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A leading strategic pharmaceutical services provider in London seeks a Director for Sourcing Execution. This role involves managing the Bid Management and Pricing teams, ensuring operational effectiveness, and driving supplier strategies. The ideal candidate will have strong leadership experience and a background in pharmaceuticals or healthcare, with a focus on collaborative relationships and process improvements.
ClarusONE Sourcing Services, LLP, provides strategic generic pharmaceutical services for both Walmart Stores, Inc. and McKesson Corporation. Its mission is to enable access to affordable medicines, which it has successfully been doing since its inception in 2016.
ClarusONE is a joint venture between Walmart and McKesson, two of the top 10 biggest corporations in the USA, according to the Fortune 500 list. They have more than two decades of history working together to improve the quality and lower the cost of pharmaceutical care to patients. This partnership leverages McKesson’s demonstrated strength and expertise in global pharmaceutical sourcing in conjunction with Walmart’s strength and commitment to delivering leading health and wellness services to their customers.
ClarusONE Sourcing Services is headquartered in London and prides itself on its can-do attitude that has ensured millions of Americans pay less when buying generic pharmaceuticals every day.
Job Title: Director, Sourcing Execution
Location: London, United Kingdom
Level: M4 Job
Purpose: The Sourcing Execution Director is a key leadership role in ClarusONE, reporting to the Senior Director, Sourcing Execution; leading the Bid Management and Pricing & Commercial Operations functions to drive operational effectiveness and implementation of supplier and product strategies across large scale Sourcing events and daily pricing activities.
The Director will manage two value-driving and high performing functions within the Sourcing Execution team, Bid Management and Pricing & Commercial Operations. The Bid Management team leverage bulk processes to execute large-scale sourcing events to meet ClarusONE and its Members\' strategic needs. The Pricing & Commercial Operations team process price changes and resolve discrepancies with suppliers and Members, continually monitoring market dynamics and triggering required action to ensure pricing compliance. The role will seek to drive synergies and maximise value created across the two teams, both commercially and operationally.
From a commercial perspective, partnering with internal Supplier Relations and Strategic Initiatives teams will be critical to ensure that any solicitations and pricing efforts are aligned with the strategic goals of the business. To best understand and achieve objectives of ClarusONE’s Members, partnership with the Member Engagement team will be key, ensuring effective communication and alignment from the inception of an initiative or Sourcing Event throughout its execution.
The Director will be expected to partner with Analytics to drive a test-and-learn approach to large scale Events and pricing initiatives, exploring different approaches to driving Sourcing value and achieving optimum service level and supply availability, tailored to the supplier and / or product-set in focus. The Director will be strategic and data-led in their approach, developing a suite of welldefined and quantifiable success measures and holding the team to account to deliver against agreed financial and non-financial targets. Collaboration with Finance and alignment with wider Sourcing leadership on these success measures will be key.
The role will oversee a combined function that manages hundreds of weekly price changes and thousands of product awards annually, therefore requiring a strong focus on driving operational excellence, being able to identify opportunities for improvement and partnering with Product, Process Improvement and Technology teams to implement necessary changes to processes. There will be a strong commitment to Member SLA’s and adhering to Event and product award timelines, collaboratively resolving issues and escalating where necessary to ensure minimal slippage.
Stakeholder communication is a critical aspect of success in the role, with regular updates and presentation of results to executives within ClarusONE and its Members. The Director will be expected to be an adaptive and collaborative leader, both with the teams they manage and with their colleagues.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.