What are the responsibilities and job description for the Procurement Specialist II position at Inventprise?
About Inventprise
At Inventprise, developing innovative and widely available vaccines is in our DNA. By producing targeted vaccines for populations worldwide, we're addressing global health inequalities and empowering people to live healthy lives—no matter where they live. Headquartered in Redmond, WA, our goal is to deliver affordable, effective vaccines at large scale to Low and Middle-Income Countries, as well as populations in the U.S. and around the world. Inventprise is committed to creating a diverse and inclusive workplace, where our people are inspired to do their best work. We’re proud to have some of the world’s most qualified industry scientists, researchers, and manufacturing professionals on our team, and strive to create a vibrant, dynamic presence in the Washington State Life Sciences environment.
What the Role Offers - Procurement Specialist II
We are seeking a highly motivated and experienced Procurement Specialist II to join our dynamic procurement team. The Procurement Specialist II will be responsible for sourcing, negotiating, and purchasing materials, equipment, and services essential for our biotech research and development, and manufacturing operations. This role will contribute to cost savings, efficient supply chain management, and ensuring timely delivery of critical resources. The ideal candidate will possess a strong understanding of procurement principles, excellent negotiation skills, and a proven track record of success in a fast-paced biotech or related industry.
What You Need to Succeed
- Source and evaluate potential suppliers, negotiate contracts, and manage vendor relationships.
- Issue purchase orders and track order status to ensure timely delivery.
- Identify and implement cost-saving opportunities through strategic sourcing and negotiation.
- Maintain accurate procurement records and documentation.
- Conduct market research to stay informed of industry trends and supplier capabilities.
- Manage and procure various materials including but not limited to, lab supplies, chemicals, reagents, equipment, and services, specific to biotech applications.
- Develop and maintain strong relationships with key suppliers.
- Monitor supplier performance and address any issues or discrepancies.
- Conduct supplier audits and evaluations as needed.
- Resolve supplier disputes and negotiate favorable terms.
- Ensure compliance with all relevant procurement policies and procedures.
- Maintain accurate and up-to-date procurement records.
- Prepare and analyze procurement reports and metrics.
- Adhere to all regulatory requirements specific to biotech procurement (e.g., GMP, GLP).
- Collaborate with internal stakeholders, including research and development, manufacturing, and quality control teams, to understand their procurement needs.
- Provide timely and accurate information to stakeholders regarding procurement status and timelines.
- Work closely with quality assurance to ensure proper vendor qualification and material qualifications.
- Monitor inventory levels and ensure optimal stock levels.
- Assist in inventory control and management.
- Assist in the disposition of obsolete inventory.
Required Qualifications:
Educational Pre-requisites:
- Bachelor's degree in business administration, supply chain management, life sciences, or a related field.
- Minimum of 3-5 years of experience in procurement, preferably in the biotech, pharmaceutical, or related industry.
- Strong understanding of procurement principles and best practices.
- Excellent negotiation, communication, and interpersonal skills.
- Proficiency in using procurement software and ERP systems. Netsuite experience preferred.
- Proficient with Microsoft Office Suite (Word, Excel, PowerPoint)
- Strong attention to detail and organizational skills.
- Knowledge of GMP, GLP, and other relevant regulatory requirements is highly desirable.
- Experience with lab equipment, chemical, and reagent procurement is highly valued.
- Certified Professional in Supply Management (CPSM) or similar certification is a plus.
Physical Demands:
- Frequently use of office equipment that requires manual dexterity to operate (i.e. computers, phones, etc.).
- Occasional carrying, handling, and reaching for objects up to 30 pounds.
- Frequently sit or stand for long periods of time.
Mental Demands:
- Requires operational discipline to consistently focus and execute work-related tasks, with a minimum of human error and supervision. This involves self-checking of work immediately upon completion, and the ability to find / correct errors.
- Ability to elevate potential concerns/discrepancies to supervisors or management in a timely fashion.
- Ability to manage time effectively to coordinate multiple projects simultaneously required
- Ability to use problem-solving techniques to ensure project goals are met.
- Effective communication skills both verbal and written are necessary to communicate within different departments and with external clients, maintaining a professional demeanor.
- Ability to adhere to ethical standards of conduct as well as applicable state and federal laws.
Working Conditions:
- Onsite position in Redmond or Woodinville, WA. No remote or hybrid work is available for this position.
- Primarily this position involves working in an office environment.
- Occasional work in a temperature-controlled environment may be required.
- Ability to travel between facilities depending on business needs.
- Incumbents may be subjected to moving mechanical parts, odors, chemicals, extreme temperatures, inadequate lighting, workspace restrictions, and intense noises.
Estimated Base Salary:
- $77,288 - $82,461 Yearly DOE
- It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case.
- The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location.
Benefits:
- Medical, Dental, Vision, FSA, or HSA: Inventprise contributes 80% toward the Medical, Dental, and Vision coverage for the employee, and their enrolled spouse, and dependents. Medical plans are currently provided through Premera Blue Cross.
- 401(k) program: Inventprise offers both pre-tax 401(k) and post-tax Roth retirement savings plans, letting you decide how you want to save for the future. We also make an employer contribution of 3% of your total earnings each pay period, regardless of whether you contribute.
- Paid Time Off: Generous PTO, in addition to paid holidays.
- Stock & Bonus Plans: Employees are eligible to participate in the Company’s Bonus and Stock plans.
Our People-First Philosophy
At Inventprise, you’ll be part of a world-class team working on innovative vaccines and technologies that have global impact. Our people are an integral part of our strategy, allowing us to grow as a company and improve our performance year-over-year.
Our company was built on the belief that by working together, we have the ability to make the world a better place and improve lives. We have a growth mindset and are constantly looking for ways to enhance our contributions to improve global health. We believe that when we support each other and set high standards, we are able to do our best work.
Equal Opportunity Employer
Inventprise is an equal-opportunity employer. All qualified applications will receive consideration for employment without regard to race, age, gender, identity, sexual orientation, color, religion, sex, marital status, national origin, protected veteran status, disability status, or any other status protected by federal, state, or local law.
Salary : $77,288 - $82,461