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Manager Strategic Sourcing Life Sciences

Red - The Global SAP Solutions Provider

Posted on Jun 3, 2022 by Red - The Global SAP Solutions Provider

Not Specified, PR
Immediate Start
Annual Salary

Job Summary
The Manager of Strategic Sourcing for Americas' is responsible for owning and optimizing complex portfolios across lab supplies and Life sciences, delivering efficiencies on the $300m ~ $500m cost of goods sold (COGS). In partnership with key stakeholders and wider global sourcing teams, this key sourcing role will utilize strategic sourcing best practices, data analytics, and stakeholder engagement to reduce the total cost of ownership (TCO) of many business-critical products and services.

Key responsibilities:
* Lead Cost reduction & Value creation initiatives with Key suppliers.
* Design and implement best-practice sourcing strategies, using data analytics and industry intelligence to meet cost savings targets. Incorporate key cost drivers (price, product, process), with targeted improvements in cost and operational efficiency;
* Set priorities based on stakeholder input, savings potential, and organizational readiness;
* Conduct the annual price collection and negotiation program for North American contracts.
* Forge professional and effective relationships with key stakeholders, supply chain colleagues, process partners, and vendors;
* Develop and own strategic contract roadmaps, demonstrating a pro-active approach to negotiation and long-term vision for category development;
* Proactively analyze spend data to determine new opportunities, or by enhancing existing contracts;
* Identify and lead bid opportunities and prepare timely RFP's utilizing technology eg e-sourcing, where applicable;
* Prepare for, lead and support key vendor negotiations;
* Act as a liaison to assist key stakeholders to achieve business objectives;
* Produce and present monthly reports and status updates to senior leaders.

Key attributes:
* Possess excellent communication skills at multiple levels of a global organization;
* Ability to influence and work in a Collaborative Environment.
* Ability to prepare and present presentations and financial analysis to leaders;
* Ability to resolve challenging issues and flag potential issues to relevant teams;
* Ability to successfully prepare for and lead commercial negotiations;
* Pro-active attitude with regards to new opportunities, 'nothing is impossible' mentality
* Commercial astuteness aligned to sourcing best practices

Technical requirements
* 5 - 7 years + experience in Strategic sourcing. To include - competitive bidding, negotiations, vendor and contract management, value analysis, business case development, financial analysis, forging positive stakeholder relationships. Excellent data analytical skills, proficient in Excel and other MS Office applications.

Educational requirements
* Bachelor's degree

Preferred education and technical requirements
* Bachelor's degree in Supply Chain and/or Finance
* Advanced proficiency with Excel, PowerPoint, data analysis, business case development, ERP systems eg SAP

Reference: 1618317235

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