Senior Specialist, Procurement

MSD•Upper Gwynedd Township, PA

1d•$96,200 - $151,400•Hybrid

About The Position

The Senior Specialist, Procurement supports Direct Materials Procurement’s supplier management strategies and initiatives to improve supply-chain resiliency, cost, supplier performance, and working capital in support of manufacturing and product supply. The role works at the interface of Research & Development and Manufacturing, providing strategic sourcing support for pipeline product development and commercial products, particularly in Small and Large Molecules, as well as bioconjugates and antibody drug conjugates. The successful candidate gathers, creates, delivers, tracks, analyzes, models, and manages data for strategic initiatives. The role advances procurement projects and organizational objectives through project management, communication, strategy execution, and focused team performance. It uses supplier, supply-market, business-requirement, performance, spend, and savings information to produce market intelligence, analyses, and sourcing insights. The position is based in Rahway, New Jersey, with a hybrid work arrangement, a first-shift schedule, and 10% travel. Relocation is not offered. The stated base salary range for the primary location is $96,200 to $151,400, and the successful candidate is eligible for an annual bonus and long-term incentive, if applicable. The company offers medical, dental, vision, and other insurance benefits, retirement benefits including a 401(k), paid holidays, vacation, and compassionate and sick days.

Requirements

Bachelor’s degree or equivalent in Engineering, Science, Supply Chain, or Procurement.
At least 2 years of relevant work experience in the pharmaceutical industry.
Adaptability and ability to work across multiple enterprise initiatives and communicate effectively across organizational levels.
Excellent verbal and written communication skills, including the ability to make clear, concise presentations and sensitivity to cultural differences in communication.
Ability to influence external partners to drive meaningful outcomes.
Advanced data collection, management, analytics, and reporting skills.
Excellent project-management skills.
Ability to work independently with flexibility and adaptability in ambiguous and dynamic situations.
Ability and motivation to learn and develop technical, business, and commercial skills by applying existing knowledge in the company’s environment.
Proficiency in Microsoft Office, including Excel, PowerPoint, and Word.
Required skills listed in the posting: 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, and vendor management.

Nice To Haves

Prior pharmaceutical-industry experience or experience at a Fortune 500 company.
Cost-modeling experience.
Experience using Microsoft Teams, SharePoint, or similar collaboration websites.
Experience with Power BI or other data analytics or visualization tools.
Experience using Excel to manage large datasets.
Experience managing external relationships.
Experience with data-collection methods.

Responsibilities

Collect and present market trends, market dynamics, competitive information, and industry best practices to support sourcing strategy development.
Collaborate with key functions on sourcing strategy and ensure execution across modalities through launch and the following two years.
Support procurement objectives involving supply risk management, supplier performance improvement, cost reduction, early sourcing for pipeline programs, new material introduction, alternate-source qualification, supply continuity, working-capital improvement, and supplier relationship management.
Work with Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
Conduct detailed, fact- and data-based market analyses to provide meaningful insights.
Execute early-stage sourcing and procurement strategies and implement the New Product Introduction playbook, process, and tools.
Support supplier and material or component selection for pipeline programs and inline products to achieve savings and supply readiness.
Conduct supplier and supply-market intelligence and analyses for sourcing teams.
Construct detailed cost models and purchase-price analyses; when needed, visit suppliers to understand cost structures and identify cost-reduction opportunities.
Conduct strategic project analyses, including portfolio analysis, supplier preferencing, and Day One Sourcing, and develop structured options and opportunities.
Create detailed pre-negotiation plans, support and participate in extended supplier negotiations, and conduct post-negotiation debriefs and follow-through plans.
Create and execute RFIs, RFPs, and e-auctions, and analyze resulting information using electronic procurement processes where possible.
Conduct risk assessments, including financial solvency and compliance assessments related to FCPA and the Business Partner Code of Conduct, and establish risk-mitigation plans under the Manufacturing Division risk-management framework.