Strategic Sourcing Lead - Market Research & Data

Otsuka Pharmaceutical Co., Ltd; Princeton (NJ); On-site; USD 134,615 - 201,250; Full time

Benefits offered by this job

Comprehensive medical, dental, vision,

Prescription drug coverage

Company provided basic life, AD&D

Short-term and long-term disability

Tuition reimbursement

Student loan assistance

401(k) match

Flexible time off

Paid holidays

Paid leave programs

Job summary

Otsuka Pharmaceutical Co., Ltd is seeking a Senior Manager of Commercial Strategic Sourcing for Market Research/Data in Princeton, NJ. You will execute sourcing strategies, manage key vendor relationships, and negotiate contracts with significant financial impact.

The role emphasizes driving annual savings, collaborating with FP&A and cross-functional teams, and ensuring policy compliance across sourcing activities in a pharmaceutical environment.

Qualifications

• Bachelor's degree in Business, Supply Chain, or relevant technical field is required.
• MBA/MS advanced degree is preferred.
• 3–5 years of Commercial Strategic Sourcing experience in pharma or related industry.

Responsibilities

• Execute a Sourcing vision and strategy aligned with business needs and financial controls.
• Manage relationships with key vendors to enable continuous improvement and innovation.
• Lead negotiations on high-value contracts, including multiple contracts over $10M.
• Drive 10–15% annual savings within in-scope spend areas and report progress to leaders.

Skills

Executive presence

Negotiation

Analytical skills

Communication

Education

Bachelor's degree in Business, Supply Chain, or relevant

MBA/MS preferred

Job description

Otsuka Pharmaceutical Co., Ltd is seeking a Senior Manager of Commercial Strategic Sourcing for Market Research/Data in Princeton, NJ. You will execute sourcing strategies, manage key vendor relationships, and negotiate contracts with significant financial impact.

The role emphasizes driving annual savings, collaborating with FP&A and cross-functional teams, and ensuring policy compliance across sourcing activities in a pharmaceutical environment.