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Manager of Sourcing and Procurement
1 month ago
The Manager of Sourcing & Procurement is accountable for activities related to contract management, vendor selection, and vendor management of service providers for Clinical Operations and CMC vendors. Emphasis is placed on contract processing including Work Orders, Change Orders, CDAs, consulting agreements, financial review of budgets and negotiations as required, and review and coordination of site contract budgets. This role will coordinate with and support various internal and external stakeholders such as vendors, Legal, Finance, CMC and Clinical Operations team members. The individual will participate in the development of processes, procedures, and guidelines to meet both short- and long-term goals for Sourcing and Procurement as well as cost savings initiatives.
Essential Functions:
Effectively coordinate all activities associated with the development, negotiation, and execution of contracts, change orders, CDAs, and consulting agreements for services required by internal stakeholders (Clinical Operations, Medical, Medical Writing, Clinical Supplies, Clinical Development, Data Management and Statistics, CMC, Finance, Legal, Regulatory Affairs, etc.) Review contract budgets and payment terms to ensure accuracy and minimize financial risk, coordinate review of Change Order budgets with vendors and relevant internal functional service stakeholders, negotiate cost savings where applicable Participate in new vendor assessment and selection processMaintain vendor relationships, assess vendor performance to ensure compliance against contracted services, and escalate issues as appropriateMaintain internal contract tracking, financial approval, and contract management systemsPartner with Finance and Clinical Operations to resolve invoice disputes and ensure service provider invoices are paid on-time Participate in the development/revision of relevant Quality Documents (SOPs, Templates) and processes RequirementsEducation and Experience:
Minimum of 6 years of experience in clinical research & development environment or comparable applicable experience with 3 years of experience in contract management; understanding of clinical research terminology, best business practices, processes, timeline and key budget drivers in addition to experience in other areas of the pharmaceutical business (i.e. Commercial, Quality Assurance, Medical Writing)Contract management and negotiation experience required (budget and business terms and conditions)Previous experience working with CROs, and other key service providers is preferredKnowledge and Competencies:
Identifies, develops, and deploys best practices in vendor selection, cost containment, and category management practicesLeverages prior experience with external benchmarking, industry best practices, and technology for continuous improvement.Ability to understand, analyze and develop recommendations from multiple complex sources such as financial and operational perspectivesAbility to build strong relationships with external parties, such as key opinion leaders and clinical investigators.Excellent organizational and problem-solving skills with the capacity to organize assignments and work within deadlinesExperience in providing consistent customer serviceExpertise in the end-to-end sourcing and contracting process, including RFx, contract negotiation and managementFinancial acumen to review, analyze and understand cost drivers of complex budgetsPhysical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel. The employee is occasionally required to stand, walk, and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus in order to read.
Work Environment
The work environment characteristics are representative of those an employee encounters while performing the essential functions of this job, typically in an open office environment. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
May be required to travel by plane or car
This position requires working with biological and/or chemical hazards
All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, age, marital status, pregnancy, genetic information, or other legally protected status. Salary Description $108k-$139k, 12% bonus, 10% 401k, Options & RSU
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