Eli Lilly and Company · 2 days ago
Associate - Procurement
Eli Lilly and Company is a global healthcare leader headquartered in Indianapolis, Indiana. The Associate - Procurement will be responsible for developing and executing procurement strategies for specific categories of goods and services, ensuring cost-effectiveness, quality, and supply chain reliability in alignment with the company's strategic objectives.
BiotechnologyHealth CareMedicalPharmaceutical
Responsibilities
Develop, implement, and manage procurement strategies for assigned categories, including market analysis, supplier identification, and risk mitigation
Lead the entire sourcing process from request for proposal (RFP) to contract negotiation and execution, ensuring favorable terms and conditions for Eli Lilly
Cultivate and maintain strong relationships with key suppliers, monitoring performance, conducting regular business reviews, and driving continuous improvement
Collaborate cross-functionally with internal stakeholders, including R&D, manufacturing, legal, and finance teams, to understand business needs and integrate procurement activities seamlessly
Identify and implement cost-saving opportunities through strategic sourcing, value analysis, and process optimization without compromising quality or supply security
Ensure compliance with all relevant company policies, ethical guidelines, and regulatory requirements in all procurement activities
Manage supplier contracts, including renewals, amendments, and performance monitoring, to ensure adherence to agreed-upon terms
Utilize procurement analytics and reporting tools to track key performance indicators (KPIs), identify trends, and provide insights to leadership
Stay abreast of industry best practices, market trends, and new technologies in procurement to drive innovation and efficiency
Qualification
Required
Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field
Minimum of 2 years of progressive experience in procurement, strategic sourcing, or supply chain management, preferably within the pharmaceutical or life sciences industry
Qualified applicants must be authorized to work in the United States on a full-time basis. Lilly will not provide support for or sponsor work authorization and/or visas for this role
Preferred
Master's degree or professional certification (e.g., CPSM, CIPS) preferred
Proven track record of successful contract negotiations and supplier relationship management
Strong analytical skills with the ability to interpret complex data and make informed decisions
Excellent communication, interpersonal, and presentation skills, with the ability to influence stakeholders at all levels
Demonstrated ability to manage multiple projects simultaneously and prioritize effectively in a fast-paced environment
Proficiency in procurement software (e.g., SAP Ariba, Coupa) and Microsoft Office Suite (especially Excel)
In-depth knowledge of procurement best practices, legal aspects of contracting, and supply chain risk management
Ability to work independently and as part of a cross-functional team
Strong ethical compass and commitment to integrity
< 10% travel required
Benefits
Company-sponsored 401(k)
Pension
Vacation benefits
Eligibility for medical, dental, vision and prescription drug benefits
Flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts)
Life insurance and death benefits
Certain time off and leave of absence benefits
Well-being benefits (e.g., employee assistance program, fitness benefits, and employee clubs and activities)
Company
Eli Lilly and Company
We're a medicine company turning science into healing to make life better for people around the world.
Funding
Current Stage
Public CompanyTotal Funding
$6.5M2024-02-12Post Ipo Debt· $6.5M
1978-01-13IPO
Leadership Team
Recent News
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