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- Tasks: Lead supplier relationships and implement sourcing strategies to meet business goals.
- Company: Join ClarusONE, a strategic partner for Walmart and McKesson in the pharmaceutical industry.
- Benefits: Enjoy opportunities for professional growth and collaboration in a dynamic environment.
- Why this job: Be part of a team that drives innovation in health and wellness services globally.
- Qualifications: Bachelor's degree required; 5+ years in sourcing or related fields preferred.
- Other info: Manage a team and represent ClarusONE at industry conferences.
The predicted salary is between 48000 - 72000 £ per year.
ClarusONE Sourcing Services, LLP, provides strategic generic pharmaceutical services for both Walmart Stores, Inc. and McKesson Corporation. This partnership leverages McKesson’s demonstrated strength and expertise in global pharmaceutical sourcing in conjunction with Walmart’s commitment to delivering leading health and wellness services to their customers. As part of this arrangement, McKesson and Walmart have established this organisation in London to provide strategic sourcing services for both companies.
Job Title: Supplier Relations and Sourcing Lead
Location: London, United Kingdom
Job Purpose: The Supplier Relations and Sourcing Lead will manage supplier relationships, implement sourcing strategies and processes to support key business objectives related to product cost, supply, and C1 member needs.
Responsibilities:
- Build and maintain relationships with select US and internationally based suppliers and act as primary SRM owner for those suppliers.
- Implement value creation & risk mitigation actions as required. Leverage data and advanced analytics to identify supplier opportunities and risks.
- Manage or escalate supplier impactful decisions.
- Execute negotiation strategies for the sourcing of generic products for select suppliers.
- Resolve supplier operational issues and communicate impact to member organisations. Understand and articulate critical concerns and sensitivities of supplier base to sourcing leadership team.
- Conduct supplier meetings (BRM’s) where no dedicated supplier owner is allocated.
- Support the Strategic Initiatives team on key product strategies.
- Educate team on industry, market, and generic dynamics.
- Listen to, leverage, and promote diverse ideas and perspectives across the business.
- Work cross-functionally with C1 business units to accomplish enterprise goals and objectives.
- Deliver assigned initiatives and enterprise level projects and identify and execute project opportunities.
- Oversee bids meeting and sourcing sprint sessions.
- Ensure timely completion of bid and case workload, and act as support when needed.
- Resolve bid and case workload issues.
- Possess advanced systems knowledge and support user acceptance testing (UAT) where applicable.
- Drive process improvements within the Sourcing team for ClarusONE to become best in class.
Other:
Direct Reports: This role will have direct reports, managing up to several other team members within the Sourcing function.
Represent ClarusONE at conferences.
Requirements:
Education/Experience:
- Bachelor’s degree in Finance, Supply Chain, Science, Engineering or a related field; an MBA is preferred.
- Minimum of five years’ experience in retail, sourcing, consulting, pharmaceuticals or FMCG.
Knowledge/Skills:
- Experience with conducting financial or spend analysis.
- Experience with category, supplier and/or contract management.
- Experience with developing and executing business cases is preferred.
- Experience with suppliers and categories in generic Rx and OTC pharmaceuticals and/or consumer healthcare products is preferred.
- Proficient with Microsoft Word, Excel, PowerPoint, and Outlook. Alteryx and Tableau experience and advanced Excel skills are preferred.
- Excellent communication, listening, negotiation and influencing skills.
- Strong planning, organisation, and project management skills; able to work on multiple projects and flex within changing priorities.
- Analytical and problem-solving; ability to synthesise large data sets into actionable intelligence.
- Self-motivated, hardworking and results-oriented.
- Ability to work cross-functionally and respectfully with colleagues and suppliers from different cultures.
- Committed to acting with integrity.
- Ability to work outside of normal business hours and across different time zones.
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Sourcing Lead, Sourcing and Supplier Relations employer: McKesson
Contact Detail:
McKesson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sourcing Lead, Sourcing and Supplier Relations
✨Tip Number 1
Familiarize yourself with the pharmaceutical sourcing landscape, especially focusing on generic products. Understanding the key players and market dynamics will help you articulate your insights during interviews.
✨Tip Number 2
Highlight your experience in supplier relationship management by preparing specific examples of how you've successfully built and maintained supplier relationships in the past. This will demonstrate your capability to manage supplier interactions effectively.
✨Tip Number 3
Brush up on your analytical skills, particularly with tools like Excel, Alteryx, and Tableau. Being able to showcase your ability to leverage data for decision-making will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your negotiation strategies and experiences. Be ready to share how you've navigated complex negotiations in the past, as this role heavily relies on effective negotiation skills.
We think you need these skills to ace Sourcing Lead, Sourcing and Supplier Relations
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Sourcing Lead position. Understand the key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to highlight relevant experience in supplier relations, sourcing strategies, and project management. Use specific examples that demonstrate your ability to manage supplier relationships and execute negotiation strategies.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your experience in the pharmaceutical or FMCG sectors and how it relates to the responsibilities outlined in the job description.
Highlight Analytical Skills: Since the role requires leveraging data and advanced analytics, be sure to include any relevant experience you have with financial analysis, data synthesis, or tools like Alteryx and Tableau in your application.
How to prepare for a job interview at McKesson
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the Supplier Relations and Sourcing Lead role. Familiarize yourself with the key responsibilities, such as managing supplier relationships and implementing sourcing strategies. This will help you articulate how your experience aligns with their needs.
✨Showcase Your Analytical Skills
Since the role requires leveraging data and advanced analytics, be prepared to discuss your experience with financial or spend analysis. Bring examples of how you've used data to identify opportunities or mitigate risks in previous roles.
✨Demonstrate Strong Communication Abilities
Excellent communication and negotiation skills are crucial for this position. Prepare to share instances where you've successfully navigated complex discussions or resolved conflicts with suppliers, showcasing your ability to influence and build relationships.
✨Highlight Cross-Functional Collaboration
The job involves working cross-functionally with various business units. Be ready to discuss your experience collaborating with different teams and how you’ve contributed to achieving enterprise goals. This will demonstrate your ability to work effectively in a diverse environment.
