Manager, R&D Procurement

Employment as a Contingent Worker aligns well with individuals seeking career flexibility and non-traditional work arrangements, while also being motivated to produce exceptional results in prominent roles. Magnit Direct Source is a service provided by Magnit Global that connects top-tier talent directly to an industry-leading company. Daiichi Sankyo, Inc. and Magnit Global, in collaboration, offer flexible contingent assignments across diverse projects creating opportunities for engaging work. 

As a Contingent Worker, you will not be employed Daiichi Sankyo, Inc. You will be employed by our Managed Service Provider, Magnit Global, which oversees the majority of our temporary contract recruitment. Manager, R&D Procurement (Level II or Level III) - based on years of experience. Preference to local candidate to be based in NJ and come onsite 1-4 times a week as needed (average is onsite 2 days a week).

The purpose of this job is to work with DS teams to assess, select, negotiate and execute clinical trial vendor 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.

Expertise in complex outsourcing models supporting Clinical R&D and PhI to PhIV outsourced services (e.g., CRO, core labs, Biomarker, central labs);
Must have strong problem-solving skills and is able to work in complex categories. Follow all 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 through 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. May assist with the development of a sourcing strategy by spending category that reduces costs, reduces timelines and improves quality.

Develops detailed bid analysis for the R&D functional group’s review. May be involved in other ad hoc special projects as they arise. Communication
- Leads contracts 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. Contract Execution
- Builds content of the contract, verifies the unitized budget against the needs, conducts rigorous negotiation of business 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 contracts on a timely basis. Management and oversight of clinical development contracting process, review and approval in accordance with company polici Negotiations
- Advanced negotiation skills to drive cost savings. Thinking and acting strategically to drive continuous improvement. Ensure optimal partnerships with internal stakeholders and outside vendors to deliver commitments with a high level of value, quality and performance. Interpersonal skills
- Manage and maintain collaborative relationships within R&D, Legal, Quality and Finance, as well as with external parties. Ability to eliminate barriers to resolve procurement and contract issues in a timely manner.

Experience:

Minimum…