Clinical Vendor Performance Analysis Manager

Novartis; City Of London; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A global healthcare company in London seeks a Vendor Performance Analysis Manager to optimize costs and improve supplier performance. The role involves analyzing business processes, conducting financial modeling, and collaborating with cross-functional teams. Candidates should have a bachelor's degree and 3+ years of experience. This hybrid role emphasizes data analysis and vendor management, offering opportunities for impactful contributions.

Qualifications

• 3+ years of working experience in a relevant field.
• Knowledge of clinical operation processes and vendor management.
• Experience in data analysis and visualization.

Responsibilities

• Support data analysis for cost-saving opportunities.
• Conduct financial modeling to aid vendor reviews.
• Collaborate with teams to improve operational efficiency.

Skills

Budget Management

Clinical Trials

Negotiation Skills

Process Improvement

Project Planning

Vendor Management

Waterfall Model

Education

Bachelor's degree or equivalent

Tools

Data analysis and visualization tools

Financial modeling concepts

Job description

Overview

LOCATION: London, UK

ROLE TYPE: Hybrid Working #LI-Hybrid

The Vendor Performance Analysis Manager supports the Development organization by analyzing business processes to optimize costs, improve supplier performance, and identify opportunities for value creation. Using data-driven insights and financial models, the manager aids in vendor selection, contract reviews, and identifying incremental cost-saving opportunities. Collaborating with the Vendor Alliance Lead and cross-functional teams, the role ensures effective sourcing strategies and supports supplier alignment with organizational goals. In this position, the manager focuses on tactical execution, operational support, and analytics-driven recommendations, while maintaining quality standards and fostering positive relationships with vendors.

Major accountabilities

• Support data analysis efforts to identify cost-saving opportunities and ensure efficient sourcing decisions.
• Conduct basic financial modeling and "should cost" analysis to facilitate vendor reviews and contract discussions.
• Assist in gathering supplier data, market trends, and performance metrics for analysis and reporting purposes.
• Collaborate with Procurement and other teams to streamline sourcing processes and improve operational efficiency.
• Monitor and track sourcing KPIs and performance metrics to identify trends and areas requiring improvement.
• Contribute to the development of dashboards, reports, and presentations to communicate insights and recommendations to stakeholders.
• Provide operational support for sourcing-related projects and initiatives to drive incremental improvements.

Key performance indicators

• Timely, efficient and quality execution of trials & trial related activities within assigned clinical program(s) within budget, and in compliance with quality standards.
• Adherence to Novartis policy and guidelines and external regulations.

Minimum Requirements

Bachelor's degree or equivalent degree

Work Experience

• 3+ years' working experience
• Knowledge of clinical operation processes and vendor management experience a plus
• Knowledge sourcing processes and cost structure within clinical research categories a plus
• Experience with data analysis and visualization tools
• Experience with financial modeling concepts.
• Demonstrated problem solving and solution generations skills
• Results driven demonstrated ability to support the execution of projects according to required deliverables and within timelines
• Strong teamwork and collaboration skills in a cross-functional environment.

Why Novartis

Our purpose is to reimagine medicine to improve and extend people's lives and our vision is to become the most valued and trusted medicines company in the world. How can we achieve this? With our people. It is our associates that drive us each day to reach our ambitions. Be a part of this mission and join us! Learn more here: https://www.novartis.com/about/strategy/people-and-culture

You'll receive

You can find everything you need to know about our benefits and rewards in the Novartis Life Handbook.

Commitment to Diversity and Inclusion

Novartis is committed to building an outstanding, inclusive work environment and diverse teams' representative of the patients and communities we serve.

Join our Novartis Network

If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network

Skills Desired

• Budget Management
• Clinical Trials
• Negotiation Skills
• Process Improvement
• Project Planning
• Vendor Management
• Waterfall Model