Manager, Indirect Strategic Sourcing

Key Responsibilities

• Execute sourcing strategies aligned with business needs and financial/operational objectives.
• Manage key vendor relationships to drive performance, innovation, and continuous improvement.
• Ensure compliance with sourcing policies; track and report exceptions.
• Drive high-quality outcomes and identify process improvement opportunities.
• Support sourcing leadership in achieving 10–15% annual savings targets.
• Lead and support high-value sourcing initiatives, including contract negotiations.
• Collaborate with business leaders to align on sourcing strategy and gain stakeholder buy-in.
• Develop and track KPIs to measure sourcing performance and outcomes.
• Provide regular reporting on sourcing initiatives, risks, and progress to leadership.
• Deliver training on sourcing policies, processes, and best practices.
• Maintain regulatory compliance (e.g., SOX, third-party risk management).
• Apply best practices, including spend analysis, RFx execution, contract management, and preferred supplier programs.
• Lead sourcing projects, including RFx development, supplier selection, and contract negotiations.
• Establish operational metrics to monitor performance and drive improvement.
• Ensure sourcing projects have clear financial and operational goals aligned with stakeholders.
• Partner with Business Owners, Legal, and FP&A to meet project timelines.
• Support supplier diversity, development, and performance initiatives.
• Apply knowledge of compliance areas such as patient services, IT, HIPAA, and adverse events.

Qualification And Experience

• Minimum Requirements: Bachelor’s or Master’s degree in Supply Chain, Management, or related field.
• 5+ years of indirect procurement experience in pharmaceutical/biopharma industry.
• Experience managing sourcing projects and financial KPIs.
• Strong understanding of pharmaceutical development and commercialization.
• Required Experience (5+ years each): Developing indirect procurement strategies, Spend analysis and procurement execution, Managing RFIs/RFPs, Demand management, outsourcing/insourcing programs, Contract negotiation within pharmaceutical sourcing.
• Travel: ~10%

Pay

The anticipated annual base salary range for this position in New Jersey is $100,000 to $115,000, plus a discretionary performance bonus (based upon eligibility).

Schedule

The anticipated annual base salary range for this position in New Jersey is $100,000 to $115,000, plus a discretionary performance bonus (based upon eligibility).