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Formation BioFormation BioBoston, MA

Associate Strategic Buyer

High-ownership Buyer focused on day-to-day P2P execution, vendor onboarding, and Zip platform administration while supporting sourcing initiatives and process improvements.

101k – 133k/yr
Hybrid3+ YOEBusiness Operations

About the role

Responsibilities

  • Project manage a major P2P platform improvement initiative, owning workstream execution, cross-functional coordination, timeline management, and adoption tracking
  • Lead and project manage the transition of key procurement processes (vendor onboarding, intake management, PO request workflows) into the procurement function, including milestone tracking, stakeholder alignment, and change management
  • Own day-to-day administration, configuration, and incremental process improvement of the P2P platform (Zip), serving as the internal subject matter expert and primary point of contact for purchase requests
  • Drive P2P platform adoption internally, ensuring compliance, process consistency, and ongoing optimization of procurement workflows
  • Partner with stakeholders across IT, G&A, Clinical, and other teams to ensure timely, compliant, and cost-effective purchasing
  • Support supplier performance tracking and vendor relationships management across key spend areas
  • Maintain and continuously improve procurement documentation, playbooks, and SOPs
  • Track and report on key procurement KPIs including purchase order cycle times, P2P platform utilization, compliance rates, and cost savings

Requirements

  • 3-5+ years of experience in procurement, purchasing, operations, project management, consulting, or a related field
  • Experience supporting procure-to-pay (P2P) processes such as purchase orders, vendor onboarding, or intake/workflow management using a P2P platform (Zip, Coupa, etc.)
  • Experience communicating and working with cross-functional stakeholders up to the executive level
  • Strong project management and organizational skills with the ability to manage multiple concurrent requests and priorities

Nice-to-Haves

  • Exposure to managing sourcing or RFP processes
  • Experience implementing, managing, or administering procurement tools (Zip experience strongly preferred)
  • Experience supporting or owning an indirect spend category such as IT, G&A, or professional services
  • Experience in a high-growth startup or scaling environment
  • Exposure to life sciences, biotech, pharma, or other regulated industries

Compensation & Benefits

  • Total compensation range: $101,000 - $132,500
  • Equity, comprehensive benefits, and generous perks

Skills

Procure-To-PayP2PZipCoupaPurchase Order ManagementVendor OnboardingStakeholder ManagementProject ManagementProcess ImprovementKPI TrackingCross-Functional Collaboration
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