Associate Director, Procurement
ConfidentialWe are LOTTE BIOLOGICS ! Delivering Therapies That Enable a Healthier World . A new company, built on 80 years of tradition. We embody our core values of being Inspired by Science , Embracing Diversity , Fostering Talent , and Connecting Lives . Our mission is to be the most trusted partner in the industry, with high standards of quality and continuous innovation, to reliably deliver benefits for patients worldwide. Position Summary The Associate Director, Procurement is responsible for leading strategic sourcing, supplier management, procurement operations, and contract negotiations in support of LOTTE Biologics' business objectives. This role develops sourcing strategies that drive cost efficiency, supply continuity, quality, and risk mitigation while supporting a dynamic cGMP manufacturing environment. The Associate Director serves as a key partner to Supply Chain, Manufacturing, Quality, Engineering, Facilities, Finance, Legal, and Project Management teams to ensure reliable procurement of direct materials, indirect goods, capital equipment, and services. This position leads a team of procurement professionals, fosters strong supplier relationships, and drives continuous improvement initiatives that support operational excellence and organizational growth. Duties & Responsibilities Develop and execute procurement and sourcing strategies that optimize quality, service, cost, supply continuity, and supplier performance while supporting business objectives and long-term organizational growth. Develop, qualify, and manage strategic supplier relationships to ensure supply continuity, quality, service, innovation, and cost competitiveness Partner with Supply Chain and operational stakeholders to implement inventory optimization and supply continuity strategies. Oversee procurement operations supporting direct materials, indirect goods, purchased services, and capital expenditures, ensuring alignment with business priorities, compliance requirements, and operational objectives. Lead strategic sourcing and supplier selection activities, including competitive bidding, commercial analysis, supplier evaluations, and recommendation development. Lead negotiations for contracts, pricing, commercial terms, and delivery schedules to achieve favorable business outcomes. Partner with Legal to ensure supplier agreements appropriately mitigate risk and protect the interests of LOTTE Biologics. Develop and maintain supplier performance metrics, scorecards, and supplier business review processes to drive accountability, continuous improvement, and long-term supplier performance. Lead supplier qualification, onboarding, performance management, and risk mitigation activities in partnership with Quality, Supply Chain, Manufacturing, and other key stakeholders. Identify and mitigate supply chain risks by developing contingency plans, maintaining qualified alternate suppliers, and supporting business continuity initiatives. Evaluate supplier capabilities, capacity, quality performance, and financial stability to ensure alignment with organizational objectives. Drive procurement process improvements, standardization initiatives, and data-driven decision-making through spend analysis, market intelligence, and operational performance assessments. Represent Procurement as a strategic business partner on cross-functional initiatives, capital projects, site expansion activities, technology transfers, and organizational growth initiatives. Utilize procurement systems and analytics tools to monitor spend, supplier performance, key performance indicators (KPIs), and procurement effectiveness. Ensure procurement activities are conducted in compliance with company policies, regulatory requirements, and industry best practices. Support client programs, technology transfers, and commercialization activities through effective procurement planning, supplier engagement, and material readiness strategies. Manage procurement spend within assigned categories and suppo…