(Sr.) Procurement Manager

(Sr.) Procurement Manager

Pennington, New Jersey, United States

About GenScript

GenScript Biotech Corporation (Stock Code: 1548.HK) is a global biotechnology group. Founded in 2002, GenScript has an established global presence across North America, Europe, the Greater China, and Asia Pacific. GenScript's businesses encompass four major categories based on its leading gene synthesis technology, including operation as a Life Science CRO, enzyme and synthetic biology products, biologics development and manufacturing, and cell therapy.

GenScript is committed to striving towards its vision of being the most reliable biotech company in the world to make humans and nature healthier through biotechnology.

Job Scope

A leading biologics and CGT CDMO company in rapid expansion seeks a Senior Procurement Manager. The role focuses on designing strategies for optimal cost control, enhancing vendor management, achieving significant cost savings, and improving procurement sourcing and efficiency. Responsibilities include delivering insights to the executive team, standardizing business methodologies, evaluating procurement processes, and identifying improvement areas.

Responsibilities

• Take full responsibility for the end-to-end procurement management of different categories, include but not limit to material, services, equipment, engineering and etc.
• Align the Purchasing team's goals with organizational objectives, address complex issues by focusing on the needs of internal and external stakeholders to enhance sourcing and procurement processes, in line with global initiatives.
• Develop, evaluate and maintain qualified supplier resources, and establish long-term partnerships with key suppliers, conduct regular supplier audit and performance evaluations.
• Negotiate and manage purchasing contracts to improve key terms including price, payment terms, delivery lead time, quality standards and after-sales service, ensure quality and mitigate risks.
• Coordinate and resolve the issues during the procurement process, including delivery delays, unqualified quality, return and replacement of the goods, to ensure the continuity of the company's production.
• Responsible for implementation of purchasing control policy, development of working instructions and guidelines for users on how to deploy it, continuously drive process improvement.
• Responsible for team building, staff training, develop KPIs and performance evaluations.
• Manage the daily work of procurement team, formulate teamwork plans and objectives, guide subordinates in supplier development, price inquiry and comparison, contract signing and other work, and improve the overall professional procurement capabilities of the team.
• Strictly comply with relevant pharmaceutical regulations (cGMP, FDA) and the company's internal procurement system to ensure the compliance of procurement processes and prevent procurement risk.

Qualifications

• Bachelor's degree or above in Business, Supply Chain Management, Engineering, or related field.
• At least 10 years of procurement experience in biotech/pharmaceutical/CDMO, with expertise in cGMP procurement and regulatory compliance ((FDA/EMA, ICH Q7).
• Proven ability to negotiate with vendors for favorable terms and cost reductions.
• Proficiency in supply chain planning, forecasting demand, and managing inventory lead time to meet business needs.
• Data-driven decision maker with exceptional leadership and communication skills, capable of setting clear visions and strategies.
• Experience in leading multi-cultural teams, valuing diversity, and navigating global business dynamics.
• Excellent technical skills, proficient in Excel, Word, PowerPoint, Project and SAP/S2P(Ariba or GEP) systems.
• Expertise in strategic sourcing, evaluating and qualifying suppliers to optimize cost, quality, and supply reliability is preferred
• CPSM (Certified Professional in Supply Management) or Six Sigma Green Belt is preferred

The salary range for the role is 120k - 160k depending on experience and skill set