# Associate Strategic Buyer

**Company:** [Formation Bio](https://hotfix.jobs/companies/formation-bio)
**Location:** Boston, MA, New York, NY
**Role:** Business Operations
**Salary:** $101k – $133k/yr
**Experience:** 3+ years
**Skills:** Procure-To-Pay, P2P, Zip, Coupa, Purchase Order Management, Vendor Onboarding, Stakeholder Management, Project Management, Process Improvement, KPI Tracking, Cross-Functional Collaboration
**Posted:** 2026-05-21

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

## Job Description

## 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

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