Sourcing & Procurement Associate

Job Title: Sourcing & Procurement Associate

Duration: 06 Month Contract (Possible extension based on work performance)

Location: Warren, NJ

Hybrid Position

Job Description:

Purpose and Scope of the Position:

Overview: We are seeking a highly motivated and detail-oriented Sourcing and Procurement Associate to join our Strategic Sourcing & Procurement (SS&P) NJ Regional Procurement Team - Cell Therapy R&D facility. The successful candidate will play a critical role in executing sourcing and procurement activities to support our cutting-edge research and development initiatives. This position requires a proactive individual with strong analytical skills, excellent communication abilities, and a passion for contributing to the advancement of cell therapy. This individual must display excellent communication skills in dealing with internal stakeholders, senior leadership, and suppliers.

Required Competencies

• Education: Bachelor’s degree in Supply Chain Management, Engineering, Business Administration, or a related field.

• Experience: Entry level with Internship / Co-Op experience, 1-4+ years of experience in sourcing and procurement.

Top 3-5 skills you steer looking for: analytical skills, negotiation skills, attention to detail, Communication and presentation skills.

Skills:

o Strong analytical and problem-solving skills.

o Excellent negotiation and communication abilities.

o High attention to detail and ability to manage multiple tasks simultaneously.

o Knowledge of regulatory requirements and industry standards related to procurement in a research and development environment.

Duties and Responsibilities:

Key Responsibilities:

1. Sourcing and Supplier Management:

a. Part with category teams to Identify, evaluate, and select suppliers to meet the facility's needs for materials, equipment, and services.

b. Develop and maintain strong relationships with key suppliers to ensure reliable supply and high-quality standards.

2. Procurement Operations:

a. Manage supplier contracts.

b. Ensure compliance with company policies, procedures, and regulatory requirements in all procurement activities.

3. Cost Management:

a. Negotiate favorable terms and conditions with suppliers to achieve cost savings and value for money.

b. Identify opportunities for cost reduction and process improvement within the procurement function.

c. Track and report on procurement expenditures and budget adherence.

4. Collaboration and Communication:

a. Work closely with R&D, quality, and operations teams to understand their requirements and provide procurement support.

b. Act as a liaison between the facility and the central procurement function, if applicable.

c. Communicate effectively with internal and external stakeholders to ensure alignment and transparency.

5. Data Analysis and Reporting:

a. Analyze procurement data to identify trends, opportunities, and areas for improvement.

b. Prepare and present reports on procurement activities, supplier performance, and cost savings initiatives.

c. Utilize procurement software and tools to streamline processes and enhance efficiency.

Education and Experience:

Bachelor’s degree in Supply Chain Management, Engineering, Business Administration, or a related field

Working Conditions:

Office environment

Physical Demands:

Sitting for periods of time

Additional Information:

Personal Attributes:

• Proactive and results-oriented mindset.

• Ability to work independently and as part of a team.

• Strong organizational and time management skills.

Commitment to continuous improvement and professional development