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Binding Minds Inc. (Certified Disability Owned Business Enterprise) · Basking Ridge, New Jersey
Title:
Manager, R&D Procurement (Level II or Level III)
Duration:
1 Years Contract
Basking Ridge, NJ
Shift:
Hybrid
Manager, R&D Procurement (Level II or Level III)
Job Schedule
The hiring manager strongly prefers a local candidate based in New Jersey who can work onsite 1–4 times per week, averaging 2 days per week.
Job Duties and Responsibilities
1. Clinical R&D Procurement and Outsourcing
Assess, select, negotiate, and execute clinical trial vendor contracts with Daiichi Sankyo (DS) teams.
Perform financial reconciliation and negotiation of vendor contracts before study termination and contract closure.
Manage all aspects of sourcing and negotiating vendor contracts to ensure cost-effectiveness.
Oversee vendor contracts and change orders, working with vendors to resolve issues and discrepancies.
Demonstrate expertise in complex outsourcing models supporting Clinical R&D and Phase I–Phase IV outsourced services, such as CROs, core labs, biomarker services, and central labs.
Follow processes, procedures, and systems to improve organizational efficiency and cost controls.
2. Procurement
Manage all outsourcing activities, from vendor assessment, RFP, and selection to contract budget, payment schedule, scope negotiation, and contract execution.
Support internal customers in ensuring vendors meet required service levels.
Apply an expanded understanding of procurement principles, legal language, and vendor selection criteria.
Assist in developing sourcing strategies by spending category to reduce costs and timelines and improve quality.
Develop detailed bid analyses for review by the R&D functional group.
Participate in other ad hoc special projects as required.
3. Communication
Lead contract-related communications with vendors.
Respond to internal staff questions regarding contract status.
Interact with vendors on standard administrative matters and contract terms.
Escalate issues and conflicts appropriately.
Work cross-functionally to execute the outsourcing process.
4. Contract Execution
Conduct rigorous negotiations of business terms and validate rates from service providers.
Ensure payment schedules are cash-neutral and aligned with deliverable timelines.
Negotiate, prepare, and execute contracts on time.
Manage and oversee the clinical development contracting process, including review and approval in accordance with company policies.
5. Negotiations
Think and act strategically to drive continuous improvement.
Ensure optimal partnerships with internal stakeholders and external vendors to deliver commitments with high value, quality, and performance.
Manage and maintain collaborative relationships within R&D, Legal, Quality, and Finance, as well as with external parties.
Eliminate barriers to resolve procurement and contract issues in a timely manner.
Required Skills and
Minimum 5 years of experience in clinical trial outsourcing, health sciences, or a related clinical trials field.
Modifying and reformatting documents in MS Word.
Creating final contracts in MS Word.
Writing Excel formulas and analyzing data.
Strong organizational skills, with the ability to prioritize workloads and tasks.
Ability to work independently and make sound decisions.
Ability to maintain and use a tracker provided by Daiichi Sankyo to track task and contract request status.
Ability to interface with departments and functional areas based in Japan.
Preferred
Details
| Company | Binding Minds Inc. (Certified Disability Owned Business Enterprise) |
| Location | Basking Ridge, New Jersey |
| Type | FULL TIME |
| Niche | Full-time |