Accounting/Finance


Procurement Director  Wilmington, DE  
Job Description

Job ID#:

1773

Job Category:

Accounting/Finance

Position Type:

Full-time/Perm


 
A premier Pharma/BioTech client of ours based in the Northern Wilmington, DE market is targeting to hire a Procurement Director to lead and manage the company's procurement activities for their Clinical Trials LOB.  The incumbent will handle the development and implementation of strategic sourcing for Clinical spend, developing a broad service strategy to ensure effective supplier selection and management, risk mitigation, cost effective sourcing, contract negotiations and compliance to corporate policies.  In addition, this role will entail close interaction with multiple internal and external partners to facilitate and optimize the operational procurement process with a keen focus on customer service for the entire organization.
  • Collaborate, develop and maintain critical relationships with various cross-functional R&D Teams to provide Strategic Sourcing expertise for CRO’s, labs, data management, Lab supplies, R&D Informatics etc.
  • Assess spend and proactive development of actions to identify cost reductions, improve supplier performance and business segment compliance with/use of preferred suppliers as it relates to clinical trials.
  • Actively participate in contract and pricing negotiation for all R&D spend. Negotiates pricing discounts and contracts on operational spend and strategic initiatives
  • Work closely with FP&A to support annual and lifetime financial budgets and forecasts
  • Proactively engage business leaders and develop a professional rapport to drive improved collaboration and cooperation with the procurement function
  • Drive customer satisfaction through proactive, efficient procurement operations and strong internal collaboration with stakeholders
  • Ensure contracts and procurement policies, procedures and practices are aligned with applicable regulations, business objectives and industry best practices
  • Identification and implementation of appropriate performance metrics; development of monthly performance dashboards highlighting achievements, performance gaps and improvement opportunities.
  • Continually evaluate services offered by existing and prospective vendors
  • Support the supplier/contractor on-boarding process including review of requisite paperwork, experience, legal and organizational structure, financial viability, geographic coverage, insurance requirements and other capabilities

 
Job Requirements

 


  • Bachelors degree required, Masters preferred

  • 10+ years of experience in procurement and sourcing or closely related

  • Knowledge and experience of current purchasing best practice

  • Proven track record of delivering tangible results in a global complex/decentralizing environment

  • Prior experience mentoring, developing, and managing teams

  • Extensive experience in working with cross functional teams and multiple projects simultaneously

  • Experience in Pharmaceutical / Biotech environment required.

  • Certification in Procurement preferred (i.e. CPM, CPP, SPSM, CIPS)




 

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