Merck & Co, Inc

Sourcing Manager

Merck & Co, Inc$96K — $151K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in procurement, supply chain, finance or vendor management
  • Strong analytical skills with clinical trial budgets
  • Proven negotiation and influencing expertise
  • Excellent communication skills for presentations
  • Ability to handle complex and ambiguous situations
  • Experience leading cross-functional teams
  • Critical thinking and independent problem-solving skills

Responsibilities

  • Create and execute RFIs, RFPs, RFQs with data analysis
  • Conduct supplier negotiations based on cost analysis
  • Prepare and implement supplier contracts with necessary approvals
  • Advise stakeholders on budget and contractual implications
  • Escalate procurement issues as needed
  • Develop strategic relationships with scientific and operational teams
  • Monitor and improve supplier performance
  • Analyze suppliers and markets for sourcing insights
  • Participate in category team for ongoing supplier strategy optimization

Benefits

  • Medical, dental, and vision insurance for employees and families
  • 401(k) retirement plan
  • Paid holidays and vacation days
  • Compassionate and sick leave
  • Annual bonus eligibility based on performance
  • Comprehensive benefits package offering various insurance options
Full Job Description

Job Description

Sourcing Manager

The selected candidate will provide procurement support for Clinical Trial Functional Service Provider (FSP). 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 Manager 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 include:

  • Sourcing - to create and execute RFIs, RFPs, RFQs together with structured information analysis and using Ariba systems
  • Budget Negotiation - to conduct negotiations with suppliers based on detailed analysis of internal specifications, supplier costs, and internal benchmarks
  • Contract Execution and Management - to prepare, finesse, and implement appropriate forms of contract and commitment with suppliers involving legal counsel and senior management as needed
  • Stakeholder Support - to provide appropriate guidance around budgetary and contractual impacts of 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
  • Business Partnering - to work closely with scientific and operational stakeholders and to develop successful, long-term, strategic relationships that enable joint achievement of shared organizational objectives
  • Supplier Performance Management - to monitor, report, manage, and continuously improve supplier performance as part of a cross-functional team
  • Supplier and Supply Market Analysis – to evaluate suppliers and supply markets based on facts, data, reports, and changes in technology with the objective of providing deep and meaningful insight to Sourcing Management teams
  • Category Team Membership – to be an active member of a category team to influence the development and optimization of ongoing supplier and sourcing strategies

Minimum Education Requirement:

  • BS/BA. Certification in six sigma desirable.  MBA or advanced degree are desirable.

Required Experience and Skills:

  • Minimum of 5 years professional experience in roles such as, but not limited to, procurement, purchasing, supply chain management, finance, vendor management, with a strong understanding of procurement processes, systems, and methodologies
  • Superior analytical skills in evaluating complex clinical trial budgets, comparing supplier bids and internal benchmarking data
  • Ability to negotiate and influence stakeholders and suppliers in the context of a challenging clinical trial environment
  • Excellent interpersonal and communication skills (oral and written) and the ability to communicate well with varying levels of management. Formal presentations are required
  • Must be adaptable in dealing with ambiguous and complex environments
  • Able to effectively lead work within diverse cross functional teams to achieve client, department, and company goals
  • Requirements for critical thinking, problem-solving, and the ability to work independently with minimal guidance from manager.

Preferred Experience and Skills:

  • Knowledge and understanding of pharmaceutical industry, clinical research process and clinical trial operations
  • Extensive experience in managing sponsor/supplier interactions across various roles, including business development, project management, contract management, and relationship management.
  • Proficiency working in Excel and Ariba

Required Skills:

Adaptability, Analytical Thinking, Benchmarking, Contract Management, Data Analytics, Driving Continuous Improvement, Financial Acumen, Influencing Skills, Procurement Management, Production Planning, Regulatory Compliance, Risk Management, Supplier Selection, Supply Chain Processes, Vendor Management

Preferred Skills:

Current Employees apply

Current Contingent Workers apply

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please if you need an accommodation during the application or hiring process.

The salary range for this role is

$96,200.00 - $151,400.00

This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.

The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.

We offer a comprehensive package of benefits.  Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at .

You can apply for this role through (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.

San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance

Search Firm Representatives Please Read Carefully 
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company.  No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails. 

Employee Status:

Regular

Relocation:

No relocation

VISA Sponsorship:

No

Travel Requirements:

No Travel Required

Flexible Work Arrangements:

Hybrid

Shift:

Not Indicated

Valid Driving License:

No

Hazardous Material(s):

N/A

Job Posting End Date:

09/11/2026

*A job posting is effective until 11:59:59PM on the day BEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

About Merck & Co, Inc

Schering-Plough Corporation is a major U.S.-based manufacturer of pharmaceuticals. It operates in three segments: Prescription Pharmaceuticals, Animal Health, and Consumer Health Care. Schering-Plough develops products targeting on allergy, cancer, hepatitis, cardiovascular, central nervous system, respiratory system, and more.  It was founded in 1851 by Ernst Christian Friedrich Schering as Schering AG in Germany. Schering-Plough manufactured several pharmaceutical drugs, the most well-known of which were the allergy drugs Claritin and Clarinex, an anti-cholesterol drug Vytorin, and a brain tumor drug Temodar. It also developed drugs targeting on central nervous system and the respiratory system. Schering Plough also owned and operated the major foot care brand name Dr. Scholl's and the skin care line Coppertone. These also became a part of the new company. Schering-Plough was a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA), a membership which is also maintained by the new Merck.

Merck & Co, Inc Careers

Join the visionary team at Merck & Co, Inc, a global leader in healthcare dedicated to advancing the world of medicine. As part of our professional community, you'll find dynamic job opportunities that foster innovation and leadership across various fields. Merck & Co, Inc is not just a company; it's a place where you can make a difference.

Work You’ll Do

At Merck & Co, Inc, we are committed to improving global health through groundbreaking research and innovative healthcare solutions. Our team is at the forefront of developing new therapies and vaccines that significantly impact public health worldwide. By joining us, you will collaborate with some of the brightest minds in the industry, using your skills to contribute to projects that save and improve lives around the globe.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a professional position, Merck & Co, Inc offers a range of career paths in environments that promote rapid professional growth and development. Explore job opportunities in research, digital transformation, manufacturing, and more, all while benefiting from a culture that supports diversity and inclusion.

Innovate and Lead

Merck & Co, Inc is an ideal environment for those who lead with curiosity and the drive to innovate. Our leadership is committed to fostering a culture where inventive thinking and collaboration are encouraged, making it a perfect place for professionals who seek to make an impact through their work.

Develop Your Skills

With Merck & Co, Inc, you are not just getting a job; you're gaining access to unparalleled career development opportunities. Enhance your skills through diverse training programs, workshops, and continuous learning courses designed to help you grow at every stage of your career.

Benefits and Culture

We understand that our employees are our greatest asset, which is why we offer competitive benefits designed to support the health and well-being of you and your family. From comprehensive health care coverage and retirement plans to flexible working conditions and wellness programs, our benefits package is designed to meet the diverse needs of our team members.

Join Our Team

Ready to advance your career at Merck & Co, Inc? Search open positions that match your skills and interests. We are continuously hiring and looking for passionate, creative, and solution-driven team players. Prepare your resume, sharpen your interview skills, and become part of a company that's dedicated to making a difference.

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Learn more about Merck & Co, Inc
Size
68,000 employees
Market Cap
$282.6 billion
Industry
Net Income
$7 billion
Founded
1668
5 Year Trend
+4.1%
Revenue
$47.9 billion
NASDAQ

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