SOURCING AND SUPPLIER RELATIONS SPECIALIST
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JOB DESCRIPTION
The Sourcing Manager supports the sourcing and management of the generics category of products stocked and positioned for sale. This includes executing the required analysis and system manipulation to execute upon the sourcing contracts and business plans developed with suppliers. This position gathers, analyses, prepares and summarises recommendations for product and supplier plans.
RESPONSIBILITIES
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Responsible for building and maintaining relationships with US based Generic (Gx) suppliers.
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Responsible for data gathering, analysing, reporting, and developing recommendations.
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Responsible for the resolution of Generic (Gx) suppliers operational issues & escalations while effectively communicating impact to member organisations across relevant channels.
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Responsible for the bid review process including, validating bids, identifying share shifts, pricing and contracting review and issuing award letters Reconciles multiple sources of data to analyse trends & opportunities; provides financial outputs for business cases and/or product development requirements.
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Responsible for driving alignment with other groups within sourcing, member engagement & members to ensure implementation and delivery of ideas.
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Performs advanced analysis that informs strategic and tactical decision making and solves business problems related to potential or current business opportunities that meet project requirements and drive incremental profit related to source programs.
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Build knowledge and support value creation initiatives within the Supplier Relations team.
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Gain an in-depth knowledge of systems and process associated with daily workload.
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Prepare for, attend and support Generic (Gx) suppliers meetings.
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Support with establishing effective business processes to monitor generics portfolio health and risk, creating financial value for members. Core responsibilities include supporting the management of generic programs for the members (OneStop,MultiSource and Walmart Direct).
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Support communications to the C1 organization of supplier, product, and market changes in relation to generic portfolio.
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Listen to, leverage, promote diverse ideas, perspectives, of others across the business.
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Act as a mentor/buddy to educate less experienced team members
REQUIREMENTS
Education/Experience
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Bachelors degree preferably in Finance, Economics or similar
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Minimum of 4 years’ of experience in Accounting and/or Finance/Business Analysis
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Product sourcing experience especially in generic pharmaceuticals preferred
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Formal training in negotiations and/or demonstrated experience
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Knowledge/Skills
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Knowledge of purchasing, sourcing and/or product management of product distributed within a multiple warehouse environment
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Strong proficiency in MS Excel and/or Access with a solid background in developing queries, macros and other data extraction techniques
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Strong analytical and problem-solving skills
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Well organised, process and team-oriented with the ability to prioritise quickly
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Excellent communication skills and able to work with all levels of management and internal/external customers to get results quickly – able to communicate complex data to stakeholders in a simplified and action-oriented manner
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Excellent analytical skills and a demonstrated, consistent ability to execute upon strategic and tactical plans
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Highly motivated self-starter; ability to initiate and manage work with minimal supervision
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General office demands
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Travel Requirements
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5% travel with some after-hours business meetings