Job Description - Associate Director, Sourcing and Procurement
Please note that this position can be based in San Diego, CA, OR Princeton, NJ. Acadia's hybrid model requires this role to work in our office three days per week on average.
Position Summary:
This position will be part of the Acadia Sourcing & Procurement team, leading the development of sourcing strategies for all raw materials and formulation sourcing subcategories. Responsibilities include leadership and operational management of strategic sourcing activities to ensure the right capabilities, guidance, resources, and accountabilities are in place and development and implementation of category management plans. This position leads the identification, assessment, selection, negotiation, execution of contracts and relationship with key vendors, and will contribute to the corporate sourcing & procurement processes, compliance reporting and financial tracking. It will also be responsible for benchmarking top vendors and building direct material vendor partnership roadmaps. This role is based in San Diego, CA or Princeton, NJ.
Primary Duties and Responsibilities:
Develop both immediate & long-term global sourcing strategies including potential vendor risk mitigation plans for Acadia drug substance and development teams
Lead the efforts to monitor and improve key vendor performance including implementing supplier KPIs
Proactively work with business stakeholders to identify their sourcing need & responsible for the negotiations & executions of all top vendor contracts
Strong track record of identifying saving opportunities and executing sourcing projects
Able to assess and benchmark existing vendors in pharma industry is highly preferred.
Collaborate with manufacturing/quality teams to identify/monitor/mitigate supply chain risks proactively
Work closely with the rest of the Sourcing team to align and improve current sourcing processes.
Collaborate with financial planning team on vendor cost forecasting, budgeting, and saving validation
Education/Experience/Skills:
10+yrs sourcing experience and category knowledge of drug substance/APIs &excipients in a pharma
Experience working with international vendors and work in their time zones as needed
Deep understandings of pharma/biotech supply chain, quality, and regulatory requirements
Strong vendor spend data analysis skill and financial reporting capabilities
Proficient system knowledge of S2P(Coupa), ERP (NetSuite) and MS tools such as Smartsheet
Familiarity with sourcing saving report methodology and associated tools such as Smartsheet
BS/BA or equivalent combination of relevant education
Key candidate qualities:
Ability to take initiative, be flexible, exercise good judgment, interface with all levels of management
Excellent "attention to detail" skills to ensure the most efficient contract solutions are achieved
Willing to go beyond and look for new innovative ways to bring in tangible results/savings
Strong negotiation, influencing, and conflict resolution skills
Ability to interpret and comprehend contract documentation
Available for up to 10% domestic or international travel as needed
Physical Requirements
This role involves regular standing, walking, sitting, and the use of hands for handling or operating equipment. The employee may also need to reach, climb, balance, stoop, kneel, crouch, and maintain visual, verbal, and auditory communication in a standard office environment and while working independently from remote locations. The employee must occasionally lift and/or move up to 20 pounds. This position requires the ability to travel independently overnight and/or work after hours as required by travel schedules or business needs.
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