Regeneron is founded on the belief that the right idea, combined with the right team, can lead to significant transformations. Our growing global network is dedicated to inventing, developing, and commercializing medicines that change lives for those with serious diseases. In doing so, we are pioneering innovative approaches to science, manufacturing, and commercialization, as well as redefining our understanding of health.
The Senior Manager – Buyer Global Procurement Capability Center in Bengaluru will be responsible for implementation and leadership of a new team within the newly formed Capability Center to enable delivery of Global Procurement responsibilities at Regeneron. The role will be responsible for leading a team of professionals focused on handling the procurement workflow process for the requisitions of goods, supplies, and services within assigned business units and/or category of spend.
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In this role typical day might include performing the following:
Accountable for leadership of a team of Buyers as part of the Global Procurement Operations team in support of Global Procurement and business requestors/partners
Development of standard methodologies and processes for the PR/PO workflows within Global Procurement
Demonstrates knowledge of efficient global procurement organizations to support the growth and evolution of the Global Procurement organization and leverages this knowledge to drive improvements within Regeneron, aligned with corporate priorities.
Proactively determines objectives/needs of purchase requisitions (PRs) and ensures required documentation is incorporated in the PR, which may include, competitive bid exception (CBE), quotes, Approved Supplier List(ASL) waivers if applicable, New Supplier Request Forms, etc.
Supervises Buyer’s adherence to contract policy – when a PO requires a contract, the buyer; (i) Checks if an active contract exists, (ii) references MSA or SOW/contract number, (iii) creates the PO and forwards workflow approval to the responsible Sourcing team owner when a contract is missing/expired and requires authorization.
Sr Manager will be able to backup any Buyer on their team’s PO activity if vital.
Assures Buyer’s creation of accurate PO line-item structure, supplier entity, currency, remittance, and adds contract numbers & notes to guide proper tax exemption and delivery instruction if needed.
Handle pricing discrepancies for invoice resolution with Accounts Payable to ensure timely and accurate closure of on-hold invoices. Bring ups to Sourcing team and Business Requestor for any contract related resolution, e.g., wrong entity, wrong currency.
Annually handles/supports the blanket purchase order creation process by analyzing spend at year-end, reviews existing blankets, and works with customers & sourcing team to initiate new blanket purchase orders.
Advises & informs requestors on the appropriate and compliant use of catalogue.
Advises and applies the use of P-cards to complete an order for an approved PR when appropriate. Approves monthly team P-card expenses in Concur.
Proactively reviews new supplier requests from iPro requestors and liaises with Sourcing Specialist/Sourcing Managers to seek use of existing/managed suppliers if applicable.
Provides leadership in setting global group goals/objectives for the team
Able to prioritize and manage workload across Buyers ensuring optimal allocation of resources
Provides coaching and guidance on job performance and career development to direct reports and provides leadership example for the organization.
Coaches proficiency on procurement technical skills among global procurement team.
This job might be for you if you:
The role requires a bachelor's degree in a relevant field of study plus relevant, dynamic experience in procurement
Experience optimally leading teams and processes across a breadth of categories
Builds influential collaborations to get results for Regeneron.
Provide guide insight and knowledge regarding effective and efficient use of technology and system configuration enabling pipeline delivery
Must operate with integrity, focus, and transparency in an environment of ambiguity to motivate change and continuous improvement.
Experience leading associate level professionals in a multi-national firm including writing performance reviews, setting annual objectives, coaching, and developing direct reports.
Solid understanding with Procurement tools, ERP’s, and eRFx systems preferred. (Oracle, Zycus, Other)
Ability to demonstrate standard business applications for communicating, presenting and analyzing (Word, Excel, Powerpoint)
Satisfactorily completes all required trainings and certifications according to established SOP’s.
Supports the requisition to invoice process as required. This may include, but not limited to, responding to audit information requests, participating in compliance reviews, and identifying continuous improvement opportunities working collaboratively with the sourcing team.
Participate in and/or submit at least one, or more continuous improvement ideas per year.
Support inquiries to advise and educate customers regarding the sourcing process and seek to identify system/process enhancements.
Connect with us, so we can learn more about you, and you can learn more about our medicines. And join us in shaping the future of healthcare.
Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion or belief (or lack thereof), sex, nationality, national or ethnic origin, civil status, age, citizenship status, membership of the Traveler community, sexual orientation, disability, genetic information, familial status, marital or registered civil partnership status, pregnancy or parental status, gender identity, gender reassignment, military or veteran status, or any other protected characteristic in accordance with applicable laws and regulations. We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application process. Please contact us to discuss any accommodations you think you may need.
Does this sound like you? Apply now to take your first step towards living the Regeneron Way! We have an inclusive and diverse culture that provides comprehensive benefits, which often include (depending on location) health and wellness programs, fitness centers, equity awards, annual bonuses, and paid time off for eligible employees at all levels!
Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion or belief (or lack thereof), sex, nationality, national or ethnic origin, civil status, age, citizenship status, membership of the Traveler community, sexual orientation, disability, genetic information, familial status, marital or registered civil partnership status, pregnancy or parental status, gender identity, gender reassignment, military or veteran status, or any other protected characteristic in accordance with applicable laws and regulations. The Company will also provide reasonable accommodation to the known disabilities or chronic illnesses of an otherwise qualified applicant for employment, unless the accommodation would impose undue hardship on the operation of the Company's business.
For roles in which the hired candidate will be working in the U.S., the salary ranges provided are shown in accordance with U.S. law and apply to U.S.-based positions. For roles which will be based in Japan and/or Canada, the salary ranges are shown in accordance with the applicable local law and currency. If you are outside the U.S, Japan or Canada, please speak with your recruiter about salaries and benefits in your location.
Please note that certain background checks will form part of the recruitment process. Background checks will be conducted in accordance with the law of the country where the position is based, including the type of background checks conducted. The purpose of carrying out such checks is for Regeneron to verify certain information regarding a candidate prior to the commencement of employment such as identity, right to work, educational qualifications etc.