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Clinical Development Sourcing and Procurement Analyst
Clinical Development Sourcing and Procurement AnalystMerck • Rahway, NJ, US
Clinical Development Sourcing and Procurement Analyst

Clinical Development Sourcing and Procurement Analyst

Merck • Rahway, NJ, US
19 hours ago
Job type
  • Full-time
Job description

Procurement Support For Clinical Development Sourcing And Procurement

The selected candidate will provide procurement support for Clinical Development Sourcing and Procurement (CDSP) in Clinical Trial Central Labs. This includes sourcing of clinical services utilizing the Sourcing Management Process for strategic analysis of suppliers, supply markets and supply chains. This role works closely with internal stakeholders in the clinical research, procurement, and finance organizations to achieve cross-functional business objectives. This role is responsible for negotiating costs, executing contracts and ongoing contract management. This role will report to the Associate Director, Clinical Trial Central Labs to support high quality sourcing initiatives and procurement category management.

Primary Activities :

  • Contract Execution and Management - to prepare various contract documents for internal review, approval, and signature in collaboration with the CDSP team; ensure contracts are filed to the appropriate systems and tracked internally
  • Sourcing - to assist in creating and executing RFIs, RFPs, RFQs together with structured information analysis to inform procurement strategy development and decision-making.
  • Budget Negotiation - to support negotiations with suppliers based on detailed analysis of internal business requirements, supplier costs, and external benchmarks.
  • Stakeholder Support - to provide support for budgetary and contractual decisions / actions as part of a cross-functional team. Appropriately escalate issues and concerns to procurement management and other functional areas such as Legal, Privacy, Compliance, etc.
  • Supplier Performance Management - to monitor, report, manage, and continuously improve supplier performance as part of a cross-functional team.
  • Category Team Membership to be an active member of a category team to influence the development and optimization of ongoing supplier and sourcing strategies.
  • Best Practice Sharing to generate work of a world class quality that is shared and transferred to colleagues throughout procurement.

Education Minimum Requirement :

  • HS Diploma / GED minimum
  • BS Degree Preferred
  • Required Experience and Skills :

  • Minimum 3 years experience in roles including but not limited to the academic research, pharmaceutical industry, clinical research or procurement.
  • Excellent interpersonal and communication skills. Formal presentations are required.
  • Ability to negotiate and influence stakeholders and suppliers in the context of a challenging clinical trial environment.
  • Must be adaptable in dealing with ambiguous and complex situation.
  • Highly Proficient in Excel
  • Able to effectively contribute to projects within diverse cross functional teams to achieve client, department, and company goals.
  • Preferred Experience and Skills :

  • Experience, either at a sponsor or Contract Resource Organization (CRO), working on outsourced services for clinical trials.
  • Proficiency working in Excel and Ariba
  • Superior analytical skills in evaluating complex research services budgets, comparing supplier bids and internal benchmarking data.
  • Relevant experience may include clinical trials management, outsourced clinical services, contract management, laboratory experience or relationship management related to clinical trials.
  • Experience in clinical trial central lab services is strongly preferred
  • Required Skills :

    Biopharmaceutical Industry, Clinical Development, Clinical Medicine, Clinical Research, Clinical Trials, Contract Lifecycle Management (CLM), Logistics, Medical Laboratories, Microsoft Office, Procurement, Stakeholder Negotiations, Stakeholder Relationship Management, Strategic Procurement, Strategic Procurement Planning, Supply Chain Sourcing

    Preferred Skills : Vendor Management

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    Sourcing Analyst • Rahway, NJ, US

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