Procurement Specialist in the Area of Supply Chain

2 weeks ago

Clayton, North Carolina, United States BioSpace, Inc. Full time
Job Overview

About BioSpace, Inc.

At BioSpace, Inc., we are dedicated to making a significant impact in the life sciences sector. Our commitment to innovation and excellence has positioned us as leaders in the industry, providing opportunities for our employees to engage in transformative careers that enhance the lives of individuals globally.

We operate multiple facilities that play crucial roles in our pharmaceutical supply chains, focusing on the production of cutting-edge treatments. As part of our team, you will collaborate with a network of professionals who are passionate about their work and committed to quality.

What We Offer:
  • Competitive salary and annual performance bonuses for all roles
  • Generous paid time off, including 14 paid holidays
  • Comprehensive health, dental, and vision insurance from day one
  • Guaranteed 8% 401K contribution with an option for individual company matching
  • Family-oriented benefits, including 12 weeks of paid parental leave and 6 weeks of paid family medical leave
  • Access to BioSpace-marketed pharmaceutical products at no cost
  • Tuition reimbursement programs
  • Life and disability insurance coverage
  • Employee referral bonuses
At BioSpace, Inc., you will discover resources, mentorship, and opportunities to advance your career.

Position Summary

Oversee the selection process for contractors and vendors. Ensure the procurement of high-quality goods and services at optimal prices through effective negotiation and management of supplier contracts and relationships. Drive continuous improvement initiatives to enhance sourcing practices.

Key Responsibilities
  • Ensure comprehensive contract coverage for essential services and products
  • Manage the commercial aspects of contracts, ensuring alignment with legal, investment, engineering, and sourcing departments
  • Negotiate supplier agreements and conduct follow-ups on assigned vendor responsibilities
  • Maintain proper storage of contracts within designated systems
  • Benchmark operational costs against industry standards during the RFQ process
  • Monitor supplier performance and ensure compliance with established agreements
  • Identify and pursue cost-saving opportunities while maintaining quality and service standards
  • Support investment projects by evaluating procurement alternatives
  • Promote supplier diversity and inclusion in sourcing initiatives
  • Assist with administrative tasks within the department
  • Coordinate sourcing activities with relevant functions for assigned commodities
  • Explore new tools and methodologies to optimize global processes and supplier relationships
  • Develop and nurture relationships with internal and external stakeholders
  • Maintain and enhance departmental procedures in accordance with cGMP standards
  • Adhere to all safety and environmental regulations while performing duties
  • Carry out additional responsibilities as assigned
Physical Requirements

Ability to work in a collaborative office environment with potential distractions. Willingness to travel up to 10% of the time, subject to role-specific requirements.

Qualifications
  • Bachelor's degree in economics, engineering, business, finance, procurement, accounting, or a related field from an accredited institution
  • A minimum of five years of experience in procurement or project management, particularly in capital investment projects
  • Experience in the pharmaceutical or other regulated industries is preferred
  • Familiarity with strategic procurement practices and their application in purchasing equipment and services
  • Experience in developing procurement tools and templates is advantageous
  • Strong negotiation and contracting skills are essential
  • Excellent verbal and written communication skills
  • Proficient analytical and problem-solving abilities
  • Strong interpersonal skills with a focus on quality, time, and stakeholder management
  • Able to create and manage action plans to meet objectives
BioSpace, Inc. is committed to an inclusive recruitment process and equal opportunity for all applicants. We value diverse perspectives and backgrounds, recognizing that our strength lies in our differences. Together, we are making a difference in the world.

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