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Sourcing Associate

Company: Analysts
Location: Princeton
Posted on: April 8, 2021

Job Description:

ACS Solutions has an immediate need for a Sourcing Excellence Contractor with experience in the Pharmaceutical Industry. This is a 06 month contract opportunity and is located in Princeton NJ. Our client is a leading Pharmaceutical company.Please review the job description below:Description:The role of Sourcing Excellence, Contractor for R&D Contracting within the Strategic Sourcing & Procurement ('Procurement') function, will be to understand R&D business requirements and translate them into effectively leading R&D sourcing projects (including RFx's) and contracting, develop Master Services Agreement, Laboratory Service Agreements and Statements of Work as applicable to R&D categories for indirect/service agreement. It will be key for this individual to manage the effective collaboration with cross-functional stakeholders, including Legal, R&D business, Global Process Owners, and other important cross-functional teams. MUST HAVE R&D AND CONTRACT MANAGEMENT EXPERIENCE. Major Responsibilities and Accountabilities:

  • Understand and translate R&D business requirements into sourcing projects and contracts.
  • Contract Negotiation and Development - ability to negotiate and draft Commercial Terms and defend Legal Terms on standard internal template agreements for R&D categories.
  • Facilitate continuous improvement and ideation that will enable the Business Partner, Category and Functional Leads to achieve strategic objectives.
  • Lead cross-functional teams to manage R&D sourcing projects in support of business requirements and expected business outcomes.
  • Business partnering with R&D and Global Procurement and other functional areas, e.g. Legal, and Finance, globally. Extensive interaction with Business Partners is required to ensure that strategies, objectives, total costs are aligned and optimal savings are realized in the execution of contracts.
  • Build, maintain and enhance relationships with leading R&D suppliers and internal stakeholders
  • Leads in the development and evaluation of supplier Requests for Information/Proposal/Solution (RFx's) including ensuring comprehensive requirements and specifications, pricing models and contract terms are included.
  • Lead and manage the full RFx process from RFx development through contract execution.
  • Evaluate competitive offerings to determine the overall best offer for goods or services.
  • Negotiate and/or issue contracts, amendments, and attachments obtaining legal review and approval of a contract when required.
  • Review and critically assess business specifications and statements of work; negotiate and develop those contracts for review and approval.
  • Manages multiple, complex projects independently.
  • Aligns Procurement goals with client's business objectives.
  • Apply appropriate business analytics to review proposals and provide accurate financial comparisons of business proposals
  • Drive sustainable/substantial cost savings and value beyond savings for R&D category.
  • Utilize e-Procurement tools (Ariba) to manage sourcing projects
  • Operate as trusted advisor by providing procurement insights and subject matter expertise to internal stakeholders Internal/External Stakeholders:
    • Procurement Functional Leadership
    • Global Process Owners
    • Sourcing Excellence Functional Leads / Teams
    • CLIENT Legal Teams Qualifications:Minimum Requirements:
      • Experience managing sourcing projects and contracting related to the following categories within Clinical Development and Real World Data is strongly preferred: CRO Services, Centralized Diagnostics, Patient and Site Services, Clinical Technologies, Functional Partnerships.
      • Experience negotiating with top tier R&D suppliers for indirect/services agreements
      • Bachelor's degree is required, Masters Preferred
      • 5+ years in Indirect Procurement Services Categories preferably supporting R&D.
      • Experience in evaluating the market, assessing suppliers, negotiating complex contracts, drafting and red-lining contractual agreements and financial analysis.
      • Demonstrated ability to partner with and manage internal stakeholders at all levels within a highly matrixed organization, working across cross-functional, cross-organizational teams.
      • Legal training/qualification/experience could be a differentiator
      • Proficient in the use of MS Word, Excel and PowerPoint. Preferred Qualifications:
        • Pharmaceutical Procurement experience
        • Demonstrated leadership, procurement and business acumen
        • Demonstrated analytical and strong problem-solving skills, and the ability to collaborate cross-functionally.
        • A proactive, creative and analytical approach to challenges.
        • Demonstrated high degree of independence, requiring minimal supervision.
        • Demonstrated ability to partner, manage and influence.
        • Ability to demonstrate both empathy and assertiveness when communicating a need and/or defending a position/decision.If it creates an interest for you, please email me the latest copy of your resume.Thanks,Charu Yadav ABOUT ACS SOLUTIONS. - ACS Solutions is a premier provider of IT Consulting, Engineering Consulting, Healthcare, Talent, and Workforce Management Solutions to Fortune 1000 companies globally. Our operating brands have provided targeted services and solutions for more than 50 years. We serve our clients through four operating companies: * AIC *Analysts *ComforceHealth *HireGenics Recent Recognitions: #No. 6 Largest IT staffing Firm in the U.S. (2019 SIA) #Largest Minority-Owned IT Staffing Firm in the U.S. (2018 SIA) # No. 8 Largest IT Staffing Firm in the U.S. (2018 SIA) #Inavero's Best of Staffing-- Client Diamond Award (2018). #National Class lV Supplier of the Year Finalist and a Regional Class IV Supplier of the Year by NMSDC #Inavero's Best of Staffing--Client Diamond Award Winner(2017) Website:

Keywords: Analysts, Trenton , Sourcing Associate, Other , Princeton, New Jersey

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