Sourcing Manager

Merck; West Point (PA); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Merck & Co., Inc. Rahway, NJ is seeking a Sourcing Manager to provide procurement support for Clinical Trial FSP, analyzing suppliers, budgets and contracts to inform sourcing strategies.

You will run RFIs, RFPs and RFQs using Ariba, negotiate budgets, execute and manage contracts, and partner with clinical, procurement and finance teams to deliver strategic supplier relationships and performance improvements.

Qualifications

• BS/BA; MBA or advanced degree desirable.
• Six Sigma certification desirable.
• Procurement, sourcing or related field experience preferred with strong analytical skills.

Responsibilities

• Sourcing: create and execute RFIs, RFPs, RFQs using Ariba.
• Budget negotiations based on internal specs, supplier costs, and benchmarks.
• Contract execution and management with legal and senior management involvement.
• Provide guidance on budgetary and contractual impacts as part of cross-functional teams.
• Collaborate with stakeholders to develop strategic supplier relationships.
• Monitor, report and drive continuous supplier performance improvements.

Skills

Analytical Thinking

Adaptability

Contract Management

Data Analytics

Risk Management

Vendor Management

Education

BS/BA

MBA or advanced degree desirable

Six Sigma certification desirable

Tools

Excel

Ariba

Job description

Job Description

Sourcing Manager
The selected candidate will provide procurement support for Clinical Trial Functional Service Provider (FSP). This includes strategic analysis of suppliers, supply markets and supply chains to inform the development, execution and ongoing management of clinical sourcing strategies. Key data includes internal budgets, supplier budgets and invoicing information. This role works closely with internal stakeholders in the clinical research, procurement, and finance organizations to achieve cross-functional business objectives. The Sourcing Manager is also responsible for certain aspects of contract execution and ongoing contract management. This role will report to the Associate Director to support high quality sourcing initiatives and procurement category management.

Primary Activities Include

• Sourcing - to create and execute RFIs, RFPs, RFQs together with structured information analysis and using Ariba systems
• Budget Negotiation - to conduct negotiations with suppliers based on detailed analysis of internal specifications, supplier costs, and internal benchmarks
• Contract Execution and Management - to prepare, finesse, and implement appropriate forms of contract and commitment with suppliers involving legal counsel and senior management as needed
• Stakeholder Support - to provide appropriate guidance around budgetary and contractual impacts of decisions/actions as part of a cross-functional team
• Appropriately escal... to procurement management and other functional areas such as legal, privacy, compliance, etc
• Business Partnering - to work closely with scientific and operational stakeholders and to develop successful, long-term, strategic relationships that enable joint achievement of shared organizational objectives
• Supplier Performance Management - to monitor, report, manage, and continuously improve supplier performance as part of a cross-functional team
• Supplier and Supply Market Analysis – to evaluate suppliers and supply markets based on facts, data, reports, and changes in technology with the objective of providing deep and meaningful insight to Sourcing Management teams
• Category Team Membership – to be an active member of a category team to influence the development and optimization of ongoing supplier and sourcing strategies

Minimum Education Requirement

• BS/BA. Certification in six sigma desirable. MBA or advanced degree are desirable.

Required Experience And Skills

• Minimum of 5 years professional experience in roles such as, but not limited to, procurement, purchasing, supply chain management, finance, vendor management, with a strong understanding of procurement processes, systems, and methodologies
• Superior analytical skills in evaluating complex clinical trial budgets, comparing supplier bids and internal benchmarking data
• Ability to negotiate and influence stakeholders and suppliers in the context of a challenging clinical trial environment
• Excellent interpersonal and communication skills (oral and written) and the ability to communicate well with varying levels of management. Formal presentations are required
• Must be adaptable in dealing with ambiguous and complex environments
• Able to effectively lead work within diverse cross functional teams to achieve client, department, and company goals
• Requirements for critical thinking, problem-solving, and the ability to work independently with minimal guidance from manager.

Preferred Experience And Skills

• Knowledge and understanding of pharmaceutical industry, clinical research process and clinical trial operations
• Extensive experience in managing sponsor/supplier interactions across various roles, including business development, project management, contract management, and relationship management.
• Proficiency working in Excel and Ariba

Required Skills

Adaptability, Analytical Thinking, Benchmarking, Contract Management, Data Analytics, Driving Continuous Improvement, Financial Acumen, Influencing Skills, Procurement Management, Production Planning, Regulatory Compliance, Risk Management, Supplier Selection, Supply Chain Processes, Vendor Management.

US And Puerto Rico Residents Only

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.

Requirements

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:
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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.
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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

Search Firm Representatives Please Read Carefully

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.

Employee Status

Regular

Relocation

No relocation

VISA Sponsorship

No

Travel Requirements

No Travel Required

Flexible Work Arrangements

Hybrid

Shift

Not Indicated

Valid Driving License

No

Hazardous Material(s)

N/A

Job Posting End Date

• 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.

Requisition ID:R414924