Acadia Pharmaceuticals Inc. · 1 day ago
Associate Director, Sourcing and Procurement
Princeton, NJ
Full-time
Hybrid
Lead/Staff, Director/Executive
$141K/yr - $176K/yr
10+ years expAcadia Pharmaceuticals is committed to innovative treatments for neurological and rare diseases. The Associate Director of Sourcing and Procurement will lead the development of sourcing strategies and manage vendor relationships to support the company's drug development efforts.
BiotechnologyHealth CarePharmaceutical
Responsibilities
Develop both immediate & long-term global sourcing strategies including potential vendor risk mitigation plans for Acadia drug substance and development teams
Lead the efforts to monitor and improve key vendor performance including implementing supplier KPIs
Proactively work with business stakeholders to identify their sourcing need & responsible for the negotiations & executions of all top vendor contracts
Strong track record of identifying saving opportunities and executing sourcing projects
Able to assess and benchmark existing vendors in pharma industry is highly preferred
Collaborate with manufacturing/quality teams to identify/monitor/mitigate supply chain risks proactively
Work closely with the rest of the Sourcing team to align and improve current sourcing processes
Collaborate with financial planning team on vendor cost forecasting, budgeting, and saving validation
Qualification
Required
10+yrs sourcing experience and category knowledge of drug substance/APIs &excipients in a pharma
Experience working with international vendors and work in their time zones as needed
Deep understandings of pharma/biotech supply chain, quality, and regulatory requirements
Strong vendor spend data analysis skill and financial reporting capabilities
Proficient system knowledge of S2P(Coupa), ERP (NetSuite) and MS tools such as Smartsheet
Familiarity with sourcing saving report methodology and associated tools such as Smartsheet
BS/BA or equivalent combination of relevant education
Ability to take initiative, be flexible, exercise good judgment, interface with all levels of management
Excellent “attention to detail” skills to ensure the most efficient contract solutions are achieved
Willing to go beyond and look for new innovative ways to bring in tangible results/savings
Strong negotiation, influencing, and conflict resolution skills
Ability to interpret and comprehend contract documentation
Available for up to 10% domestic or international travel as needed
Preferred
Able to assess and benchmark existing vendors in pharma industry is highly preferred
Benefits
Medical, dental, and vision insurance
Employer-paid life, disability, business travel and EAP coverage
401(k) Plan with a fully vested company match 1:1 up to 5%
Employee Stock Purchase Plan with a 2-year purchase price lock-in
15+ vacation days
13 -15 paid holidays, including office closure between December 24th and January 1st
10 days of paid sick time
Paid parental leave benefit
Tuition assistance
Company
Acadia Pharmaceuticals Inc.
Acadia Pharmaceuticals develops and commercializes small molecule drugs for the treatment of central nervous system disorders.
501-1000 employees
H1B Sponsorship
Acadia Pharmaceuticals Inc. 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
2021 (1)
Funding
Current Stage
Public CompanyTotal Funding
$811.73MKey Investors
National Institute of Neurological Disorders and StrokeOxford Bioscience PartnersNational Institute of Mental Health
2019-09-17Post Ipo Equity· $287.5M
2018-11-30Post Ipo Equity· $316.25M
2013-01-02Post Ipo Equity· $86.39M
Leadership Team
Catherine Adams
Chief Executive Officer
Steve Davis
President and CEO
Recent News
2025-11-20
Company data provided by crunchbase