Position Summary:
The Procurement Manager is responsible for managing an efficient and effective procurement operation for acquiring materials, supplies, equipment, and services in connection with the delivery of services supporting clinical trials. The Procurement Manager is responsible for organizing and supervising procurement activities that include but are not limited to: (i) managing and tracking the request for proposal (RFP) lifecycle; (ii) negotiating preferential pricing; (iii) establishing and tracking towards savings targets; and (iv) performing other commercial and transactional activities.
Essential functions of the job include but are not limited to:
- 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.
Minimum Required:
- 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.
Other Required:
- 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.
Skills:
- Strong negotiation and interpersonal skills.
- Excellent analytical, decision-making, and management skills.
- Capability to work under pressure and adapt to dynamic environments.
- Attention to detail and a commitment to achieving operational efficiency.
Any data provided as a part of this application will be stored in accordance with our Privacy Policy. For CA applicants, please also refer to our CA Privacy Notice.
Precision Medicine Group is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law.
If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact Precision Medicine Group at [email protected].
Recruitment Fraud Warning: Please be aware that fraudulent individuals and websites may impersonate Precision Medicine Group or its affiliates and attempt to obtain personal, financial, or banking information through fake job postings or employment offers. Precision Medicine Group will never request payment, banking details, or other sensitive financial information as part of the recruitment process. If you believe you have been targeted by a recruitment scam, we encourage you to report the incident to your local law enforcement authorities, consumer protection agency, or relevant cybercrime reporting organization in your country. Please also notify us at [email protected] so we can investigate and take appropriate action.
Skills Required
- Bachelor's degree in business administration, accounting, economics, or related field
- 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
Precision Medicine Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Precision Medicine Group and has not been reviewed or approved by Precision Medicine Group.
-
Healthcare Strength — Health coverage includes medical, dental, and vision with HSA/FSA options, plus disability and life insurance, forming a comprehensive core package. The lineup is presented as robust across wellbeing, time off, and financial security categories.
-
Leave & Time Off Breadth — Time off includes generous PTO and paid holidays, along with paid parental leave and adoption assistance. These offerings are positioned as part of a well-rounded benefits suite in the U.S. with similar cores noted in Canada.
-
Retirement Support — Retirement programs include a 401(k) with employer match in the U.S. and a group retirement plan in Canada. These elements help establish a competitive total rewards foundation.
Precision Medicine Group Insights
What We Do
We founded Precision Medicine Group in 2012 because we believed there was a transformational opportunity to improve the process of bringing new drugs to market. It involves utilizing technology, data, and human expertise. It is a big challenge that requires diverse talents. Our model involves both nurturing and investing organically and acquiring capabilities that we do not have but critically need. Our core executive team is anchored to this model, building life science services that address fundamental changes in healthcare that are necessary for health and outcomes improvement.
