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- Tasks: Lead supplier relationships and sourcing strategies to meet business goals.
- Company: Join ClarusONE, a key player in strategic pharmaceutical services for Walmart and McKesson.
- Benefits: Enjoy a dynamic work environment with opportunities for mentorship and professional growth.
- Why this job: Be part of a team that values diverse perspectives and drives impactful change in healthcare.
- Qualifications: Bachelor's degree required; 5+ years in sourcing or related fields preferred.
- Other info: Opportunity to represent the company at conferences and engage in cross-functional projects.
The predicted salary is between 43200 - 72000 £ per year.
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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 strength and commitment to delivering leading health and wellness services to their customers.
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:
- Responsible for building and maintaining relationships with select US and internationally based suppliers and act as primary SRM owner for those suppliers.
- Responsible for value creation & risk mitigation actions as required. Leverage data and advanced analytics to identify supplier opportunities and risks.
- Accountable for managing or escalating supplier impactful decisions.
- Responsible for the execution of negotiation strategies for the sourcing of generic products for select suppliers.
- Accountable for the resolution of supplier operational issues and communicate impact to member organisations.
- Responsible for supplier meetings (BRM’s) where no dedicated supplier owner is allocated.
- Responsible to support with Strategic Initiatives team on key product strategies.
- Accountable for facilitation of sourcing team meetings.
- Responsible to educate team on industry, market, generic dynamics.
- Listen to, leverage, promote diverse ideas, perspectives, of others across the business.
- Responsible to work cross-functionally with C1 business units to accomplish enterprise goals and objectives.
- Responsible for the delivery of assigned initiatives and enterprise level projects.
- Responsible for identification and execution of project opportunities.
- Accountable for decisions & operational oversight of bids meeting and sourcing sprint sessions.
- Accountable for execution of bid and case workload completion in timely manner, act as support when needed.
- Accountable for resolution of bid and case workload issues.
- Advanced systems knowledge. Where applicable support user acceptance testing UAT.
- Accountable for oversight of all sourcing processes and ensure coverage at all times.
- Responsible to drive process improvements within Sourcing team for ClarusONE to become best in class.
Other:
- Responsible to act as mentor / coach / buddy.
- Responsible for new starter on-boarding.
- Support in hiring / interview process.
- 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’ of 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 is 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 with individuals in different time zones.
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Lead, Sourcing & Supplier Relations employer: McKesson’s Corporate
Contact Detail:
McKesson’s Corporate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead, Sourcing & Supplier Relations
✨Tip Number 1
Familiarise yourself with the pharmaceutical sourcing landscape, especially in generic products. Understanding the key players and market dynamics will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the sourcing and supplier relations field. Attend industry conferences or webinars to connect with potential colleagues and learn about current trends that could give you an edge.
✨Tip Number 3
Brush up on your negotiation skills, as this role heavily involves executing negotiation strategies. Consider role-playing scenarios with friends or colleagues to build confidence in your approach.
✨Tip Number 4
Showcase your analytical skills by preparing examples of how you've used data to drive decisions in past roles. Being able to discuss specific instances where you've identified opportunities or mitigated risks will impress interviewers.
We think you need these skills to ace Lead, Sourcing & Supplier Relations
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights 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 clearly outlines your motivation for applying to this role. Emphasise your experience in the pharmaceutical or FMCG sectors and how your skills align with the responsibilities listed in the job description.
Highlight Analytical Skills: Given the importance of data and analytics in this role, be sure to mention any experience you have with financial analysis, spend analysis, or using tools like Alteryx and Tableau. Provide examples of how you've used data to drive decisions.
Showcase Communication Skills: Since excellent communication and negotiation skills are crucial for this position, include examples of successful negotiations or cross-functional collaborations in your application. This will help demonstrate your ability to influence and work effectively with diverse teams.
How to prepare for a job interview at McKesson’s Corporate
✨Showcase Your Relationship Management Skills
As a Supplier Relations and Sourcing Lead, your ability to build and maintain relationships is crucial. Prepare examples of how you've successfully managed supplier relationships in the past, highlighting any challenges you overcame.
✨Demonstrate Analytical Expertise
This role requires leveraging data and advanced analytics. Be ready to discuss specific instances where you've used data to identify opportunities or mitigate risks, and how that impacted your previous organisation.
✨Prepare for Negotiation Scenarios
Negotiation strategies are key in this position. Think of a time when you successfully negotiated terms with a supplier. Be prepared to walk through your approach and the outcome during the interview.
✨Understand the Industry Dynamics
Familiarise yourself with the current trends in the pharmaceutical and FMCG sectors. Being able to discuss these dynamics will show your commitment to the role and your understanding of the market landscape.
