Protagonist Therapeutics, Inc.

Director, Strategic Sourcing

Protagonist Therapeutics, Inc.$195K — $235K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of strategic sourcing experience, preferably in biotech or life sciences
  • Bachelor's degree in business, supply chain, procurement, finance, or a related field
  • Experience in contract negotiation and vendor management
  • Strong analytical skills for trend identification and strategy recommendation
  • Ability to handle multiple projects in a fast-paced environment

Responsibilities

  • Collaborate with teams to understand contract needs and align sourcing strategies
  • Analyze spend data and vendor performance for cost optimization recommendations
  • Build strong vendor relationships for service continuity and favorable terms
  • Lead quarterly business reviews to assess vendor performance against contracts
  • Conduct market research on best practices and vendor offerings
  • Prepare reports on savings, vendor performance, and sourcing initiatives for leadership
  • Track and report on KPIs related to cost savings and supplier relationships
  • Coordinate with travel vendors to secure optimal pricing for travel expenses

Benefits

  • 100% premium coverage for medical, dental, and vision for employees and dependents
  • Flexible Spending Accounts for healthcare, dependent care, and commuting
  • 401(k) Retirement Plan
  • Flexible Vacation Policy
  • Comprehensive Life Insurance options
  • Short and Long Term Disability coverage
  • Company provided lunches and snacks
Full Job Description
Director, Strategic Sourcing

Position Summary

We are seeking a highly skilled and motivated Director of strategic sourcing to join our growing team at Protagonist. This individual will play a key role in driving cost savings, optimizing supplier relationships, and ensuring operation efficiency across various categories, including but not limited to, CROs, IT, travel, contract renewals and manufacturing. The candidate will be responsible for negotiating better discounts, identifying cost-saving opportunities, and executing agreed-upon strategic sourcing initiatives.

We are committed to a thriving in-office culture. This role requires being on-site at our office in Newark, CA 4 days a week.

Responsibilities
  • Collaborate with internal teams to understand their contract requirements, budget constraints and align sourcing strategies and timelines.
  • Analyze spend data and vendor performance to recommend strategies for cost optimization.
  • Build and maintain strong relationships with vendors to ensure continuity of service and favorable terms.
  • Organize and lead quarterly business reviews with major vendors and assess their performance relative to the contract.
  • Conduct market research to stay abreast of industry best practices and new vendor offerings.
  • Prepare regular reports on savings, vendor performance and sourcing initiatives for senior leadership.
  • Track and report on KPIs related to cost savings, contract renewals and supplier relationships.
  • Coordinate with corporate travel vendor to ensure best pricing is obtained for travel and related expenses.

Required Skills & Qualifications
  • 5 years+ of strategic sourcing experience with a focus on biotech, life sciences or related industries. Negotiating with CROs preferable.
  • Bachelor's degree in business, supply chain, procurement, finance or related field.
  • Proven experience in contract negotiation, contract terms and vendor management.
  • Strong analytical skills with the ability to analyze spend data, identify trends and recommend related sourcing strategies.
  • Ability to drive multiple projects in a fast paced and dynamic environment.

Pay Range

The base pay range for this position at commencement of employment is expected to be between $195,000 and $235,000/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.

Benefits

A top priority for Protagonist Therapeutics, Inc. is to provide a robust and comprehensive health and wellness program for our employees and their families. We offer a variety of high-quality coverage and benefit options.
  • Health Care benefits. Protagonist covers 100% of the premium cost for medical, dental, and vision coverage for all full-time employees and their dependents.
  • Flexible Spending Accounts - Healthcare FSA, Dependent Care FSA, Commuter Benefits
  • 401(k) Plan
  • Flexible Vacation Policy
  • Life Insurance (Basic, Voluntary & AD&D)
  • Short Term & Long Term Disability
  • Company paid lunch and snacks

About Protagonist Therapeutics, Inc.

Protagonist Therapeutics, Inc. is a clinical-stage biopharmaceutical company that discovers and develops peptide-based therapeutics to address significant unmet medical needs. The company's pipeline includes PTG-300, an injectable hepcidin mimetic for the treatment of iron overload-related rare diseases, including beta-thalassemia and polycythemia vera; and PN-943, an oral, gut-restricted alpha-4-beta-7 integrin antagonist peptide for the treatment of inflammatory bowel disease. Protagonist Therapeutics, Inc. was founded in 2006 and is headquartered in Newark, California.
Learn more about Protagonist Therapeutics, Inc.
Size
122 employees
Market Cap
$483 million
Industry
Net Income
-$66.1 million
Founded
2001
Revenue
$28.6 million
NASDAQ

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