Redwood City, CA30+ days ago
Key Responsibilities: Develop and implement sourcing strategies to achieve procurement goals and long-term business objectives Lead the creation and finalization of Site Clinical Trial Agreements (CTAs), CRO agreements, and Investigator Grant budgets Develop global contracting strategies, including site-specific timelines and templates to streamline trial start-up Manage supplier relationships to ensure high-quality, cost-effective products and services Oversee supplier performance through evaluations, KPIs, and continuous improvement initiatives Conduct market research and financial analysis to inform sourcing decisions and negotiate contracts Optimize supply chain performance and drive cost-saving initiatives across assigned categories Identify, assess, and mitigate supply-related risks Lead RFP processes and validate suppliers based on business and quality requirements Collaborate with internal teams to align strategies and resolve issues Investigate supplier-related issues or complaints and ensure corrective actions are completed Provide regular reporting and insights to senior leadership on sourcing performance and opportunities Contribute to procurement policy development, process improvements, and operational efficiencies Ensure adherence to contract terms, regulatory requirements, and company policies Stay current on industry trends, supply market intelligence, and best practices Qualifications: Bachelor's degree in a related field or equivalent work experience Minimum of 5 years of experience in sourcing, procurement, or supply chain management within the biotechnology or pharmaceutical clinical environment, with a strong understanding of the drug development process Experience in leading and supporting sourcing initiatives (rapid sourcing, targeted negotiations, supplier relationship management, outsourcing), including successfully negotiating economic terms with CROs and vendors Strong analytical, financial, and problem-solving skills Excellent verbal and written communication abilities; capable of engaging stakeholders at all levels Experience managing supplier portfolios and executing sourcing strategies Results-oriented, strategic thinker with the ability to lead complex projects Ability to work cross-functionally and influence decisions in a matrixed environment Experience negotiating contracts and resolving supplier disputes Ability to travel up to 10% (if applicable) Commitment to fostering diversity, equity, and inclusion within the supply base and workplace The pay range that the Company reasonably expects to pay for this headquarters-based position is $150,700 - $177,300; the pay ultimately offered may vary based on legitimate considerations, including geographic location, job-related knowledge, skills, experience, and education. With advanced clinical trials in patients with hypercortisolism, solid tumors, ALS and liver disease, Corcept is unlocking the power of cortisol modulation to help address some of the most devastating diseases patients face today.