Procurement Specialist

Job Description

Job Description

About GenScript

Founded in 2002 in New Jersey, GenScript Biotech Corporation accelerates innovation in biotech and healthcare by providing researchers and companies with the building blocks needed to develop groundbreaking treatments and products. Guided by its mission to Make People and Nature Healthier Through Biotechnology, and its role as a well-recognized biotechnology company, GenScript has a team of approximately 6,165 employees and has served more than 200,000 customers across over 100 countries and regions.

Specialist – Procurement/ Purchasing

Location: Piscataway, NJ

Employment Status: Full Time

Reports to: Senior Procurement Manager

Role Description

Our US Purchasing team is seeking driven team member experienced in managing end-to-end source-to-pay and procure-to-pay cycles, including RFx, contract and PO execution, and invoice coordination for timely payments across Indirect or Direct materials categories. Experienced in vendor onboarding, material code creation, contract management, and driving compliance with company policies. Proven ability to negotiate pricing and long-term agreements, identify cost-saving opportunities, and meet key performance indicators (KPIs) related to cost, service levels, and payment timelines. Serve as a key liaison between vendors, legal teams, and internal stakeholders, while also leading procurement training and supporting cross-functional collaboration.

The estimated salary range is $60,000 - $70,000, based on experience.

Job Responsibilities:

• Manage the source-to-pay and procure-to-pay procurement cycles, including RFx, contract and purchase order (PO) review and execution, acceptance processes, and invoice coordination to ensure timely payments for assigned categories such as services, raw materials, CAPEX, etc..
• Conduct the sourcing process based on requests received from end users, prepare side-by-side pricing comparisons, and complete RFx activities in the procurement system in compliance with company policies
• Accountable for KPIs related to cost savings, service level requirements, and on-time payment SLAs.
• Negotiate pricing, terms and conditions, contracts, and long-term agreements with suppliers to drive the value for the company
• Identify cost-saving opportunities through pricing comparisons across sources, package negotiations, and demand consolidation.
• Ensure to follow up and coordinate with end users to complete the acceptance process in daily basis, ensuring that payment can be processed on time, in accordance with the agreed payment terms with the vendor, and to meet the finance requirement for the on-time payment rate.
• Responsible for new material code creation, vendor onboarding, comprehensive contract reviews within the contract management system (CMS), and initiating and completing the acceptance process
• Serve as the primary point of contact for vendors and the internal Legal team, reviewing agreements, contracts, proposals, and statements of work (SOWs) to ensure alignment with legal requirements and company policies.
• Collaborate with cross-functional teams to provide procurement support and guidance to internal stakeholders on procurement processes and best practices.
• Lead procurement process trainings for end users as needed.

Qualifications:

• Bachelor's degree or higher in Business, Supply Chain Management, or a related field
• Minimum of 1-3 years of experience in procurement, with a focus on Indirect (CAPEX, Services, etc.) or Direct materials (chemicals, lab consumables, etc.)
• Strong negotiation, communication, and analytical skills
• Project management skills, with experience in procurement for construction projects preferred; this experience will be considered a significant advantage
• Proven capability to navigate a dynamic, fast-paced environment while adapting to shifting priorities and identifying opportunities

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Benefits:

Benefits include medical, dental, and vision insurance as well as a 401(k) retirement plan with a company match that vests fully on day one. We offer paid parental leave after just three (3) months of employment, and a paid time off policy that includes vacation time, personal time, sick time, floating holidays, and company holidays. Additional benefits include flexible spending and health savings accounts, life and AD&D insurance, short- and long-term disability coverage, legal assistance, and supplemental plans such as pet, critical illness, accident, and hospital indemnity insurance. We also provide commuter benefits, well-being initiatives, and peer-to-peer recognition programs; demonstrating our ongoing commitment to building a culture where our people feel empowered, supported, and inspired to do their best work.

GenScript USA Inc/ProBio Inc. is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is the Company's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

GenScript USA Inc./ProBio Inc. maintains a drug-free workplace.

Please note: Genscript USA Inc./ProBio Inc. will only contact candidates through verified application sources. GenScript/Probio does not request personal information from candidates through individual email or any other platform.