Director, Commercial Strategic Sourcing
Job in
Princeton, Mercer County, New Jersey, 08543, USA
Listed on 2025-12-14
Listing for:
Otsuka Pharmaceutical Co., Ltd
Full Time
position Listed on 2025-12-14
Job specializations:
-
Business
Business Management, Operations Manager, Business Analyst, Financial Manager -
Management
Business Management, Operations Manager, Business Analyst, Financial Manager
Job Description & How to Apply Below
* Ensures sourcing policies and processes that have a “business first” focus, providing efficiency and effectiveness that makes it easier to source goods and services with more consistent, reliable results.
* Drives appropriate training across the organization on the importance of Sourcing policies and processes.
* Ensures appropriate controls are in place to meet regulatory requirements (i.e. J-sox, Third Party Risk Management, etc.)
* Ensure best practices in Sourcing including accurate spend analysis, usage of RFx tools and templates, contract management, establishment of Preferred Supplier Programs, and ensuring all sourcing savings are realized into the financials.
* Oversees the team’s daily activities related to sourcing projects including the development of RFx strategy and on-going contract negotiations.
* Develops and owns overall sourcing project pipeline, creating visibility into financial value driven by the Sourcing team.
* Develops and implements operational metrics to ensure continuous monitoring and process improvement across all sourcing projects.
* Ensure all sourcing projects have clear objectives including financial and operational benefits, aligned with business stakeholders.
* Partners with Business Owners and Financial Operations, and other key process owners to ensure Sourcing model is meeting the operational needs of the organization.
* Develops the key skillsets and subject matter expertise needed to be a successful member of the Sourcing team using benchmarking, best practices, and feedback from the business customers.
* Creates and maintains capability matrix for sourcing team roles and ensures hiring and training practices are aligned with required capabilities.
* Ensure all sourcing team job descriptions are up to date with responsibilities and requirements aligned to Sourcing capability matrix.
* Develops a career ladder for team with specific capabilities required at each level.
* Supervises and mentors team members, provides continuous coaching, feedback, and individual development plans for direct reports.
* Robust knowledge of Sourcing and sourcing strategies within the Pharmaceutical Commercial categories; demonstrated expertise in the Commercial discipline.
* Experience supervising a strategic sourcing team.
* Experience interacting with senior level clients and vendors; able to evaluate situations from multiple angles and sensitive to stakeholders needs while maintaining focus on bringing the best value to the organization.
* Evaluating and developing procurement strategies to maximize efficiency and minimize cost.
* Expert on practices for negotiating supplier contracts that lead to the greatest value for money for the organization.
* Establishing a best for Otsuka management organization model and metrics
* Launching and managing financial KPI's for Sourcing, such as deflation, productivity, and working capital optimization
* Deep knowledge of key Pharmaceutical spend categories.
* Demonstrated understanding and experience with multiple business areas on developing sourcing category strategies.
* Understands key financial and operational controls needed to run a Sourcing organization in the Pharmaceutical industry.
* Executive presence and influence with demonstrated ability to tell a story and influence the direction of the organization including at the most senior levels of the organization
* Strategic thinker able to anticipate trends, understand implication and create actionable plans to prepare for future needs.
* Familiar with emerging Procurement technologies.
* Outstanding communication skills, ability to speak to the business and simplify complex technical sourcing aspects into concepts the business can understand, assess, and ultimately use to make decisions.
* Strong customer service focus and ability to think, plan and act at the enterprise versus functional level. Experience listening to client needs and partnering to deliver results that are mutually beneficial for the client and the organization.
* Specific experience in leading large, complex sourcing projects…
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