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Director, Procurement Operations

Company: Odysseytx
Location: Boston
Posted on: March 20, 2023

Job Description:

About us:
Odyssey Therapeutics is propelling drug development beyond what is now possible to deliver medicines that address critical needs of patients with cancer and inflammatory diseases. We achieve unprecedented speed and efficiency by bringing together a target-centric approach, a toolbox of cutting-edge technologies, and a team of accomplished, world-class drug hunters. By reimagining the drug development process, we are creating a deep and broad pipeline that holds the potential to transform human health.
Position Details:

  • Job Title: Director, Procurement Operations
  • Location: Boston, MA
  • Employment Type: Full-Time
  • Department: Finance

    The opportunity:
    We are looking for an energetic, collaborative team member to lead procurement activities for our global team. As process owner for Procure-to-Pay (P2P), you will interact with team members from Research and Development, Finance, Legal, and Operations to ensure cost effective and timely delivery of essential goods and services on favorable terms and to maximize efficiency and stakeholder satisfaction. You will participate in daily business execution as well as aid higher-level strategic initiatives with information and reporting. In short, you'll support Odyssey's continued success by managing and streamlining procurement services for the entire organization.
    Odyssey prides itself as an organization with an exceptionally talented and diverse team. Together with your colleagues, you will help shape the Odyssey culture, strategic direction, and outcomes.
    Your primary objectives will be to:

    • End-to-end ownership of the Procure-to-Pay (P2P) process; act as a "hands-on", proactive leader with a focus on continuous process improvement with key stakeholders (e.g., vendors, business operations, legal, accounts payable).
    • Build and scale procurement operations as the business grows and transitions from a research and discovery organization to clinical development stage company.
    • Develop a sourcing and procurement operations framework that delivers value creation across cost, quality, and efficiency while maintaining business agility.

      • Drive cost optimization efforts by improving processes, eliminating wasteful spending, consolidating vendors, and negotiating discounts.
      • Enable increased process automation to scale operations and champion data analytics and reporting to improve time to insight both within the team and across the enterprise.
      • Manage supplier qualification, RFP & supplier selection process; collaborate with Legal and business partners to negotiate master service/goods agreements, work orders and statement of works templates.
      • Negotiate supplier terms such as price, risk allocation, quality of goods, deadlines, expectations, etc. and work with business to evaluate vendor performance.

      • Partner with business leaders and system users to ensure strong understanding of process and policies throughout the organization.

        • Work with stakeholders to understand details of procurement and vendor management requirements, including important scientific details.
        • Develop and provide training and communication material for internal business groups.
        • Manage outsourcing strategies and ensure cross-functional alignment and compliance.
        • Serve as a thought partner and actively challenge the business to deploy the most comprehensive and creative solutions; remove barriers for team to ensure its ability to execute.

        • Develop and maintain broad stakeholder relationships, both internally and externally, to ensure organizational goals are met.

          About you:

          • MA / MS degree with 7+ years of Procurement/Sourcing experience with a rapidly growing organization with multiple geographic sites and labs.
          • Experience working in a biotechnology or pharmaceutical company with understanding of drug discovery and development process.
          • > 3 years' experience dealing with domestic and international CROs.
          • Extensive experience owning the development and implementation of strategic sourcing frameworks with proven results via scaling and cost savings.
          • Self-starting, enthusiastic, entrepreneurial attitude.
          • Excellent written and verbal communication skills, including ability to effectively communicate and collaborate with diverse groups, with strong attention to detail.
          • Strong negotiation and problem-solving skills.
          • Excellent interpersonal and relationship building abilities, including the ability to influence others.
          • Strong time management and planning skills required to coordinate and prioritize multiple projects simultaneously while adapting to changes in business requirements.
          • Technically savvy, including a demonstrated high level of proficiency in the Microsoft suite and familiarity with procurement system solutions and integration with enterprise financial systems.

Keywords: Odysseytx, Boston , Director, Procurement Operations, Executive , Boston, Massachusetts

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