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    Job · 19539247

    Precision for Medicine logo

    Procurement Manager

    Precision for Medicine · Bengaluru · onsite · Posted 22d ago

    Not disclosed2–4 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    Position Summary

    The Procurement Manager is responsible for acquiring materials, supplies, equipment, and services in connection with the delivery of services supporting clinical trials. Additional procurement activities include but are not limited to: (i) tracking the vendor request for proposal (RFP) lifecycle; (ii) negotiating preferential pricing; (iii) vendor contracting; and (iv) performing other commercial and transactional activities.

    Essential functions of the job include but are not limited to:

    • Adhering to procurement strategies that align with the company's objectives.
    • Managing the solicitation process, including reviewing/comparing specifications and costs and where appropriate supporting negotiation with vendors to reduce costs.
    • Negotiating terms and conditions with suppliers to ensure the best possible prices and agreements.
    • Delivering value and competitive advantage measured by cost reduction and cost avoidance, vendor-enabled innovation, and risk mitigation.
    • Ensuring compliance in purchasing process, especially in vendor selection and bidding.

    Qualifications

    Minimum Required:

    • Bachelor's degree in business administration, accounting, economics or related field required.
    • Minimum of two years of work experience in life science procurement and outsourcing.

    Other Required

    • Excellent communication and negotiation skills
    • Proficiency in Microsoft Office Applications (Excel, Word, etc.).
    • Knowledge of purchasing policies, processes, and procedures.
    • Knowledge and ability to negotiate best vendor terms and pricing.

    Preferred

    • Experience with clinical trial procurement and contract research organization operations.

    Skills

    • Strong negotiation and interpersonal skills.
    • Excellent analytical skills.
    • Capability to work under pressure and adapt to dynamic environments.
    • Attention to detail and a commitment to achieving operational efficiency.

    Competencies

    • Possesses strong organizational/written communication skills and the ability to multi-task and prioritize in a fast-paced environment.
    • Ability to effectively work with cross functional teams in a fast-paced global environment with operations in multiple countries with varying cultural dynamics.
    • Creative and flexible problem solving and critical thinking abilities.
    • Executes time-sensitive matters while maintaining accuracy and attention to detail.
    • Exhibits high self-motivation and can work and plan independently as well as in a team environment.
    • Demonstrates a high degree of professionalism.
    • Displays sound business judgment and a proactive, independent work style.
    • Develops, maintains, and strengthens relationships with others inside or outside of the organization who can provide information, assistance, and support.
    • Ability to work with diverse environments, both globally and culturally.

    Any data provided as a part of this application will be stored in accordance with our Privacy Policy. For CA applicants, please also refer to our CA Privacy Notice.

    Precision Medicine Group is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law.

    If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact Precision Medicine Group at [HIDDEN TEXT].

    Recruitment Fraud Warning: Please be aware that fraudulent individuals and websites may impersonate Precision Medicine Group or its affiliates and attempt to obtain personal, financial, or banking information through fake job postings or employment offers. Precision Medicine Group will never request payment, banking details, or other sensitive financial information as part of the recruitment process. If you believe you have been targeted by a recruitment scam, we encourage you to report the incident to your local law enforcement authorities, consumer protection agency, or relevant cybercrime reporting organization in your country. Please also notify us at [HIDDEN TEXT] so we can investigate and take appropriate action.

    Sourced from foundit

    Skills

    Microsoft Office Applicationsnegotiation

    About Precision For Medicine

    Precision for Medicine logo

    Precision for Medicine

    1001-5000

    employees

    Frederick

    US

    About

    Precision For Medicine offers clinical research services in precision medicine, enhancing the development process of therapeutics through integrated expertise and data science.

    Industries

    BiotechnologyHealth CareMedicalMedical DevicePharmaceutical

    Employee ratings

    22 reviews

    3.6/ 5

    Culture

    3.8

    Career growth

    2.9

    Work-life

    3.5

    Employees rate it well for

    Work Culture5

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