Senior Procurement Manager Contract Full Time

3 weeks ago

United Kingdom invoX Pharma Limited Full time

Senior Procurement Manager (R&D)
Department: Procurement & Supply Chain
Employment Type: Permanent - Full Time
invoX is a research-driven global biopharmaceutical company using next-generation technology platforms to discover and develop innovative medicines that can change the lives of people around the world. Our vision is to be a leading global biopharmaceutical company with an advancing pipeline of products addressing the unmet healthcare needs of patients.
To help continue our growth and success, we are looking for a Senior Procurement Manager . This position will be focused on supporting R&D procurement . invoX is a wholly owned subsidiary of Sino Biopharmaceutical Limited, a Hong Kong listed global top 40 pharmaceutical company with more than 24,000 employees.
The Senior Procurement Manager is a pivotal role in the invoX function, serving as a strategic business partner. The roles contribution goes beyond cost savings, extending to building relationships internally with key stakeholders and externally with key suppliers ensuring the delivery of high-quality goods and services. Strategic Procurement - Lead the development, management, and implementation of comprehensive strategies in alignment with key stakeholder and business objectives to deliver benefits that significantly impact invoX financial results, whilst meeting all business requirements including supply, quality, regulatory, service.
Supplier Relationship Management – Develop and implement SRM processes to build strategic relationships with key suppliers to maximise the value of the relationship and drive optimal performance.
Contract Development and Management - Negotiate, create and execute global contracts with suppliers to secure advantageous terms for invoX. Ensure regional partner considerations are taken into account in global supplier negotiations and contracts. Support implementation of catalogues to drive benefits on tail spend. Support development of contract templates.
Risk Management - Protect invoX revenue streams by managing supply security through robust risk management and ensure regulatory compliance.
Cost Optimisation – Conducting contract reviews, updating budget plans, implementation of cost reduction initiatives.
Drive CI programmes at suppliers to reduce cost, improve Quality and reduce risk. Implement CI programmes internally to improve procurement processes.
Procurement Processes – Development and roll out of procurement policies and processes to improve the service provided to the business.
Collaboration – Work collaboratively with the wider procurement and business teams to leverage collective expertise and share best practice.
The Senior Procurement Manager requires expertise in global procurement, strategic sourcing, contract negotiation and management. Successful execution involves collaborative efforts with cross-functional teams to optimise the supply base to ensure reliable and high quality supply, and service excellence while maintaining cost-effectiveness aligned with the business model. The role requires excellent skills in cross-functional collaboration, leadership, risk management, technological proficiency, and a dedicated commitment to continuous improvement in in the internal and external environment.
Procurement experience within a research and development environment.
Experience of international procurement.
Proven track record in strategic sourcing, supplier relationship management and contract negotiation.
Demonstrated success in implementing cost effective procurement strategies.
Ability to operate independently, influencing senior management.
Bachelor’s degree, ideally within related subject.
Further procurement qualifications (Masters Degree, CIP’s etc)
Strong Excel skills; Energetic, self-motivated & result driven but also flexible and rapid adaption to change.
We are ambitious so we work hard to create an environment where we can take smart risks.

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