Outsourcing Manager
Binding Minds Inc. (Certified Disability Owned Business Enterprise)
Job Description
Title: Manager, R&D Procurement (Level II or Level III)
\nDuration: 1 Years Contract
\nLocation: Basking Ridge, NJ
\nShift: Hybrid
\n \nManager, R&D Procurement (Level II or Level III)
\n \nJob Schedule
\nThe hiring manager strongly prefers a local candidate based in New Jersey who can work onsite 1–4 times per week, averaging 2 days per week.
\n \nJob Duties and Responsibilities
\n1. Clinical R&D Procurement and Outsourcing
\n- \n
- Assess, select, negotiate, and execute clinical trial vendor contracts with Daiichi Sankyo (DS) teams. \n
- Perform financial reconciliation and negotiation of vendor contracts before study termination and contract closure. \n
- Manage all aspects of sourcing and negotiating vendor contracts to ensure cost-effectiveness. \n
- Oversee vendor contracts and change orders, working with vendors to resolve issues and discrepancies. \n
- Demonstrate expertise in complex outsourcing models supporting Clinical R&D and Phase I–Phase IV outsourced services, such as CROs, core labs, biomarker services, and central labs. \n
- Follow processes, procedures, and systems to improve organizational efficiency and cost controls. \n
2. Procurement
\n- \n
- Manage all outsourcing activities, from vendor assessment, RFP, and selection to contract budget, payment schedule, scope negotiation, and contract execution. \n
- Support internal customers in ensuring vendors meet required service levels. \n
- Apply an expanded understanding of procurement principles, legal language, and vendor selection criteria. \n
- Assist in developing sourcing strategies by spending category to reduce costs and timelines and improve quality. \n
- Develop detailed bid analyses for review by the R&D functional group. \n
- Participate in other ad hoc special projects as required. \n
3. Communication
\n- \n
- Lead contract-related communications with vendors. \n
- Respond to internal staff questions regarding contract status. \n
- Interact with vendors on standard administrative matters and contract terms. \n
- Escalate issues and conflicts appropriately. \n
- Work cross-functionally to execute the outsourcing process. \n
4. Contract Execution
\n- \n
- Build contract content and verify unitized budgets against requirements. \n
- Conduct rigorous negotiations of business terms and validate rates from service providers. \n
- Ensure payment schedules are cash-neutral and aligned with deliverable timelines. \n
- Negotiate, prepare, and execute contracts on time. \n
- Manage and oversee the clinical development contracting process, including review and approval in accordance with company policies. \n
5. Negotiations
\n- \n
- Apply advanced negotiation skills to drive cost savings. \n
- Think and act strategically to drive continuous improvement. \n
- Ensure optimal partnerships with internal stakeholders and external vendors to deliver commitments with high value, quality, and performance. \n
6. Interpersonal Skills
\n- \n
- Manage and maintain collaborative relationships within R&D, Legal, Quality, and Finance, as well as with external parties. \n
- Eliminate barriers to resolve procurement and contract issues in a timely manner. \n
Required Skills and Qualifications
\n- \n
- Minimum 5 years of experience in clinical trial outsourcing, health sciences, or a related clinical trials field. \n
- Experience with outsourcing from the pharmaceutical or biotechnology industry. \n
- Experience with Phase I–Phase IV clinical trial vendor contracts. \n
- Advanced Microsoft Word and Excel skills, including: \n
- Modifying and reformatting documents in MS Word. \n
- Creating final contracts in MS Word. \n
- Writing Excel formulas and analyzing data. \n
- Strong organizational skills, with the ability to prioritize workloads and tasks. \n
- Excellent time management skills. \n
- Ability to work independently and make sound decisions. \n
- Ability to maintain and use a tracker provided by Daiichi Sankyo to track task and contract request status. \n
- Ability to interface with departments and functional areas based in Japan. \n
Preferred Qualifications
\n- \n
- Experience with laboratory service agreements is highly preferred. \n
- Experience with CRO contracts is preferred or acceptable. \n
Education
\n- Bachelor's degree in Life Sciences preferred.
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