Senior Strategic Procurement Specialist

Merck; New Jersey; On-site; USD 110,000 - 160,000; Full time

Job summary

Merck in New Jersey seeks a strategic procurement professional to lead supplier management initiatives for Direct Materials Procurement. The role focuses on developing and implementing market intelligence, cost reduction, and supply continuity for pipeline products and commercial lines.

You will collaborate with R&D and Manufacturing divisions to drive supplier strategies, perform data-driven analyses, and manage projects that accelerate organizational performance through effective strategy

Qualifications

• Experience in strategic procurement and supplier management.
• Ability to analyze market data and develop sourcing strategies.
• Familiarity with RFIs/RFPs and e-Auctions.
• Risk management and compliance awareness.

Responsibilities

• Collect and present market trends and dynamics, competitive environment and industry best practices to assist sourcing strategy.
• Collaborate with key functions to ensure seamless execution across modalities until launch and beyond.
• Support procurement objectives including risk management, supplier performance, cost reduction, and supplier relationship management.
• Work with cross functional teams including Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
• Conduct detailed market analyses to provide deep insights.
• Execute early stage sourcing/procurement strategies and implement NPI playbook/process/tools.
• Support supplier/material selection for pipeline programs to ensure savings and readiness.
• Supplier and Supply Market Analysis to provide deep insight to sourcing teams.
• Cost Modeling to analyze cost structures and identify reductions.
• Strategic Analysis to transform information into actionable options.
• Negotiation Planning and post-negotiation follow-ups.
• Sourcing activities including RFIs, RFPs, and e-Auctions with data-driven analysis.
• Risk Assessment and Mitigation planning within the supply base.

Job description

Merck in New Jersey seeks a strategic procurement professional to lead supplier management initiatives for Direct Materials Procurement. The role focuses on developing and implementing market intelligence, cost reduction, and supply continuity for pipeline products and commercial lines.

You will collaborate with R&D and Manufacturing divisions to drive supplier strategies, perform data-driven analyses, and manage projects that accelerate organizational performance through effective strategy