The U.S. Pharmacopeial Convention (USP) Strategic Sourcing Specialist in Rockville, Maryland
Roles and Responsibilities
Experience in a sourcing, contracting, category management or a supplier management role for direct materials and services.
Conducts spend analytics; uses data to influence change with stakeholders and builds strong ROI cases. Must have strong analytical skills with the ability to challenge the status quo, including creating and comprehending numerical analysis and optimization strategies.
Performs market research; Conduct external research to analyze market opportunities, risks, trends, etc., associated with assigned categories; model, monitor, and report trends in underlying cost drivers
Develops category expertise to fully understand supply market, appropriate sourcing strategies and typical savings levers for a category of spend
Executes sourcing events; Create bid package and coordinate the bid (RFI, RFQ, RFP) process including, pre-bid/proposal meetings, walk-throughs, bid openings, bid tabulation and bid reviews in an ethical way that reflects USP’s Core Values
Conducts total cost modeling and scenario analysis to help stakeholders understand trade-offs and benefits to various outcomes
Helps identify targets and leverage to support negotiations efforts
Adheres to sourcing project plans. Proactively communicates with business units with respect to timelines and project duration.
Ability to operate independently, bringing self-prioritization of workload, clear thinking and reasoning in the decision making process.
Proven negotiation skills, including contract review to execution, driving commercial negotiations and ensuring all other groups included in the negotiations are working towards the same execution timeline.
Experience monitoring performance of suppliers on a regular basis, develop action plans where necessary for areas needing improvement and follow through to ensure supplier specific results occur
Performs other duties as assigned.
Bachelor’s degree required
Minimum 5 years of Direct Sourcing, category management, contract management, supply chain, supplier management or strategic/managerial consulting within the Pharma or related industry.
Demonstrated experience in supporting data-driven efforts and managing communications with suppliers, as well as a diverse set of internal stakeholders.
Prior understanding and application of sourcing policies, procedures, and supply strategies.
Relevant experience sourcing pharmaceutical supplies and equipment is required.
Demonstrated ability to work with suppliers to negotiate optimal terms for sourcing and contract execution.
Strong analytical and critical thinking skills
Solid organizational skills, including a proven ability to collaborate across the organization to ensure objectives are met.
Effective communication and presentation skills
Capable of sharing critical information, with particular strength in explaining complex concepts and coaching individuals through commercial decision-making.
Excels in managing deadlines and balancing multiple priorities.
Comfortable challenging conventional thinking and existing processes.
Must be proficient in the use of the Microsoft Office Suite– specifically able to leverage advanced functions of Excel for analytics and ad-hoc reporting, as well as develop effective PowerPoint presentation content as required
USP offers an impressive benefits package, including:
Generous paid time off – 15 paid holidays, 10 sick days and 15 vacation days per year to start
An annual 401(k) contribution, beginning after 1 year of service, of 10% of pay (base and bonus) every pay period that vests immediately
Comprehensive individual and family healthcare plans with affordable premiums and low annual deductibles.
The U.S. Pharmacopeial Convention (USP) is an independent scientific organization that collaborates with the world's top experts in health and science to develop quality standards for medicines, dietary supplements, and food ingredients. USP brings together more than 1,100 talented professionals across five global locations to deliver its mission to strengthen the supply of safe quality medicines and supplements worldwide.
USP is proud to be an equal employment opportunity employer (EEOE) and affirmative action employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color, veteran status, sexual orientation, gender identity or any other protected class. We are committed to working with and providing reasonable accommodation to individuals with disabilities.
USP does not accept unsolicited resumes from 3rd party recruitment agencies and is not responsible for fees from recruiters or other agencies except under specific written agreement with USP.
The following COVID-19 provisions will apply to selected candidate(s) hired:
As a condition of employment with United States Pharmacopeial Convention’s (USP) duty to provide and maintain a workplace that is free of known hazards, all employees and contingent staff hired after July 1st, 2021 are required to be fully vaccinated unless a reasonable accommodation is approved. Your recruiter will advise accordingly.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Job Category Accounting & Finance
Job Type Full-Time