Strategic Sourcing Manager # 93079

Position : Strategic Sourcing Manager # 93079 Duration: 4 months Location: Whippany, New Jersey 07981   Requirements: - BA/BS Degree or equivalent experience. - Fluent in written and spoken English. A second language will be an advantage.Experience: - At least 3 years’ experience with progressively increasing responsibility within a major pharmaceutical company or leading Contract Research Organization. - The ability to establish strong credibility with both internal and external colleagues and vendors based on previous experience is a pre-requisite.Competencies: - A basic understanding of research and development processes, financial management, procurement and purchasing and contract law. - An understanding of the service supplier industry. - Negotiation skills are essential to ensure that all contract negotiations are conducted effectively and with consistency within the BHC procurement guidelines. - Effective communication skills to enable the incumbent to effectively create and maintain alliances with both internal and external colleagues. - Ability to multi-task, time-manage and use initiative.  Description: - This position reports into Head of Global Sourcing Area and works within BHC Procurement across legal entities and national boundaries with astrong focus on procurement strategy and service delivery. - This position would provide contract support within a therapeutic or division specialty. - This position will also support the identification, selection, and management of suppliers and contracts across the sourcing area. - Ensuring key needs of project team are met within the global R&D sourcing strategy. - Develops and maintains constructive relationships with internal personnel/ functions who utilize R&D services. - Serves as the focal point for incoming information related to a specific sourcing project. - Contributes to the ongoing process improvement activities within the R&D Sourcing Services area, ensuring compliance with relevant SOPs and processes.Financial & Performance Management - Contributing to BHC Procurement savings and synergy targets through effective contract negotiation.. - Ensures contract payment schedules are within R&D sourcing strategy and BHC procurement guidelines. - Coordinates payment process with key customer and vendor. - Ensures quality control and quality management throughout the sourcing and contracting function. - Analyzes, tracks, and utilizes performance data within a centralized repository.Vendor Selection, Management & Contracting - Establishes an effective relationship with key service vendors. - Supports project teams in the identification and selection of vendors through an effective Request for Proposal process. - Negotiates and executes Letter of Intent, Master Service Agreement attachments and associated appendices, contract and payment schedules, as necessary, with suppliers, in collaboration with legal representatives. - Ensures the ongoing protection of BHC by identifying risks andrisk mitigation processes within all contracts. - Facilitates contract re-negotiations according to changes in scope and execute contract amendments. - Mediates and facilitates resolution of project-related issues between vendor and project team. - Evaluates service provided by vendors based on delivery, budget and quality parameters. - Maintains awareness of vendor market. - Value added to the success of the company - what are the main objectives of the function? - The incumbent must ensure that services are purchased at the appropriate price. - Appropriate and effective selection and management of vendors will contribute to both cost savings and also positively impact NDA submission timelines and subsequent product launches. - This effectiveness is measured by ongoing Key Performance Indicators and benchmarks. - The incumbent must facilitate both internal and external relationships – using tactful and diplomatic strategies to result in a win-win situation for both internal and external challenges. - Negotiation of project-specific contracts – ongoing liaison with suppliers, as well as with internal procurement and legal colleagues. - Contribution context (Multiple choice of a pick list + free text with limited characters) - Establishing contract language approved by legal as well as implementing sound and reasonable payment terms. - Negotiating vendor budgets including specific line item detail. - Make objective and constructive contributions to the selection and management of vendors.