# Associate Strategic Buyer

**Company**: Formation Bio
**Location**: Boston, MA
**Work arrangement**: hybrid
**Experience**: mid
**Job type**: full-time
**Salary**: $101,000 - $132,500
**Category**: Operations
**Industry**: Healthcare

**Apply**: https://job-boards.greenhouse.io/formationbio/jobs/7529216?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_47b0ac55-b8a

## Description

Formation Bio is building a best-in-class Procurement function to support our rapidly growing organization. We are looking for a high-ownership Buyer who can independently run sourcing initiatives and RFPs, drive operational excellence in our purchasing processes, and serve as a trusted partner to stakeholders across the company.

Responsibilities:

- Own and independently run end-to-end sourcing events and RFPs, including requirements gathering, vendor identification, bid evaluation, negotiation support, and stakeholder communication

- Serve as the primary Buyer for assigned business units, managing purchase requests, vendor selection, and commercial coordination

- Become a subject matter expert in Zip and lead day-to-day administration and optimization of procurement workflows within the platform

- Partner with stakeholders across IT, G&A, Clinical, and other teams to ensure timely, compliant, and cost-effective purchasing

- Transition and operationalize key procurement processes (e.g., vendor onboarding, intake management, purchasing workflows) into Procurement

- Support and help execute a major P2P platform process improvement initiative, ensuring scalable design and strong adoption across the organization

- Develop category insights and potentially assume ownership of specific categories (e.g., IT) depending on business needs and growth trajectory

- Maintain documentation, playbooks, and SOPs to improve procurement consistency and scalability

- Track and report on sourcing metrics, cycle times, savings, and process performance

Requirements:

- 3-5+ years of experience in procurement, strategic sourcing, project management, operations, consulting, or a related field

- Demonstrated experience running RFPs or managing structured vendor selection processes independently

- Experience working cross-functionally with technical and non-technical stakeholders

- Strong project management skills with the ability to manage multiple concurrent initiatives

Nice to Have:

- Experience implementing 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

We Offer:

- Total Compensation Range: $101,000 - $132,500

- Comprehensive benefits and generous perks

## Skills

### Required
- procurement
- strategic sourcing
- project management
- operations
- consulting

### Nice to have
- Zip
- IT
- G&A
- professional services

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Source: [Apply at job-boards.greenhouse.io](https://job-boards.greenhouse.io/formationbio/jobs/7529216?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)