Product Development Sourcing Manager

Merck•Bedford, MA

About The Position

The Product Development Sourcing Manager is responsible for managing global spend and projects within their area, potentially serving as a global lead on specific subcategories. This role involves developing and implementing sourcing strategies to enhance time to market, financial contribution, supply security, innovation, and sustainability. The manager will act as a global market expert, lead complex sourcing projects, and establish strong relationships with stakeholders. They will manage the sourcing activities for assigned NPI/PDP, report on key results, and may serve as a site lead for defined business units. Key responsibilities include managing the PDP/NPI portfolio, focusing on cost savings, risk mitigation, and IP protection, implementing risk management processes, leading strategic negotiations, and supporting sustainability initiatives. Collaboration with MBS/SBS organizations and influencing peers and management on technical challenges are also crucial. The role requires leading and mentoring within the team, championing change, and leveraging analytical and negotiation skills to resolve complex business issues. The ability to manage multiple projects concurrently with a strong understanding of business requirements and project management principles, along with flexibility, innovative thinking, and advanced communication skills, is essential.

Requirements

Bachelor's degree in Supply Chain Management, or other business disciplines OR Mechanical Engineering, Chemical Engineering, or other engineering disciplines, OR Biology, Chemistry, or other science disciplines
3 + years of experience in one or more of the following areas: NPI & Product Development sourcing, supplier management, project management, negotiation, and strategic sourcing.
Proficient in analytical tools, Excel, and ERP systems such as SAP or Oracle.

Nice To Haves

Experienced performing in a fast-paced, goal oriented and time-sensitive environment
Knowledge of manufacturing processes in the respective category with understanding of cGMP manufacturing practices a plus
Experience in a large multi-national organization in the Life Science or Medical Device industry, in a global, matrixed organization supporting and leading strategic sourcing and category management with minimal guidance.
4 + years of experience in sourcing.

Responsibilities

Develop and implement sourcing strategies to enhance time to market, financial contribution, supply security, innovation, and sustainability within relevant spending categories.
Serve as a global market expert in Product Development Sourcing and manage high-complexity sourcing projects in collaboration with cross-functional teams.
Lead the development of global and regional sourcing strategies and initiatives while promoting effective communication within the Sourcing network.
Establish and maintain strong relationships with stakeholders, engaging in consultative discussions to identify value-added opportunities and manage sourcing activities for assigned NPI/PDP.
Regularly report on key results and activities, acting as a business partner for R&D and PMO at various management levels.
May serve as site lead for defined business units and contribute to category strategy definition and objective setting.
Manage the PDP/NPI portfolio, focusing on material and compound costs, proposing cost-saving opportunities, and ensuring risk mitigation and IP protection.
Implement risk management processes and maintain mitigation plans for key materials/services.
Lead strategic negotiations and participate in supplier performance evaluations and sourcing projects, including RFI/RFP processes.
Support sustainability initiatives and ensure compliance with contract management processes and relevant SOPs.
Collaborate with MBS/SBS organizations to facilitate information transfer, escalate issues appropriately, and drive efficiency through the 3S (stop, standardize, and simplify) approach.
Influence peers and management on technical challenges, contributing to sourcing and strategic decisions.
Lead and mentor within the team, serving as a resource for best practices and technical expertise.
Champion change and innovative solutions, leveraging advanced analytical and negotiation skills to resolve complex business issues.
Manage multiple projects concurrently with a strong understanding of business requirements and project management principles.
Exhibit flexibility, innovative thinking, and advanced communication skills to effectively interact with stakeholders at all levels, including senior management.