Procurement Analyst

🕒 May 6

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Precision For Medicine

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

🧬 Biotechnology

⚕️ Healthcare Insurance

💊 Pharmaceuticals

💰 $75M Private Equity Round on 2015-12

Biotechnology • Healthcare Insurance • Pharmaceuticals

Precision For Medicine is a leading organization that specializes in supporting the development and commercialization of innovative therapies, particularly in oncology, rare diseases, and autoimmune conditions. With a comprehensive range of services including clinical trial management, lab services, and biospecimen collection, they integrate advanced biomarker capabilities and manufacturing solutions to streamline the complex clinical development processes. Their mission is to accelerate research and bring life-changing medical solutions to patients by overcoming traditional inefficiencies typically found in the pharmaceutical development landscape.

📋 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.

🏖️ Benefits

• 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.