Director Of Procurement

Philadelphia, PA, United States
Jul 23, 2021
Pharm Country
Required Education
Bachelors Degree
Position Type
Full time
Company Background:

Century Therapeutics is developing novel allogeneic living cell products for oncology that overcome the limitations of current cell therapies. Century's genetically-engineered, universal iPSC-derived immune effector cell products are designed to specifically target hematologic and solid tumor cancers. Our commitment to developing off-the-shelf cell therapies will expand patient access and provide an unparalleled opportunity to advance the course of cancer care.

Century's foundational technology is built on induced pluripotent stem cells (iPSCs) that have unlimited self-renewing capacity. This enables complex cellular engineering to produce controlled cell banks of modified cells that can be expanded and differentiated into desired immune effector cells, which can supply vast amounts of allogeneic, homogeneous therapeutic products. This platform differentiates Century from other approaches that utilize non-renewable donor-derived cells.


The Director of Procurement will serve the lead role overseeing the procurement processes including the sourcing, vendor selection, and contract administration. The role will require strong project management to build the procurement processes and policies, as well as integrating cross functionally within the supply chain team. Key interface with Finance, Research, Early Development, and Technical Development and Manufacturing to source and secure resources to enable research and development of our novel therapies. Individual will be responsible for building and managing relationships and key contacts across a vast array of vendors and suppliers. This is a hands-on leadership position with the opportunity to establish guidelines, processes, and systems as well as scale the overall function. As the company and our pipeline grows, this individual will grow and develop a team of procurement and supply chain professionals.

  • Build out of a new, multi-site procurement function across our four different locations, including development and implementation of corporate purchasing systems, policies, and procedures
  • Identify strategic sourcing strategies to purchase critical materials on time and at scale
  • Develop and build long-term relationships with key suppliers, vendors, stakeholders, and partners to aid in sourcing and overall management of materials, products and/or services, capital equipment, and other required resources to achieve organizational goals
  • Implement a contracts management system and provide oversight of the contract approval and renewal processes
  • Identify methods to measure supplier effectiveness and implement a supplier management process
  • Make recommendations and leverage industry insights, together with Functional Area Heads and Functional Leaders, to improve processes and reduce overall spending
  • Analyze market trends and supply chain conditions to forecast material availability and prepare market analysis reports for functional area use
  • Work with VP, Law and other senior stakeholders in supplier selection and negotiation of contracts
  • Provide expertise for new sourcing, contracts, service agreements, and capital equipment requirements
  • Internal ERP expert for purchasing systems, procurement, design, and support
  • Adhere to all CenturyTx Values and Behaviors and contribute authentically to the culture
  • Present at all-company, cross-functional, and team meetings and draft documents leveraging excellent verbal and written communication skills

  • Bachelor's degree required. Candidates will typically have an advanced degree such as a MA/MS in Finance, an MBA, and/or advanced certification such as a CPA along with 12+ years of relevant professional experience ideally in an industry setting.

  • Bachelor's degree
  • 12+ years of relevant professional experience
  • At least 5+ years of direct supply chain, purchasing, and/or procurement experience
  • Must have at least some industry experience/familiarity, preferably in biologics or cell therapy

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