Director, Sourcing Strategy
Princeton, NJ 
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Posted 7 days ago
Job Description

Job Summary

Sourcing Strategy and Execution (SSE) leverages the provider market landscape with Otsuka partners to:

  • develop sourcing strategiesthat address long-term business needs, and
  • enable the execution ofcompetitive contracts.

SSE contributes to mitigate risk, increase performance, and drive efficiencies for R&D services to better serve our patients.

This position leverages sourcing strategy best practice by developing and implementing optimal sourcing strategies and leading a provider relationship management program with strategic providers in close collaboration with partners and SSE team to support R&D needs with providers.

Job Description/Key responsibilities

Management:

  • Promotes and leads a team of Sourcing Strategy Category Leaders that best support company strategy
  • Defines goals based on business needs and functional objectives
  • Hires, on-boards, develops and retains Sourcing Strategy Category Leaders
  • Assesses competencies, identifies training needs, and develops Sourcing Strategy Category Leaders
  • Assigns sourcing categories and manages workload
  • Monitors and reports activity progress

Strategy:

  • Establishes close working relationships with functional category sponsors and functional category owners to ensure the highest service level
  • Understands business strategy and business objectives
  • Ensures sourcing strategies, templates, and provider relationship management are developed and implemented for selected strategic categories
  • Leverages provider market landscape
  • Develops and implements sourcing strategies for service categories to support long-term business needs
  • Identifies preferred providers that best support current and future business needs/requirements for selected service categories with functional category owners
  • Negotiates and implements competitive agreements with strategic providers
  • Develops category-specific sourcing templates and tools
  • Works with functional category owner to define KPIs and monitor provider performance
  • Coordinates a provider relationship management program with regular governance meetings with strategic providers when relevant
  • Ensures sourcing strategy documentation is properly formalized and filed for inspection readiness
  • Provides any sourcing support and expertise as required

Requirements

Qualification/experience

  • Bachelor degree in management or science
  • Minimum of 10 years in Sourcing/Procurement or vendor management in the pharma industry

Competencies

  • Accountability for results
  • Strategic thinking & problem solving
  • Patient and customer centricity
  • Impactful communication
  • Respectful collaboration
  • Empowered development

Work Environment

  • Typical office setting
  • Up to 15% travel time to visit other company sites or suppliers

Competencies
Accountability for Results - Stay focused on key strategic objectives, be accountable for high standards of performance, and take an active role in leading change.
Strategic Thinking & Problem Solving - Make decisions considering the long-term impact to customers, patients, employees, and the business.
Patient & Customer Centricity - Maintain an ongoing focus on the needs of our customers and/or key stakeholders.
Impactful Communication -Communicate with logic, clarity, and respect. Influence at all levels to achieve the best results for Otsuka.
Respectful Collaboration - Seek and value others' perspectives and strive for diverse partnerships to enhance work toward common goals.
Empowered Development - Play an active role in professional development as a business imperative.

Come discover more about Otsuka and our benefit offerings;.

Disclaimer:

This job description is intended to describe the general nature and level of the work being performed by the people assigned to this position. It is not intended to include every job duty and responsibility specific to the position. Otsuka reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.

Otsuka is an equal opportunity employer. All qualified applicants are encouraged to apply and will be given consideration for employment without regard to race, color, sex, gender identity or gender expression, sexual orientation, age, disability, religion, national origin, veteran status, marital status, or any other legally protected characteristic.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation, if you are unable or limited in your ability to apply to this job opening as a result of your disability. You can request reasonable accommodations by contacting .

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Otsuka America Pharmaceutical Inc., Otsuka Pharmaceutical Development & Commercialization, Inc., and ODH, Inc. ("Otsuka") does not accept unsolicited assistance from search firms for employment opportunities. All CVs/resumes submitted by search firms to any Otsuka employee directly or through Otsuka's application portal without a valid written search agreement in place for the position will be considered Otsuka's sole property. No fee will be paid if a candidate is hired by Otsuka as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
Open
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