Manager, Purchasing

Arrowhead Pharmaceuticals
Arrowhead Pharmaceuticals Salary
Madison, WI Full Time
POSTED ON 4/3/2024

Arrowhead Pharmaceuticals, Inc. (Nasdaq: ARWR) is a clinical stage biopharmaceutical company that develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep, and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Arrowhead's RNAi-based therapeutics leverage this natural pathway of gene silencing.

Arrowhead is focused on developing innovative drugs for diseases with a genetic basis, typically characterized by the overproduction of one or more proteins that are involved with disease. The depth and versatility of our RNAi technologies enables us to potentially address conditions in virtually any therapeutic area and pursue disease targets that are not otherwise addressable by small molecules and biologics. Arrowhead is leading the field in bringing the promise of RNAi to address diseases outside of the liver, and our clinical pipeline includes disease targets in the liver and lung with a promising pipeline of preclinical candidates.

Arrowhead's corporate headquarters is in Pasadena, CA with research and development teams in Madison, WI and San Diego, CA. Our employees are nimble, science-driven innovators who are collaborating to bring new therapies to patients in need.

The Position

The Purchasing Manager will play a key role in driving initiatives that support procuring and purchasing goods and services to support company activities. This role requires strong attention to details and analytical skills to identify cost saving opportunities and ways to operate more efficiently. This role will have 2-3 direct reports focused on supporting R&D functions with procurement and purchasing activities including price negotiations, vendor management, spend analysis, purchasing and issue resolution. The right person would have strong managerial, relationship building and influencing skills.

Responsibilities

  • Partner with all R&D departments to understand their purchasing needs and drive sourcing, vendor and purchasing decisions
  • Manage 2-3 direct reports; support team with goal setting, prioritization, and addressing escalated matters; build and contribute to a positive and collaborative culture
  • Along with other purchasing and procurement managers, recognize and cultivate preferred vendor relationships and identify consolidation opportunities
  • Coordinate, lead, and participate in vendor business reviews
  • Support internal business partners with purchase requests, orders, track deliveries, and confirm receipt of off the shelf goods and material purchases with external suppliers and vendors; mitigate purchasing, delivery and/or lead time issues
  • Collaborate with Legal to negotiate contract and term negotiations
  • Identify and lead initiatives to improve processes and implement best in class procurement and purchasing practices
  • Work closely with FP&A and Accounting to ensure purchase orders correctly capture financial data, and procurement and purchasing processes are effective in ensuring financial discipline across the company
  • Support Accounts Payable with addressing vendor, invoice and purchase order discrepancies and lead efforts to streamline processes and improve cross-team interaction and effectiveness
  • Support company-wide initiatives for implementation of additional ERP functionality and future updates
  • Ensure governance with Arrowhead policies and procedures

Requirements:

  • Bachelor's degree in business with 2 years purchasing and procurement experience or Bachelor's degree in a Science with 5 years purchasing and procurement experience
  • Demonstrated ability to build and manage relationships with direct reports, internal stakeholders, and external stakeholders
  • Excellent communication, organizational, analytical, and critical thinking skills
  • Ability to work independently, manage multiple priorities, and manage timelines
  • Ability to identify opportunities for efficiencies and drive changes needed to implement
  • High attention to detail
  • Extensive experience using ERP system
  • Strong proficiency in Microsoft programs including Outlook, Excel, Work, and Powerpoint

Preferred:

  • Experience supporting life science R&D or manufacturing company
  • Two plus years of people leadership experience
  • Experience implementing Procure-to-Pay system

Arrowhead provides competitive salaries and an excellent benefit package.

All applicants must have authorization to work in the US for a company.

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Salary.com Estimation for Manager, Purchasing in Madison, WI
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