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A leading global pharmaceutical company seeks a Global Procurement Manager in Singapore. You will collaborate with cross-functional teams to develop strategies for sourcing, manage supplier relationships, and drive cost efficiencies. The role demands strong technical understanding, excellent management skills, and the ability to navigate complex situations to optimize procurement processes.
I am currently looking for a Global Procurement Manager for one of my Global Pharmaceutical MNC companies. This is an exciting global which sits in Singapore, and will work together with cross functional teams on Global remits.
Title: Global Procurement Manager
Type: Full Time
Salary: SGD 6,500 - SGD 9,200 (negotiable)
Location: West, Singapore
POSITION SUMMARY
This is a global role that requires collaboration with stakeholders across various regions. The Procurement Manager will be responsible for developing category strategies, leading sourcing initiatives and contract negotiations, and ensuring supply continuity and supplier performance. The role aims to drive continuous improvements in cost, cash flow, value, quality, service, processes, and innovation across over 3,800 SKUs managed through third-party Contract Manufacturers (CMOs).
In addition, the Procurement Manager will build and maintain a comprehensive knowledge base for the product portfolio, including cost analysis and strategic planning. The role also involves working with cross-functional teams to develop systems, create and manage a pricing database, and ensure compliance with agreements and company policies.
As a key member of the cross-functional Virtual Site Operating Team (VSOT), operating units, and enabling functions, the incumbent will collaborate with stakeholders to design and execute transformational business and supply strategies, delivering value in a financially constrained environment.
The candidate will also be accountable for preparing regular management reports such as Purchase Price Variance (PPV) reports, supplier claims, and performance scorecards.
POSITION RESPONSIBILITIES
• Portfolio Management and Sourcing
➢ Work across broad cross-functional organizations (External Supply Virtual Site Operation Team (VSOT) , Finance, Global Technical and Engineering, EHS, Quality, Supply Chain colleagues etc) to gather information and build supply database , including pricing details based on the Bill-of-Materials (BOM), budgeted volume vs forecasted volume vs actual shipped quantities. Provide the annual budget pricing to the finance team to support budget submissions.
➢ Responsible for global vision and management of assigned portfolio to deliver value through development and execution of sourcing strategies and strategic supplier relationship management to achieve continuous supply at optimum cost.
➢ Uses applicable Sourcing Management tools in creation and implementation of source/procurement plan to manage assurance of supply, service, quality, cost, innovation and regulatory compliance.
➢ Lead and drive sourcing strategies and activities. Conduct RFI/RFP or RFQ including analysis, negotiation and recommendation of award, and drafting of contracts using corporate contract template.
➢ Support technology transfer in collaboration with Technical, Quality, Operations, Supply Chain and other cross- functional teams.
➢ Manage spend including cost reduction and meeting cost containment targets as well as year-to-year budget improvement. Proactive on cost management through a Total Cost Acquisition approach and improvement initiatives.
➢ Timely submission of budget pricing , Purchase Price Variance (PPV) forecast, including including long range opportunity assessment and any other ad-hoc management reports
➢ Manage supply including alternate sourcing, developing of supply mitigation plan and working with VSOT on inventory buid-up if required.
• Supplier Management
➢ Build and maintain good business relationship with both local and global suppliers.
➢ Manage suppliers’ performance against business requirement, ensures adequate inclusion of diversity suppliers in RFP etc.
➢ Work with suppliers to identify Cost Improvement opportunities.
• Leadership and Stakeholder Management
➢ Successfully holds team member accountable through influencing in the absence of direct reporting relationship.
➢ Effectively drive short and long term plans to support the business
➢ Partner management to champion long term strategic vision and goals
➢ Actively seeks ways to support management to resolve actual or potential barriers in processes, structure or systems to increase team performance.
➢ Develop and maintain relationships with key stakeholders to support the sourcing process to ensure maximum value is captured from sourcing events
➢ Coordinate with other functions and impacted stakeholders to assure timely implementation and compliance with the agreed to sourcing strategies.
➢ Work within Global Sourcing and Procurement and other functions and departments to assist budget owners in development of operating budgets through effective communication of supplier pricing and related cost improvement initiatives.
• Management Reporting
➢ Lead the compilation of periodic management reports including but not limited to LE PPV report, claims, scorecard etc.
➢ Has strong excel knowledge and ability to perform thorough analysis on huge database.
• General Duties
RESOURCES MANAGED
• Financial Accountability: Spend Value to meet or improve on budgeted cost
• Portfolio: Active Pharmaceutical Ingredients (APIs) including raw materials, Finished Dosage Form (FDF) including bulk and packaging
• Geographic coverage: Global
• Internal stakeholders : Integrated OSD and API Operations Leadership team, Operations, Quality, Supply Chain, Regulatory, Technical etc
EDUCATION
Bachelor’s degree required
EXPERIENCE
➢ 5 to 10 years relevant experience
➢ Experience in managing Strategic Sourcing and CMOs in a complex environment in a pharmaceutical industry.
➢ Strong technical knowledges on Contract Manufacturing (API/FDF), Key Starting Materials (KSMs), raw materials and packaging
➢ Able to handle multiple projects concurrently and possess project management experience
➢ Able to influence Functional Leaders and to build trust throughout the organization
We regret to inform that only successful candidates will be shortlisted.