Global Sourcing and Contract Manager
2 weeks ago
The Procurement Category Manager will play a crucial role in developing and executing the global sourcing strategy with suppliers.
This position oversees the management of existing supplier relationships, acting as the key contact for Pharmascience suppliers. The Manager will oversee the improvement of supplier deliveries, increase sustainable cost savings, reduce operational costs, and effectively manage risk through complex contract negotiation, collaboration with R&D to improve commercialization transition between R&D and external supply, and resolving ongoing sourcing/supply issues.
Key Responsibilities:- Develop and execute project plans for major procurement initiatives, including establishing milestones, tracking progress, and working with suppliers and internal customers to minimize costs & risk and maximise supply reliability & quality;
- Lead the competitive bid process, develop performance and evaluation criteria, awards contracts, and evaluate vendor performance;
- Oversee contract development with agreed pricing, schedules, payment terms and conditions, renewals and terminations, ensuring timely signing of agreements following PMS Signing Authority Policy;
- Ensure quarterly business performance reviews with strategic Supply Partners and bi-annual or annual reviews with tier 2 and 3 Supply Partners;
- Work closely with Sales & Marketing and Product Managers from all internal customers (Pendopharm, PMS Canada and PMS International) to ensure accurate demand translation into Supply Plans for Supply Partners;
- Investigate the global market for new Supply Partner candidates and recommend inclusion/exclusion of Supply Partners to ensure optimal selection of Preferred Supply partners;
- Support financial, COGS and PPV budget process steps and be responsible for COGS reduction and PPV budgets.
- Improve supplier delivery, increase sustainable cost savings, reduce operational costs, and effectively manage risk via Supplier Performance Management framework design and implementation;
- Develop and implement supplier life cycle management framework to build an effective supplier network;
- Design and implement standardized processes to execute, monitor, manage, ensure compliance, and terminate contracts where applicable;
- Identify additional savings and reduction of value leakage through targeted contract reviews;
- Lead relationships with assigned key suppliers, ensuring fulfilment of contractual obligations and business partner requirements;
- Build, maintain, and enhance solid relationships with internal stakeholders across the organization to meet business needs;
- Act as internal consultant to business owners through comprehensive understanding of supplier capabilities, market ecosystem, customer and company needs to identify opportunities to expand existing supplier relationships;
- Support management in designing and implementing supplier base health and risk mitigation governance models;
- Conduct regular risk assessments of supply partners and provide recommendations for cost optimization and risk mitigation related to procurement and inventory;
- Coach/mentor the procurement team to increase knowledge and skills within the team.
The successful candidate will possess:
- Bachelor of Business Administration or equivalent
- Masters degree in Business Administration (an asset)
- Minimum 5 – 7 years experience in Procurement of products and services in the Pharmaceutical or related field
- Demonstrated experience in Personnel Management
- Bilingual English / French (oral and written)
- Strong communication and interpersonal skills, demonstrated collaborator
- Demonstrated skills in negotiations and contract management
- Excellent knowledge of Procurement best practices, policies, and regulations
- Ability to execute against multiple projects and excel in a fast-paced, results-oriented work environment
- Good knowledge of financial and legal policies related to Procurement
- Strong organizational skills, mentoring skills, and project management skills
- Positive approach to change and proven aptitude for initiative and innovation
- Proficiency in MS office & SAP
Estimated Salary: $80,000 - $110,000 per year, depending on experience and qualifications.
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