Senior Specialist Procurement

MSD•Upper Gwynedd Township, PA

3d•$96,200 - $151,400•Hybrid

About The Position

Direct Materials Procurement develops and implements 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 supports Strategic Supplier Management through data-driven market intelligence, strategic analysis, and reporting on business requirements, supplier performance, spend, and savings. The successful candidate will work at the interface of the Research & Development and Manufacturing divisions, providing strategic sourcing support for pipeline product development and commercial products. The role gathers, creates, delivers, tracks, analyzes, models, and manages data for strategic initiatives in the Small and Large Molecules areas of Direct Materials Procurement, including bioconjugates and antibody drug conjugates. It supports project progress and procurement objectives through project management, communications, strategy execution, and focused team performance. Responsibilities include supplier and supply-market analysis, cost modeling and reduction, strategic project analysis, negotiation planning, sourcing events, and risk assessment and mitigation. The role also supports early-stage sourcing, the New Product Introduction process, supplier and material selection, and sourcing strategy execution through launch plus two years. Supplier visits may be required to understand cost structures and identify cost-reduction opportunities. The position is based primarily in Rahway, New Jersey, with a hybrid work arrangement and 10% travel.

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 clear and 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.
Proficiency in Microsoft Office, including Excel, PowerPoint, and Word.

Nice To Haves

Prior pharmaceutical-industry experience or experience at a Fortune 500 company.
Cost-modeling experience.
Experience with 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, competitive dynamics, and industry best practices to support sourcing strategy development.
Collaborate with key functions to develop overall sourcing strategies and ensure execution across modalities through launch plus two years.
Support procurement objectives related to supply risk management, supplier performance improvement, cost reduction, early sourcing for pipeline programs, new material introduction, alternate-source qualification, supply continuity, working capital, and supplier relationship management.
Work with Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
Conduct detailed, data-driven market analyses and provide meaningful insights.
Execute early-stage sourcing and procurement strategies and implement the New Product Introduction playbook, process, and tools.
Support selection of suppliers and new materials or components for pipeline programs and inline products to achieve savings and supply readiness.
Conduct supplier and supply-market intelligence and analyses for sourcing teams.
Construct cost models and purchase-price analyses; where 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.
Create pre-negotiation plans, support and participate in 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, and establish risk-mitigation plans within the Manufacturing Division's risk-management framework.