As a Senior Specialist, Global Procurement you will support the planning and execution of procurement initiatives using the procure to contract process for Regulatory Affairs & Health Economics and Outcomes Research. This position will conduct data gathering, support spend analytics, assist in delivering measurable cost savings, and monitor savings against contract. You will support evaluations through the development of RFQs, RFIs and RFPs, collectively RFx, and may participate in negotiations. The Senior Specialist will support all vendor sourcing activities which includes but is not limited to preparing QBR data and measuring supplier performance.
A typical day may include the following:
Works to support procurement and category management-related initiatives.
Use sourcing system tools and techniques to meet business needs and issues while supporting collaborators and category teams.
Provides comparative financial analysis when required for sourcing & procurement activities.
Supports category leadership by gathering data, performing detailed spend analysis, and generating required reports.
Supports sourcing and category leads to perform supply market analyses and apply sourcing tools to identify suppliers with capabilities to meet our needs.
Supports sourcing projects within a cross-functional collaborative team environment.
Supports the RFx process, supports contract negotiations, and ensures contract deliverables are realized, e.g. SLA’s, Savings, etc.
Monitors and ensures compliance with pricing agreements, internal policies, and procedures, e.g., competitive bidding.
Works within iCertis to draft, collect requirements, and manage workflow for Scopes of Work (SOW) covering commercial terms.
Supports procurement managers to negotiate commercial terms and costs for agreements within the responsibility of the role’s Oracle authorization limits.
Tracks the expiry of the contract's term and alerts the procurement manager and stakeholder(s) for existing contracts.
Supports the category procurement team on Supplier Relationship Management (SRM) initiatives.
Responsible to submit iSupplier requests for procurement/category managed suppliers.
Support continuous improvements of the source-to-contract process responding to audit information requests, participating in compliance reviews, and working collaboratively on department and company-wide initiatives.
Support inquiries to inform and educate partners regarding the procurement and contract process and seek to identify system/process enhancements.
Acts to review and process PO requests within their workflow approval authorization level in a timely manner.
Reviews and approves POs in the Oracle workflow for category spend under management.
This may be for you if you:
Have a Bachelor’s degree plus 6+ or more years of relevant, progressive experience within procurement, include experience directly in a procurement role or supporting sourcing activities;
or
Masters plus 4+ years or more of progressive. experience within procurement, including in a sourcing role
Additional requirements include:
• Work experience within a biopharmaceutical company is preferred.
• Working knowledge of sourcing and procurement, planning, supplier interface and negotiations, systems applications such as Zycus, Oracle, iCertis (Contracts Management), spend analytic software, MS PowerPoint, Word, and Excel
• Excellent verbal and written skills
• Networks effectively with internal and external personnel across the company and in own area of expertise
• Basic negotiation skills
• Ability to build consensus, teamwork, and creativity
• Program management experience and project management experience preferred, but not required
Does this sound like you? Apply now to take your first step towards living the Regeneron Way! We have an inclusive and diverse culture that provides comprehensive benefits, which often include (depending on location) health and wellness programs, fitness centers, equity awards, annual bonuses, and paid time off for eligible employees at all levels!
Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion or belief (or lack thereof), sex, nationality, national or ethnic origin, civil status, age, citizenship status, membership of the Traveler community, sexual orientation, disability, genetic information, familial status, marital or registered civil partnership status, pregnancy or parental status, gender identity, gender reassignment, military or veteran status, or any other protected characteristic in accordance with applicable laws and regulations. The Company will also provide reasonable accommodation to the known disabilities or chronic illnesses of an otherwise qualified applicant for employment, unless the accommodation would impose undue hardship on the operation of the Company's business.
For roles in which the hired candidate will be working in the U.S., the salary ranges provided are shown in accordance with U.S. law and apply to U.S.-based positions. For roles which will be based in Japan and/or Canada, the salary ranges are shown in accordance with the applicable local law and currency. If you are outside the U.S, Japan or Canada, please speak with your recruiter about salaries and benefits in your location.
Please note that certain background checks will form part of the recruitment process. Background checks will be conducted in accordance with the law of the country where the position is based, including the type of background checks conducted. The purpose of carrying out such checks is for Regeneron to verify certain information regarding a candidate prior to the commencement of employment such as identity, right to work, educational qualifications etc.
Salary Range (annually)
$81,000.00 - $132,200.00
What We Do
At Regeneron we believe that when the right idea finds the right team, powerful change is possible. As we work across our expanding global network to invent, develop and commercialize life-transforming medicines for people with serious diseases, we’re establishing new ways to think about science, manufacturing and commercialization. And new ways to think about health. Connect with us so we can learn more about you, and you can learn more about our biopharmaceutical medicines. And join us, as we build a future we believe in.
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