Rx Sourcing Specialist
We are seeking a detail-oriented Rx Sourcing Specialist to join our Strategic Sourcing team. In this role, you will play a crucial part in managing sourcing activities, and ensuring the seamless integration of new ingredients & commercial drugs into our supply base. Your exceptional organizational skills and communication abilities will contribute to the overall success of our sourcing operations.
You Will:
- Initiate sourcing activities with our existing supply base, maintaining open communication and capturing vendor responses promptly and accurately.
- Effectively balance R&D requests with quality & compliance requirements and supply chain scorecard results to recommend materials and suppliers that are fit for purpose across all teams.
- Collaborate closely with the Supply Chain team to initiate and facilitate the setup of new items & vendors, ensuring a smooth integration process into our ERP for production orders.
- Effectively initiate RFIs via LightSource for all new compounding ingredients and drugs, with category sourcing direction provided by the Sourcing Manager.
- Take a proactive role in initiating Manufacturing & Supply Agreements (MSAs), Non-Disclosure Agreements (NDAs), and other legal agreements with vendors, working alongside the legal department, Sourcing team, and additional internal departments to ensure all terms are met satisfactorily.
- Participate in and help facilitate weekly sourcing calls with the Research & Development (R&D) team, recording updates, action items, and key decisions to share with relevant stakeholders.
- Collaborate with cross-functional teams to ensure alignment on sourcing strategies, priorities, and objectives.
- Maintain accurate and up-to-date records of sourcing activities, vendor interactions, and agreement statuses in our internal systems.
- Drive individual progress to team KPIs to support savings targets, spend under contract targets, multi-sourcing initiatives, speed & efficiency, process improvements, and more.
- Contribute to the development and implementation of best practices in sourcing and vendor management.
You Have:
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field preferred.
- 3+ experience in procurement, sourcing, vendor management, or related roles.
- Strong understanding of supply chain processes, legal agreements, and procurement best practices.
- Excellent communication skills, both written and verbal, with the ability to interact effectively with internal teams and external vendors.
- Proficient in documentation management and organizational tools/software.
- Detail-oriented mindset with the ability to manage multiple tasks and prioritize effectively.
- Proficiency in Google Drive, Google Sheets, and Google Docs (or Microsoft equivalents Word, Excel, PowerPoint).
- Experience with Ironclad is beneficial, but not required.
- Experience with Lightsource or other RFP/RFQ systems is beneficial, but not required.
- Strong negotiation and problem-solving skills.
- Ability to work independently and collaboratively within a team-oriented environment.
- Adaptable and open to change in a dynamic and fast-paced work environment.
- Previous experience in the pharmaceutical industry or related field is advantageous but not mandatory.
Our Benefits (there are more but here are some highlights):
- Competitive salary & equity compensation for full-time roles
- Unlimited PTO, company holidays, and quarterly mental health days
- Comprehensive health benefits including medical, dental & vision, and parental leave
- Employee Stock Purchase Program (ESPP)
- 401k benefits with employer matching contribution
- Offsite team retreats
We are committed to building a workforce that reflects diverse perspectives and prioritizes ethics, wellness, and a strong sense of belonging. If you're excited about this role, we encourage you to apply—even if you're not sure if your background or experience is a perfect match.
Hims considers all qualified applicants for employment, including applicants with arrest or conviction records, in accordance with the San Francisco Fair Chance Ordinance, the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act, and any similar state or local fair chance laws.
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