Senior Specialist Procurement
Merck
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Job summary
Merck & Co., Inc. in Rahway, NJ is seeking a procurement professional to support Direct Materials procurement for Small and Large Molecules. You will gather, model, and analyze data to drive supplier strategies and enable progress on pipeline and commercial products.
The role emphasizes collaboration with R&D and Manufacturing, cost modeling, and risk mitigation, with a hybrid work arrangement and focus on delivering savings and supply readiness.
Qualifications
- Bachelor’s degree or equivalent in Engineering, Science, Supply Chain or Procurement.
- Minimum 2+ years of relevant work experience in the pharmaceutical industry.
- Excellent verbal and written communication skills with cross-cultural sensitivity.
- Ability to influence external partners to drive meaningful outcomes.
- Advanced data collection, management, analytics and reporting skills.
- Excellent project management skills.
Responsibilities
- Collect and present market trends, dynamics, and industry best practices to aid sourcing strategy.
- Collaborate with cross-functional teams to ensure seamless execution across modalities until launch + 2 years.
- Support procurement objectives: risk management, cost reduction, supplier performance, and new material introduction.
- Manage RFIs, RFPs, and e-Auctions with structured information analysis.
- Conduct market analyses and supplier risk assessments to inform decisions.
- Support New Product Introduction playbook/process/tools and supplier qualification.
Skills
Education
Tools
Job description
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 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.
Direct Materials 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.
Strategic Supplier Management is a rigorous, data-driven methodology which relies upon high quality market intelligence for suppliers, supply markets and supply chains, as well as strategic analysis and reporting of internal business requirements, supplier performance, spend and savings data.
The successful candidate will actively engage in the interphase between our Research & Development Division and our Manufacturing Division by providing supporting strategic sourcing solutions during the development of new Pipeline Products along with support of commercial products.
The successful candidate will be responsible for the gathering, creating, delivering, tracking, analyzing, modeling, and managing data for various strategic initiatives within Small, Large Molecules area of Direct Materials Procurement. The candidate will also support bioconjugates and antibody drug conjugates. 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.
- Responsible to collect and present market trends and dynamics, competitive environment and industry best practices in order to assist in the creation of the sourcing strategy.
- Collaborate along with other key functions - the overall sourcing strategy and ensure seamless execution across all modalities until launch + 2 years.
- Support strategic and operating objectives for the procurement function including, supply risk management, supplier performance improvement, cost reduction, early sourcing execution to support pipeline programs, new material introduction, and the qualification of alternate sources to strengthen supply continuity, 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
- Execute early stage sourcing/procurement strategies and implement New Product Introduction (NPI) playbook/process/tools.
- Support selection of suppliers and/or new materials/components for pipeline programs and inline products to ensure savings and supply readiness.
- 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.
- 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.
- Bachelor’s degree or equivalent in Engineering, Science, Supply Chain or Procurement
- Minimum 2+ years of relevant work experience in the pharmaceutical industry.
- Adaptability and ability to work across multiple enterprise initiatives, able to communicate effectively across different levels of organization.
- Possess excellent verbal and written communication skills including ability to make clear and concise presentations, sensitivity to cultural differences in communication.
- Ability to influence external partners to drive meaningful outcomes.
- Advanced data collection, management, analytics and reporting skills.
- Excellent project management skills
- Ability to work independently with a high degree of flexibility and adaptability to deal with ambiguous and dynamic situations.
- Quick learner and motivated to cultivate technical, business and commercial skills by applying their knowledge within company’s environment.
- Proficient in Microsoft office suite (Excel, PowerPoint, Word)
- Prior pharmaceutical industry experience or any fortune 500 company experience.
- Cost modeling experience
- Experience with using MS Teams, SharePoint or other similar collaboration websites.
- Experience with PowerBI or other data analytic/visualization tools
- Experience with using Excel to manage large datasets.
- Experience managing external relationships.
- Experience with data collection methods.
Your role at our company is integral to helping the world meet new breakthroughs that affect generations to come, and we’re counting on your skills and inventiveness to help make meaningful contributions to global medical advancement.
Adaptability, Adaptability, Analytical Thinking, Antibody Drug Conjugates (ADC), Benchmarking, Contract Management, Data Analytics, Data Collection Methods, Driving Continuous Improvement, Financial Acumen, Flexibility Training, Influencing Skills, Market Analysis, Market Intelligence, Microsoft Excel, Microsoft Office, Microsoft Teams, Negotiation Planning, Pharmaceutical Industry, Pricing Analysis, Procurement, Procurement Management, Production Planning, Project Analysis, Regulatory Compliance {+ 9 more}
Current Employees apply HERE
Current Contingent Workers apply HERE
Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.
As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:
EEOC Know Your Rights
EEOC GINA Supplement
We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.
Learn more about your rights, including under California, Colorado and other US State Acts
The primary location for this posting is:
USA - New Jersey - Rahway
Where required by law, the compensation range for this role is provided below.
Please note the salary range above applies to the Primary Location of the position. Where a role has other listed locations, different compensation guidelines may apply. You may find the salary ranges for additional locations below. If the salary range is not listed for the location you are applying to, our Talent Acquisition team will provide further information to you relevant to your location.
San Francisco Residents Only:
We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance
Los Angeles Residents Only:
We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Regular
No relocation
No
10%
Hybrid
1st - Day
No
n/a
- A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
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