Associate Director, Strategic Sourcing
SK Life Science, Inc. · Paramus, NJ · 1 wk ago
PurchasingFull-time
Responsibilities
- Develop and lead enterprise-wide category management strategies aligned with company growth, operational priorities, and financial objectives, across R&D, IT, Commercial, and Corporate Services
- Serve as a trusted advisor to senior leadership on sourcing strategy, supplier market trends, and procurement risk management
- Identify opportunities for cost optimization, supplier consolidation, process improvement, and risk mitigation
- Lead complex, high-impact sourcing initiatives involving critical outsourced services and strategic suppliers
- Own strategic supplier relationships across key functional areas including R&D, IT, Commercial, and Corporate Services
- Establish supplier governance frameworks, KPIs, business reviews, and continuous improvement initiatives
- Assess supplier capabilities, financial stability, innovation potential, and long-term partnership alignment
- Drive supplier performance management, escalation resolution, and continuous improvement initiatives
- Support supplier diversity and small business reporting initiatives where applicable
- Partner with Legal and business stakeholders to ensure contracts align with company policies and risk tolerances
- Guide stakeholders through contract scoping, commercial benchmarking, and supplier selection processes
- Procurement Operations Support procurement operations through reporting, analytics, purchasing insights, and spend tracking
- Support supplier diversity and small business reporting initiatives where applicable
- Contribute to procurement policy and process improvements
Qualifications
- A minimum of a bachelor’s degree (or equivalent) is required
- 7+ years of strategic sourcing, procurement, or supply chain experience within biotechnology, pharmaceutical, or life sciences industries
- Demonstrated experience supporting R&D and/or IT sourcing categories strongly preferred
- Experience leading competitive sourcing events and supplier evaluations
- Familiarity with procurement systems, purchasing analytics, and supplier management processes