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Senior Manager, Procurement & Vendor Management

Princeton, NJ

About Summit:

Summit Therapeutics Inc. is a biopharmaceutical oncology company with a mission focused on improving quality of life, increasing potential duration of life, and resolving serious unmet medical needs. At Summit, we believe in building a team of world class professionals who are passionate about this mission, and it is our people who drive this mission to reality. Summit’s core values include integrity, passion for excellence, purposeful urgency, collaboration, and our commitment to people. Our employees are truly the heart and soul of our culture, and they are invaluable in shaping our journey toward excellence.

Summit’s team is inspired to touch and help change lives through Summit’s clinical studies in the field of oncology. Summit has multiple global Phase 3 clinical studies, including:

Non-small Cell Lung Cancer (NSCLC)

  • HARMONi: Phase 3 clinical study which was intended to evaluate ivonescimab combined with chemotherapy compared to placebo plus chemotherapy in patients with EGFR-mutated, locally advanced or metastatic non-squamous NSCLC who were previously treated with a 3rd generation EGFR TKI.

  • HARMONi-3: Phase 3 clinical study which is intended to evaluate ivonescimab combined with chemotherapy compared to pembrolizumab combined with chemotherapy in patients with first-line metastatic NSCLC.

  • HARMONi-7: Phase 3 clinical study which is intended to evaluate ivonescimab monotherapy compared to pembrolizumab monotherapy in patients with first-line metastatic NSCLC.

Colorectal Cancer (CRC)

  • HARMONi-GI3: Phase 3 clinical study intended to evaluate ivonescimab in combination with chemotherapy compared with bevacizumab plus chemotherapy.

Ivonescimab is an investigational therapy not presently approved by any regulatory authority other than China’s National Medical Products Administration (NMPA). Summit is headquartered in Miami, Florida, and has additional offices in California, New Jersey, the UK, and Ireland.

Overview of Role:

The Senior Manager, Procurement & Vendor Management will play a key role in develop sourcing strategies and supplier oversight to ensure high-quality management of the clinical studies conducted by Summit and will report into the Senior Director of Procurement and Vendor Management. The successful incumbent will be responsible for strategic outsourcing, contracts negotiation, budget management, and vendor governance activities across a wide range of external providers in R&D. Moving forward, this role could expand to take on other additional responsibilities in Procurement.

Role and Responsibilities:

  • Implement R&D category sourcing plans (Clinical Operations, Medical Affairs and others as needed) with a focus on quality, value and cost savings
  • Provide input and feedback to strategic procurement processes and best practices
  • Manage the outsourcing/RFX process, vendor selection & qualification, and MSA review
  • Negotiate contracts, rate cards and pricing terms; manage CRO/clinical budgets seeking cost efficiencies
  • Collaborate effectively with business stakeholders in Clinical, R&D, Legal, and Finance, as needed to review, amend, negotiate and complete the contracts
  • Build strong relationship with suppliers and facilitate vendor governance process by instituting quarterly business review meetings with key suppliers as appropriate, based on vendor segmentation
  • Monitor vendor performance by reviewing score cards, quality incidents, KPIs, SLAs, and risks/issues
  • Help maintain contract trackers for various projects and enter contract requests into the Summit legal portal
  • Assist and work with senior management on continuous improvement of procurement processes, and special projects
  • Support drug supply and CMC projects as needed
  • All other duties as assigned


Experience, Education and Specialized Knowledge and Skills:

  • Minimum BA/BS degree or relevant graduate degree preferred
  • Minimum of 10+ years of experience in a Procurement/Vendor Management environment in a pharmaceutical, CRO/ biotech company or worked in a clinical R&D operations setting with a CRO/Sponsor company
  • Good understanding of the drug development R&D process is important
  • Knowledge of outsourcing for clinical trial-related services for large global studies to CROs, central labs, Imaging, drug supply, CMC vendors, and ancillary suppliers. Oncology experience preferred
  • Demonstrated ability to multi-task, prioritize, and independently solve problems in a rapidly changing environment
  • Proficient user of standard MS Office suite (e.g., Word, Excel), experience using electronic document management systems, and document review tools desirable
  • Strong computer and database skills
  • Attention to detail, accuracy and confidentiality
  • Clear and concise oral and written communication skills
  • Excellent organizational skills
  • Critical thinking, problem solving, ability to work independently
  • Must be able to effectively multi-task and manage time-sensitive and highly confidential documents
  • Communicate effectively and articulate complex ideas in an easily understandable way
  • Prioritize conflicting demands
  • Work in a fast-paced, demanding and collaborative environment

This is the pay for this position

Pay Transparency

$148,000 - $174,000 USD

 

Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience, certifications, and specific work location. This may be different in other locations due to differences in the cost of labor. The total compensation package for this position may also include bonus, stock, benefits and/or other applicable variable compensation.

Summit does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Summit’s Talent Acquisition team at recruiting@smmttx.com to obtain prior written authorization before referring any candidates to Summit.

Summit Therapeutics Inc. is an Equal Opportunity Employer and takes pride in creating and maintaining diverse environment. We do not discriminate in recruitment, hiring, training or promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.

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