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Outsourcing Manager

Binding Minds Inc. (Certified Disability Owned Business Enterprise)

Job Description

Title: Manager, R&D Procurement (Level II or Level III)

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Duration: 1 Years Contract

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Location: Basking Ridge, NJ

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Shift: Hybrid

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Manager, R&D Procurement (Level II or Level III)

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Job Schedule

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The 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.

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Job Duties and Responsibilities

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1. Clinical R&D Procurement and Outsourcing

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  • Assess, select, negotiate, and execute clinical trial vendor contracts with Daiichi Sankyo (DS) teams.
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  • Perform financial reconciliation and negotiation of vendor contracts before study termination and contract closure.
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  • Manage all aspects of sourcing and negotiating vendor contracts to ensure cost-effectiveness.
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  • Oversee vendor contracts and change orders, working with vendors to resolve issues and discrepancies.
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  • 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.
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  • Follow processes, procedures, and systems to improve organizational efficiency and cost controls.
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2. Procurement

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  • Manage all outsourcing activities, from vendor assessment, RFP, and selection to contract budget, payment schedule, scope negotiation, and contract execution.
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  • Support internal customers in ensuring vendors meet required service levels.
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  • Apply an expanded understanding of procurement principles, legal language, and vendor selection criteria.
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  • Assist in developing sourcing strategies by spending category to reduce costs and timelines and improve quality.
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  • Develop detailed bid analyses for review by the R&D functional group.
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  • Participate in other ad hoc special projects as required.
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3. Communication

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  • Lead contract-related communications with vendors.
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  • Respond to internal staff questions regarding contract status.
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  • Interact with vendors on standard administrative matters and contract terms.
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  • Escalate issues and conflicts appropriately.
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  • Work cross-functionally to execute the outsourcing process.
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4. Contract Execution

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  • Build contract content and verify unitized budgets against requirements.
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  • Conduct rigorous negotiations of business terms and validate rates from service providers.
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  • Ensure payment schedules are cash-neutral and aligned with deliverable timelines.
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  • Negotiate, prepare, and execute contracts on time.
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  • Manage and oversee the clinical development contracting process, including review and approval in accordance with company policies.
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5. Negotiations

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  • Apply advanced negotiation skills to drive cost savings.
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  • Think and act strategically to drive continuous improvement.
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  • Ensure optimal partnerships with internal stakeholders and external vendors to deliver commitments with high value, quality, and performance.
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6. Interpersonal Skills

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  • Manage and maintain collaborative relationships within R&D, Legal, Quality, and Finance, as well as with external parties.
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  • Eliminate barriers to resolve procurement and contract issues in a timely manner.
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Required Skills and Qualifications

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  • Minimum 5 years of experience in clinical trial outsourcing, health sciences, or a related clinical trials field.
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  • Experience with outsourcing from the pharmaceutical or biotechnology industry.
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  • Experience with Phase I–Phase IV clinical trial vendor contracts.
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  • Advanced Microsoft Word and Excel skills, including:
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  • Modifying and reformatting documents in MS Word.
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  • Creating final contracts in MS Word.
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  • Writing Excel formulas and analyzing data.
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  • Strong organizational skills, with the ability to prioritize workloads and tasks.
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  • Excellent time management skills.
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  • Ability to work independently and make sound decisions.
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  • Ability to maintain and use a tracker provided by Daiichi Sankyo to track task and contract request status.
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  • Ability to interface with departments and functional areas based in Japan.
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Preferred Qualifications

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  • Experience with laboratory service agreements is highly preferred.
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  • Experience with CRO contracts is preferred or acceptable.
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Education

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- Bachelor's degree in Life Sciences preferred.

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