What are the responsibilities and job description for the Lab Vendor Management Professional position at Frontage Laboratories?
Job Summary
The Laboratory Vendor Management Specialist is an essential member of the Frontage Central Lab team, responsible for managing and maintaining relationships with multiple laboratory vendors. This role involves evaluating vendor capabilities, negotiating contracts, and monitoring performance to ensure seamless clinical trials execution.
Key Accountabilities
- Evaluate Vendor Capabilities: Assess laboratory vendors' quality, cost, and capability to determine their suitability for Frontage Central Lab's needs.
- Negotiate Contracts: Obtain, analyze, and negotiate quotes from vendors for various laboratory services.
- Monitor Performance: Track and evaluate vendor performance based on predefined quality metrics to ensure compliance and quality.
- Manage Turnaround Times: Ensure vendors meet or exceed agreed-upon turnaround times for test results to maintain efficiency.
- Approve Invoices: Review and approve vendor invoices to ensure alignment with contracted terms.
- Harmonize Reference Ranges: Collaborate with vendors to harmonize reference ranges across different laboratories.
- Ensure Compliance: Verify that all vendors adhere to industry standards and regulations.
- Communicate Effectively: Serve as the primary point of contact between Frontage Central Lab and laboratory vendors to facilitate communication and resolve issues.
- Generate Reports: Produce regular reports on vendor performance, cost-effectiveness, and compliance to inform business decisions.
- Pursue Continuous Improvement: Identify opportunities for process improvements and cost savings to enhance Frontage Central Lab's operations.