Associate Director Sourcing

Rensselaer, NY
Oct 10, 2019
Required Education
Bachelors Degree
Position Type
Full time
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 Associate Director Sourcing will be responsible to develop & lead the local sourcing strategies within the External Manufacturing CMO space. She/he is a proven business strategy influencer & collaborator by advising Regeneron local commercial teams on supply market dynamics and leading practices which maximize value, minimize risk, and ensure quality & cost effectiveness. The Associate Director Sourcing works effectively with ambiguity to anticipate future local business requirements in complex and/or multiple business unit stakeholder categories. She/he develops strategies to meet future demands. The Associate Director Sourcing executes the local market Supplier Management Program including risk, performance, relationship, and supplier development pillars. She/he will ensure that the global category strategy is consistently executed within their supply market by leading a team of sourcing managers and/or collaborating with sourcing managers and other peers

Essential Duties and Responsibilities include, but are not limited to the following:

• Identifies and resolves unique situations of substantial significance in the sourcing spend under management

• Applies ingenuity and creativity to problem analysis and resolution in complicated and/or novel situations

• Uses independent judgement, sophisticated thought leadership and development skills to execute tasks and drive the local sourcing team

• Either directly or through a matrix structure, manages teams of professional level employees responsible for performing sourcing tasks to carry out local sourcing and supply management tasks

• Serve as the SS&P leader for the associated local governance forums which can include Joint Operating Committee and Annual/Semi-Annual Business Review Meetings

• Directs the local country market sourcing & supplier relationship activities which serve the needs of the business units

• Responsible for local contractual agreements and works with internal legal department to drive any changes that are critical to Regeneron's interest

• Reviews local contracts for key areas of spend; monitor trends/patterns within the spend under management and served as the primary point for local supply market negotiations.

• Identifies and defines sourcing best practices from both within and outside of Regeneron and ensures best practices are adopted.

• Assists with the planning and management of budgets, policies and practices for sourcing function with significant impact on area operations

• Informs and influences decision making at the management and executive level

• Provides coaching and guidance on job performance and career development to direct reports (if applicable) and provides leadership examples for the organization

• Coaches proficiency on procurement technical skills among sourcing managers and peers.

• Leads and directs the local supply market evaluation process by utilizing all available market intelligence, risk, compliance, and financial assessment tools

• Advises and consults on the global Category Management strategy

• Authority to act as the primary relationship manager to the supplier's local country leadership team

• Responsible for conducting local supplier negotiations using a leader mastery level skills set

• Approximately 35% travel, domestic and international

Knowledge and Skills:

• Working knowledge with sourcing contracting tools, ERP's, and eRFx systems preferred. (Oracle, Zycus, GEP, Ariba, Other).

• Ability to leverage standard business applications for communicating, presenting and analyzing (Word, Excel, PowerPoint)

• Cost modeling knowledge

• Excellent verbal and written skills

• Ability to develop detailed business cases

• Ability to build consensus, teamwork, and creativity within a collaborative team with limited supervision

Education and Experience:

• Requires Bachelor's degree plus 10 years of relevant, progressive experience within procurement, to preferably include 7 years directly in sourcing Pharma/Biotech. Will also consider Master's degree plus 8 years of relevant, progressive experience within procurement, to preferably include 5 years directly in sourcing within Pharma/Biotech.

• Strong understanding of sourcing within the External Manufacturing CMO space.

• Demonstrated experience leading multiple spend categories and strategic sourcing teams.

• 2 years of supervisory experience or demonstrated experience leading a matrix team.

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.