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Strategic Sourcing Category Manager for Professional Services

1 month ago

Cambridge, Massachusetts, United States Alnylam Full time
About the Role

This is a hybrid role that will be primarily located in Cambridge, MA. The Strategic Sourcing Category Manager for Professional Services is a member of the Global Strategic Sourcing Organization (GSS) and is responsible for managing interaction with key stakeholders across various departments to establish best-in-class Sourcing Category Strategies.

The role requires combining a high level of competency and experience in Strategic Sourcing with a solid understanding of Professional Services categories. The Category Manager contributes to maintaining a balanced spend profile, consistent with Alnylam's strategic goals, and has primary responsibility for managing the identification, selection, and implementation of complex business relationships across Alnylam.

The Category Manager plays a role in the ongoing coaching and development of other members of the organization and contributes to initiatives and projects internal to GSS and Finance.

Key Responsibilities
  • Business Partnering with stakeholders responsible for decision-making in various Professional Services Categories.
  • Create and Develop Category Strategies and Plans for key stakeholders, including Finance and Human Resources leadership.
  • Analyze global Category or market trends for assigned material/service purchases and communicate opportunities and recommending action plans based on market trends.
  • Develop and direct annual cost savings initiatives that directly affect company financials and growth plans and generate progressive year-over-year cost reductions.
  • Perform proposal analysis, including spend analytics and price analyses, Should-Cost modeling, Benchmarking, etc.
  • Gain credibility and secure high levels of internal stakeholders' buy-in to category strategies and strategic initiatives.
  • Proactively identify, report, and mitigate risks and establish and execute plans for Business Continuity.
  • Review and approve requests for proposals for assigned materials/services.
  • Develop cost targets for negotiations, negotiation strategy, and implement supply agreements.
  • Lead supplier selection process, identification of alternative sources, supply base rationalization programs, and other relevant strategies to optimize the supply base.
  • Own or support Supplier Relationship Management: Development and measurement of KPIs, supplier audits, business reviews, improvement plans, new opportunities, innovation, awards, terminations, etc., including savings tracking and ongoing communication to management and stakeholders.
  • Provide education and coaching to junior staff that provide project delivery support, ensuring roles and responsibilities are clearly communicated and understood and project goals are met.
  • Own resolution of supplier/service-related issues on assigned categories, including recommendation of changes to policies and procedures that affect the organization.
  • Contribute to and/or lead Strategic Sourcing's and/or Finance Projects as needed.