VP, Strategic Sourcing & Procurement

Summary

Join Apogee Therapeutics, a Nasdaq-listed biotechnology company, as their new Strategic Sourcing and Procurement leader. In this newly created role, you will establish and manage the company's procurement function, building and maintaining vendor relationships. Key responsibilities include developing sourcing strategies, managing RFPs, negotiating contracts, and ensuring compliance. The ideal candidate possesses extensive experience in pharmaceutical/biotech procurement, a strong understanding of drug development, and proven leadership skills. This position offers a competitive salary, benefits package, flexible PTO, and professional development opportunities. Apogee is committed to building an exceptional company culture based on its C.O.R.E. values.

Requirements

• Minimum of 18 years of relevant experience; minimum of 5 years leading a strategic sourcing and procurement function in the pharmaceutical/biotech industry
• Bachelor's degree required, advanced degree preferred
• Experience leading and building strategic sourcing and procurement capabilities in a high growth clinical development environment
• Solid understanding of the overall drug development process with an emphasis on clinical trials, CRO vendor management, clinical supply chain and commercial manufacturing
• Ability to lead cross functional teams and develop strong partnerships internally and externally
• Extensive experience negotiating complex agreements across all functions
• Can manage multiple programs/projects, sound organizational and time management skills
• Ability to develop concise presentations to convey complex issues at all levels including senior management, board of directors and key stakeholders
• Ability to work under uncertainty and to resolve conflict in a constructive manner and operate in a fast-paced environment
• This position requires up to 20% domestic and/or international travel

Responsibilities

• Develop a sourcing strategy, landscape analysis, engage with potential vendors, and support business stakeholders to select the most suitable partners
• Identify, evaluate and select partners that are qualified to meet Apogee’s needs in terms of cost, quality, delivery, and innovation
• Develop and implement procurement strategies, including aligning procurement activities with the overall business goals and objectives
• Manage the RFPs/RFQs/RFIs process, review materials in partnership with business stakeholders and legal
• Develop criteria for and manage Apogee’s preferred vendor list
• Conduct spend analysis across functional areas to gain a comprehensive understanding of spending patterns, supplier performance, and potential cost-saving opportunities
• Build and maintain strong relationships with key suppliers, fostering collaboration and ensuring quality and reliability, manage performance and taking corrective action when necessary
• Negotiate contracts to secure favorable terms and conditions for the company in partnership with functional business partners and legal
• Oversee procurement operations, ensure efficiency, cost-effectiveness, and compliance with company policies and regulations and ensure that all procurement activities are conducted efficiently and effectively, from requisition to payment
• Monitor and analyze procurement performance, track key performance indicators (KPIs) to identify areas for improvement and drive continuous improvement
• Ensure that all procurement activities are conducted within functional budget constraints
• Ensure compliance with all relevant laws, regulations, and company policies
• Stay informed about the latest trends and technologies in the strategic sourcing and procurement industry and share knowledge across the company

Benefits

• A great culture, grounded in our C.O.R.E. values: C aring, O riginal, R esilient and Egoless
• Opportunity to work in a fast-paced, highly dynamic environment where you help shape the culture and company, wear multiple hats, and learn quickly
• Market competitive compensation and benefits package, including base salary, performance bonus, equity grant opportunities, health, welfare & retirement benefits
• Flexible PTO
• Two, one-week company-wide shutdowns each year
• Commitment to growing you professionally and providing access to resources to further your development
• Apogee offers regular all team, in-person meetings to build relationships and problem solve