Global Marketing Procurement Category Lead
Date: Nov 4, 2024
Location: US-NJ-Bridgewater, New Jersey, US
Company: Bausch Health
Join a team! We are a global diversified pharmaceutical company enriching lives through our relentless drive to deliver better health outcomes. We develop, manufacture and market a range of products, primarily in gastroenterology, hepatology, neurology, dermatology, medical aesthetic devices, international pharmaceuticals. Our 7,000 employees share a common goal and values, propelling us to provide essential care to millions of people globally. We seek dedicated individuals who share our sense of urgency, unity, and excellence.
We are looking for a trustworthy and respectful individual who consistently does the right thing. Someone who is imaginative and proactive, with a keen eye for what is possible. A perceptive and adaptive person who is action oriented. We need a disciplined, focused, and accountable team member. If you embody these values, come join our company and help us shape the future.
We are all in it together to make a difference. Be a part of a culture that doesn't just wait for change but actively creates it—where your skills and values drive our collective progress and impact.
The Procurement Global Category Lead – Marketing is an individual contributor role and will report to the Director, Indirect Commercial Procurement. They will take the leadership to execute Category Management & Strategies, predominantly 80% for the North America region.
The primary responsibility will be to drive competition, innovation, supplier performance, and continuous improvement in alignment with corporate and business unit strategy and financial goals.
The person will be responsible for stakeholder engagement up to the Executive Leadership Team business unit leads for categories including, but not limited to: Media, Creative, Digital, and Public Relation Agencies, Marketing Consulting, and Market Access & Patient Support categories.
The person will collaborate with the Sourcing Support Services Manager and local category managers to execute strategies and deliver category best practices.
HOW YOU’LL SPEND YOUR DAY
Global Category ownership and execution for marketing category; including data gathering, value generation, and supplier relationship management.
- Partner with EVP US Pharma to develop, implement, and continuously improve upon Marketing and Market Access categories in order to drive competitive advantages and significant business contributions
- Stakeholder engagement with Business Unit SVP/VP and Brand Managers to define and influence overall business objectives
- Monitor market trends and supplier landscape, staying informed about innovation, and trends in the Marketing/Agencies category
- Analyze and produce reports on supplier spend data, sourcing initiatives and targeted/achieved savings.
- Identify potential opportunities and conduct Request for Proposal (RFP), Requests for Information quotation analysis and cost modeling.
- Execute sourcing strategy and selection of suppliers
- Manage contract expirations, renewals, updates, and performance.
- Conduct comprehensive supplier evaluations, contract negotiations, and proactively manage supplier relationships (including, but not limited to SRMs, 360’ surveys, etc.)
- Manage and maintain relationship with suppliers to maximize value and continuous improvement.
- Support supplier risk and sustainability assessments and develop mitigation plan as needed.
- Support US diversity and sustainability initiatives.
- Influence category best practices at regional/local levels with support of local procurement
- Support contract negotiations and management including successful execution of contracts, ensuring proper coordination with the internal legal team and managing on-going stakeholder contracting needs.
- Ensure all procurement activities align with company policies, industry standards, and legal regulations.
- Liaise with Legal, Regulatory, Finance, IT and other functions as needed.
KEY RELATIONSHIPS
- VP/SVP’s of Business Units
- Brand Managers
- Sourcing Support Services Manager
- Legal
EXPERIENCE
- Minimum of 10 years in a strategic sourcing environment with 5+ years managing Marketing or Market Access categories. Consideration will be made for marketing professionals with multiple years of strategic sourcing experience.
- Bachelor’s degree required; preferably in Procurement, Marketing, Finance, or Business.
- Experience in Pharma or CPG marketing environments preferred.
- Demonstrated proficiency in developing procurement strategies which contribute to overall business objectives is a must.
- Proven experience in strategic sourcing process including but not limited to: data analysis, market analysis, category strategy development, supplier sourcing, RFI/RFP/RFQ development, evaluation, negotiations, execution, contract review, contract management, supplier management.
- Applied experience in the understanding of legal issues, contractual principles, and negotiation techniques used in the development of complex contractual agreements.
- Proven capability in proactive workload management, data analysis, exceptional interpersonal skills, excellent written and verbal skills, problem solving skills, and significant experience with Excel and Powerpoint applications.
Benefits package includes a Comprehensive Medical (includes Prescription Drug), Dental, Vision, Health Savings Account with company contribution, Flexible Spending Accounts, 401(k) matching, discretionary time off, paid sick time, tuition reimbursement, parental leave, short-term disability, long-term disability, life insurance, accidental death & dismemberment insurance, paid holidays, Employee Assistance Plan, commuter benefit, recognition awards, voluntary benefits (including Identity Theft, Student Loan and Breast Milk Shipping), employee referral bonuses and employee discounts.
#LI-hybrid
This position may be available in the following location(s): US - Bridgewater, NJ
Bausch Health Companies Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates collaboration.
If a candidate needs a reasonable accommodation/adjustment due to physical or mental health impairment for any part of the application process, they are encouraged to send their request to humanresources@bauschhealth.com or call 908-927-1400 and let us know the nature of the request and their contact information. Please be sure to include the job requisition number.
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