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Director, Procurement

Wilmington, DE, USA | Incyte Corporation

  • Industry:
    Pharmaceutical / Biotech
  • Position Type:
    Full-Time
  • Functions:
    General Management
    Operations / Production
  • Experience:
    10-12 years
Job Description:
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Incyte is a biopharmaceutical company focused on the discovery, development, and commercialization of novel medicines to meet serious unmet medical needs in oncology and inflammation and autoimmunity. Incyte is committed to the rigorous pursuit of research and development excellence to improve the lives of patients, make a difference in health care, and build sustainable value. 


The Company strives to discover and develop first-in-class and best-in-class medicines-advancing a diverse portfolio of large and small molecules.


Job Summary(Primary function)


The Director, Procurement is responsible for leading and managing Incyte’s procurement activities within the Clinical Trials space as well as other R&D spend, developing a broad service strategy to ensure effective supplier selection and management, risk mitigation, cost effective sourcing, contract negotiations and compliance to corporate policies. This position will be responsible for the development and implementation of Incyte’s sourcing strategy for Clinical spend. It requires working closely with multiple internal and external partners to facilitate and optimize the operational procurement process with a keen focus on customer service for the entire organization.


  


Job Responsibilities


 


Collaborate, develop and maintain critical relationships with various cross-functional R&D Teams to provide Strategic Sourcing expertise for CRO’s, labs, data management, Lab supplies, R&D Informatics etc.


Assess spend and proactive development of actions to identify cost reductions, improve supplier performance and business segment compliance with/use of preferred suppliers as it relates to clinical trials.


Actively participate in contract and pricing negotiation for all R&D spend. Negotiates pricing discounts and contracts on operational spend and strategic initiatives


Work closely with FP&A to support annual and lifetime financial budgets and forecasts


Proactively engage business leaders and develop a professional rapport to drive improved collaboration and cooperation with the procurement function


Drive customer satisfaction through proactive, efficient procurement operations and strong internal collaboration with stakeholders


Ensure contracts and procurement policies, procedures and practices are aligned with applicable regulations, business objectives and industry best practices


Identification and implementation of appropriate performance metrics; development of monthly performance dashboards highlighting achievements, performance gaps and improvement opportunities.


Continually evaluate services offered by existing and prospective vendors


Support the supplier/contractor on-boarding process including review of requisite paperwork, experience, legal and organizational structure, financial viability, geographic coverage, insurance requirements and other capabilities


Manage direct reports as required, with a focus on personnel development


 


Minimum Requirements


Bachelors in life sciences or business major required, Masters preferred


10+ years of experience in procurement and sourcing or closely related


 Knowledge and experience of current purchasing best practice

Proven track record of delivering tangible results in a global complex/decentralizing environment


Prior experience mentoring, developing, and managing teams


Extensive experience in working with cross functional teams and multiple projects simultaneously


Experience in Pharmaceutical / Biotech environment required.


Certification in Procurement preferred (i.e. CPM, CPP, SPSM, CIPS)


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