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Global Lead Buyer (Senior Director) - Advanced Sourcing - HYBRID - to $225,000

CHOICE OF: Morristown NJ, Cambridge MA, Framingham MA or Swiftwa, CHOICE OF: Morristown NJ, Cambridge MA, Framingham MA or Swiftwa · $205,000 to $225,000

OPEN JOB: Global Lead Buyer (Senior Director) - Advanced Sourcing
LOCATION: CHOICE OF: Morristown NJ, Cambridge MA, Framingham MA or Swiftwater PA
HYBRID: 3 days on-site, one day needing to be Monday or Friday, rest of week optional/remote
SALARY: $205,000 to $225,000
INDUSTRY: Pharmaceutical / Biotech

Ideal Candidate
  • 10-15+ years of Procurement experience either within Pharmaceutical, Bio/Life science or Automative industry who has been exposed and has experience with R&D AND Raw Material Procurement - has held leadership roles with direct reports or lead teams (this is a Senior Director role)

KEY SKILLS REQUIRED:
  • R&D Procurement
  • Raw Material Procurement
  • Leadership (Management) experience
  • Strong Business Partnering with Business Partnering at corporate level with R&D, CMC, Suppliers
  • Strong negotiation skills
     
About the Job
  • Within this world renown pharmaceutical giant, the Procurement function is a powerhouse maximizing savings to fund the company’s future growth. The Procurement organization is divided into five Domains (Manufacturing & Supply, Marketing & Sales, Professional Services, Scientific & Medical and Digital) leveraging Global Procurement Operations and the Procurement Center of Excellence & Transformation.  The yearly spend coverage is around 15B€ with a special focus on Procurement excellence, Supplier Diversity and Sustainability.
  • Global Lead Buyer - Advanced Sourcing has been introduced in the context of increased importance of procurement role within End-to-End sourcing process for Raw materials into R&D and our way of collaboration with our suppliers. Due to strong launch pipeline, this professional will spearhead raw material strategic sourcing efforts, driving seamless collaboration with preferred partners to accelerate product development, to increase the speed to market and to have the right cost base and manufacturability when launches are actualized and commercial.
  • This role will play a pivotal role in supporting launch enablement for products in pre-clinical, phase 1 or phase 2 of development by proactively launching catalogues with pre-selected specifications, technologies along with preferred suppliers, and by fostering innovation in partnership with suppliers.
  • The responsibilities will encompass strategic planning of Bill of Materials for raw materials, supplier selection during the phase, risk mitigation, and cross-functional collaboration to ensure a robust and agile supply chain that meets the evolving needs of our stakeholders, business and regulatory environment.
  • Additionally, Global Lead Buyer - Advanced Sourcing will focus on material cost sustainability while transitioning from development to manufacturing, ensuring high quality raw materials, efficient supplier capacity and capability and optimal continuous cost competitiveness.
  • The Lead plays a critical role in developing strategic partnerships with suppliers, driving innovation, and fostering collaboration to achieve mutual business objectives.

