Manager, R&D Procurement in Basking Ridge, NJ at DSI

Date Posted: 4/7/2021

Job Snapshot

Job Description

Join a Legacy of Innovation 110 Years and Counting!

Daiichi Sankyo Group is dedicated to the creation and supply of innovative pharmaceutical therapies to improve standards of care and address diversified, unmet medical needs of people globally by leveraging our world-class science and technology. With more than 100 years of scientific expertise and a presence in more than 20 countries, Daiichi Sankyo and its 15,000 employees around the world draw upon a rich legacy of innovation and a robust pipeline of promising new medicines to help people. In addition to a strong portfolio of medicines for cardiovascular diseases, under the Group’s 2025 Vision to become a “Global Pharma Innovator with Competitive Advantage in Oncology,” Daiichi Sankyo is primarily focused on providing novel therapies in oncology, as well as other research areas centered around rare diseases and immune disorders.

Job Summary:

The purpose of this job is to work with DS teams to assess, select, negotiate and execute contracts. Performs financial reconciliation and negotiation of Vendor contracts prior to study termination and contract closure. Manages all aspects of sourcing and negotiating Vendor contracts to ensure that the contracts are cost effective. Provides oversight of Vendor contracts, change orders and works with the Vendor for resolution of all issues/ discrepancies.

Responsibilities:

Proactively seeks to become an expert in complex outsourcing models supporting Clinical R&D and PH.1 to PH. IV outsourced services (e.g., CRO, Biomarker, CDx, Clinical Supplies, central labs); Must have strong problem-solving skills and is able to work in complex categories. Assist in the development and implementation of new processes, procedures and/or systems to improve organizational efficiencies and cost controls.

Procurement - Manages all Outsourcing activities from vendor assessment, RFP, selection, contract budget, payment schedule & scope negotiation thru to contract execution. Supports internal customers to help ensure that vendors meet required service level.

Demonstrates expanded understanding of procurement principles, legal language, vendor selection criteria. Assist with the development of a sourcing strategy by spend category that reduces costs, reduces timelines and improves quality. Coaches and mentors colleagues on the outsourcing process and procedures. (not a formal people manager). Develops detailed bid analysis for the R&D functional group’s review. Development and management of other ad hoc special projects as they arise.

Communication and Relationship Management- Leads contract related communication with vendors. Respond to questions from internal staff regarding status of contracts. Interacts with vendors on standard administrative matters and contract terms. Appropriately escalates issues and conflicts. This position will work cross-functionally to execute the outsourcing process. Responsible for appropriate utilization and application of advanced negotiation skills, partnership management and strong interpersonal skills to support and advance objectives.

Contract Execution- Builds content of the contract, verifies the unitized budget against the needs, conducts rigorous negotiation of terms with validation of rates from service providers. Making sure the payment schedules are cash neutral and in-line with deliverable timelines. Responsible for the negotiation, preparation, and execution of master agreements on a timely basis. Management and oversight of Clinical Development contracting process, review and approval in accordance with company policies.

Qualifications: Successful candidates will be able to meet the qualifications below with or without a reasonable accommodation.

Education/Experience:

Bachelor's Degree in Life Sciences or commensurate experience preferred

Experience with PH.1 – PH.IV clinical trial vendor contracts required

4 or More Years in clinical trial outsourcing, health sciences or related field (clinical trials) preferred

Advanced WORD and Excel skills

Excellent time management skills

Experience with CRO contracts preferred

Daiichi Sankyo, Inc. is an equal opportunity/affirmative action employer. Qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.