Bruce Smith, MBA

Develop and execute sourcing strategies, manage vendor relationships, and ensure the procurement of high-quality materials, supplies, and services.

Responsible for the company’s source to pay process for R&D, preclinical, clinical, supply chain, manufacturing, quality, commercial, and G&A areas including source identification, contract negotiations, purchasing, and supplier relationships. • Built the Sourcing & Procurement function from ground-up, developing policies, processes, and working with stakeholders to implement • Sourced and integrated an ERP / LIMS system for accounting, finance, procurement, supply chain, quality, and manufacturing functions that enabled cGMP manufacturing and in-house testing • Partnered with Supply Chain to implement an inventory strategy for direct materials resulting in lower cost of ownership • Recruited, trained, and led a high-performing team that developed a reputation for exceeding expectations while creating value across the entire company • Transformed business culture for the execution of RFP’s for CRO’s, CMO’s, R&D collaborations, and marketing firms resulting in best fit high-performance suppliers

Grew the sourcing and procurement function to strategically support business operations for multiple manufacturing & process development locations. Created and led 9 member team of sourcing and purchasing managers. • Contributing member of the Supply Chain Leadership Team at AZ’s Frederick Manufacturing Center • Developed risk assessment tools and mitigation strategies at a part and supplier level for use by cGMP manufacturing, quality, and supply chain teams to mitigate and reduce supply risks • Created site & global SRM program for direct and indirect supply base resulting in improved on-time deliveries, more consistent lead times, and reduced quality incidents • Initiated the collaboration with AZ’s corporate sourcing teams on strategies for direct goods and services resulting in operational synergies and quality enhancements

Managed a high-performance global procurement team of 8 directs and an organization of 17 people across 5 global manufacturing locations supplying antibodies, proteins, cells, beads, and manufacturing consumable components for Life Science business. • Harmonized sourcing techniques across 5 global locations resulting in 15% lower cost and 10% increase in on-time-delivery • Negotiated service contracts and direct material supply agreements for second source alternatives and supply assurance initiatives

Category management and leader for strategic sourcing direction of goods and services in the areas of pre-clinical R&D, Biopharma Development, Quality Control & Compliance, Bulk Drug Manufacturing, fill/finish, Cold Chain Logistics, and CMO Services. • Established a multi-year agreement for a second source of bulk drug substance for a commercial drug • Integrated supply chain and sourcing teams to interactively collaborate on demand planning and on-time supply of direct materials resulting in 15% less rush orders and Quality deviations • Developed and executed sourcing strategies for cGMP materials and cold chain logistics services

Masters Thesis: “Effects on Ethylene Polymerization and the Resulting Polymers using TEAL Contaminated with Water, Oxygen, and Carbon Dioxide.”