PROFESSIONAL EXPERIENCE:
Schering-Plough Corporation, Kenilworth, NJ
2006 - 2009
Sr Strategic Sourcing Manager
● Co-leader for the Clinical Supplies and Comparator Drug synergy savings teams driving savings of over $5M.
● Lead a team of 4 procurement professionals.
● Executed various complex category strategies to incur over $15M in savings for logistic services, formulation, contract manufacturing, laboratory testing initiatives.
● Global Strategic Sourcing Operational team member to streamline policies and procedure, resolve procurement issues across business units and develop annual performance goals and objectives.
● Prepare and execute master agreements
2004- 2006
Strategic Sourcing Manager
● Lead negotiator for a full development contract with an Alliance Partner and 3rd party manufacturer generating over $20M in savings.
● Key cross-functional team member to streamline the clinical packaging, labeling and distribution outsourcing process and achieved 95% on-time delivery.
● Negotiated and executed master laboratory and service agreements including volume rebates and discounts.
● Conducted 7 Step Sourcing Methodology training to the designated purchasing units.
2002 – 2004
Sr Financial Analyst
Lead strategist and negotiator within the Value Enhancement Initiative (VEI) CRO pooling team and facilitated the execution of the 1st volume pricing agreement across functional areas (Preclinical, Development and Clinical)
Prepare annual R&D budgets and monthly forecasting
AWARDS
2001 Schering – Plough Excellence Award
2005 - 2009 12 Shining Performance Awards
2007 Pharmaceutical Sciences Excellence Award
2010 & 2011 Merck Award of Excellence
Goals: C.P.S.M certification
Director of Procurement @ Develop and execute innovative procurement strategies for IT services (hardware/software) clinical supplies, R&D systems (IXRS, EDC, CTMS), laboratory services (biomarker and clinical bioanalysis) to support key business objectives.
Support evolution of procurement function from tactical to strategic.
Execute global value enhancement projects to drive significant cost savings.
Manage complex vendor relationships and establish performance targets to ensure high standards of service and quality, risk mangement and continuous improvement.
Chair - DSPD Women's Forum (2014) From November 2012 to Present (3 years 2 months) Director of Procurement Consultant @ Develop and execute strategic sourcing strategies supporting Pharma Development
Implement procurement best practices for over $ 100M in both direct and indirect third-party spend. From January 2012 to November 2012 (11 months) Director Research Procurement @ ● Direct global sourcing initiatives to deliver a 20% cost reduction and over $10M in savings utilizing the Sourcing Management Process (SMP).
● Manage 5 procurement professionals.
● Category leader to deliver ongoing cost reduction for approximately $200M in annual R&D spend including Clinical Packaging, Formulation, Contract Manufacturing (Biologics and Solid Oral Dosage), Analytical Testing, Comparator Drugs, Viral Clearance, Safety & Environmental testing and Cell Banking.
● Develop supplier key performance indicators (KPIs), financial solvency assessments and risk management plans.
● Expand spend and relationships with diverse suppliers. From January 2010 to January 2012 (2 years 1 month) Sr Strategic Sourcing Manager @ ● Co-leader for the Clinical Supplies and Comparator Drug synergy savings teams driving savings of over $5M.
● Lead a team of 4 procurement professionals.
● Executed various complex category strategies to incur over $15M in savings for logistic services, formulation, contract manufacturing, laboratory testing initiatives.
● Global Strategic Sourcing Operational team member to streamline policies and procedure, resolve procurement issues across business units and develop annual performance goals and objectives.
● Prepare, negotiate and execute master service agreements. From 2006 to 2009 (3 years) Sr Financial Analyst/Purchasing @ Lead strategist and negotiator within the Value Enhancement Initiative (VEI) CRO pooling team and facilitated the execution of the 1st volume pricing agreement across functional areas (Preclinical, Development and Clinical)
Develop supplier financial risk assessments
Negotiate contracts and develop sourcing strategies for Drug Metabolism supporting $ 20.0M annual spend
Review P&L, cash flow and income statements from Contract Research Organizations (CROS)
Prepare annual R&D budgets, monthly reporting and forecasting, financial analysis (key variance analysis)
Key working team member – Grants Management System (GMS) From 2002 to 2004 (2 years)
BA, Business @ Upsala College Joanne C.P.M. is skilled in: Pharmaceutical Industry, Ariba, Cross-functional Team Leadership, Strategic Sourcing, Contract Negotiation, CRO, Supplier Relationship Management, Global Sourcing, Procurement, Supply Management, Clinical Development, GMP, Negotiation, Vendor Management, Sourcing