Sourcing Manager

BA Business and Finance

Sourcing for the Commercial Function in support of Medical Communications, Direct Marketing, Conferences and IS/IT Marketing

ISM/CPM Desired



Minimum Requirements

· Degree or equivalent professional qualification

· 5 years work experience

· Minimum of one-year procurement experience, strategic sourcing experience is preferred

· Experience with e-procurement is preferred

· Understanding of contract development and business law is required

· Minimum of one year experience negotiating contracts

· Proved ability to manage multiple projects/tasks effectively

· Strong written and verbal communication skills

· Proficiency in Microsoft Word, Power Point and Excel

· Demonstrated success working in a team environment

· Strong analytical and organizational skills

· Proficiency in Procurement and other business related systems, e.g. ERP, Ariba

· Financial Analysis, e.g.

- Dun & Bradstreet reports

- Credit Scoring



Preferred Requirements

Project (sourcing) background in most, if not all, key categories of commercial spend, such as Agency, Media, Market Research, Medical Education, Conferences, Print, Premiums and Direct Marketing is preferred


Major Responsibilities





Procurement:

- Contribute to procurement plans and projects and makes decisions necessary to purchase products and services in congruence with organizational objectives and category and sourcing strategies. 

- Lead key sourcing projects

- Assemble RFQ data and samples

- Facilitate supplier and internal team around key actions

- Conduct commercial review of procurement requisitions and Statements of Work in accordance with business requirements and budgets, including: 

- cost benefit analysis on planned acquisitions.

- specifications,  performance terms, and/or acceptance criteria. 

- contracts

-  Research and assist in selecting potential sources of materials and/or services. 

-  Evaluate, qualify and develop suppliers for consideration

- Conduct vendor risk assessment and due diligence

- Manage risk with current and future suppliers, maintain compliance and quality standards, and ensure compliance with company policies and procedures

- Coordinate the introduction of new and modified products and services with appropriate departments.

- Contribute to the preparation of competitive bids, quotations and proposals with pertinent specifications, terms and conditions. 

- Play supporting role in the evaluation of competitive offerings to determine the overall best offer for a product or service.  Assist in analyzing proposals in support of the bid evaluation process.

- Assemble RFQ packages for domestic and global sourcing projects.

- Analyze RFQ information and provide recommendations to teams and management.

- Develop and maintain project plans, timelines and resources linked to key initiatives.

- Where delegated from the Account Manager, Category Manager and/or Strategic Buying Team:

- Undertake sourcing events using EzSource

- Prepare, negotiate and maintain supplier contracts and agreements for the supply of standard products and services with new and existing suppliers

- Use company templates to ensure company’s interests are protected under the law.

- Manage risks and protects company’s intellectual property

- Perform activities to support risk management and protection of corporate reputation as needed

- Resolve contract and purchase order differences with suppliers. 

- Expedite deliveries and conduct follow-up procedures when necessary.   

- Resolve payment problems with suppliers and user departments. 

- Maintain appropriate level of administration around contracts and suppliers, e.g. contract database, equipment records and/or specifications.

- Review product availability and/or pricing information with suppliers. 

- Maintain a cost reduction, cost avoidance, cost containment program and reports it via the value database.

- Support the resolution of issues raised in procurement audit reports. 

- Analyze forecasted spend data to assist in the development of the appropriate procurement approach

- Analyze supply market information and leverages this to make effective sourcing decisions

- Assist in developing financial considerations for purchases

- Utilize relevant procurement systems e.g. EzSource, EzBuy, EzView

- Comply with all regulatory and company requirements relevant to the role, e.g. Sarbanes Oxley, Code of Conduct, Financial Control Framework

- Participate in commodity and brand team meetings as needed.



·Relationship Management

      Customer Relationships

- Work closely with key customers to:

- Understand customer priorities

- Agree sourcing plans and set expectations for effective value delivery

- Help the customer understand and engage with company procurement requirements

- New project bidding, supplier selection and cost negotiation

- Drive Sourcing initiatives: savings, on-time delivery, quality and supplier scorecards



Supplier Relationships:

Develops internal and external relationships with suppliers and cross-functional teams with regard to the following:

- Support in reviewing supplier samples and/or demonstrations with the buying organization management and user departments. 

- Maintain and assist in developing lists of recommended sources.

- Coordinate supplier visits and evaluations to determine suitability. 

- Measure supplier performance using rating systems or predetermined standards. 

- Skilfully apply appropriate procurement approach in negotiations.  Independently prepare and lead negotiations to conclusion

- Resolves quality problems with suppliers and user departments and develops measurements for improvement and target setting.

- Develop and drive effective relationships with suppliers

- Conduct interviews with current and prospective supplier sales personnel. 

- Coordinate, review and respond to supplier inquiries, protests and appeals.

Category:	Biotech/Pharmaceutical
Location:	Wilmington, DE
County:	New Castle County
ZIP Code:	19801
Pay Rate:	Open
Job Terms:	4-6 months (contract)
Company:	PSCI
Phone:	302-334-4130
Fax:	302-479-7573