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Procurement Business Partner, Research
2 months ago
The Procurement Business Partner for Research will lead category management, sourcing, supplier management, and stakeholder engagement for external spend across Research. Reporting to the Head of R&D Procurement, this role is part of a global, collaborative procurement team focused on transforming how strategic investments are assessed and engaged across the organization.
Job details:
Hourly rate $115.00/hr.
Contract length Initial 3 months with option for extension
Must Have: Procurement experience, R&D or Life Science Experience
Nice to Have: Category Experience, Clinical Outsourcing
3 Contract openings- primarily focus in each area-research, clinical work, and digital
Work site location Cambridge, MA preferred but will consider remote candidates
Key Responsibilities:
- Stakeholder Engagement: Build and maintain strategic relationships with stakeholders, ensuring the balance between organizational needs and total value delivery. Drive collaboration and efficiency.
- Category Strategy: Develop and update annual category plans with stakeholders, analyzing past and future spending, supplier relationships, and market trends. Manage multi-year category roadmaps and sourcing initiative pipelines, adapting to market changes and technological advancements.
- Strategic Sourcing: Lead sourcing initiatives using a standard framework and tools. Collaborate with stakeholders to create sourcing strategies and ensure continuous improvement. Execute RFx processes, advanced negotiation strategies, and finalize agreements in partnership with legal teams.
- Supplier Management: Implement Supplier Relationship Management (SRM) programs to maintain strong supplier relationships, ensuring high performance and meeting organizational standards.
- Risk Management: Monitor the risk profile of suppliers and proactively implement mitigation strategies to prevent disruptions.
- Savings Delivery: Develop and implement a portfolio of sourcing initiatives to achieve cost reductions, meeting both immediate and long-term savings targets.
This role requires a proactive, strategic, and innovative approach, ideal for a procurement professional who excels in dynamic environments and is eager to make a significant impact.
Qualifications:
Basic Qualifications:
- 6+ years of progressive category management/strategic sourcing experience in the biopharmaceutical industry within an R&D setting.
- Bachelor’s degree required; a BA/BS in a technical discipline is desired.
Preferred Qualifications:
- Proficient in key competencies such as communication, project management, relationship management, negotiation, financial acumen, and analytical skills.
- Experience in research services is strongly preferred.
- Proven track record of delivering cost savings and managing complexity and change.
- Ability to work in a metric-driven environment and meet performance targets.
- Passion for contributing to the development of a world-class procurement function.
- Strong collaboration and communication skills for resolving issues in a matrixed environment.
- Master’s degree (MBA, MS) preferred.
- Professional procurement certification (CPSM, MCIPS, etc.) is desired.