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Director of Procurement
| Company | GeneDx |
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| Location | Gaithersburg, MD, USA |
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| Salary | $150000 – $190000 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Expert or higher |
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Requirements
- Bachelor’s degree in Finance, Supply Chain Management or related field.
- 10+ years of progressive Procurement, Supply Chain, or Strategic Sourcing experience required.
- Proven track record of cost savings, supplier negotiations, and operational efficiency improvements in fast paced and unstructured business environments.
- Expertise in contract management, vendor relationship management, and risk mitigation.
- Experience with ERP systems (NetSuite) and implementing digital procurement platforms (Ariba, Coupa, Zip, etc.).
- Exceptional leadership, stakeholder management, and strategic planning skills.
- Strong analytical and problem-solving abilities, with a focus on continuous improvement and innovation.
Responsibilities
- Develop and implement a best-in-class procurement strategy to align with business goals.
- Lead contract negotiations, vendor selection, and cost-saving initiatives to optimize procurement spend.
- Oversee the sourcing of raw materials, equipment, IT, services, logistics, and capital expenditures.
- Develop and maintain strong supplier partnerships to ensure quality, cost efficiency, and innovation.
- Implement a supplier performance management framework, including KPIs, audits, and compliance checks.
- Identify and mitigate supply chain risks in collaboration with the supply chain team.
- Utilize ERP systems (NetSuite, etc.), other procurement tools, and automation to improve efficiency.
- Implement data-driven decision-making and advanced analytics for procurement insights and improvements.
- Standardize operating procedures for procurement team.
- Drive continuous improvement initiatives to enhance supply chain agility and resilience.
- Lead and mentor a high-performing procurement team.
- Work cross-functionally with key internal stakeholders: finance, lab operations, legal, and commercial teams to align strategies.
- Communicate procurement goals and impact to executive leadership and key stakeholders.
Preferred Qualifications
- Master’s degree, MBA or industry certifications (CPSM, CIPS, CPP, CSCP) preferred.
- Preferred experience in biotech, pharmaceutical, or life sciences industries.
