Senior Manager, Commercial Strategic Sourcing (Market Research​/Data)

Senior Manager Of Commercial Strategic Sourcing

The Senior Manager of Commercial Strategic Sourcing will help lead and manage sourcing for the commercial franchises. This position will partner with Business Owners and delegated functional sourcing teams to drive the greatest value possible for the organization as we buy goods and services. This role is responsible for execution of the company's overall Sourcing Strategy and Category Management practice in this category.

This role will provide insight and input into all policies, processes, and systems related to Strategic Sourcing in OAPI/OPDC, and partners with other key Sourcing stakeholders in Corporate Services, Supply Chain, R&D, Regional (OAI), and with our parent company in Japan. The Senior Manager of Commercial Strategic Sourcing will also partner with the FP&A teams to understand the future investment plans from the business and identify cost optimization opportunities through strategic sourcing and leading category management practices, maximizing value and minimizing risks for Otsuka.

Overall Responsibility:
At the direction of Sourcing leadership, executes on a Sourcing vision and strategy that aligns with the needs of the business while meeting financial and operational control objectives for Commercial. Manage relationships with key vendors that enables operational continuous improvements and innovation. Tracks and monitor sourcing policies and process compliance, ensure any exceptions and deviations are reported. Creates excellence through consistent, high-quality outcomes.

Identify continuous improvement opportunities within process area. Works with Sourcing leadership to drive 10-15% annual savings within in-scope spend areas. Provides support for significant sourcing activities including negotiation of contracts with highest value / highest impact to the company. Several of these contracts will be more than $10M.

Strategic Sourcing Vision, Strategy, and Objectives:
Executes against a common vision and strategy for Strategic Sourcing tners with Business leaders and other key stakeholders to gain their perspectives and endorsement of the vision and strategy. Produces measurements of success (KPIs) and appropriate processes to capture, consolidate and report on sourcing performance and outcome versus objectives. Provides regular reporting of overall sourcing initiatives and their progress, including issues, risks, and other important observations to ELT, Business Leaders, and Stakeholders.

Strategic Sourcing Process and Policy:
Provides appropriate training across the organization on the importance of following Sourcing policies and processes. Ensures appropriate controls are in place to meet regulatory requirements (i.e. J-sox, Third Party Risk Management, etc.) Ensures 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.

Strategic Sourcing Execution:
Perform daily activities related to commercial sourcing projects including the development of RFx strategy and on-going contract negotiations. Develops operational metrics to ensure continuous monitoring and process improvement across all sourcing projects and reports them to Sourcing leadership. Ensure all assigned 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 project timelines are met.

Organizational Design and Development:
Actively seeks development of sourcing and financial capabilities.