Temporary Sourcing Specialist, Clinical Sourcing
Known for its scientific and operational excellence, Regeneron is a leading science-based biopharmaceutical company that discovers, invents, develops, manufactures, and commercializes medicines for the treatment of serious medical conditions. Regeneron commercializes medicines for eye diseases, high LDL-cholesterol, atopic dermatitis and a rare inflammatory condition and has product candidates in development in other areas of high unmet medical need, including rheumatoid arthritis, asthma, pain, cancer and infectious diseases. Summary . The Sourcing Specialist will support the planning and execution of strategic sourcing initiatives utilizing the sourcing process for Clinical / Global Development. S/he will develop category specifications, requirements and related scope of work that is consistent with the business requirements and Global Category strategy. This position will conduct data gathering, spend analytics, and utilize market intelligence to develop business cases and total cost of ownership models to assist in delivering measurable cost savings, developing multi-year cost avoidance plans, monitor savings against contract. S/he will support evaluations through the development of RFQs, RFIs and RFPs and may participate in negotiations. The Sourcing Specialist actively participates in supplier selection and provides data and recommendations to ensure informed selection decisions. S/he leads supplier on-boarding process while supporting the sourcing manager on the creation and negotiation of contracts. The Strategic Sourcing Specialist will support all vendor management activities that include but are not limited to rough cut capacity planning, managing supply plan details, preparing QBR data, and overseeing and measuring supplier performance. Responsibilities . Works on moderately complex sourcing-related problems and considers relative value of several alternative solutions to potential issues before confirming a final decision as to the path forward. Demonstrates good judgment in selecting methods and techniques for obtaining solutions . Provides detailed analysis and information which may have financial impact on sourcing decisions . Independently manages segments in functional areas, such as data gathering, detailed analysis, and report generation . Operates as a focal point to coordinate and prepare QBRs . Use discretion in applying practices and procedures to resolve issues, demonstrate a broad and thorough understanding and application of technical and/or specialized concepts and knowledge in business . Monitors market dynamics and communicates changes that affect internal client needs . Uses expertise within a sourcing discipline to complete tasks effectively and efficiently and contributes to department initiatives improving process, policy, technology . Networks effectively with senior internal and external personnel across the company and in own area of expertise . Conducts the processes to ensure timely distribution of information to internal and external stakeholders . Solicits and analyzes RFP's, participates in contract negotiations and ensures contracts are realized SLA's, Savings, etc ensuring compliance with pricing agreements and internal policies and procedures . Capable to explain complicated information and effectively lay out pros/cons of alternatives to consider . Capable to manage sourcing projects within a cross-functional collaborative team environment . Cable to handle projects with minimal supervision and demonstrate Integrity, Flexibility, Organization, and Attention to Detail . Requirements #LI-PD1 Education . At a minimun, holds Bachelor's degree plus 6 or more years of relevant, progressive experience within procurement, to include 3yrs or more experience directly in sourcing role Or . Masters plus 4 years or more of relevant, progressive experience within procurement, to include 3 yrs or more experience directly in sourcing role . Work experience within a biopharmaceutical company preferred Experience . Working knowledge of sourcing and procurement, planning, supplier interface and negotiations, systems applications such as Zycus/Ariba, GEP Contracts Management , Spend Analytics, MS PowerPoint, Word, and Excel . Cost modeling knowledge . Excellent verbal and written skills . Ability to formulate high-level presentations . Ability to build consensus, teamwork, and creativity . Program management experience and project management experience preferred This is an opportunity to join our select team that is already leading the way in the Pharmaceutical/Biotech industry. Apply today and learn more about Regeneron's unwavering commitment to combining good science & good business. To all agencies . Please, no phone calls or emails to any employee of Regeneron about this opening. All resumes submitted by search firms/employment agencies to any employee at Regeneron via-email, the internet or in any form and/or method will be deemed the sole property of Regeneron, unless such search firms/employment agencies were engaged by Regeneron for this position and a valid agreement with Regeneron is in place. In the event a candidate who was submitted outside of the Regeneron agency engagement process is hired, no fee or payment of any kind will be paid. Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.