Commercial Contract Manager

Location: Cary, NC (hybrid position + travel)

Reports to: Global Category Manager

$25M-$100M 3rd party spend

Main Purpose:

Working closely with the regional business stakeholders and global category manager to ensure that suppliers are effectively commercially contract managed during the contract lifecycle.

Key Tasks & Responsibilities:

For the assigned category and designated region – North America

• Responsible for RFQ, contract, performance and risk management of assigned suppliers
• Provide commercial and contract leadership for Contract Mobilization and termination
• Accountable for developing and maintaining high quality performance plans and scorecards for assigned supplier contracts
• Responsible for Service Delivery Management (Including)
  • Create and Monitor SLA or KPI’s within contracts
  • Reviews of contract deliverables
  • Manage performance risks and issues
  • Business Continuity Management
  • Review supplier continuity plan
  • Solvency risks
• Financial Management
  • Monitor budget vs. actual spend
  • Secure rebates/discounts as per contract
  • Manage financial risks and issues
  • Monitor supplier financial health
• Knowledge Management
  • Understand how the contract operates in practice
  • What changes are needed when it is re-sourced

• Agreeing (and performing, as appropriate) pre and post contract award Management (contract admin, SRM) roles and responsibilities with stakeholders.
• Implement and manage a framework to prioritize and ensure the performance management of assigned suppliers (including high value/critical/strategic partners)
• Creates statements of work based upon global frame contracts and in dialog with local stakeholders.
• Support Global Category Manager with RFQ process (Providing relevant commercial contractual frameworks)
• Takes care of supply issues and delays in case of escalation.

Key Working Relations:

• Internal: Product Supply, R&D, Finance, Marketing, Finance, HR, Regional Budget holders, Global Procurement team
• External: Tollers and 3rd Party Suppliers

Qualifications & Competencies:

• Knowledge of the industry is a must have
• 5 years procurement experience in Sourcing of the relevant Directs categories. (i.e., Tolling, Licensing)
• BA/BSc degree required. MBA/MSc preferred
• Fully proficient in English required. Other language skills preferred. (Mandarin for APAC)
• Excellent negotiation and communication, influencing skills.
• Demonstration of ability to lead in times of change with a strategic mindset
• A strong understanding of contract Management (Legal, Operational)
• Proven working knowledge of Commercial Contract Management principles and best practices