Sourcing Analyst -Procurement

Date: Feb 8, 2019

Location: Kenilworth, NJ, US

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Requisition ID: PRO019128

Merck & Co., Inc. Kenilworth, N.J., U.S.A. known as Merck in the United States and Canada, is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where Merck has codified its legacy for over a century. Merck’s success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.

The selected candidate will provide procurement support for Central Labs and Clinical Trial Specialty Services (CL&CTSS) group in areas including, but not limited to, Patient Recruitment and Specialty Services for Clinical Trials. This includes strategic analysis of suppliers, supply markets and supply chains to inform the development, execution and ongoing management of clinical sourcing strategies. Key data includes internal budgets, supplier budgets and invoicing information. This role works closely with internal stakeholders in the clinical research, procurement, and finance organizations to achieve cross-functional business objectives. The Sourcing Analyst is also responsible for certain aspects of contract execution and ongoing contract management. This role will report to the Associate Director to support high quality sourcing initiatives and procurement category management.

Primary Activities:
  • Supplier and Supply Market Analysis - to evaluate suppliers and supply markets based on facts and data to provide deep and meaningful insight to Sourcing Management teams
  • Contract Execution and Management - to prepare various contract documents for internal review, approval, and signature in collaboration with the CL&CTSS team; Ensure contracts are filed to the appropriate systems and tracked internally
  • Sourcing - to assist in creating and executing RFIs, RFPs, RFQs together with structured information analysis to inform procurement strategy development and decision-making.
  • Budget Negotiation - to support negotiations with suppliers based on detailed analysis of internal business requirements, supplier costs, and external benchmarks.
  • Stakeholder Support - to provide support for budgetary and contractual decisions/actions as part of a cross-functional team. Appropriately escalate issues and concerns to procurement management and other functional areas such as legal, privacy, compliance, etc.
  • Supplier Performance Management - to monitor, report, manage, and continuously improve supplier performance as part of a cross-functional team.
  • Category Team Membership – to be an active member of a category team to influence the development and optimization of ongoing supplier and sourcing strategies.
  • Best Practice Sharing – to generate work of a world class quality that is shared and transferred to colleagues throughout procurement. 
Qualifications


Education Minimum Requirement:
  • BS. MBA or advanced degree are desirable 
Required Experience and Skills:
  • Minimum of 2-5 years experience in role(s) including but not limited to the pharmaceutical industry, clinical research or procurement/supply chain management
Preferred Experience and Skills:
  • Excellent interpersonal and communication skills. Formal presentations are required.
  • Must be adaptable in dealing with ambiguous and complex environments. 
  • Able to effectively contribute to projects within diverse cross functional teams to achieve client, department, and company goals.
  • Superior analytical skills in evaluating complex research services budgets, comparing supplier bids and internal benchmarking data.
  • Ability to work with stakeholders and suppliers in the context of a challenging clinical research environment. 
  • Excellent skills in Excel and working knowledge of SAP 
  • Relevant experience may include clinical trials management, outsourced clinical services, business development, contract management or relationship management.
Your role at Merck is integral to helping the world meet new breakthroughs that affect generations to come, and we’re counting on your skills and inventiveness to help make meaningful contributions to global medical advancement. At Merck, we’re inventing for life. 

If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to staffingaadar@merck.com.
  
Search Firm Representatives Please Read Carefully: 
Merck & Co., Inc. is not accepting unsolicited assistance from search firms for this employment opportunity.  Please, no phone calls or emails.  All resumes submitted by search firms to any employee at Merck via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Merck.  No fee will be paid in the event the candidate is hired by Merck as a result of the referral or through other means.
 
Visa sponsorship is not available for this position.
 
For more information about personal rights under Equal Employment Opportunity, visit:
 
            EEOC Poster
            EEOC GINA Supplement
            OFCCP EEO Supplement
 
Merck is an equal opportunity employer, Minority/Female/Disability/Veteran – proudly embracing diversity in all of it’s manifestations.


Job: Procurement Generic
Other Locations: West Point, PA, US
Employee Status: Regular
Travel: Yes, 5 % of the Time
Number of Openings: 1
Shift (if applicable): 1st
Hazardous Materials: No
Company Trade Name: Merck


Nearest Major Market: New York City
Nearest Secondary Market: Newark

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