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Procurement Specialist in the Pharmaceutical Sector

2 months 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 healthcare industry. With a legacy of excellence, we strive to enhance the quality of life for individuals globally. Our operations encompass various pharmaceutical manufacturing facilities that contribute to the supply chain of injectable and oral treatments.

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 individual company match option
  • 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 assistance programs
  • Life and disability insurance coverage
  • Employee referral bonuses
At BioSpace, Inc., you will discover numerous opportunities, resources, and mentorship to advance your career.

Position Summary

The role involves overseeing the selection process for contractors and vendors. You will ensure the procurement of high-quality goods and services at optimal prices by negotiating and managing contracts and relationships with chosen suppliers. Additionally, you will spearhead continuous improvement initiatives to enhance sourcing practices.

Key Responsibilities
  • Guarantee contract coverage for essential services and products
  • Oversee the commercial aspects of contracts, ensuring alignment with legal, investment, engineering, and sourcing teams
  • Negotiate supplier agreements and monitor compliance
  • Ensure proper storage of contracts within the designated systems
  • Benchmark operational costs against industry standards during the RFQ process
  • Manage and evaluate supplier performance and adherence to established agreements
  • Identify and pursue cost-saving opportunities without compromising quality and service
  • Support investment projects by analyzing procurement alternatives
  • Promote supplier diversity by including diverse suppliers in sourcing initiatives
  • Assist with administrative tasks as required
  • Coordinate sourcing activities with relevant functions for assigned commodities
  • Explore new tools and methodologies to optimize global processes and supplier relationships
  • Develop and maintain relationships with internal and external stakeholders
  • Update and enhance departmental procedures in accordance with cGMP standards
  • Adhere to all safety and environmental regulations in performing duties
  • Execute additional responsibilities as assigned
Physical Requirements

Ability to work in an open office environment with potential distractions. Willingness to travel up to 10% of the time, subject to change based on role 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 industry or other regulated sectors is preferred
  • Knowledge of strategic procurement practices and their application in acquiring 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 solid understanding of quality, time, and stakeholder management
  • Able to formulate and manage action plans to meet objectives
BioSpace, Inc. is committed to an inclusive recruitment process and equal opportunity for all applicants. We recognize the importance of diverse perspectives and backgrounds in fostering an inclusive culture that benefits our employees and the communities we serve.