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.

Qualifications:

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.

Preferred:

Form GE-001-F v01.1 Confidential Page 3 of 3 JD Template Precision for Medicine

• 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. Competencies

• Possesses strong organizational/written communication skills and the ability to multi-ask and prioritize in a fast-paced environment.

• Ability to effectively work with cross functional teams in a fast-paced global environment with operations in multiple countries with varying cultural dynamics.

• Creative and flexible problem solving and critical thinking abilities.

• Executes time-sensitive matters while maintaining accuracy and attention to detail.

• Exhibits high self-motivation and can work and plan independently as well as in a team environment.

• Demonstrates a high degree of professionalism.

• Displays sound business judgment and a proactive, independent work style.

• Develops, maintains, and strengthens relationships with others inside or outside of the organization who can provide information, assistance, and support.

• Ability to work with diverse environments, both globally and culturally.

Precision is required by law in some states or cities to include a reasonable estimate of the compensation range for this role. This compensation range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to: skill sets, experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Precision, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. This role is also eligible for a discretionary annual bonus, health insurance, retirement savings benefits, life insurance and disability benefits, parental leave, and paid time off for sick leave and vacation, among other benefits.
Reasonable estimate of the current range
$113,000-$152,800 USD

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