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Outsourcing Manager

Binding Minds Inc. (Certified Disability Owned Business Enterprise)

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

Duration: 1 Years Contract

Location: Basking Ridge, NJ

Shift: Hybrid

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

Job Schedule

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.

Job Duties and Responsibilities

1. Clinical R&D Procurement and Outsourcing

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

2. Procurement

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

3. Communication

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

4. Contract Execution

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

5. Negotiations

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

6. Interpersonal Skills

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

Required Skills and Qualifications

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

Preferred Qualifications

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

Education

- Bachelor's degree in Life Sciences preferred.

Vacancy posted 21 hours ago
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