Job Description

One of the core functions of our Global Sourcing Management Group (GSMG) is to conduct effective sourcing work for our Company by executing our end-to-end sourcing process. This includes working with One of the core functions of our Global Sourcing Management Group (GSMG) is to conduct effective sourcing work for our Company by executing our end-to-end sourcing process. This includes working with the business stakeholder to understand the needed goods or services, identifying the viable suppliers, conducting the evaluation process via RFX steps, selecting the final suppliers, and then completing the negotiation and formal contracting work. The Global Sourcing and Contracting (GSC) team sit within the Business Operations organization of GSMG and is responsible for executing the GSMG S&C work. The Sourcing Analyst is an essential resource to assist the category team on operational and transactional sourcing activities such as creation and management of RFx, coordination with suppliers, evaluation of RFx response and, all other sourcing related steps in SAP Ariba. The job supports both major category and minor category procurement. Works with Procurement Category owners globally to understand supply strategies and associated implementation. WHAT YOU WILL DO Your responsibilities will include, but are not limited to: Understand the sourcing strategy and effectively execute action plan for review and governance of the sourcing strategy Create initial bidder lists, submit supplier request form in SAP Ariba and develop RFx content Access NDA/CDAs needed and manage agreement requirements Launch & Manage RFx event Receive and analyze supplier quotes and coordinate with suppliers for revised bids if initial bids are not satisfactory Schedule and assist in negotiation sessions with supplier Coordinate and manage supplier presentations Award business to supplier in SAP Ariba Document and maintain feedback for non-selected suppliers Conduct supplier due diligence and compliance checks before every business award Maintains a good working knowledge of supplier's organization, product lines and, contractual agreements Check workflow daily for tasks assigned and redirect work items as appropriate Conducts data analysis to help build supplier list, RFx and, negotiation strategy etc. Responsible for benchmarking and market research WHAT YOU MUST HAVE To be successful in this role, you will have: Bachelor's Degree in Business, Finance, Engineering, or related field Up to two years (including student placements) in procurement or related supply chain role Source to Pay (S2P) processes knowledge and expertise in S2P technologies S2P technology knowledge such as SAP Ariba Experience on workflow management tools such as ServiceNow Experience working on Microsoft applications like PowerPoint, Excel, etc. Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the culture of our organization. Our Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security. Who we are We are known as Merck & Co., Inc., Rahway, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world. What we look for Imagine getting up in the morning for a job as important as helping to save and improve lives around the world. Here, you have that opportunity. You can put your empathy, creativity, digital mastery, or scientific genius to work in collaboration with a diverse group of colleagues who pursue and bring hope to countless people who are battling some of the most challenging diseases of our time. Our team is constantly evolving, so if you are among the intellectually curious, join us-and start making your impact today. We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another's thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.