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Albany Medical College

Biotech discovery, development, and commercialization hub

Contract Specialist

Procurement & SourcingPosted on Nov 13
Full-timeAlbany, NY, USA$65k - $97.5kIn-person

About the Job

Requirements

  • A bachelor's (four-year) degree is required.
  • Preferred majors include Health Care, Supply Chain, Business, Finance, Statistics, or Economics.

Responsibilities

  • Coordinate the review and execution of Albany Med Health System contracts.
  • Manage contract workflows to ensure timely review, execution, and retention of contracts.
  • Use Workday and the NTRACTS contracting system to create, review, finalize, and retain contracts and agreements.
  • Work with purchasing to identify and resolve pricing discrepancies.
  • Serve as liaison between requesting departments, legal, and suppliers for contract negotiation, execution, and problem resolution.
  • Provide resources for interpreting contract pricing, terms, and conditions.
  • Provide data on existing contracts as needed, including monitoring and reporting contract utilization outcomes.
  • Coordinate Group Purchasing Organization contracts and agreements.
  • Run and analyze spend for supply chain contracting initiatives.
  • Schedule and initiate bid procedures for non-contract supplies, equipment, and services.
  • Support the value analysis process and identify opportunities for savings, standardization, and utilization for committees to consider.

About the Company

Albany Medical College

Biotech discovery, development, and commercialization hub

The Biomedical Acceleration and Commercialization Center (BACC) at Albany Medical College focuses on turning bio-discovery into real healthcare products and services. It runs an ecosystem that brings together entrepreneurs, inventors, academic researchers, and students to refine technologies, access resources and facilities, and connect with mentors and industry experts to grow biotech ventures. Unlike groups that only do research or funding, BACC provides hands-on support, space, and connections to help ideas move toward commercial development and broader patient impact. Its goal is to discover, develop, and accelerate breakthrough biotechnologies that improve patient experiences and outcomes while contributing to regional economic growth.

Company size
1-10
Company stage
Not listed
Total funding
Not listed
Headquarters
Albany, NY
Founded
2014

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