Head of Strategic Sourcing & Procurement
$275k - $295k USD
About Apogee Therapeutics
Founded in 2022, Apogee Therapeutics, Inc. (Ticker: APGE) is a well-funded, Nasdaq listed company that offers the opportunity to work in a fast-paced, highly dynamic environment. At Apogee, you can actively contribute to shaping the company culture, take on various roles and responsibilities, and grow professionally.
Apogee Therapeutics is a clinical-stage biotechnology company advancing novel biologics with potential for differentiated efficacy and dosing in the largest I&I markets, Apogee’s antibody programs are designed to overcome limitations of existing therapies by targeting well-established mechanisms of action and incorporating advanced antibody engineering to optimize half-life and other properties. Zumilokibart (APG777), the company’s most advanced program, is being initially developed for the treatment of atopic dermatitis (AD), which is the largest and one of the least penetrated I&I markets, as well as asthma. With four validated targets in its portfolio, Apogee is seeking to achieve best-in-class efficacy and dosing through monotherapies and combinations of its novel antibodies. Based on a broad pipeline and depth of leadership and expertise, the company believes it can deliver value and meaningful benefit to patients underserved by today’s standard of care.
We are a fast-paced company committed to building an exceptional culture, founded on our C.O.R.E. values: Caring, Original, Resilient and Egoless and a commitment to refusing to stop at “good enough”.
If this sounds like you, keep reading!Role Summary
We are seeking a Head of Strategic Sourcing & Procurement. In this newly created position, you will lead Apogee’s strategic sourcing and procurement function as we continue to grow into a later stage clinical development and potentially commercial biotechnology company. Reporting to the SVP of Finance, you will have the opportunity to establish this critical function and build it as the company grows. A key component of this role is to build and manage long-term, mutually beneficial vendor relationships that drive value and support the company's mission to improve treatment options for patients living with I&I conditions. Additionally, you will act as a strategic partner with functional business partners across the company, in particular clinical development, clinical operations, manufacturing, and legal and other SG&A functions to work on supplier selection and developing and negotiating contracts and enforcing terms.
Key Responsibilities:
- Develop and implement an enterprise-wide strategic sourcing and procurement framework that encompasses best in class processes for vendor sourcing, selection, qualification, risk assessment, onboarding, performance management, and lifecycle governance, ensuring alignment with business objectives, regulatory requirements, and quality standards
- Develop and implement end-to-end procurement strategies and processes, including aligning procurement activities with the overall business goals and objectives
- Oversee procurement operations, ensure efficiency, cost-effectiveness, and compliance with company policies and regulations and ensure that all procurement activities are conducted efficiently and effectively, from requisition to payment
- Manage the RFPs/RFQs/RFIs process, review materials in partnership with business stakeholders and legal
- Negotiate contracts to secure favorable terms and conditions for the company in partnership with functional business partners and legal
- Identify, evaluate, and select partners that are qualified to meet Apogee’s needs in terms of cost, quality, delivery, and innovation
- Develop criteria for and manage Apogee’s preferred vendor list
- Conduct spend analysis across functional areas to gain a comprehensive understanding of spending patterns, supplier performance, and potential cost-saving opportunities
- Build and maintain strong relationships with key suppliers, fostering collaboration and ensuring quality and reliability, manage performance and taking corrective action when necessary
- Monitor and analyze procurement performance, track key performance indicators (KPIs) to identify areas for improvement and drive continuous improvement
- Ensure that all procurement activities are conducted within functional budget constraints
- Ensure compliance with all relevant laws, regulations, and company policies
- Stay informed about the latest trends and technologies in the strategic sourcing and procurement industry and share knowledge across the company
Ideal candidate
- Minimum of 15 years of relevant experience; minimum of 8 years leading a strategic sourcing and procurement function in the pharmaceutical/biotech industry
- Bachelor's degree required, advanced degree preferred
- Experience leading and building strategic sourcing and procurement capabilities in a high growth clinical development environment required, commercial experience preferred
- Solid understanding of the overall drug development process with an emphasis on clinical trials, CRO vendor management, clinical supply chain and commercial manufacturing
- Ability to lead cross functional teams and develop strong partnerships internally and externally
- Deep understanding of contract terms, provisions, and their impacts to the business; extensive experience negotiating complex agreements across all functions
- Can manage multiple programs/projects, sound organizational and time management skills
- Ability to develop concise presentations to convey complex issues at all levels including senior management, board of directors and key stakeholders
- Ability to adapt and effectively problem solve through partnering with stakeholders in a constructive manner, and operate in a fast-paced environment
- This position requires up to 20% domestic and/or international travel including mandatory in-person attendance at All Hands meetings typically held twice per year
The anticipated salary range for candidates for this role will be $275,000 - $295,000/ year. The final salary offered will depend on several factors, which may include, but is not limited to relevant years of experience, educational background, and geography.
What We Offer
- A great culture, grounded in our C.O.R.E. values: Caring, Original, Resilient and Egoless
- Opportunity to work in a fast-paced, highly dynamic environment where you help shape the culture and company, wear multiple hats, and learn quickly
- Market competitive compensation and benefits package, including base salary, performance bonus, equity grant opportunities, health, welfare & retirement benefits
- We provide competitive time off, including three weeks PTO, two one-week company-wide shutdowns a year and dedicated paid sick leave
- Commitment to growing you professionally and providing access to resources to further your development
- Apogee offers regular all team, in-person meetings to build relationships and problem solve
E-Verify Participation: As part of the I9 verification of authorization to work in the US, Apogee participates in E-Verify. To learn more about E-Verify please review this poster.
Apogee Therapeutics is proud to be an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
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