Associate Director
Strategic Sourcing
Posted on 2/1/2023
Cambridge, MA, USA
Experience Level
Desired Skills
Market Research
  • 7-10 years' experience in a Procurement, Strategic Sourcing or Category Management
  • Skilled in category management and (experience supporting clinical category preferred)
  • Strong experience with negotiation of contract agreements, process and cost improvements
  • Strong process-mapping and process-improvement skills with close attention to detail
  • Ability to define, drive, and translate technical specifications from business functional requirements
  • High degree of customer focus (internal/external) and demonstrated collaboration in a team environment
  • Strong project management skills, including the ability to prioritize, balance, and manage multiple efforts with strong results
  • Outstanding written and verbal communication skills, with the ability to convey strategies and results to a diverse audience
  • Bachelor's degree in Finance, Accounting, Economics, Business or a related field; Master's degree preferred
  • Biotech industry experience strongly preferred
  • Strong Microsoft Office suite skills
  • Develop and implement Category Management strategies for Clinical Research, Clinical Support Services, Bioanalytical Development, Regulatory and Compliance
  • Build strong relationships with key suppliers. Leverage segmenting suppliers, and implement a structured supplier relationship management program
  • Support stakeholders by identifying risks as part of the Strategic Sourcing process. Coordinate and develop risk mitigation plans that support business growth
  • Sustain annual cost savings targets, while collaborating with stakeholders and finance department
  • Successfully manage RFx source to settle lifecycle. Identify stakeholder requirements, draft RFx documents, facilitate meetings, vendor sessions, and quartley business reviews with key partners
  • Negotiate supply agreement contracts and pricing terms. Partner with legal to support Beam's internal controls
  • Leverage market research to obtain benchmarking data. Support category management and use data to drive initiatives for the team
  • Develop an annual category business plan to assess category, set goals and objectives, analyze spend, and review plan with key stakeholders for alignment
  • Partner with quality department to ensure that all activities and documentation comply with regulatory requirements
  • Strong focus on cost savings activities, including cost reduction, cost avoidance, and finding value-beyond savings for business owners
  • Ensure accurate reporting of Procurement key performance measures (operational metrics, savings, etc.)
  • Work collaboratively with the purchasing team and leadership to develop and maintain department policies and procedures
  • Partner with senior stakeholders to build relationships that facilitate realization of business value and savings
  • Participate in ad-hoc category projects and process improvements as needed
Beam Therapeutics

501-1,000 employees