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Strategic Sourcing Manager

2 months ago

Reston, Virginia, United States Valent BioSciences Full time

Job Title: Strategic Sourcing Manager

About the Role:

We are seeking a highly skilled Strategic Sourcing Manager to join our team at Valent BioSciences. As a key member of our supply chain team, you will be responsible for developing and executing strategic sourcing plans that drive cost savings and improve quality, delivery, and service from our supply base.

Key Responsibilities:

  • Develop and execute an effective strategic sourcing plan to create synergies that drive lower costs and enable efficient sourcing and contracting in a fast-paced environment.
  • Manage timely strategic sourcing events, negotiate supply agreements and contracts to ensure lowest cost and supply continuity.
  • Develop and implement a Supplier Relationship Management program to transform our relationships with key suppliers and drive continuous improvement and innovation.
  • Work closely with the Company's cost accounting manager to develop, measure and maintain standard costs that will serve as budget and the benchmark for purchase price variance analysis and reporting (PPV's).
  • Partner with planning to communicate expected purchasing volume with key suppliers and tollers.
  • Eliminate/minimize packaging and raw material obsolescence.
  • Keep up with current purchasing trends and regulatory policies by taking courses, attending seminars/web casts, networking with other purchasing professionals and reading relevant material.
  • Timely resolution of non-conformances and associated follow-up through corrective/preventative action.
  • Participate in projects involving functional areas such as R&D, Operations, Sales and Marketing.
  • Develop and Report KPI's (such as supplier cost trends, on time in full fulfillment of orders).

Requirements:

  • 7 plus years of experience in procurement.
  • SAP experience strongly preferred.
  • CPSM, CSCP, CPM or CPIM a plus.
  • Must be experienced in strategic sourcing. Proven background of successful procurement strategy implementation.
  • Strong analytical skills including the ability to determine and explain usage and pricing variances.
  • Strong interpersonal and organizational skills including the ability to effectively present information to top management, suppliers, and customers.
  • Ability to define problems, collect data, establish facts, draw valid conclusions and act quickly to solve problems.
  • Proven ability to work in a fast-paced environment.
  • Able to effectively interface with all levels and departments within the organization.
  • Must be equal parts strategic and tactical.
  • Negotiation skills.

Education:

  • B.S. in Supply Chain Management, Business Administration or Engineering,
  • or 10+ years of relevant experience in lieu of degree.

Travel: