Procurement Lead

Company Overview: Terray Therapeutics is a venture-backed biotechnology company led by pioneers and long-time leaders in artificial intelligence, synthetic chemistry, automation, and nanotechnology. We’re generating chemical data purpose-built to propel drug discovery into the information age — and we’re doing it on a larger scale and faster than has ever before been possible. 

Our closed loop system generates precise chemical datasets at unrivaled scale that work seamlessly with AI to systematically map biochemical interactions between small molecules and causes of disease. Iterative cycles of virtual molecular design and experimentation power AI and machine learning models, which in turn guide the next cycle of design. With a chemistry engine that measures billions of interactions daily and becomes increasingly precise with every cycle, we can answer an unprecedented array of questions — deriving insights that enable us to predictably create drugs for patients in need. 

Position Summary: We are seeking an experienced and dynamic Procurement Lead to independently drive and execute supplier management, sourcing, planning, and procurement efforts. The candidate will centralize and oversee all supplier management, sourcing, planning and procurement activities and will be responsible for driving coordination, efficiency and impact as we continue to scale. This is a cross functional role that will be part of our operations team working closely with Terray’s preclinical development, platform, and production teams.

The core responsibilities of this position are:

  • Lead projects independently, proactively advancing them toward successful completion.

Strategic Sourcing

    •  Deliver savings and cost reduction through purchasing agreements, developing procedures to onboard and validate comparable products that create redundancy for critical materials.
    • Define sourcing requirements with experimental teams to ensure materials align with scientific needs.

Supplier Relationship Management

    • Develop and maintain frameworks to classify suppliers and implement relationship management strategies for critical materials.
    • Manage business communications and negotiations to secure competitive pricing at scale.
    • Maintain relationships so the team receives the right quality and quantity of materials when needed.

Contract Lifecycle Management

    • Own contract negotiation and execution in partnership with Finance, ensuring terms support cost control, compliance, and scalability.
    • Track performance and renewal cycles, addressing risks and driving continuous improvement.

Procurement Analytics & Planning

    • Define and leverage data and analytics to inform planning and procurement decisions, building a forward-looking roadmap and scalable processes.
    • Use insights to improve spend efficiency, forecasting accuracy, and risk mitigation.

 Cross-Functional & Compliance Partnership

    • Collaborate with Finance and Operations to enhance planning, ordering, and receiving of lab consumables and equipment.
    • Partner with Safety on hazardous, large-volume, or regulated chemical orders to ensure full policy and regulatory compliance.

 Operational Ownership & Inventory Control

    • Oversee ordering of lab supplies and equipment and manage in-house warehouse inventory for commonly purchased items.
    • Develop procedures that streamline onboarding of alternative products and vendors to strengthen supply continuity.

Experience and Qualifications: Part of Terray’s success is nurtured by a hands-on work environment where everyone is accountable, vested in a vision of excellence, and actively taking part in the success of the business. Terray supports a positive work environment where employees can feel engaged, recognized and empowered to be creative. 

Required Qualifications: 

  • 10+ years of progressive supply chain, sourcing, procurement or other relevant experience in a collection of biotech/pharma companies at a variety of scales.
  • Excellent judgment and decision-making skills, biased to action and excited to function in both a strategic and execution capacity
  • Ability to work effectively in a fast-paced, dynamic environment and adapt quickly to changing priorities.
  • Demonstrated ability to collaborate, facilitate, and organize across multiple groups and teams.
  • Demonstrated ability to design and execute procurement strategies that deliver measurable cost savings and/or operational efficiencies.

Compensation Details: $133,500 - $177,000 (annually) depending on seniority; participation in the Company's option plan; 3% retirement safe harbor contribution; fully-paid medical, dental, vision, life and disability benefits.  

General & Administrative

Monrovia, CA

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