Sr. Analyst, Strategic Sourcing- San Diego based

Neurocrine Biosciences
United States, California, San Diego
Jan 28, 2025
Who We Are: At Neurocrine Biosciences, we pride ourselves on having a strong, inclusive, and positive culture based on our shared purpose and values. We know what it takes to be great, and we are as passionate about our people as we are about our purpose - to relieve suffering for people with great needs, but few options. What We Do: Neurocrine Biosciences is a leading neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs, but few options. We are dedicated to discovering and developing life-changing treatments for patients with under-addressed neurological, neuroendocrine, and neuropsychiatric disorders. The company's diverse portfolio includes FDA-approved treatments for tardive dyskinesia, chorea associated with Huntington's disease, endometriosis* and uterine fibroids, as well as a robust pipeline including multiple compounds in mid- to late-phase clinical development across our core therapeutic areas. For three decades, we have applied our unique insight into neuroscience and the interconnections between brain and body systems to treat complex conditions. We relentlessly pursue medicines to ease the burden of debilitating diseases and disorders, because you deserve brave science. For more information, visitneurocrine.com, and follow the company on LinkedIn, X (Formerly Twitter) and Facebook. (in collaboration with AbbVie) About the Role: We are seeking a highly motivated and experienced Sr. Analyst, Strategic Sourcing to join our Procurement team. The successful candidate will be responsible for developing and executing strategic sourcing initiatives, managing supplier relationships, and driving category strategy development and execution. This role will require a strong analytical mindset, excellent communication skills, and the ability to collaborate with cross-functional teams to drive business outcomes. In this role you will help internal stakeholders to devise a strategic approach to category management and initiate and analyze requests for proposals, negotiate contracts, and manage the supplier relationship. You will identify opportunities to apply sourcing methods and work closely with internal clients to execute on those opportunities to drive value to the organization. In addition, you may be responsible for process reengineering, compliance management, value capture, and supplier relationship management to support comprehensive category management. When necessary, you will establish a supplier relationship management process with continuous improvement goals/programs. You will monitor market dynamics and communicate changes that affect internal client needs. _ Your Contributions (include, but are not limited to): Develop and execute strategic sourcing plans for assigned categories, aligning with business objectives and stakeholder needs Conduct market research, analyze market trends, and identify opportunities for cost savings, process improvements, and supplier optimization Manage supplier relationships, including contract negotiations, performance management, and issue resolution Analyze and interpret data to inform sourcing decisions, track key performance indicators (KPIs), and measure supplier performance Develop and maintain strong relationships with internal stakeholders, including but not limited to R&D, IT, HR, Operations, Supply Chain, Accounting and Finance Identify and mitigate supply chain risks, ensuring business continuity and compliance with regulatory requirements Stay up-to-date with industry trends, best practices, and emerging technologies to drive innovation and process improvements Identify, evaluate, and negotiate with suppliers that offer a competitive advantage to the organization Manage the organization's RFP process and evaluates potential suppliers to ensure that cost, quality, inventory levels, and supply chain operations meet organizational needs.Track supplier performance and compliance with expectations or contractual terms Identify duplicated purchases across the organization and leverages bulk purchasing power to negotiate price discounts Ensure that all purchasing activities comply with applicable regulations and guidelines Quantify and track value creation May work in a specialized purchasing area, function or commodity Third party supplier risk management experience is preferable but not required Requirements: BA degree in Business, Procurement/ Supply Chain or related field or equivalent work experience and 4+ years of relevant experience in procurement, experience in a life science, Biotechnology, or Pharmaceutical environment required. Experience working with ERP system required Oral and written communication skills Detail oriented Planning skills Organizational skills Presentation skills Ability to build collaborative relationships Experience with developing and executing Category Strategies Experience with supplier relationship management Coupa, Smartsheet, Power BI, MS Office Suite & Projects management skills Customer-focused with proven negotiation, analytical problem solving and training skills Ability to negotiate contracts and purchase agreements for services, commodities and capital equipment Demonstrated ability to collaborate and maintain good working relationships with internal and external partners Knowledge of Lean Six Sigma or experience in process improvements Experience working with ERP and Contract Management Systems #LI-TM1 Neurocrine Biosciences is an EEO/AA/Disability/Vets employer. We are committed to building a diverse, equitable, and inclusive workplace, and we recognize there are a variety of ways to meet our requirements. We are looking for the best candidate for the job and encourage you to apply even if your experience or qualifications don't line up to exactly what we have outlined in the job description. _ The annual base salary we reasonably expect to pay is $95,100.00-$138,050.00. Individual pay decisions depend on various factors, such as primary work location, complexity and responsibility of role, job duties/requirements, and relevant experience and skills. In addition, this position offers an annual bonus with a target of 20% of the earned base salary and eligibility to participate in our equity based long term incentive program. Benefits offered include a retirement savings plan (with company match), paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage in accordance with the terms and conditions of the applicable plans.