Procurement Sourcing Specialist

ABOUT US

Arranta Bio is a rapidly growing and dynamic bio-pharmaceutical contract development and manufacturing organization (CDMO). Our vision is to be the best in class CDMO providing development and GMP manufacturing services to microbiome innovators within the pharmaceutical industry. Therapies focused on the human microbiome are exhibiting incredible potential towards revolutionizing disease etiology and associated medical treatments. Arranta Bio’s mission is to build a world class organization which provides microbiome bio-pharmaceutical innovators with a single source of supply from early process development through clinical and commercial GMP finished product.

 WHO ARE WE

Arranta hires people who are committed and passionate to the goal of bringing life enhancing products to patients. We want top talent who will render ideas and a relentless desire towards accomplishing our mission; when a job becomes a passion, it makes you feel ALIVE.

Here at Arranta Bio, we embrace ALIVE – our core values that we live and breathe daily! We are Agile, Leading, Innovating, Value Creating, and Engaging.

We embrace our challenges as opportunities.

We are empowered to think and act.

We never settle; we strive to improve through purposeful creativity.

We build aligned teams who learn, grow, and deliver.

We are committed to building strong relationships.

 Are you ready to come ALIVE with a daring and intrepid team?  Don’t wait another minute; Apply today!

JOB SUMMARY

 The role of Procurement/Sourcing Specialist will assist the Arranta Global sites in effecting more efficient sourcing processes to save costs and maximize profitability. They will be responsible to identify and negotiate with suppliers to obtain goods, materials, and services at the best prices by using strategic sourcing strategies and extensive knowledge of their commodity industry.

ESSENTIAL RESPONSIBILITIES

•  Create sourcing strategies to reduce risk and meet targets for the purchasing department to include cost savings and on-time delivery.
• Develop and ensure correct maintenance of stock levels.
• Identify and execute cost reduction projects including planning, coordinating with stakeholders, estimating completion, and project updates.
• Perform advanced quantitative and business processes analyses to identify financial impacts of decisions, cost improvement, and performance for assigned categories.
• Collaborate with stakeholders to define SLAs and KPIs for suppliers and measure the appropriate criteria, such as: delivery of business results, cost reduction, quality, and timeliness of delivery.
• Conduct research, perform benchmarking, and gather market analysis for assigned categories.
• Manage contracts to ensure the performance of the supplier to contract obligations and established preferred suppliers for assigned categories.
• Negotiate to maximize value and cost savings benefits while lowering risk.
• Create and implement management programs to develop, continuously improve, manage the performance of, and monitor KPIs of the supply base.
• Develop and lead efforts to reduce number of transactions for assigned categories.
• Provides early alerts to relevant stakeholders of delays and potential disruptions.
• Research alternative products as needed and coordinates approval of alternates with appropriate user departments and/or Quality Assurance.
• Participates in aggressive pursuit of cost reduction without compromising quality or delivery.
• Analyzes and strategizes supplier-base reductions based on consolidation of commodities or planned volume fluctuations. 
• Supports supply and supplier onboarding.
• Identifies non-repetitive items at lowest price consistent with desired quality and delivery date.
• Regularly interfaces with suppliers and stakeholders.
• Supports continuous improvement and problem solving as it relates to purchasing process and vendor relations.
• Assists in inventory warehouse projects including disposition of obsolete supplies, visual replenishment systems, etc. as needed.

Experience and Skills

•  Bachelor’s Degree with minimum 5 years supply chain experience
• Has experience reading and understanding purchasing documents, quotations, and basic contracts.
• Experience and competence in using integrated ERP software. 
• A strong knowledge of purchasing policies, procedures and practices including compliance with an ability to apply experience, as necessary. 
• Well versed in contract terminology and use of standard purchasing terms and conditions. 
• Strong critical thinking and analytical skills, including ability to diagnose root causes and provide effective and sustainable solutions.
• Must be proactive, exhibit continuous improvement mindset, and an ability to affect change and build consensus.
• Able to work comfortably with all levels of the organization (including top levels) in a global environment.
• Expert MS Office skills, emphasis on Excel and ability to complete complex spend or data analysis upon which business decisions will be based.
• Presentation skills.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The employee is frequently required to; sit, use hands to finger, and have substantial computer screen time. 
• The employee is occasionally required to walk, stoop, crouch.
• The employee may occasionally lift and/or move up to 10 pounds.
• Specific vision abilities required by this job include close vision, and ability to adjust focus.
• Communicate using telephone and e-mail.

BENEFITS

• Phone reimbursement policy for qualified individuals
• Free parking
• Highly competitive healthcare with many plan options:

• Medical (HMO/PPO/EPO)
• Dental
• vision

• Flexible Spending Accounts for medical expenses and dependent care expenses
• Up to 10 weeks of 100% paid maternity leave
• 2 weeks of 100% paid paternity, domestic partner, & adoption leave
• Educational assistance program
• 401k (traditional and Roth offered) with 100% match on first 5% deferred.
• A suite of Arranta Bio paid insurance coverage, including life insurance, short-term and long-term disability
• Voluntary legal assistance plan
• Employee Referral program
• Competitive PTO plan, in addition to 10 company paid holidays (includes 2 floating holidays)