Product Development Sourcing Manager

Merck Group • $87K — $131K *
Bedford, MA 01730In-Person
Pharmaceuticals & Biotech
Less than 5 years of experience
3 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain Management, Engineering, or a Science discipline.
  • 3+ years of experience in NPI & Product Development sourcing, supplier management, or project management.
  • Preferred: Experience in fast-paced and goal-oriented environments.
  • Preferred: Knowledge of manufacturing processes and new product development aspects.
  • Preferred: Experience in a large, multi-national Life Science or Medical Device organization.

Responsibilities

  • Develop and implement sourcing strategies to enhance time to market and financial contribution.
  • Manage high-complexity sourcing projects in collaboration with cross-functional teams.
  • Establish and maintain strong relationships with stakeholders and identify value-added opportunities.
  • Report on key results and act as a business partner for R&D and PMO.
  • Manage the PDP/NPI portfolio focused on cost savings and risk mitigation.
  • Lead strategic negotiations and participate in supplier performance evaluations.
  • Support sustainability initiatives and ensure compliance with contract management processes.

Benefits

  • Health insurance
  • Paid time off (PTO)
  • Retirement contributions
  • Performance-based bonuses
Full Job Description
Work Location: Bedford, Massachusetts
Shift:
Department: LS-CL-XBP PD Sourcing
Recruiter: Erin Wilson

This information is for internals only. Please do not share outside of the organization.

Your Role:

The Product Development Sourcing Manager is responsible for managing global spending and projects within their area, potentially serving as a global leader in specific subcategories. Job duties include:
  • Based at the Bedford, MA facility with a hybrid work structure, requires local residency to support on-site operational needs as required.
  • Develop and implement sourcing strategies to enhance time to market, financial contribution, supply security, innovation, and sustainability within relevant spending categories.
  • Serve as a global market expert in Product Development Sourcing and manage high-complexity sourcing projects in collaboration with cross-functional teams.
  • Lead the development of global and regional sourcing strategies and initiatives while promoting effective communication within the Sourcing network.
  • Establish and maintain strong relationships with stakeholders, engaging in consultative discussions to identify value-added opportunities and manage sourcing activities for assigned NPI/PDP.
  • Regularly report on key results and activities, acting as a business partner for R&D and PMO at various management levels.
  • May serve as site lead for defined business units and contribute to category strategy definition and objective setting.
  • Manage the PDP/NPI portfolio, focusing on material and compound costs, proposing cost-saving opportunities, and ensuring risk mitigation and IP protection.
  • Implement risk management processes and maintain mitigation plans for key materials/services.
  • Lead strategic negotiations and participate in supplier performance evaluations and sourcing projects, including RFI/RFP processes.
  • Support sustainability initiatives and ensure compliance with contract management processes and relevant SOPs.
  • Collaborate with MBS/SBS organizations to facilitate information transfer, escalate issues appropriately, and drive efficiency through the 3S (stop, standardize, and simplify) approach.
  • Influence peers and management on technical challenges, contributing to sourcing and making strategic decisions.
  • Lead and mentor within the team, serving as a resource for best practices and technical expertise.
  • Champion change and innovative solutions, leveraging advanced analytical and negotiation skills to resolve complex business issues.
  • Manage multiple projects concurrently with a strong understanding of business requirements and project management principles.
  • Exhibit flexibility, innovative thinking, and advanced communication skills to effectively interact with stakeholders at all levels, including senior management.
  • Proficient in analytical tools, Excel, and ERP systems such as SAP or Oracle.

Who You Are

Minimum Qualifications:
  • Bachelor's degree in Supply Chain Management, or other business disciplines OR Mechanical Engineering, Chemical Engineering, or other Engineering disciplines, OR Biology, Chemistry, or other science disciplines
  • 3 + years of experience in one or more of the following areas: NPI & Product Development sourcing, supplier management, project management, negotiation, and strategic sourcing.

Preferred Qualifications:
  • Experienced performing in a fast-paced, goal oriented and time-sensitive environment
  • Knowledge of manufacturing processes in the respective category, coupled with a strong understanding of new product development aspects.
  • Experience in a large multi-national organization in the Life Science or Medical Device industry, in a global, matrixed organization supporting and leading strategic sourcing and category management with minimal guidance.
  • 4 + years of experience in sourcing.

Pay Range for this position: $87,600.00 - $131,400.00.

The offer range represents the anticipated low and high end of the base pay compensation for this position. The actual compensation offered will be determined by factors such as location, level of experience, education, skills, and other job-related factors. Position may be eligible for sales or performance-based bonuses. Benefits offered by the Company include health insurance, paid time off (PTO), retirement contributions, and other perquisites. For more information click here.

About Merck Group

Merck Group Careers

There has never been a more opportune time to join Merck Group, a leading science and technology company in healthcare, life science, and performance materials. Merck Group offers a plethora of job opportunities that cater to a variety of skills and professional aspirations, making it an ideal environment for both seasoned experts and those at the start of their career journey.

Work You’ll Do

At Merck Group, every team member contributes to breakthrough innovations in healthcare, life sciences, and electronics. The company's commitment to diversity and innovation fuels its leadership in various sectors, driving growth and transformation globally. Merck Group’s career paths are diverse, offering positions that challenge individuals to use their skills in new ways every day, supported by robust training programs and development opportunities.

Explore Job Opportunities and Growth

Merck Group is not just about jobs; it's about building a career. With a vast array of positions, from research and development to marketing and sales, the company is keen on hiring and nurturing talent to lead industry transformation. Merck Group’s dedication to professional growth is evident in its comprehensive benefits package and performance management processes that aim to maximize individual potential.

Internship Programs

Starting with an internship at Merck Group can be a pivotal step in securing a prosperous career. Interns gain invaluable industry experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies. Internships often lead to full-time employment opportunities, providing a seamless transition from education to professional employment.

Inclusive Culture and Leadership

Merck Group is proud of its inclusive culture that embraces diversity and fosters an environment where all employees can thrive. The company’s leadership is committed to creating a workplace where diverse ideas lead to innovative outcomes. Merck Group also offers diversity training to ensure all team members are equipped to contribute to the company’s inclusive goals.

Networking and Professional Development

Employees at Merck Group are encouraged to engage in networking and professional development activities that enhance their career trajectories. The company hosts various networking events, workshops, and seminars that are designed to hone skills and foster connections within the industry. Leadership development programs are also a cornerstone, preparing employees for future roles of increased responsibility.

Stay Connected with Merck Group Careers

Interested candidates can explore open positions that match their skills and interests through the Merck Group careers page. The company values curious, creative, and solution-driven team players who are eager to make an impact.

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights from Merck Group professionals. These resources are invaluable for those looking to advance their careers and stay ahead in a competitive job market.

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SEARCH MERCK GROUP JOBS

READ CAREERS BLOG

Merck Group is continuously looking for individuals who are ready to drive innovation and lead in the global marketplace. Whether through full-time positions, internships, or leadership roles, Merck Group offers a career path filled with opportunities for growth, learning, and leadership.
Learn more about Merck Group
Industry
Pharmaceuticals & Biotech
* Ladders Estimates

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