The Strategic Sourcing Manager is responsible for supporting the Sourcing team in executing sourcing strategies for lower risk, lower spend, and lower complex vendor categories. This includes assisting in developing vendor strategies, designing and administering RFx(s), vendor negotiations, contract drafting and redlining, and other sourcing management functions. The Strategic Sourcing Manager will assist in cross-functional vendor lifecycle management and sourcing initiatives.

Responsibilities

• Lead the sourcing needs and procurement activities for lower-risk, lower spend, and lower complex vendor categories, including basic option/cost analysis, contract drafting and redlining, and negotiations in alignment to company sourcing processes, standards, and documentation
• Support the Strategic Sourcing team in negotiation strategy development, spend management and action planning for contract renewals, extensions, and amendments, ensuring that projects are completed on a timely basis and at maximum value; research and develop sourcing strategy options and support team on implementing the sourcing strategies approved by leadership
• Provide monthly, quarterly, and ad hoc reports including, but not limited to, vendor spend, contract clause library, contract pricing, vendor performance, and other ad hoc research and analysis in support of the broader sourcing team's and Prime's needs
• Participate in department projects and initiatives, including but not limited to, Sourcing and Finance policy management, process improvement, contract audits, contracting project management reporting, and competitive sourcing events and Request For Proposal (RFP) responses
• Responsible for data integrity, usability, and insights into the procurement and contract management systems. Assist and lead financial and options analysis. Assist Sourcing Managers and Director to develop and execute implementation of Sourcing systems roadmap and continuous improvement plans.
• Other duties as assigned

Minimum Qualifications

• Bachelor's degree in accounting, finance or related area of study, or equivalent combination of education and/or work experience

• 2 years of work experience in procurement, buying, supply chain, or strategic sourcing
• Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

• Strong verbal and written communication skills
• Ability to work effectively in a matrix environment, collaborate, and manage multiple tasks and priorities.
• Proficient in use of Microsoft Office suite (Excel, Word, and PowerPoint)
• Basic understanding of contract drafting and redlining and the sourcing process

Preferred Qualifications

• Experience with ERP financial systems, sourcing tools, contract lifecycle management systems, and/or other related systems
• Prior project management experience

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures

Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.

To review our Benefits, Incentives and Additional Compensation, visit our and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).