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[Contingent] Procurement Business Partner - R&D
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Ref No.: |
24-162253 |
Location: |
Cambridge, Massachusetts
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Start Date / End Date: | 10/06/2024 to 01/06/2025 |
Job Title: Procurement Business Partner - R&D
Job Location: Cambridge, MA
Job Duration: 03 Months
The Role:
- The Procurement Business Partner for Research will lead category management, sourcing, supplier management, and stakeholder engagement for ***'s external spend across Research.
- Reporting to our Head of R&D Procurement, this role is part of a global, collaborative Procurement team that is focused on transforming how *** strategically assesses and engages in key investments across the organization.
Here's What You'll Do:
The Procurement Business Partner for Research will be responsible for managing an annual spend of over ***M including, but not limited to Toxicology, Genomics, and DMPK services, as well as Laboratory Consumables. The role will be responsible for delivering the optimum balance of value delivery (cost, performance, quality, risk) from ***'s supply base in these categories. This includes leading and implementing the following key activities:
- Stakeholder Engagement: Build and cultivate strategic stakeholder relationships to find the optimum balance between meeting company needs and delivering total value, removing viscosity to enhance collaboration and efficiency.
- Category Strategy: Develop initial category plans and update annually with stakeholders including detailed analysis of past and future spending, existing relationships, and external trends. Develop and manage multi-year category roadmaps and pipelines of sourcing initiative projects, applying a pivot fearlessly mindset to adapt to market changes and technological advancements.
- Strategic Sourcing: Implement strategic sourcing initiatives utilizing a standard framework and departmental tools. This includes partnering with stakeholders to build sourcing strategies and understand requirements, as well as obsessing over learning to continuously improve sourcing effectiveness. Implement RFx activities utilizing advanced tools and techniques and prepare and implement advanced negotiation strategies. Partner with stakeholders and legal to negotiate and finalize agreements, ensuring a push past possible approach to overcome challenges and secure the best terms.
- Supplier Management: Leverage a standard framework to classify suppliers and implement Supplier Relationship Management (SRM) programs, fostering strong, mutually beneficial relationships and behaving like owners to ensure suppliers meet ***'s high standards.
- Risk Management: Evaluate and monitor the risk profile of the supply base, identify mitigation targets and implement risk improvement initiatives, showcasing act with urgency to preemptively address potential disruptions.
- Savings Delivery: Develop a portfolio of sourcing initiatives and deliver cost reductions against challenging current and multi-year saving targets, demonstrating act with dynamic range to balance strategic foresight with practical financial management.
- This role aligns with a proactive, strategic, and innovative approach, ideally suited for a procurement professional who thrives in a dynamic, fast-paced environment and is eager to drive significant impact within a transformative company.
Here's What You'll Bring to the Table:
Basic Qualifications:
- 6+ years of progressive category management/strategic sourcing experience in the biopharmaceutical industry in an R&D setting.
- Bachelor's degree required. BA/BS in a technical discipline desired.
Preferred Qualifications:
- Proficient-level skills in the following key competencies/skills: communications, project management, relationship management, influencing, negotiation, financial acumen, analytical, presentation, aptitude for technology, results-focus, professionalism, and success in a matrixed environment.
- Category experience with research services strongly preferred.
- A proven track record of savings delivery and ability to manage complexity and change.
- Ability to work in a highly metric-driven environment and deliver against challenging performance targets.
- A deep desire to be a key part of building a world-class Procurement function.
- Ability to lead through influence, recommend sourcing strategies, and deliver business results.
- Strong collaboration and communications skills required to address and resolve issues in a matrixed environment.
- Master's degree (MBA, MS) preferred.
- Professional procurement certification (CPSM, MCIPS, Etc.) desired.
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