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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, improve quality, and enhance supplier relationships.

Key Responsibilities:

  • Develop and execute strategic sourcing plans to drive cost savings and improve supplier relationships.
  • Manage data and maintain accurate records within our SAP system.
  • Develop and implement sourcing strategies that mitigate risk and ensure supply continuity.
  • Understand market trends and determine the best suppliers to partner with at a national and local level.
  • Negotiate supply agreements and contracts to ensure lowest cost and supply continuity.
  • Document and articulate savings and value-added benefits to the business.
  • Develop and implement a Supplier Relationship Management program to drive continuous improvement and innovation.
  • Work closely with our cost accounting manager to develop and maintain standard costs.
  • Partner with planning to communicate expected purchasing volume with key suppliers.
  • Eliminate/minimize packaging and raw material obsolescence.
  • Stay up-to-date with current purchasing trends and regulatory policies.
  • Timely resolution of non-conformances and associated follow-up.
  • Participate in projects involving functional areas such as R&D, Operations, Sales, and Marketing.
  • Develop and report KPIs such as supplier cost trends and on-time fulfillment of orders.

Requirements:

  • 7+ years of experience in procurement.
  • SAP experience strongly preferred.
  • Certifications such as CPSM, CSCP, CPM, or CPIM a plus.
  • Proven background of successful procurement strategy implementation.
  • Strong analytical skills and ability to determine and explain usage and pricing variances.
  • Strong interpersonal and organizational skills.
  • Ability to define problems, collect data, establish facts, 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: