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Executive Director, Procurement

Pacira BioSciences, Inc.
San Francisco, United Statesfull_timeVerifiedPosted 11 Oct 2024

About the role

About Pacira  Pacira BioSciences, Inc. is a leading provider of non-opioid pain management and regenerative health solutions dedicated to improving outcomes for health care practitioners and their patients. Our in-depth knowledge of non-opioid pain management, coupled with our passion for advancing patient care, drives our commitment to providing solutions that address unmet medical needs and improve clinical results.   Why work with us?  Rarely do you have an opportunity to do work that really matters. What drives us is our mission. What makes us successful are our people.  At Pacira, you are part of an inclusive culture that fosters collaboration, growth, and innovative thinking - a place where you can make an impact and help change the standard of care in non-opioid pain management. Be part of our movement, let’s pursue excellence together.  Summary:
The position will oversee the strategic planning and execution of all procurement functions, including direct and indirect sourcing for critical areas such as manufacturing, clinical, commercial/marketing, travel, and administrative areas, as well as procure-to-pay and employee expense processes. This role is accountable for driving value, ensuring cost efficiencies, supplier management and innovation, and managing risk across the organization. Reporting directly to senior leadership, the position requires strong cross-functional collaboration with internal stakeholders and suppliers to ensure alignment on sourcing strategies, contract negotiations, supplier performance, and ongoing continuous improvement initiatives. 
Essential Duties & Responsibilities: 
  • Lead the procurement function with a focus on strategic sourcing, cost optimization, supplier innovation, and risk management.
  • Develop and execute procurement strategies that align with company goals, focusing on value creation, innovation, and efficiency across categories.
  • Serve as a trusted advisor to executive leadership, providing insights and recommendations on procurement strategies and opportunities to support the company’s business objectives.
  • Define category objectives, strategies, and annual savings targets to drive cost reduction and optimize value across the organization.
  • Oversee end-to-end sourcing processes, including the preparation and management of requests for proposals (RFPs), negotiation of contract terms, and supplier selection.
  • Oversee end-to-end vendor payment processes and employee expense reimbursement, including the timely receipt, approval, and payment in accordance with established policies and procedures.
  • Drive excellence in post-contract evaluations, key performance indicator (KPI) development, service level agreements (SLAs), and supplier relationship management (SRM).
  • Implement and manage a robust supplier performance evaluation system, ensuring alignment with corporate goals and continuous improvement across the supply chain.
  • Develop a Total Cost of Ownership (TCO) culture that prioritizes long-term value creation and process improvements across all sourcing activities
  • Collaborate with senior leadership across commercial, finance, legal, operations, and clinical teams to ensure procurement strategies are fully aligned with business objectives.
  • Engage with key internal stakeholders to drive the procurement agenda, enhance transparency, and build consensus across functions.
  • Oversee the development and management of the procurement infrastructure, including policies, processes, and systems that support strategic sourcing initiatives and procurement-to-pay activities.
  • Continuously assess market trends, supplier landscapes, and industry best practices to drive procurement innovation and stay ahead of industry developments.
  • Drive operational efficiencies through the adoption of Lean/6-sigma methodologies and digital transformation initiatives within the procurement function.
  • Ensure compliance with internal controls, GAAP/SOX, and other financial and regulatory requirements.
  • Present procurement strategies, performance metrics, and cost-saving initiatives to senior leadership.
  • Track key performance indicators and supplier scorecards to monitor effectiveness.
Supervisory Responsibilities:Lead a growing team of procurement professionals, providing mentorship, performanc

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Company

Pacira BioSciences, Inc.

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