Senior Specialist, Procurement

Merck; India; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Merck is seeking a Senior Specialist for Analytical Labs Support and Small Molecule Materials Sourcing in India. The role combines analytics with strategic procurement to support laboratory testing and material sourcing.

You will drive supplier selection, risk management, and cost-reduction initiatives, while ensuring compliance with global procurement policies. Collaboration with Legal, Finance, and P2P teams is essential for project success.

Qualifications

• Experience in developing sourcing strategies for analytical lab materials.
• Ability to translate supplier data into actionable insights for cost and risk management.
• Cross-functional collaboration with Legal, Finance, and Procure-to-Pay teams.

Responsibilities

• Support Analytical Labs with sourcing strategy and vendor qualification.
• Lead procurement activities to improve cost, service levels and working capital.
• Conduct market analyses and develop cost models for strategic decisions.
• Upload data to Ariba and procurement dashboards; support SAP data integrity.

Skills

Sourcing Strategy

Analytical Labs

Procurement

Vendor Management

Data Analysis

Tools

Ariba

SAP

Job description

Senior Specialist, Analytical Labs Support and Small Molecule Materials Sourcing

Our company is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where our company has codified its legacy for over a century. Our company's success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.

Our ability to excel depends on the integrity, knowledge, imagination, skill, diversity and teamwork of an individual like you. To this end, we strive to create an environment of mutual respect, encouragement and teamwork. As part of our global team, you will have the opportunity to collaborate with talented and dedicated colleagues while developing and expanding your career.

Advanced Strategy & Procurement is responsible for the development and implementation of all supplier management strategies and initiatives, improving supply chain resiliency, and driving improvements in cost, supplier performance and working capital, in support of manufacturing and supply of our company products.

The successful candidate will be responsible for managing Analytical Labs (60%) and also the gathering, creating, delivering, tracking, analyzing, modeling, and managing data for various strategic initiatives within Small Molecules area of Advanced Strategy and Procurement (40%). Will enable progress on projects and procurement organizational objectives and accelerate organizational performance through effective project management and communications, strategy execution, and focused team performance.

General Responsibilities:

• Support our Company's analytical testing labs. Creating a sourcing strategy, ensuring all chemicals and reagents are available for sourcing and qualifying vendors for risk management.
• Support strategic and operating objectives for the procurement function including product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier diversity development, working capital improvement, and supplier relationship management.
• Work with cross functional teams including Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
• Conduct detailed market analyses looking at facts and data with the objective of providing deep and meaningful insights
• Implement procurement strategies and execute tactical procurement processes. Serve as a resource regarding processes, procedures and systems for procurement function.
• Support selection of suppliers to ensure appropriate savings and service levels. Ensure that all legal contract requirements are met. Manage relationships with selected external contacts to ensure optimal team performance.
• Enforce compliance with all Global Procurement policies and procedures by using a data driven business case approach.

Additional responsibilities are as follows:

• Supplier and Supply Market Analysis - To conduct rigorous market intelligence and detailed supplier and supply market analyses, to provide deep and meaningful insight to sourcing teams.
• Cost Modeling / Cost reduction - To construct detailed cost models/purchase price analysis of goods and services that are supplied to our company. At times, this will require supplier visits to create a complete understanding of the cost structure of suppliers and develop cost reduction opportunities.
• Strategic Analysis - To conduct project analysis which transforms information into insightful, well-structured breakthrough options and opportunities. Examples include Portfolio Analysis, Supplier Preferencing, and Day One Sourcing.
• Data Upload to Ariba and other Procurement Dashboards
• Financial Analysis & Reporting - To prepare analysis and reporting of category spend, savings, compliance, and other metrics. To support the annual budget / profit planning process for the category at the global level. To maintain financial reporting and management systems (including SAP) with up-to-date data on an ongoing basis.
• Negotiation Planning - To create detailed pre-negotiation plans, to support and participate in prolonged negotiation sessions with suppliers and to conduct post negotiation debriefs and follow through plans.
• Sourcing - To create and execute RFIs, RFPs, and e-Auctions, together with subsequent structured information analysis wherever possible using electronic procurement processes.
• Risk Assessment and Mitigation - To conduct effective risk assessment (including Financial Solvency Analysis, compliance with FCPA, Business Partner Code of Conduct, etc.) and establish appropriate risk mitigation plans within the supply-base pursuant to our company Manufacturing Division's risk management framework.
• Category Team Membership - To be an active member of one or more category teams using the techniques and content created in ab