Position Summary:
The Director, TDOQ Sourcing and Procurement will be a strategic leader of the Acadia Sourcing & Procurement team, leading the development of all commercial manufacturing and raw materials sourcing category strategies globally. This position will play a vital role to ensure Acadia has access to top quality services, technologies, and vendor partners required to support company’s growth. It leads the identification, assessment, selection, negotiation, execution of contracts and relationship with key TDOQ vendors, and will contribute to the corporate sourcing & procurement policy, vendor management and governance framework and process. This role will be based in San Diego, CA or Princeton, NJ
Primary Duties and Responsibilities:
- Develop global sourcing strategies/plans for TDOQ vendors in commercial supply chain, packaging and logistics, drug substance, drug formulation, quality assurance, analytical development
- Proactively work with TDOQ business stakeholders including sr. executives to identify sourcing needs and ensure sourcing strategies align with business goals and enable efficiency & innovation
- Assess, benchmark & negotiate existing key vendor contracts and conduct gap analysis.
- Collaborate with Finance FP&A team on vendor cost budgeting, forecasting, and saving validation
- Assess industry trends, evolving technology such as AI in procurement to ensure continuous improvement of sourcing process automation
- Collaborate with TDOQ team to establish vendor governance program including vendor optimization, risk assessment and operational performance evaluation process
Education/Experience/Skills:
- Proven leadership ability to manage large manufacturing and raw material vendor spend portfolios
- Familiar with global supply chain and raw material vendors in a pharma environment, and demonstrate the success to map and develop international vendors by product portfolios
- 12+ years of extensive sourcing experience with deep knowledge of vendors for commercial supply chain/drug formulation/APIs &excipients/packaging in a pharma/biotech firm
- Strong negotiation and drug substance vendor benchmarking experience
- Deep understanding of global supply chain vendor risks and ability to establish associated mitigation plans
- Proficient procurement system knowledge of S2P(Coupa), CLM (Agiloft) and upcoming AI sourcing tools
- Familiarity with sourcing saving report methodology and associated tools such as Smartsheet
- BS/BA or equivalent combination of relevant education
Key candidate qualities:
- Willing to go beyond and look for new innovative ways to bring in tangible results/savings
- Ability to communicate and present sourcing strategies clearly to key stakeholders
- Ensure compliance with corporate compliance SOP and policies
- Available for up to 15% domestic or international travel as needed
Physical Requirements:
While performing the duties of this job, the employee is regularly required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, see, talk or hear in a standard office environment. Employee must occasionally lift and/or move up to 15 pounds
#LI-HYBRID #NC1
In addition to a competitive base salary, this position is also eligible for discretionary bonus and equity awards based on factors such as individual and organizational performance. Actual amounts will vary depending on experience, performance, and location.
What we offer US-based Employees:
- Competitive base, bonus, new hire and ongoing equity packages
- Medical, dental, and vision insurance
- Employer-paid life, disability, business travel and EAP coverage
- 401(k) Plan with a fully vested company match 1:1 up to 5%
- Employee Stock Purchase Plan with a 2-year purchase price lock-in
- 15+ vacation days
- 13 -15 paid holidays, including office closure between December 24th and January 1st
- 10 days of paid sick time
- Paid parental leave benefit
- Tuition assistance
EEO Statement (US-based Employees): Studies have shown that women and people of color are less likely to apply for jobs unless they believe they meet every one of the qualifications in the exact way they are described in job postings. We are committed to building a diverse, equitable, inclusive, and innovative company, and we are looking for the BEST candidate for the job. That candidate may be one who comes from a less traditional background or may meet the qualifications in a different way. We strongly encourage you to apply, especially if the reason you are the best candidate isn’t exactly what we describe here.
It is the policy of Acadia to provide equal employment opportunities to all employees and employment applicants without regard to considerations of race, including related to hairstyle, color, religion or religious creed, sexual orientation, gender, gender identity, gender expression, gender transition, country of origin, ancestry, citizenship, age, physical or mental disability, genetic information, legally-protected medical condition or information, marital status, domestic partner status, family care status, military caregiver status, veteran or military status (including reserve status, National Guard status, and military service or obligation), status as a victim of domestic violence, sexual assault or stalking, enrollment in a public assistance program, or any basis protected under federal, state or local law.
As an equal opportunity employer, Acadia is committed to a diverse workforce. If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation. Furthermore, you may request additional support if you are unable or limited in your ability to use or access Acadia’s career website due to your disability, along with any accommodations throughout the interview process. To request or inquire about your reasonable accommodation, please complete our Reasonable Accommodation Request Form or contact us at [email protected] or 858-261-2923.
Please note that reasonable accommodations granted throughout the recruiting process are not guaranteed to be the same accommodations given if hired. A new request will need to be submitted for any ADA accommodations after starting employment.
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Canadian Applicants: Please see Additional Information for Canadian Residents within our Privacy Policy.
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Notice to Search Firms/Third-Party Recruitment Agencies (Recruiters): The Talent Acquisition team manages the recruitment and employment process for Acadia Pharmaceuticals Inc. (“Acadia”). Acadia does not accept resumes from recruiters or search firms without an executed search agreement in place. Resumes sent to Acadia employees in the absence of an executed search agreement will not obligate Acadia in any way with respect to the future employment of those individuals or potential remuneration to any recruiter or search firm. Candidates should never be submitted directly to our hiring managers or employees.
Skills Required
- 12+ years of extensive sourcing experience with deep knowledge of vendors for commercial supply chain/drug formulation/APIs
- Proven leadership ability to manage large manufacturing and raw material vendor spend portfolios
- Familiar with global supply chain and raw material vendors in a pharma environment
- Strong negotiation and drug substance vendor benchmarking experience
- Deep understanding of global supply chain vendor risks and ability to establish associated mitigation plans
- Proficient procurement system knowledge and familiarity with sourcing saving report methodology
- BS/BA or equivalent combination of relevant education
What We Do
Our Acadia family of care-ageous warriors aspire to enable brighter moments for patients and their loved ones. For 30 years, we have been working at the forefront of healthcare to bring vital solutions to people who need them most. We developed and commercialized the first and only approved therapies for hallucinations and delusions associated with Parkinson’s disease psychosis and for the treatment of Rett syndrome. Our clinical-stage development efforts are focused on treating the negative symptoms of schizophrenia, Alzheimer’s disease psychosis and neuropsychiatric symptoms in central nervous system disorders. Important Notice for Candidates - Be Aware of Fraudulent Recruiting Activity Acadia Pharmaceuticals has become aware of fraudulent recruiting activity being circulated via email and LinkedIn by individuals impersonating Acadia Talent Acquisition employees. These communications may appear legitimate due to an official-looking Acadia email address or website, referencing of an actual recruiter and/or manager at Acadia (easily found on LinkedIn), and/or offer documents falsely signed by an Acadia executive. The impostor uses the incentive of a job interview and job offer to solicit sensitive personal information from the intended victim. Please note that the Acadia Talent Acquisition and HR Team will ONLY interact with a candidate from "Acadia-pharm.com" domain sourced emails. We do not request sensitive personal information, such as a Social Security Number, or payments of any kind during the interview or job offer process. Acadia strongly recommends individuals, who receive email solicitations, to carefully verify the authenticity of the correspondence before responding. Never provide personal information or click on links if you are unsure a communication’s legitimacy. If in doubt, please contact [email protected] to verify.
