What are the responsibilities and job description for the Procurement Manager position at CorDx?
Who is CorDx？
CorDx a multi-national biotech organization focused on pushing the limits of innovation and supply in global health. With over 2,100 employees across the world, serving millions of users in over 100 countries, CorDx delivers rapid testing and point-of-care medical device solutions used in the detection of infectious disease such as COVID-19, pregnancy, drugs of abuse, biomarkers, and more. CorDx is at the cutting edge of technology, artificial intelligence, and data science with the goal of delivering diagnostic solutions to some of the most critical questions in healthcare.
Position SummaryThe Procurement Manager is responsible for developing and executing sourcing strategies, managing supplier relationships, negotiating commercial agreements, and ensuring uninterrupted supply of materials required for research, manufacturing, and commercialization of IVD products. The successful candidate will work cross-functionally with Operations, Manufacturing, R&D, Quality, Regulatory Affairs, Finance, and Logistics to optimize procurement performance while maintaining compliance with FDA and ISO 13485 requirements.
Key ResponsibilitiesStrategic Sourcing- Develop and execute procurement strategies aligned with business objectives.
- Source and qualify suppliers for critical raw materials, biological reagents, chemicals, consumables, packaging materials, and manufacturing components.
- Identify alternative suppliers and develop dual-source strategies to mitigate supply risks.
- Monitor supplier markets, industry trends, and pricing to improve sourcing decisions.
- Establish and maintain strong partnerships with domestic and international suppliers.
- Lead supplier selection, qualification, performance evaluations, and business reviews.
- Collaborate with Quality and Regulatory teams on supplier audits and corrective actions.
- Drive continuous supplier performance improvement in quality, delivery, service, and cost.
- Manage purchasing activities to ensure timely delivery of materials supporting manufacturing and R&D.
- Negotiate pricing, contracts, payment terms, and service agreements.
- Monitor inventory levels and collaborate with planning teams to maintain optimal stock levels.
- Resolve supply disruptions and develop contingency plans for critical materials.
- Identify and implement cost reduction initiatives without compromising quality or regulatory compliance.
- Analyze spend data and procurement metrics to improve purchasing efficiency.
- Support annual budgeting and forecasting activities.
- Partner with Manufacturing, R&D, Quality Assurance, Regulatory Affairs, and Finance to support new product introductions and product lifecycle management.
- Support supplier qualification and material validation for new products.
- Participate in design transfer and commercialization projects.
- Ensure procurement activities comply with FDA Quality System Regulation (21 CFR Part 820), ISO 13485, company policies, and applicable regulations.
- Maintain procurement documentation, supplier records, contracts, and purchasing procedures.
- Support internal and external quality audits.
- Bachelor's degree in Supply Chain Management, Business, Engineering, Life Sciences, or a related field.
- 5 years of procurement or strategic sourcing experience, with at least 3 years in the medical device, diagnostics, biotechnology, pharmaceutical, or life sciences industry.
- Experience negotiating supplier agreements and managing supplier relationships.
- Strong analytical, negotiation, and problem-solving skills.
- Excellent verbal and written communication skills.
- Proficiency with ERP/MRP systems (SAP, Oracle, NetSuite, Microsoft Dynamics, or similar).
- Advanced Microsoft Excel skills.
Fluent in both Chinese and English
- Experience in the In Vitro Diagnostics (IVD) industry.
- Familiarity with biological reagents, antibodies, antigens, enzymes, chemicals, plastics, instrumentation components, or laboratory consumables.
- Knowledge of FDA regulations, ISO 13485, GMP, and supplier quality management.
- Experience with global sourcing and international suppliers.
- APICS (ASCM), CPSM, or CPM certification is a plus.
- Ability to travel up to 20% as needed.
- Strategic Sourcing
- Supplier Relationship Management
- Contract Negotiation
- Cost Reduction & Spend Analysis
- Risk Management
- Supply Chain Planning
- Cross-Functional Leadership
- Project Management
- Data Analysis & Decision Making
- Continuous Improvement
- Supplier On-Time Delivery (OTD)
- Cost Savings Achievement
- Supplier Quality Performance
- Inventory Optimization
- Procurement Lead Time
- Supplier Risk Reduction
- Material Availability for Production
- Procurement Process Efficiency
- Competitive salary and annual performance bonus
- Comprehensive medical, dental, and vision insurance
- 401(k) with company match
- Paid Time Off (PTO) and company holidays
- Professional development and career growth opportunities
- Collaborative and mission-driven work environment
We are an Equal Opportunity Employer and are committed to creating an inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable law.