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Associate Director, Strategic Sourcing

  • Cambridge, MA
  • Added
Asset 1

Position Overview:

We are searching for a dynamic Associate Director to join the procurement team. The primary focus of this role will be to establish a Category Management and Strategic Sourcing program for clinical services, actively support the development of a global network of preferred suppliers, and negotiate contractual agreements. This individual will make recommendations to leadership from a stakeholder standpoint, and will leverage experience to improve areas of company-wide procurement, including quality, speed, cost, risk, and ease of use for the business. The Associate director will be a key member in transforming the strategic sourcing function at Beam, and will report directly to the global head of procurement.

The ideal candidate will have a demonstrated track record of working in a dynamic environment, and possess the ability to successfully interface with multidisciplinary teams and build strong cross-functional relationships.

Responsibilities :

  • Develop and implement Category Management strategies for Clinical Research, Clinical Support Services, Bioanalytical Development, Regulatory and Compliance.
  • Build strong relationships with key suppliers. Leverage segmenting suppliers, and implement a structured supplier relationship management program.
  • Support stakeholders by identifying risks as part of the Strategic Sourcing process. Coordinate and develop risk mitigation plans that support business growth.
  • Sustain annual cost savings targets, while collaborating with stakeholders and finance department.
  • Successfully manage RFx source to settle lifecycle.  Identify stakeholder requirements, draft RFx documents, facilitate meetings, vendor sessions, and quartley business reviews with key partners.
  • Negotiate supply agreement contracts and pricing terms. Partner with legal to support Beam’s internal controls.
  • Leverage market research to obtain benchmarking data. Support category management and use data to drive initiatives for the team.
  • Develop an annual category business plan to assess category, set goals and objectives, analyze spend, and review plan with key stakeholders for alignment.
  • Partner with quality department to ensure that all activities and documentation comply with regulatory requirements.
  • Strong focus on cost savings activities, including cost reduction, cost avoidance, and finding value-beyond savings for business owners.
  • Ensure accurate reporting of Procurement key performance measures (operational metrics, savings, etc.).
  • Work collaboratively with the purchasing team and leadership to develop and maintain department policies and procedures.
  • Partner with senior stakeholders to build relationships that facilitate realization of business value and savings.
  • Participate in ad-hoc category projects and process improvements as needed.

Qualifications :

  • 7-10 years' experience in a Procurement, Strategic Sourcing or Category Management.
  • Skilled in category management and (experience supporting clinical category preferred).
  • Strong experience with negotiation of contract agreements, process and cost improvements.
  • Strong process-mapping and process-improvement skills with close attention to detail.
  • Ability to define, drive, and translate technical specifications from business functional requirements.
  • High degree of customer focus (internal/external) and demonstrated collaboration in a team environment.
  • Strong project management skills, including the ability to prioritize, balance, and manage multiple efforts with strong results.
  • Outstanding written and verbal communication skills, with the ability to convey strategies and results to a diverse audience.
  • Bachelor’s degree in Finance, Accounting, Economics, Business or a related field; Master’s degree preferred.
  • Biotech industry experience strongly preferred.
  • Strong Microsoft Office suite skills.


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