Bengaluru, IND
14 hours ago
Senior Manager Buying
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, based in Bengaluru, will be instrumental in establishing and leading a new team within the recently formed Capability Center. This role will oversee the procurement workflow process for goods, supplies, and services requisitions within assigned business units or spending categories. The position will ensure consistency, scalability, and efficiency in procurement processes while fostering capability development across Global Procurement. Additionally, the role will collaborate with global colleagues to implement innovative and standardized ways of working. **A typical day might include the following:** + Manage a team of Buyers within the Global Procurement Operations team to support Global Procurement and business stakeholders. + Develop standard methodologies and processes for purchase requisition (PR) and purchase order (PO) workflows. + Leverage knowledge of efficient global procurement organizations to enhance Regeneron’s procurement processes in alignment with corporate priorities. + Ensure all purchase requisitions (PRs) meet objectives and include vital documentation, such as Comp Driven Exceptions (CBEs), quotes, Approved Supplier List (ASL) waivers, and New Supplier Request Forms. + Supervise adherence to contract policies, ensuring POs reference existing contracts, MSAs, or SOWs, and escalate to the Sourcing team for missing or expired contracts. + Provide backup support for team members' PO activities when vital. + Be responsible for the creation of accurate PO line-item structures, supplier details, currency, remittance information, and tax exemption/delivery instructions. + Resolve pricing discrepancies with Accounts Payable to ensure timely closure of on-hold invoices, involving Sourcing teams for contract-related issues as needed. + Handle the blanket purchase order creation process annually, analyzing year-end spend and coordinating with stakeholders and sourcing teams for new orders. + Advise and educate requestors on compliant catalog usage and P-card applications for approved PRs. + Approve monthly P-card expenses in Concur. + Review new supplier requests and collaborate with Sourcing Specialists or Managers to use existing suppliers when applicable. + Set global group goals and objectives for the team, prioritize workloads, and allocate resources successfully. + Provide mentorship, performance feedback, and career development guidance to direct reports. **This job might be for you if you:** + Bachelor’s degree in a relevant field with at least 8 years of dynamic experience in procurement. + Shown success in leading teams and processes across diverse categories. + Strong relationship-building skills to influence stakeholders and get results. + Expertise in demonstrating technology and system configurations to optimize procurement processes. + Ability to work with integrity and transparency in a multifaceted, ambiguous environment. + Experience in handling associate-level professionals, including performance reviews and career development. + Proficiency with procurement tools, ERP systems (e.g., Oracle, Zycus), and eRFx platforms. + Strong skills in standard business applications (Word, Excel, PowerPoint). + Completion of all required training and certifications per SOPs. + Familiarity with the requisition-to-invoice process, including audit requests, compliance reviews, and process improvements. + Commitment to continuous improvement by giving ideas annually. + Strong communication and partner education skills regarding sourcing processes. Connect with us, so we can learn more about you, and you can learn more about our medicines. And join us in crafting 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.
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