Sr. Sourcing Manager

Responsibilities:

• Excellent employment opportunity for a Sr. Manager, Development Sourcing in the Morris Plains, NJ area. Remote (prefer Morris Plains, NJ)
• Functional Area: Development Operations, Vendor Outsourcing
• Department: Development Business Operations
• Manages operational functions including, supervising other staff who contribute to clinical contract management.
• Participates in establishing departmental and cross-functional policies and procedures
• Impacts the business results of related teams by setting priorities, allocating resources, and developing policies and plans
• Is accountable for the performance and results of a team
• Interprets, executes and recommends modifications to operating policies and procedures
• Adapts group plans and priorities to address resource and operational challenges
• Accountable for developing talent through on-going performance feedback and career management coaching
• Develops global clinical development vendor strategy for a program or therapeutic areas
• Manages contract and sourcing activities for clinical development programs providing consistent customer service and delivering quantitative value through cost savings and transformation/innovation
• Develops and implements sourcing strategies to support given scope
• Manages the contract negotiation process across the entire life cycle including RFI, vendor identification, RFP, vendor selection decision, contracting negotiation, performance monitoring, change orders, and ensures proper closeout of agreements to maximize contract value and achieve target savings
• Ensure the vendor selection process is compliant by managing risks through benchmarking, rate negotiations, implementing the sourcing strategy, collaborating with cross functional teams such as Compliance, Legal and Regulatory
• Collaborates with internal customers in vendor bidding and proposal development (RFP creation and analysis)
• Partners with internal customers to develop study specifications and leverages benchmarking tools as appropriate
• Translates business requirements into vendor capabilities and develops recommendations for vendor selection for a program or therapeutic area
• An SME in resolving complex issues relating to contract negotiation and management
• Oversees the identification, selection and management of global external service providers
• Leads Vendor bid defense meetings
• Identifies, develops, and deploys best practices in vendor selection, cost containment, and category management practices
• Manages the contract negotiation process for complex or high value contracts
• Demonstrates strong understanding of regulatory and legal issues pertinent to clinical development
• As necessary, trains internal stakeholders in contract budgeting, development, and administration
  

Experience:

• Relevant experience with a BA or MS in a relevant discipline
  PMP/CPSM certification or equivalent a plus
• Ability to understand, analyze and develop recommendations from multiple complex sources such as financial and operational perspectives
• Influence vendor selection with stakeholders at the project team level
• An expert in category management and had a history of devolving category roadmaps or sourcing plans
• Expertise in the end-to-end sourcing and contracting process, including RFx, contract negotiation and management
• Demonstrates an in-depth knowledge of the clinical research process and the regulatory environment across functions
• Demonstrated leadership skills while working in fast paced and changing environment
• Financial acumen to review, analyze and understand cost drivers of complex budgets
• Legal, clinical operations and regulatory acumen
• Leverages prior experience with external benchmarking, industry best practices, and technology for continuous improvement
• Excellent communication skills and comfort level interacting with internal and external teams across all levels, including regular interface with stakeholders and leadership team members
• Travel may be required
• Top Required Skills:
  • CRO full-service outsourcing & contract management experience
  • Clinical Development
  • Stakeholder management & critical thinking