MSD is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. Today, we are building a new kind of healthcare company – one that is ready to help create a healthier future for all of us. Our ability to excel depends on the integrity, knowledge, imagination, skill, diversity and teamwork of an individual like you. To this end, we strive to create an environment of mutual respect, encouragement and teamwork. As part of our global team, you’ll have the opportunity to collaborate with talented and dedicated colleagues while developing and expanding your career.
Global Procurement at MSD is a matrix organization, consisting of global category teams and regional site/ country teams. The department’s mission is compliant, competitive and innovative acquisition of goods and services from leading suppliers and partners that deliver a competitive advantage to MSD.
Reporting to the Associate Director Global Procurement, the Procurement Specialist will be a member of our regional procurement organization and will be responsible for successful implementation of global, regional and local sourcing and supply strategies across our manufacturing sites, in close alignment with internal customers, regional and category colleagues. The main focus will be on Direct Materials, such as chemicals, excipients, single use components (bags, filters), primary (containers, closures, films, foils), secondary (folding cartons, inserts, and labels), and tertiary (corrugate) packaging components, and drug delivery systems. The Procurement Specialist will coach the Associate Procurement Specialists and the Analysts.
As part of the role the Procurement Specialist will also be responsible for:
Participating pro-actively in global category strategy teams to develop world class sourcing strategies while meeting business requirements of manufacturing sites to create best value for MSD and its customers.
Translating sourcing strategies into practical implementation plans to prepare business cases/ justifications for changes and to manage project timelines and budgets.
Interacting with stakeholders and establishing excellent relationships resulting in thorough understanding of end-to-end business processes, full stakeholder commitment and successful implementation of sourcing strategies.
Sourcing and purchasing goods and services through a rigorous sourcing excellence process.
Ensuring that all purchase agreements are in compliance with corporate, divisional and local laws, policies, regulations, within agreed timelines and optimal conditions.
Evaluating the performance of suppliers, implementing initiatives for improvement, and develop innovative solutions.
Gaining thorough market knowledge for benchmarking and innovation purposes.
Monitoring cost prices and calculating on annual base cost prices.
Developing and implementing saving initiatives, delivering agreed savings targets and accurately reporting savings.
Delivering other financial value for the business by optimization of working capital including payment terms, demand management, lead times, inventory, etcetera.