GenScript ยท 2 weeks ago
Procurement Specialist, Direct Materials
Piscataway, NJ
Full-time
Onsite
Entry, Mid Level
$60K/yr - $70K/yr
1+ years expGenScript Biotech Corporation is a global biotechnology group committed to enhancing health through biotechnology. The Procurement Specialist will support the sourcing and procurement of direct materials and consumables, manage vendor relationships, and drive strategic sourcing initiatives to ensure supply continuity and compliance with quality standards.
BiotechnologyGeneticsManufacturing
Responsibilities
Oversee material planning for Green Channel item replenishment to meet inventory KPIs while ensuring continuity of supply
Lead strategic sourcing and manage the procurement process for direct materials and consumables used in production, ensuring alignment with cost objectives, quality standards, and regulatory requirements
Develop alternative vendors for critical materials and components to ensure supply continuity and mitigate supply chain risks
Conduct category management to identify cost-saving opportunities through vendor consolidation and the use of alternative materials or components
Leverage negotiation, analytical, and market research skills to drive value through cost reduction initiatives. Track and report KPIs related to cost savings, cost avoidance, on-time delivery (OTD), and efficiency improvements
Execute vendor management by building supplier profiles, conducting regular business reviews, and securing both short- and long-term pricing contracts and Master Supply Agreements (MSAs)
Serve as the primary point of contact for negotiating and executing contracts and agreements in coordination with the legal team
Collaborate closely with production team to provide effective procurement support by understanding production processes, tracking changes in material consumption, and proactively addressing critical issues with urgency
Maintain active communication with suppliers of critical materials to stay updated on market conditions, ensure timely deliveries, and identify potential risks and opportunities
Work cross-functionally with quality, finance, and other departments to ensure procurement processes remain compliant with company policies and regulatory standards
Respond to internal and external audit challenges by providing complete and accurate procurement documentation and justifications
Qualification
Required
Bachelor's degree or higher in Business, Supply Chain Management, or a related field
Minimum of 1-3 years of experience in procurement, with a focus on direct materials
Strong negotiation, communication, and analytical skills
Proven capability to navigate a dynamic, fast-paced environment while adapting to shifting priorities and identifying opportunities
Preferred
Project management skills, with experience in procurement for lab projects preferred; this experience will be considered a significant advantage
Company
GenScript
GenScript USA, Inc. is a leading contract research organization (CRO) specialized in biological research and drug discovery/development
5001-10000 employees
H1B Sponsorship
GenScript has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (38)
2024 (28)
2023 (19)
2022 (11)
2021 (11)
2020 (12)
Funding
Current Stage
Public CompanyTotal Funding
unknown2015-12-31IPO
Leadership Team
Larry Wang
Co-Founder & Board Director
Shiniu Wei
Chief Financial Officer
Recent News
Morningstar.com
2025-11-10
Company data provided by crunchbase