Procurement Manager

Unique opportunity to make an Impact in the healthcare industry…

Revival Research Institute, LLC is a Clinical Research organization with multiple sites located nationally throughout the United States. Established in 2015 and headquartered in the Metro-Detroit Region, Revival Research Institute now has a presence in Texas, Illinois, Nebraska, and North Carolina, with experience in multiple different indications. Nationally acknowledged for our diligence to provide the highest quality of data for our clinical studies.

A Procurement Manager in a clinical research company plays a vital role in managing and overseeing the company's procurement activities. Their responsibilities are critical for ensuring the efficient and effective acquisition of goods and services necessary for the company's operations, particularly those related to clinical trials and research activities. Here is an overview of the roles, responsibilities, and preferred qualifications for a Procurement Manager in this context:
Roles and Responsibilities

1. Vendor Management:
   • Identify, evaluate, and select vendors/suppliers to ensure they meet the company's standards for quality, cost-effectiveness, and reliability.
   • Negotiate contracts and terms with suppliers, including prices, timelines, and quality specifications.
   • Maintain strong relationships with suppliers while managing supplier performance to ensure contractual commitments are met.
2. Strategic Sourcing:
   • Develop and implement strategic sourcing strategies that align with the company’s goals, particularly focusing on the acquisition of clinical trial materials, medical equipment, and other research-related goods and services.
   • Conduct market research to stay informed about trends and developments that may affect procurement strategies.
3. Budget Management and Cost Control:
   • Monitor spending against budgets and implement cost-saving measures without compromising quality or timelines.
   • Provide regular reports and analysis on procurement expenditures and savings.
4. Compliance and Quality Assurance:
   • Ensure procurement activities comply with regulatory and ethical standards, including those specific to clinical research (e.g., Good Clinical Practice).
   • Work closely with quality assurance teams to ensure that products and services procured meet the necessary quality standards and specifications.
5. Risk Management:
   • Identify potential risks associated with suppliers or procurement activities and develop strategies to mitigate these risks.
   • Ensure there are contingency plans in place for critical supply chains.
6. Cross-functional Collaboration:
   • Collaborate with various departments, such as research and development, clinical operations, and finance, to understand their procurement needs and timelines.
   • Participate in project planning and meetings to provide insights on procurement capabilities and constraints.

Preferred Qualifications

• Educational Background: Bachelor’s degree in business administration, or a related field. Advanced degrees or certifications in procurement (e.g., CPSM) are highly advantageous.
• Experience: Several years of procurement experience, preferably in the pharmaceutical, biotechnology, or clinical research industry, with a track record of successful vendor management and strategic sourcing.
• Skills:
  • Strong negotiation and contract management skills.
  • Excellent communication and interpersonal skills for effective vendor and team interactions.
  • Analytical skills for evaluating suppliers, analyzing cost structures, and managing budgets.
  • Knowledge of regulatory requirements and quality standards relevant to clinical research and pharmaceutical procurement.
  • Proficiency in procurement software and systems.
• Other Requirements: Understanding of the clinical trial process and the specific needs and challenges associated with procuring for clinical research activities. Familiarity with international procurement and logistics can also be beneficial due to the global nature of clinical trials.

The role of Procurement Manager in a clinical research company is both strategic and operational, requiring a blend of analytical, managerial, and interpersonal skills. The goal is to ensure that the company can secure the goods and services it needs to conduct clinical research efficiently, cost-effectively, and in compliance with industry standards and regulations.