R&D Strategic Sourcing Manager
2 weeks ago
R&D Strategic Sourcing Manager
6 month contract
Must be able to work on a W2
Remote, EST Hours, preference to local to Waltham, MA
Job Summary
The Procurement Manager is responsible for leading the creation, execution, and management of comprehensive global sourcing strategies for specified global spend categories within R&D. This role will implement strong procurement strategies, ensure team goals are met, and manage procurement plans and strategic sourcing initiatives across the organization.
Responsibilities
- Develop relationships with internal stakeholders to understand procurement needs and identify strategic sourcing opportunities; educate and train teams on sourcing policies, processes, and systems.
- Demonstrate knowledge of R&D procurement categories and relevant industries/markets to engage with senior stakeholders and support R&D requirements.
- Develop and align category sourcing strategies for R&D spend with senior stakeholders.
- Apply strategic relationship management best practices to enhance key R&D services with third-party partners, including alignment, engagement compliance, performance assessments, risk management, and continuous improvement.
- Develop and deliver performance goals (e.g., savings, cash flow, supplier diversity, management monitoring).
- Implement systems and procedures aligned with organizational and corporate objectives to optimize procurement performance; maintain strong relationships with Legal and Finance.
- Maximize adherence to corporate contracts and e-catalogs; manage key supplier relationships, track performance, reduce supply base, and improve supplier performance while ensuring site compliance.
- Lead category-level sourcing initiatives including RFIs/RFQs/RFPs, supplier qualification, supplier analysis, total cost analysis, contract negotiation, and supplier selection.
- Support corporate sourcing initiatives and achieve cost-savings goals.
Required Education & Experience
- Bachelor's degree in life sciences or business.
- 5-8 years of experience in procurement, sourcing, or a closely related field.
- Strong understanding of the pharmaceutical research and development process.
- Proven RFx experience in a cross-functional environment.
- Demonstrated ability to deliver tangible results in a global, complex environment.
- Extensive experience managing cross-functional teams.
- Experience working with multiple teams and projects simultaneously.
Preferred Education & Experience
- Participation in a purchasing-related professional organization.
- CPM certification.
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