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Associate Procurement Specialist

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Kenilworth, NJ

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Requisition ID: PRO017631Merck & Co., Inc. Kenilworth, N.J., U.S.A. known as Merck in the United States and Canada, is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where Merck has codified itsu00a0legacy for over a century. Mercku2019s success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.u00a0Merck is a global health care leader with a diversified portfolio of prescription medicines, vaccines and consumer health products, as well as animal health products. Today, we are building a new kind of healthcare company u2013 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 people like you. To this end, we strive to create an environment of mutual respect, encouragement and teamwork. As part of our global team, youu2019ll have the opportunity to collaborate with talented and dedicated colleagues while developing and expanding your career.Our employees are the key to our companyu2019s success. We demonstrate our commitment to our employees by offering a competitive and valuable rewards program. Mercku2019s benefits are designed to support the wide range of goals, needs and lifestyles of our employees, and many of the people that matter the most in their lives.Strategic Supplier Management is a rigorous, data-driven methodology which relies upon high quality market intelligence for suppliers (and associated performance), supply markets, and supply chains, and strategic analysis and reporting of internal business requirements, supplier performance, spend and savings data. This role will support several facets of the Global Supplier Management Group, specifically Procurement (both category, and site) and Supplier Development & Performance Management. The successful candidate: prepares and conducts market intelligence gathering and strategic analysis; pre-negotiation planning; RFIs, RFP/Qs, and e-auctions; quotation analysis and cost modeling; and financial solvency analysis, risk assessments, FCPA verification, and other compliance / due diligence assessments; supplier performance monitoring and problem resolution; budget planning process support and ongoing spend, savings, and compliance metrics reporting. The successful candidate is an individual motivated to cultivate their technical, business and commercial skills by applying their knowledge within MSDu2019s manufacturing environment. Candidates should be interested in participating in a broad range of work experiences across the Global Supplier Management Group (GSMG), and must be perceptive, quick learners committed to making a difference in Mercku2019s pursuit of becoming a world-class supplier of high-quality, market-leading pharmaceutical and vaccine products. The Associate Procurement Specialist is responsible for supporting strategic and operating objectives for the procurement function, ensuring maximization of the capabilities to execute procurement strategies and solutions, established supply lines to support budget and growth plans.Responsible for supporting and executing operating objectives for the procurement function, with key activities including, but not limited to: product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier diversity development, working capital improvement, and supplier relationship management.Implement procurement efforts and execute tactical procurement processes. Serve as a resource regarding processes, procedures and systems for procurement function.Support selection of suppliers to ensure appropriate savings and service levels. Ensure that all legal contract requirements are met. Manage relationships with external contacts to ensure optimal team performance and to take appropriate actions by implementing contract negotiation, communication with suppliers and/or or modifying procedure to ensure customer satisfaction. Serve as an operational and technical resource for all GSMG in the communication and resolution of purchasing systems issues; negotiate successful resolution to problems or concerns; educate customers about process and technology of supplier management functions. Work with Global Procurement colleagues to ensure compliance to global standards.Enforce compliance with all Global Procurement policies and procedures by using a data driven business case approach.Provide support for the Supplier Diversity & Development Program and engage in goal establishment, action planning and financial/quantitative reporting, as required.Additional responsibilities are as follows:Supplier and Supply Market Analysis u2013 To conduct rigorous market intelligence and detailed supplier and supply market analyses, to provide deep and meaningful insight to Sourcing teams.Cost Modeling / Cost reduction u2013 To construct detailed cost models/purchase price analysis of goods and services that are supplied to Merck. At times, this will require supplier visits to create a complete understanding of the cost structure of suppliers and develop cost reduction opportunities.Supplier Performance Management u2013 supplier performance monitoring, root cause investigation, issue management, risk assessment and mitigationStrategic Analysis u2013 To conduct up to six types of project analysis which transforms the information gathered from 1) and 2) above into insightful, well-structured breakthrough options and opportunities. Examples include Portfolio Analysis, Supplier Referencing, and Day One Sourcing.Financial Analysis & Reporting u2013 To prepare analysis and reporting of category spend, savings, compliance, and other metrics data on a monthly basis. To support the annual budget / profit planning process for the category at the global level. To maintain financial reporting and management systems (including SAP) with up-to-date data on an ongoing basis.Negotiation Planning u2013 To create detailed pre-negotiation plans, to lead and participate any prolonged negotiation sessions with suppliers and to conduct post negotiation debriefs and follow through plans.u00a0Sourcing u2013 To create and execute RFIs, RFPs, and eAuctions, together with subsequent structured information analysis wherever possible using electronic procurement processes .Risk Assessment and Mitigation u2013 To conduct effective risk assessment (including Financial Solvency Analysis, compliance with FCPA, Business Partner Code of Conduct, etc.) and establish appropriate risk mitigation plans within the supply-base pursuant to Merck Manufacturing Division's risk management framework.u00a0Category Team Membership u2013 To be an active member of one or more category teams using the techniques and content created in above as input in the creation of breakthrough strategies delivering cost reduction targets.Sharing of Learningu2019s u2013 The incumbent will be expected to generate work of a world class quality and share and transfer this to colleagues throughout GSMG and MMD.u00a0QualificationsEducation Minimum Requirement: B.S. degree (Engineering, Science, Manufacturing, Supply Chain Management, Biology, Chemistry, Biochemistry, Statistics)Required Experience and Skills: Experience in strategic sourcing, financial analysis / reporting, or Pharmaceutical / Biological / Consumer Care manufacturing (internal or external) or technical role.Strong data collection, analysis and reporting, project management, interpersonal and communications skills.Preferred Experience and Skills:Experience in international business.Commercial negotiations and contracting skills.Data Analysis skills, Project ManagerYour role at Merck is integral to helping the world meet new breakthroughs that affect generations to come, and weu2019re counting on your skills and inventiveness to help make meaningful contributions to global medical advancement. At Merck, weu2019re inventing for life.u00a0If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to ****a0u00a0 Search Firm Representatives Please Read Carefully:u00a0 Merck & Co., Inc. is not accepting unsolicited assistance from search firms for this employment opportunity.u00a0 Please, no phone calls or emails.u00a0 All resumes submitted by search firms to any employee at Merck via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Merck.u00a0 No fee will be paid in the event the candidate is hired by Merck as a result of the referral or through other means.u00a0Visa sponsorship is not available for this position. u00a0For more information about personal rights under Equal Employment Opportunity, visit: u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0 EEOC Poster u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0 EEOC GINA Supplement Job: Procurement GenericOther Locations: West Point, PA, US; Whitehouse Station West, NJ, US Employee Status: RegularTravel: NoNumber of Openings: 1Shift (if applicable): 1stHazardous Materials: NoCompany Trade Name: Merck,employmentType:[,OTHER],title:Associate Procurement Specialist,url:****Jersey,addressCountry:United States,postalCode:07033}},hiringOrganization:{@type:Organization,name:Merck,logo:****{@context:****Procurement Specialist}}]}

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