Senior Manager, Procurement & Vendor Management

Summit Therapeutics•Princeton, NJ

1d•$148,000 - $174,000

About The Position

The Senior Manager, Procurement & Vendor Management will play a key role in develop sourcing strategies and supplier oversight to ensure high-quality management of the clinical studies conducted by Summit and will report into the Senior Director of Procurement and Vendor Management. The successful incumbent will be responsible for strategic outsourcing, contracts negotiation, budget management, and vendor governance activities across a wide range of external providers in R&D. Moving forward, this role could expand to take on other additional responsibilities in Procurement.

Requirements

Minimum BA/BS degree or relevant graduate degree preferred
Minimum of 10+ years of experience in a Procurement/Vendor Management environment in a pharmaceutical, CRO/ biotech company or worked in a clinical R&D operations setting with a CRO/Sponsor company
Good understanding of the drug development R&D process is important
Knowledge of outsourcing for clinical trial-related services for large global studies to CROs, central labs, Imaging, drug supply, CMC vendors, and ancillary suppliers. Oncology experience preferred
Demonstrated ability to multi-task, prioritize, and independently solve problems in a rapidly changing environment
Proficient user of standard MS Office suite (e.g., Word, Excel), experience using electronic document management systems, and document review tools desirable
Strong computer and database skills
Attention to detail, accuracy and confidentiality
Clear and concise oral and written communication skills
Excellent organizational skills
Critical thinking, problem solving, ability to work independently
Must be able to effectively multi-task and manage time-sensitive and highly confidential documents
Communicate effectively and articulate complex ideas in an easily understandable way
Prioritize conflicting demands
Work in a fast-paced, demanding and collaborative environment

Responsibilities

Implement R&D category sourcing plans (Clinical Operations, Medical Affairs and others as needed) with a focus on quality, value and cost savings
Provide input and feedback to strategic procurement processes and best practices
Manage the outsourcing/RFX process, vendor selection & qualification, and MSA review
Negotiate contracts, rate cards and pricing terms; manage CRO/clinical budgets seeking cost efficiencies
Collaborate effectively with business stakeholders in Clinical, R&D, Legal, and Finance, as needed to review, amend, negotiate and complete the contracts
Build strong relationship with suppliers and facilitate vendor governance process by instituting quarterly business review meetings with key suppliers as appropriate, based on vendor segmentation
Monitor vendor performance by reviewing score cards, quality incidents, KPIs, SLAs, and risks/issues
Help maintain contract trackers for various projects and enter contract requests into the Summit legal portal
Assist and work with senior management on continuous improvement of procurement processes, and special projects
Support drug supply and CMC projects as needed
All other duties as assigned