Senior Procurement Specialist
Merck
August 24, 2026
Remote friendly (Rahway, NJ)
United States
Corporate Functions
Direct Materials Procurement – New Product Introduction
General Responsibilities:
- Collect and present market trends, competitive environment, and industry best practices to assist sourcing strategy.
- Collaborate with key functions to execute the overall sourcing strategy across modalities until launch + 2 years.
- Support procurement objectives: product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier development, working capital improvement, and supplier relationship management.
- Work cross-functionally with Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
- Conduct detailed market analyses to provide deep, meaningful insights.
- Implement procurement strategies and execute tactical procurement processes; serve as a resource on procurement processes/systems.
- Support supplier selection; ensure legal contract requirements are met; manage supplier relationships.
- Enforce Global Procurement policy compliance using a data-driven business case approach.
Additional Responsibilities:
- Supplier and supply market analysis.
- Cost modeling/cost reduction (may include supplier visits).
- Strategic analysis (e.g., portfolio analysis, supplier preferencing, day-one sourcing).
- Financial analysis/reporting (category spend, savings, compliance, metrics; maintain reporting systems including SAP).
- Negotiation planning (pre-negotiation plans, negotiation support, post-debriefs/follow-through).
- Sourcing via RFIs, RFPs, and e-auctions.
- Risk assessment and mitigation (e.g., solvency analysis, FCPA/compliance).
- Category team membership and sharing learnings within GSMG.
Qualifications:
- Master’s degree in Engineering, Science, Supply Chain, or Procurement.
- 2+ years of relevant pharmaceutical industry experience.
- Strong verbal/written communication; ability to present clearly and work across organizational levels.
- Ability to influence external partners.
- Advanced data collection/management/analytics/reporting skills.
- Excellent project management; independent work with flexibility in ambiguous situations.
- Proficient in Microsoft Office (Excel, PowerPoint, Word).
Preferred:
- Prior pharmaceutical or Fortune 500 experience.
- Cost modeling experience.
- Experience with MS Teams/SharePoint; PowerBI or similar tools; Excel for large datasets; managing external relationships; data collection methods.
General Responsibilities:
- Collect and present market trends, competitive environment, and industry best practices to assist sourcing strategy.
- Collaborate with key functions to execute the overall sourcing strategy across modalities until launch + 2 years.
- Support procurement objectives: product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier development, working capital improvement, and supplier relationship management.
- Work cross-functionally with Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
- Conduct detailed market analyses to provide deep, meaningful insights.
- Implement procurement strategies and execute tactical procurement processes; serve as a resource on procurement processes/systems.
- Support supplier selection; ensure legal contract requirements are met; manage supplier relationships.
- Enforce Global Procurement policy compliance using a data-driven business case approach.
Additional Responsibilities:
- Supplier and supply market analysis.
- Cost modeling/cost reduction (may include supplier visits).
- Strategic analysis (e.g., portfolio analysis, supplier preferencing, day-one sourcing).
- Financial analysis/reporting (category spend, savings, compliance, metrics; maintain reporting systems including SAP).
- Negotiation planning (pre-negotiation plans, negotiation support, post-debriefs/follow-through).
- Sourcing via RFIs, RFPs, and e-auctions.
- Risk assessment and mitigation (e.g., solvency analysis, FCPA/compliance).
- Category team membership and sharing learnings within GSMG.
Qualifications:
- Master’s degree in Engineering, Science, Supply Chain, or Procurement.
- 2+ years of relevant pharmaceutical industry experience.
- Strong verbal/written communication; ability to present clearly and work across organizational levels.
- Ability to influence external partners.
- Advanced data collection/management/analytics/reporting skills.
- Excellent project management; independent work with flexibility in ambiguous situations.
- Proficient in Microsoft Office (Excel, PowerPoint, Word).
Preferred:
- Prior pharmaceutical or Fortune 500 experience.
- Cost modeling experience.
- Experience with MS Teams/SharePoint; PowerBI or similar tools; Excel for large datasets; managing external relationships; data collection methods.