Main Responsibilities
  • Preferred Partner Selection for R&D and Platform Sourcing: Identify, evaluate, and select preferred partners in alignment with each Raw Material subcategory strategy. This includes thorough assessment of capabilities, reliability, and compatibility of suppliers with our business goals. Early engagement to the Bill of Material process will be key.
  • Implementation and Adherence to Platform Sourcing by stakeholders: Oversee the implementation of preferred partner agreements and ensure strict adherence and compliance to selection standards set by functions/ business units.
  • Platform Sourcing: Lead pre-aligned platform sourcing initiatives applicable to R&D, industrialization, commercialization, and life cycle management phases. Drive continuous improvement and optimization of sourcing processes to enhance efficiency, effectiveness a lower future cost through harmonized supplier, harmonized specification. Create additional contractual benefits/levers with preferred suppliers, when platform sourcing is in place.
  • Optimized Supply Chain Management for pre-agreed Catalogues: By proactively sourcing raw materials in advance and collaborating closely with suppliers, the lead ensures that the necessary materials are available in sufficient quantities and meet the required quality standards to support product launch timelines. Measure current performance of existing suppliers and identify success factors for selection. Create consignment stocks for R&D and MSAT for hosted catalogue raw materials with selected partners, for helping optimize the supply chain, reducing lead times, minimizing inventory holding costs, and improving overall supply chain efficiency for R&D and MSAT.
  • Supplier Collaboration: Coordinate visits to supplier innovation labs or vice versa. Foster strong collaborative relationships with preferred partners, focusing on supply chain optimization, material science advancements, and manufacturability elements. Encourage innovation and knowledge-sharing to accelerate time-to-market and improve cost efficiency. In addition, activate the regulatory support through supplier collaboration, since timely access to high-quality raw materials can facilitate smoother regulatory approval processes by ensuring consistency and reliability in product formulations and manufacturing processes. This can help expedite regulatory submissions and approvals, leading to faster market entry for new pharmaceutical products.
  • Joint Innovation Workshops: Organize joint innovation workshops or brainstorming sessions with key suppliers across RM subcategories to identify opportunities for improvement and innovation. Encourage open dialogue and creative thinking to generate new ideas and solutions. Implementing innovative solutions developed through collaboration with suppliers can differentiate our company in the market and enhance its value proposition. This can lead to increased market share, higher customer satisfaction, and ultimately, greater revenue generation.
  • Technology Scouting: Stay abreast of emerging technologies and industry trends relevant to raw material procurement and manufacturing processes. Work closely with suppliers to evaluate and adopt innovative technologies that can enhance efficiency, quality, and sustainability.
  • Supplier Hackathons: Organize supplier hackathons or innovation challenges where suppliers are invited to propose solutions to specific business challenges or opportunities both in R&D and M&S space.
  • Performance Monitoring and Reporting: Develop key performance indicators (KPIs) and metrics to monitor supplier performance and track progress towards strategic collaboration goals. Provide regular reports and updates to senior management on supplier collaboration initiatives and outcomes.
  • Cross-functional Collaboration: Collaborate closely with R&D, Manufacturing, Quality Assurance, Regulatory Affairs, and other relevant stakeholders to ensure seamless integration of preferred supplier and specification.

REQUIREMENTS:
Experience:
  • Strategic Sourcing within R&D and Raw Materials space in the automotive, pharmaceutical or biotechnology industry
Qualifications:
  • Supplier landscape know-how & demonstrated track record of achieving significant cost savings
Soft Skills/ Technical skills: 
  • The position requires sourcing professional skills with a strong ability to engage and align stakeholders at all levels of the organization, and to have transversal / project management skills in a multi-cultural environment: 
  • Ensure proper Business Partnering at corporate level with R&D, CMC, MSAT and Suppliers.
  • Strong understanding of raw materials’ procurement value chain from R&D up to LCM, contracting, supply chain dynamics and industry trends
  • Good knowledge of R&D Phases, Launch enablement and Life Cycle Management
  • Leverage E2E Technology platforms to ensure procurement strategies are applicable across the board.
  • Assertive, high-level communicator, good organizational skills, excellent presentation skills, Team player with excellent interpersonal sensitivity 
  • Experienced and confident in managing complex and undefined business situations. 
  • Influential management, ability to convince and persuade others regarding appropriate solutions 
  • Transversal Management skills are required for this position. 
  • High sense of Ethics, Business integrity and compliance in doing business 
Education:
  • Minimum University degree from an accredited College or University.
  • Procurement certifications are plus.

If you are interested in pursuing this opportunity, please respond back and include the following:
 
  • MS WORD Resume
  • required compensation.
  • Contact information.
  • Availability
 
Upon receipt, one of our managers will contact you to discuss the position in full detail.

Jason Denmark
Recruiting Manager
INTERMEDIA GROUP, INC.
EMAIL: jdenmark@intermediagroup.com
LINKEDIN: https://www.linkedin.com/in/jasondenmark/
 

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