Sourcing Manager - Reading, Berkshire - £300 - £400 per day - 10 monthsSourcing Manager - Reading, Berkshire - £300 - £400 per day - 10 months The work location is in Reading, Berkshire and the contract is duration is 10 Months. Pay rate is £300 - £400 per day. The role is working for a well-established pharmaceutical company. A Sourcing Manager is needed to ensure the management of procurement activities at local level, in respect of the commercial and technical needs and in line with global policies and strategies…Job purpose: The Sourcing Manager will be responsible for procurement sourcing activities within the UK & Ireland. The Sourcing Manager is to act in line with the agreed global / regional category and sourcing strategies and contracts. He/she will drive the function towards increased and sustainable sourcing effectiveness to support company's business growth strategy. Key accountabilities of the role include:Develops and/or implements (country) sourcing strategies and initiatives for his/her materials and services, ensuring alignment, compliance with Procurement guidelines, as well as other internal/external process standards and delivery of required business performance.Understands business needs & engages with stakeholders to meet their priorities and requirements and therefore, builds effective, trustful, personal relationships with country stakeholders.Plans and executes sourcing events to create a competitive advantage, e.g. spend reduction, supply security and / or time-to-market. Prepares supplier negotiations, awards suppliers and conducts post negotiation debriefs. Translates results of sourcing strategies, initiatives and projects into How Docs to enable efficient processing.Develops and drives performance improvement programs and transformation initiatives- Drives sourcing excellence and ensures consistent and sustainable application of state of the art sourcing methodologies and tool utilization along the Source-2-Pay process.Manages supply agreements & contracts. Monitors and controls contractual agreements and clauses over entire lifecycle and minimizes exposure to contractual risks in external relationships through usage of terms and conditions aligned with legal function.Provides country-specific market intelligence to mitigate supply risk, gain competitive advantage and make better business decisions. Continuously conducts detailed supplier and supply market analysis at country level looking at facts and indicating market trends in supply base and technology.Analyses and understands total cost of ownership structures for area(s) of responsibility to develop better and/or innovative pricing models (e.g. performance- or indices-based pricing).Manages supplier relationships and implements supplier management principles in supply base, builds relationships and improves supplier performance. Incorporates company's responsibility and commitment to sustainable business practices into category supplier relationships and ensures compliance through reports, audits and improvement plans.Optimizes resource allocation to projects, tasks and responsibilities in order to deliver required business performance.Value added to the success of the company - what are the main objectives of the function?Creating a competitive advantage for Client and increasing business satisfaction with Procurement deliverables by:Supporting companies' cost & cash competitivenessMitigating product supply risksSupporting time-to-market initiativesImproving the quality of goods and servicesEnsuring compliance to internal and external policies and legislation to protect companies' social reputationKey skills and experienceMaster or equivalent degree in science, engineering or business managementMCIPS qualified or working towardsStrong stakeholder engagement skills combined with strong collaboration, influencing and communication competenciesSolid background and expertise in Procurement, procurement processes and methodologies (e.g. strategic sourcing and supplier management)Solid category expertise in Corporate Functions & Technical CommunityFinancial acumenAnalytical decision makingResult orientationHigh proficiency level in English If you are relevant or interested do not delay, contact me on 0161 924 3956.