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Strategic Sourcing Leader

4 weeks ago

Pleasanton, California, United States TAIHO ONCOLOGY INC Full time
Job Summary

Taiho Oncology Inc. is seeking a highly skilled Strategic Sourcing Leader to join our team. As a key member of our procurement team, you will be responsible for implementing strategic sourcing initiatives to drive cost savings and improve operational efficiency.

Key Responsibilities
  • Develop and implement sourcing strategies for R&D categories, working closely with stakeholders across different business functions.
  • Lead Supplier Relationship Management (SRM) for key suppliers, establishing governance structures and managing issues for assigned categories/spend.
  • Collaborate with cross-functional teams, including R&D Functions, Finance, Legal, Quality, to negotiate Master Service Agreements (MSAs), Statements of Work (SOWs), and Change Orders.
  • Meet with senior functional leaders to align with their goals and objectives, prioritizing and aligning sourcing projects to meet corporate goals.
  • Establish Preferred suppliers for clinical studies and other R&D categories, continually evaluating their effectiveness and performance.
  • Lead the supplier selection process (RFx), including the selection of transactional suppliers for designated studies, programs, and/or services.
  • Manage and support Request for Information (RFI) and Request for Proposal (RFP) processes, including bid comparison, analysis, negotiation, and project award.
  • Ensure compliance with all regulatory and reporting requirements related to Supplier Diversity, tracking Supplier Diversity for Commercial RFI and RFP.
  • Compile data to analyze the effectiveness of the Supplier Diversity program against stated goals.
  • Support the procurement management system (SAP Ariba, Contract Management Systems, and Financial Systems).
  • Set up and maintain Supplier Due Diligence/Risk for supplier assessment and selection.
  • Contribute budget-relevant supplier savings by conducting analysis of spending patterns and negotiating best financial terms for Taiho.
  • Ensure cost savings and reduction in supplier spend are achieved without placing risk on the company's quality and operational timelines.
  • Collaborate with the Outsourcing department of Taiho HQ and other Otsuka group companies in Japan and the US to leverage volume purchasing power.
  • Identify and propose opportunities for process improvement of the supplier selection, contract negotiation, and cost-saving components of the outsourcing process.
Requirements
  • Bachelor's Degree in Legal, Life Science, Business Administration, or equivalent; advanced degree is a plus.
  • 8+ years direct experience in procurement and/or sourcing required.
  • Pharma/Biotech industry experience required.
  • 4+ years of R&D (Clinical Studies, CROs, Central Lab, IRT, IRBs, Wearables, Investigators sites, Medical Affairs, HEOR, CMC, and other related ancillary providers) sourcing experience required.
  • Demonstrated ability to execute strategic sourcing methodology (define, gather/analyze, strategy development, implementation, supplier management).
  • Ability to identify and solve complex contractual and operational business challenges.
  • Experience working with cross-functional teams.
  • Clinical and Corporate Sourcing experience is a plus.
  • Experience in managing employees and/or contractors is a plus.
  • Supplier Diversity experience is a plus.
  • Financial analysis experience, including budget management, development of and evaluation of pricing models, ability to perform contract impact analysis, which transfers to negotiations of contracts.
  • Knowledge of internal disciplines such as clinical operations, data management, Pharmacovigilance Operations, Medical Writing, and Regulatory Affairs is a plus.
  • CPM or CPIM certification is a plus.
What We Offer

Taiho Oncology Inc. offers a competitive compensation package, including a base salary range of $176,000 to $207,000 annually, as well as a comprehensive benefits program, including medical, financial, and paid time off benefits.