(Sr.) Procurement Manager

Reposted 7 Days Ago
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Pennington, NJ, USA
In-Office
10-10 Annually
Senior level
Biotech
The Role
The Senior Procurement Manager designs cost control strategies, manages vendor relationships, negotiates contracts, and oversees procurement efficiency, ensuring alignment with organizational goals.
Summary Generated by Built In
About GenScriptGenScript Biotech Corporation (Stock Code: 1548.HK) is a global biotechnology group. Founded in 2002, GenScript has an established global presence across North America, Europe, the Greater China, and Asia Pacific. GenScript's businesses encompass four major categories based on its leading gene synthesis technology, including operation as a Life Science CRO, enzyme and synthetic biology products, biologics development and manufacturing, and cell therapy.GenScript is committed to striving towards its vision of being the most reliable biotech company in the world to make humans and nature healthier through biotechnology.

About Probio

ProBio, a subsidiary of GenScript, is a global CDMO offering end-to-end services from discovery to GMP for plasmids, antibodies, and cell & gene therapies. We bring together multidisciplinary expertise to accelerate development and manufacturing through customized, and comprehensive services. ProBio has established companies in the United States, the Netherlands, South Korea, and China (Hong Kong, Shanghai, and Nanjing) and other regions to serve global customers, and has helped customers in the United States, Europe, Asia Pacific and other regions obtain more than 150 IND approvals since October 2017.

Job Scope:

A leading biologics and CGT CDMO company in rapid expansion seeks a Senior Procurement Manager. The role focuses on designing strategies for optimal cost control, enhancing vendor management, achieving significant cost savings, and improving procurement sourcing and efficiency. Responsibilities include delivering insights to the executive team, standardizing business methodologies, evaluating procurement processes, and identifying improvement areas.

Responsibilities:

  1. Take full responsibility for the end-to-end procurement management of different categories, include but not limit to material, services, equipment, engineering and etc.
  2. Align the Purchasing team's goals with organizational objectives, address complex issues by focusing on the needs of internal and external stakeholders to enhance sourcing and procurement processes, in line with global initiatives.
  3. Develop, evaluate and maintain qualified supplier resources, and establish long-term partnerships with key suppliers, conduct regular supplier audit and performance evaluations.
  4. Negotiate and manage purchasing contracts to improve key terms including price, payment terms, delivery lead time, quality standards and after-sales service, ensure quality and mitigate risks.
  5. Coordinate and resolve the issues during the procurement process, including delivery delays, unqualified quality, return and replacement of the goods, to ensure the continuity of the company’s production.
  6. Responsible for implementation of purchasing control policy, development of working instructions and guidelines for users on how to deploy it, continuously drive process improvement.
  7. Responsible for team building, staff training, develop KPIs and performance evaluations.
  8. Manage the daily work of procurement team, formulate teamwork plans and objectives, guide subordinates in supplier development, price inquiry and comparison, contract signing and other work, and improve the overall professional procurement capabilities of the team.
  9. Strictly comply with relevant pharmaceutical regulations (cGMP, FDA) and the company’s internal procurement system to ensure the compliance of procurement processes and prevent procurement risk.

Qualifications:

  1. Bachelor's degree or above in Business, Supply Chain Management, Engineering, or related field.
  2. At least 10 years of procurement experience in biotech/pharmaceutical/CDMO, with expertise in cGMP procurement and regulatory compliance ((FDA/EMA, ICH Q7). 
  3. Proven ability to negotiate with vendors for favorable terms and cost reductions.
  4. Proficiency in supply chain planning, forecasting demand, and managing inventory lead time to meet business needs.
  5. Data-driven decision maker with exceptional leadership and communication skills, capable of setting clear visions and strategies.
  6. Experience in leading multi-cultural teams, valuing diversity, and navigating global business dynamics.
  7. Excellent technical skills, proficient in Excel, Word, PowerPoint, Project and SAP/S2P(Ariba or GEP) systems.
  8. Expertise in strategic sourcing, evaluating and qualifying suppliers to optimize cost, quality, and supply reliability is preferred
  9. CPSM (Certified Professional in Supply Management) or Six Sigma Green Belt is preferred

The salary range for the role is 120k - 160k depending on experience and skill set

 

#PB

#LW

GenScript USA Inc/ProBio Inc. is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is the Company's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

GenScript USA Inc./ProBio Inc. maintains a drug-free workplace.

 

Please note: Genscript USA Inc./ProBio Inc. will only contact candidates through verified application sources. GenScript/Probio does not request personal information from candidates through individual email or any other platform. 

Skills Required

  • Bachelor's degree in Business, Supply Chain Management, Engineering, or related field
  • At least 10 years of procurement experience, preferably in biotech or pharmaceuticals
  • Proven negotiation skills with vendors
  • Expertise in strategic sourcing and supplier evaluation
  • Proficiency in supply chain planning and inventory management
  • Exceptional leadership and communication skills
  • Technical skills in Excel, Word, PowerPoint, and S2P/SAP systems
  • Experience with contract development and execution
  • GMP Biopharma manufacturing purchasing experience desirable

GenScript Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about GenScript and has not been reviewed or approved by GenScript.

  • Healthcare Strength Feedback suggests medical coverage is solid, with mentions of comprehensive health plans and employer HSA support in some options. Company communications also emphasize robust health benefits alongside wellbeing and training initiatives.
  • Leave & Time Off Breadth Feedback suggests a range of paid time off types, including vacation, sick time, company holidays, and additional leave categories. Some roles reference flexible vacation arrangements that broaden usable time off.
  • Retirement Support Feedback suggests retirement offerings include a 401(k) with company match in certain postings. This provides a longer-term savings component within total rewards.

GenScript Insights

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The Company
HQ: Piscataway, NJ
883 Employees
Year Founded: 2002

What We Do

Founded in 2002 and listed on the Hong Kong Stock Exchange in 2015, GenScript has an established global presence across Greater China, North America, the EU, and Asia Pacific. Today, over 300,000 customers from over 160 countries and regions worldwide have used GenScript’s premier, convenient, and reliable products and services. GenScript currently has over 5,000 employees globally, 33% holding master’s and/or Ph.D. degrees. In addition, GenScript has a number of leading commercial technologies developed in the fields of synthetic biology, immunotherapy, antibody design, chemical synthesis, and bioinformatics, including more than 100 patents and over 270 patent applications. As of June 2022, GenScript's products and services have been cited by 74,700 scientific papers worldwide. GenScript is committed to striving toward its vision of being the most reliable biotech company in the world to make humans and nature healthier through biotechnology.

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