Director, Sourcing & Procurement

🕒 October 14

🇺🇸 United States – Remote

💵 $190k - $237k / year

⏰ Full Time

🔴 Lead

🛒 Procurement

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Summit Therapeutics, Inc.

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 2003

🏥 Healthcare

🧬 Biotechnology

💊 Pharmaceuticals

Healthcare • Biotechnology • Pharmaceuticals

Summit Therapeutics, Inc. is a biopharmaceutical oncology company focused on the discovery, development, and commercialization of innovative medicinal therapies aimed at improving quality of life for oncology patients. The company is particularly committed to addressing serious unmet medical needs through its lead investigational therapy, ivonescimab, a novel bispecific antibody designed to target both PD-1 and VEGF. Summit’s initiatives include ongoing Phase III clinical trials to evaluate ivonescimab's effectiveness in treating non-small cell lung cancer, highlighting their dedication to patient-centered care and technological advancement in the field of oncology.

📋 Description

• Serve as a lead procurement business partner to Clinical Operations throughout study planning, startup, execution, and closeout • Develop and execute category and supplier strategies across Clinical Operations, Clinical Trial Supplies, and related R&D categories • Lead end-to-end competitive sourcing activities across CROs, central laboratories, imaging, eCOA and eClinical technology, IRT/RTSM, patient recruitment and retention, investigator payments, specialty clinical services, logistics, and clinical trial supply vendors • Translate study requirements, timelines, enrollment assumptions, and supply needs into sourcing plans and vendor solutions • Provide commercial insights, market intelligence, benchmarking, bid analysis, and supplier recommendations for study feasibility, budgeting, vendor selection, and executive decision-making • Lead negotiation and review of MSAs, SOWs, work orders, rate cards, pricing models, service levels, and other commercial terms • Review study budgets, change orders, scope modifications, forecasts, and supplier invoices to improve cost transparency and identify savings or cost-avoidance opportunities • Establish and facilitate vendor governance, including business reviews, performance scorecards, KPIs, SLAs, issue escalation, risk mitigation, and continuous improvement plans • Identify and help resolve supplier risks affecting study execution, supply continuity, logistics, quality events, timelines, and contract compliance • Contribute to procurement transformation initiatives, including process standardization, sourcing tools, spend analytics, supplier rationalization, AI, and automation projects • Report to the Head of Procurement • Collaborate with Clinical Operations, R&D, Clinical Supply Chain, Finance, Legal, and other cross-functional stakeholders

🎯 Requirements

• Minimum BA/BS degree or relevant graduate degree preferred • Minimum of 10+ years of experience in a Procurement/Vendor Management or Finance 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 • In-depth understanding of clinical trial-related execution of large global studies, including CROs, central labs, imaging, drug supply, CMC vendors, and ancillary suppliers; oncology experience preferred • Strong knowledge of GCP, ICH, and regulatory expectations governing outsourced clinical activities • Demonstrated ability to multi-task, prioritize, and independently solve problems in a rapidly changing environment • Proficient user of standard MS Office suite, including Word and Excel • Experience using electronic document management systems such as Veeva Vault desirable • Strong computer and database skills • Experience with procurement or contract management systems such as Ariba or Coupa • Attention to detail, accuracy and confidentiality with clear and concise oral and written communication skills • Excellent organizational skills • Critical thinking and problem solving • Ability to work independently • Demonstrated ability to collaborate cross-functionally, manage competing priorities, and operate in a fast-paced, high-growth organization

🏖️ Benefits

• Potential bonus • Stock • Benefits and/or other applicable variable compensation

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