Peter Bay

Director R&D Procurement, Full Service Outsourcing, Global Category Lead at GSK

Ascot, England, United Kingdom

About

GSK is a science-led global healthcare company with a special purpose: to help people do more, feel better, live longer. Our Pharmaceuticals business has a broad portfolio of innovative and established medicines with commercial leadership in respiratory and HIV. Our R&D approach focuses on science related to the immune system, use of genetics and advanced technologies. My role is Acting Director within our Clinical Global Outsourcing Management (CGOM) Team. CGOM is a clinical outsourcing contract group which comprises of highly experienced clinical outsourcing professionals and acts as the centralised outsourcing and contract management group for clinical development. Our teams are predominantly based in London and Philadelphia.

Experience

  • GSK (10 yrs 5 mos)
    • Director R&D Procurement, Full Service Outsourcing
      May 2021 - Present · 5 yrs 2 mos

      Accountable for all sourcing and contract management across the Full Service Outsourcing category. Responsible for the development and implementation of category strategies; contracting for master/service agreements; management of supplier relationships and supplier delivery to performance, quality and financial requirements. Team leadership and development

    • R&D Procurement Study Sourcing Director
      Aug 2020 - May 2021 · 10 mos

      Accountable for leading a team of R&D Procurement Study Sourcing Managers who are aligned with specific studies/programs and accountable for ensuring the delivery of a complete procurement solution and all external study requirements to support the studies/programs. Responsible for aligning/partnering with R&D study/program needs to ensure the efficient delivery of all GSK’s development programs. Partner with category leads in Procurement to ensure that all requirements from each category are delivered to meet the study/ & program needs.

    • Director R&D Procurement
      Nov 2019 - Aug 2020 · 10 mos

      Contract Management Director for Clinical and Medical Categories Lead teams across multiple categories to deliver contract sin support of the clinical and medial portfolio. Drive simplification efforts to process

  • Biogen (6 yrs 8 mos)
    • Senior Manager, Clinical Financial Planning
      Feb 2014 - Jan 2016 · 2 yrs

      Responsible for leading the global clinical financial planning team to ensure the delivery of financials related to the clinical pipeline, that aid in meeting financial targets and planning cycles, as set by the business. Management and provision of consolidated portfolio reports to explain variance analysis / presentations on financial performance to senior management. Clinical Trial financial scenario modeling to ensure due diligence and to aid decision making for business development deals. Lead on process and tool development for Clinical Trial Value committee, to approve total study costs in advance of study start and to streamline PO approvals. Financial lead on the Business Operations Committee for CRO Partnership implemented in 2013 shaping all operating principles Finance lead to Pricing Governance Committee with remit to review and agree outliers in clinical expense when variant fair market value assessments Redesign study start contract and finance process to streamline Contract, PO and invoice management Lead on cross functional/organizational team in designing and developing all planning and forecasting process/tools for new CRO partnership, based on simplified pricing tool. Lead on Fair Market Value tool development and internal template adoption to ensure alignment with Roles & Responsibilities under CRO partnership, in order to provide consistency in approach to costing clinical studies across team members. Represent clinical financial planning in numerous cross functional projects/deliverables spanning finance, accounting, clinical teams and procurement Lead on risk assessment of portfolio spend with clinical scientists and finance teams during reforecast cycles to ensure planned spend is vetted and where required, adjusted for realism.

    • Manager, Clinical Business Planning
      Jun 2009 - Feb 2014 · 4 yrs 9 mos

      Finance partner to study and clinical development teams, translating operational information into a robust financial plan, measured by target variance to reforecasting cycles. Managed individual study and program financials, to include monthly budgeting/forecasting, and costing of clinical development plans from concept through to registration. Lead on key Neurology program spanning 6 indications across multiple Phase II-IV studies. Lead on category spend analysis, to provide transparency in activity and aid negotiations based on volume/repeat business. Lead cross functional project team to streamline financial planning submissions via implementation of Hyperion essbase to planning team.

    • Vendor Contract Manager (secondment)
      Aug 2012 - Aug 2013 · 1 yr 1 mo

      Outsourcing lead to support clinical teams in negotiating and implementing clinical contracts to support Phase 3 program Development of pricing schedules and key terms of business for assigned contacts Ensue adherence to GCP, internal contractual and procurement policies in developing and executing clinical trial contracts Identification and delivery of process improvements to better align outsourcing with finance and planning

  • Pfizer (12 yrs 5 mos)
    • Business Performance and Contract Manager
      Dec 2006 - May 2009 · 2 yrs 6 mos

      Analysis, reporting and improvement of country delivery metrics and country costs in support of global delivery of clinical trials Project lead to reduce clinical staffing costs by 20% via e-reverse auction. Industry liaison to UK Clinical Research Network to design and develop the national costing model Department lead on e-solution to track interactions with and payments to health care professionals Consulted with Department of Health to aid development of the UK Model Clinical Trial Agreement and to build Foreign Corrupt Practices Act language in to template documentation. Designed contract solutions in conjunction with legal team to streamline NHS Trust contracts in order to benefit from economies of scale. Negotiated up font savings in costs and reduced start up durations based on repeat business arrangements.

    • Finance and Contracts Manager
      Jan 2001 - Nov 2006 · 5 yrs 11 mos

      Implemented Managed Service Program to UK Country office for the procurement of professional contract resource, creating increased supplier capacity, cost savings and decreased burden on management in the work associated with contractor on-boarding Relationship and supplier management of Managed Service Program in UK Contract management and negotiation Review and analysis of all country office R&D contracts and proposed payment schedules, agreeing terms and conditions with NHS Trusts Country lead for development and implementation of major finance change projects to embed e-procurement strategy utilising Oracle projects and ARIBA

    • Business Support Manager
      1997 - 2001 · 4 yrs

      IT management for Medical department. Implementation of dedicated IT support to Medical, Marketing and Sales Y2K application testing and verification Budget maintenance for clinical trials and operating plans Contract management