Jobs · Supply Chain · New Jersey

Strategic Sourcing Manager

Bracco Imaging · Princeton, NJ · 6 days ago
HybridSupply ChainFull-time

Key Responsibilities

  • Lead strategic sourcing initiatives across indirect categories (e.g., IT, Marketing, Facilities, Professional Services, Travel, Transportation).
  • Develop and execute category and subcategory strategies aligned with business objectives, compliance requirements, and long-term value creation.
  • Drive complex, high-value supplier negotiations to secure optimal commercial terms, service levels, and risk mitigation outcomes.
  • Manage the full contract lifecycle including drafting, reviewing, negotiating (in partnership with Legal), execution, and compliance monitoring.
  • Identify and execute opportunities for cost reduction, value enhancement, and total cost of ownership (TCO) optimization.
  • Act as a trusted advisor to internal stakeholders across Technical Operations, Manufacturing, Quality, Regulatory, Finance, IT, Marketing, and Corporate Functions.
  • Partner cross-functionally to align sourcing strategies with operational needs, regulatory expectations, and financial targets.
  • Monitor market trends, supplier landscapes, and regulatory changes impacting indirect spend categories.
  • Proactively identify and mitigate supply, operational, financial, and compliance risks through sourcing strategy and supplier diversification.
  • Track and report on savings, KPIs, supplier performance, and compliance against contracted terms.
  • Lead or support procurement transformation initiatives including payment terms optimization, vendor onboarding, SAP data cleanup, supplier diversity programs, and taxonomy development.

Qualifications

  • Bachelor’s degree in Supply Chain, Business, Life Sciences, or related field; MBA or advanced degree preferred.
  • 5+ years of sourcing or procurement experience, with exposure to indirect categories strongly preferred.
  • Strong negotiation skills and demonstrated success in complex, high-value agreements.
  • Experience in pharmaceutical, life sciences, or regulated environments preferred.
  • Strong analytical, communication, and stakeholder management skills.
  • Familiarity with procurement systems (e.g., SAP, Jaggaer) and contract lifecycle management tools.
  • Experience using data analytics and visualization tools (e.g., Power BI).
  • Ability to operate effectively in a fast-paced, matrixed, and ambiguous environment.
  • Procurement certifications (CPSM, CIPS) a plus.
  • Experience managing supplier relationships, supplier performance programs, and cross-functional sourcing initiatives.
  • Strong understanding of strategic sourcing methodologies, category management, supplier risk management, and total cost of ownership principles.

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