new ERP environment.
Trade Compliance Management
  • Develop and implement trade compliance policies and procedures to ensure adherence to international trade regulations.
  • Monitor and manage trade compliance risks, including export controls, sanctions, and customs regulations.
  • Collaborate with legal and compliance teams to address trade compliance issues and implement corrective actions.
Sustainability and Diversity Initiatives
  • Lead efforts to integrate sustainability practices into the procurement process, including supplier selection and evaluation.
  • Lead the development and execution of the sustainable procurement strategy, incorporating ESG principles into the procurement lifecycle.
  • Set and monitor sustainability KPIs, such as carbon footprint reduction, ethical sourcing, and supplier diversity.
  • Collaborate with internal stakeholders and suppliers to ensure compliance with sustainability standards, driving innovations that reduce environmental impact and promote responsible sourcing.
  • Track and report on sustainability and diversity metrics to demonstrate progress and impact.
Procurement Effectiveness, Data Strategy, Analytics & Technology
  • Oversee the development and implementation of a scalable data management platform to deliver accurate, reliable, and accessible metrics and analysis.
  • Develop and implement strategies, principles, tools, and processes for the metrics and analytics program.
  • Ensure that data-driven insights are utilized to enhance procurement effectiveness and support decision-making processes.
  • Lead initiatives to implement new technologies and tools that enhance procurement efficiency and trade compliance.
Supplier Relationship and Performance Management
  • Develop and maintain strong relationships with key suppliers, ensuring alignment with company goals and values.
  • Implement supplier performance management processes to monitor and improve supplier performance.
  • Conduct supplier audits and assessments to ensure compliance with company standards and regulatory requirements.
Continuous Improvement and Innovation
  • Identify opportunities for process improvements and cost savings within the procurement, trade compliance, and data management functions.
  • Stay current with industry trends and best practices to ensure the company remains competitive and compliant.
Professional Development and Team Management
  • Maintain and enhance job knowledge by participating in educational opportunities, using professional publications, aligning with professional organizations/societies, maintaining personal networks, and monitoring financial guidelines and requirements.
  • Manage direct reports, fostering a culture of excellence and continuous improvement.
Cross-Functional Collaboration & Stakeholder Management
  • Collaborate with internal teams including IT, Finance, ESG, Legal, and Operations to ensure procurement systems and strategies are aligned with business goals and sustainability objectives.
  • Act as the key liaison for procurement's role in the One ERP S/4HANA project, ensuring effective communication and engagement across departments.
  • Lead change management efforts to drive user adoption and smooth transition to new procurement systems and processes.

Qualifications

  • Bachelor's degree in life sciences, supply chain, or business required, Master's degree preferred.
  • 10-15 years of experience in procurement and sourcing within the pharmaceutical or related industry.
  • Demonstrated track record of delivering tangible results in a global, complex, and regulated environment.
  • Extensive experience managing cross-functional teams and working on multiple projects simultaneously.
  • In-depth knowledge of international trade regulations, including export controls, sanctions, and customs requirements.
  • Experience in developing and implementing procurement and trade compliance policies and procedures.
  • Strong background in sustainability and diversity initiatives within the procurement function.
  • General knowledge of GMP and/or GCP, ensuring compliance in all sourcing activities.
  • Demonstrated capabilities with S2P and ERP systems such as Oracle or SAP, Jaggaer as well as Microsoft Excel, PowerPoint, and Project software.

Competencies

  • Leadership and Innovation: Demonstrates strong leadership with an ability to stimulate creativity and innovation, supporting change and promoting a global perspective.
  • Project Management: Strong project management and operations skills with high attention to detail.
  • Communication and Influence: Excellent communication, influencing, and collaboration skills, with the ability to lead through influence and drive business results.
  • Adaptability and Problem Solving: Flexibility in adapting to external environment influences and problem-solving within a matrixed global environment.
  • Ethical and Compliance Focus: Strong commitment to ethical practices and compliance with regulatory requirements.

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