Job Description
Job Title
: Analyst/Executive
Exp
: 3-5 Yrs
Qualification
: B.E Chemical/Mechanical with preferred material management qualification
Function
: CRO Procurement R&D
Location
: Pune
Shifts
: Morning, Afternoon & Night (Applicable)
Job Responsibilities
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Strategic Sourcing & Category Management
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Develop and execute sourcing strategies for CRO services including clinical trials, pharmacovigilance, and regulatory support.
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Lead supplier selection, RFx processes, QCS, contract negotiations & Awarding.
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Work closely with CRO Procurement, Global R&D stakeholders; Regional Regulatory, Business & Finance to ensure all project / budget requirements and schedules are met.
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Manage the PR to PO process & Experience in managing sourcing projects.
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Expert in Market Intelligence as monitor market trends, current situation.
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Identify inefficiencies in CRO procurement workflows and implement process enhancements.
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Support digital transformation initiatives (e.g., Ivalua, Ariba) to automate sourcing and contract management.
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Promote standardization and best practices across global R&D procurement.
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Stakeholder Collaboration
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Partner with R&D, Agro chemical Operations, Legal, and Finance teams to align procurement activities with business goals.
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Act as a procurement advisor for clinical development teams during project planning and execution.
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Supplier Relationship Management
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Manage global CRO partnerships to ensure service quality, compliance, and performance.
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Conduct regular supplier business reviews and performance evaluations.
Key Responsibilities
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Capex Procurement Management: Execute procurement activities for Agro Trial Services, R&D Chemical, contracts, Field research services, technical development, Lab Installation & Regulatory studies for global regions.
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Ensure alignment with organizational goals, focusing on cost savings, timely delivery, and quality standards.
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Apply the Total Cost of Ownership (TCO) concept to evaluate lifecycle costs and drive value in procurement decisions.
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Stakeholder Management: Work closely with Category Lead to deliver on KPIs.
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Collaborate effectively with internal stakeholders, including Global Trials, Regulatory Services, finance, and project management teams, to understand and meet project-specific requirements.
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Maintain strong relationships across multiple region stakeholders and departments to ensure smooth execution of procurement activities in a dynamic, multi-plant environment.
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Negotiation Excellence: Lead high-value negotiations with suppliers and contractors to secure favourable terms, pricing, and service levels.
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Leverage market intelligence and cost analysis to meet savings targets and drive procurement efficiencies.
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Evaluate supplier performance and ensure compliance with quality, cost, and delivery standards.
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Foster long-term partnerships with local and alternative vendors to ensure a diverse and competitive supplier base.
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Sourcing Project Management & multiple rounds of bidding : Manage sourcing projects using advanced procurement platforms.
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Knowledge of e-sourcing tools like Ivalua or SAP Ariba is an added advantage.
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Compliance & Documentation: Ensure all procurement activities comply with legal, statutory, and internal governance policies.
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Maintain accurate documentation and records to support audits, internal reviews, and procurement transparency.
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Order Management & Delivery: Finalize offers, release purchase orders, and manage end-to-end procurement processes to ensure timely delivery of Capex items.
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Monitor delivery schedules and resolve any supply chain issues to meet project deadlines.
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Communication & Reporting: Exhibit excellent communication skills to manage stakeholders effectively, resolve conflicts, and articulate procurement strategies to senior management.
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Prepare and present procurement reports, including cost-saving achievements, vendor performance, and project progress, to relevant stakeholders.
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Knowledge & Data Management: Build and maintain a data repository of market intelligence, supplier capabilities, and emerging trends in Capex procurement.
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Use data-driven insights to refine procurement strategies and optimize supplier performance.
Technical Skills Requirements
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Mandatory: Proficiency in Ivalua & SAP for procurement and Coordination with CRO’s.
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Strong understanding of the QCS concept.
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Experience in managing sourcing projects, Create RFX, QCS, Awarding and conducting reverse auctions.
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Proven expertise in handling CRO Procurement for R&D and Regulatory services.
Key Competencies
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Negotiation Skills: Ability to lead high-value negotiations to achieve savings targets and secure advantageous terms.
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Stakeholder Management: Strong collaboration skills to manage diverse stakeholders across multiple plants and departments.
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Communication Skills: Excellent verbal and written communication to engage with suppliers, stakeholders, and leadership effectively.
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Analytical Thinking: Expertise in cost estimation, market analysis, and supplier evaluation to drive strategic procurement decisions.
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Multi-Stakeholder Coordination: Ability to manage procurement activities across a multi-region while meeting project-specific timelines and requirements.
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Sourcing & E-Procurement: Familiarity with e-sourcing tools like Ivalua or SAP Ariba for sourcing projects and reverse auctions is an added advantage.
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Compliance & Governance: In-depth understanding of procurement best practices, compliance requirements, and audit processes.