Procurement Specialist, Direct Materials
Confirmed live in the last 24 hours
Genscript
Compensation
$55,000 - $65,000/year
Job Description
About GenScript
GenScript Biotech Corporation (Stock Code: 1548.HK) is a global biotechnology group. Founded in 2002, GenScript has an established global presence across North America, Europe, the Greater China, and Asia Pacific. GenScript's businesses encompass four major categories based on its leading gene synthesis technology, including operation as a Life Science CRO, enzyme and synthetic biology products, biologics development and manufacturing, and cell therapy.
GenScript is committed to striving towards its vision of being the most reliable biotech company in the world to make humans and nature healthier through biotechnology.
Job Title: Procurement Specialist, Direct Materials
Location: Piscataway, NJ or Redmond, WA
Employment Status: Full Time
Reports to: Senior Procurement Manager
Role Description
This role will support the end-to-end sourcing and procurement of direct materials and consumables to support production. Key duties include ensuring daily operations meet SLA (service level agreement)/ KPI (Key Performance Indicators) targets, overseeing material planning for critical items, and driving strategic sourcing initiatives. The candidate will manage vendor relationships, negotiate contracts, and identify cost-saving opportunities through category management and market analysis. Close collaboration with cross-functional teams is essential to ensure supply continuity, compliance with quality and regulatory standards, and readiness for audit requirements.
The estimated salary range is $55,000 - $65,000, based on experience.
Job Responsibilities:
- Oversee material planning for Green Channel item replenishment to meet inventory KPIs while ensuring continuity of supply.
- Lead strategic sourcing and manage the procurement process for direct materials and consumables used in production, ensuring alignment with cost objectives, quality standards, and regulatory requirements.
- Develop alternative vendors for critical materials and components to ensure supply continuity and mitigate supply chain risks.
- Conduct category management to identify cost-saving opportunities through vendor consolidation and the use of alternative materials or components.
- Leverage negotiation, analytical, and market research skills to drive value through cost reduction initiatives. Track and report KPIs related to cost savings, cost avoidance, on-time delivery (OTD), and efficiency improvements.
- Execute vendor management by building supplier profiles, conducting regular business reviews, and securing both short- and long-term pricing contracts and Master Supply Agreements (MSAs).
- Serve as the primary point of contact for negotiating and executing contracts and agreements in coordination with the legal team.
- Collaborate closely with production team to provide effective procurement support by understanding production processes, tracking changes in material consumption, and proactively addressing critical issues with urgency.
- Maintain active communication with suppliers of critical materials to stay updated on market conditions, ensure timely deliveries, and identify potential risks and opportunities.
- Work cross-functionally with quality, finance, and other departments to ensure procurement processes remain compliant with company policies and regulatory standards.
- Respond to internal and exter
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