Procurement Analyst

🕒 May 6

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Precision Medicine Group

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 2012

🧬 Biotechnology

⚕️ Healthcare Insurance

💊 Pharmaceuticals

💰 $35.2M Venture Round on 2021-03

Biotechnology • Healthcare Insurance • Pharmaceuticals

Precision Medicine Group is a global team of experts that specializes in precision medicine, which combines advanced lab sciences, translational informatics, regulatory affairs, payer insights, and marketing communications. The company focuses on overcoming product development and commercialization challenges for pharmaceutical and life sciences clients. Their services include biomarker-driven research and development, as well as commercialization support for life science organizations from launch to product maturity. Precision Medicine Group operates through two main arms: Precision for Medicine and Precision AQ, specializing in clinical and commercial solutions respectively.

📋 Description

• Developing and implementing procurement strategies that align with the company’s objectives. • Managing the solicitation process, including reviewing/comparing specifications and costs and where appropriate supporting negotiation with vendors to reduce costs. • Negotiating terms and conditions with suppliers to ensure the best possible prices and agreements. • Developing tools and processes to support efficient and quality driven procurement activities. • Maintaining an up-to-date knowledge of the industry’s market trends and developments. • Leading transformational activities to build organizational procurement capabilities and improve procurement efficiency. • Delivering value and competitive advantage measured by cost reduction and cost avoidance, vendor-enabled innovation, and risk mitigation. • Ensuring compliance in purchasing process, especially in vendor selection and bidding.

🎯 Requirements

• Bachelor’s degree in business administration, accounting, economics, or related field required or International equivalent education. • Minimum of five years of work experience in life science procurement and outsourcing. • Excellent communication and negotiation skills • Proficiency in Microsoft Office Applications (Excel, Word, etc.). • Knowledge of purchasing policies processes, and procedures. • Knowledge and ability to negotiate best vendor terms and pricing. • Experience with clinical trial procurement and contract research organization operations. • Procurement and Supply Chain Certifications • Experience managing and developing staff.

🏖️ Benefits

• Health insurance • Retirement plans • Paid time off • Flexible work arrangements • Professional development