Strategic Sourcing Manager - Category Management - Remote

Prime Therapeutics•Home, WV
•$66,000 - $106,000•Remote

About The Position

The Strategic Sourcing Manager supports the Sourcing team in executing sourcing strategies for lower-risk, lower-spend, and lower-complexity vendor categories. The role assists with developing vendor strategies, designing and administering RFx events, vendor negotiations, contract drafting and redlining, and other sourcing management functions. The position also supports cross-functional vendor lifecycle management and sourcing initiatives. The role leads procurement activities for assigned vendor categories and supports sourcing strategy development, spend management, contract renewals, extensions, amendments, reporting, department projects, and procurement and contract management system improvements. Potential pay ranges from $66,000 to $106,000, based on experience and skills. The position is remote.

Requirements

  • Bachelor's degree in accounting, finance, or a related area of study, or an equivalent combination of education and/or work experience.
  • At least 2 years of work experience in procurement, buying, supply chain, or strategic sourcing.
  • Must be eligible to work in the United States without requiring work visa or residency sponsorship.
  • Strong verbal and written communication skills.
  • Ability to work effectively in a matrix environment, collaborate, and manage multiple tasks and priorities.
  • Proficiency with Microsoft Office, including Excel, Word, and PowerPoint.
  • Basic understanding of contract drafting and redlining and the sourcing process.
  • Ability to perform the essential functions of the job; reasonable accommodations may be made for employees with disabilities, absent undue hardship.

Nice To Haves

  • Experience with ERP financial systems, sourcing tools, contract lifecycle management systems, and/or related systems.
  • Prior project management experience.

Responsibilities

  • Lead sourcing needs and procurement activities for lower-risk, lower-spend, and lower-complexity vendor categories, including basic option and cost analysis, contract drafting and redlining, and negotiations in accordance with company sourcing processes, standards, and documentation.
  • Support negotiation strategy development, spend management, and action planning for contract renewals, extensions, and amendments; help ensure timely completion and maximum value; research sourcing strategy options and support implementation of strategies approved by leadership.
  • Provide monthly, quarterly, and ad hoc reports on vendor spend, contract clause library, contract pricing, vendor performance, and other research and analysis for the sourcing team and Prime.
  • Participate in department projects and initiatives, including Sourcing and Finance policy management, process improvement, contract audits, contracting project management reporting, competitive sourcing events, and RFP responses.
  • Maintain data integrity, usability, and insights in procurement and contract management systems.
  • Assist with and lead financial and options analysis.
  • Assist Sourcing Managers and the Director in developing and executing the Sourcing systems roadmap and continuous improvement plans.
  • Understand, comply with, and attest to job-specific security responsibilities and controls, and comply with applicable legal, regulatory, contractual, and internal requirements.
  • Perform other duties as assigned.
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