Strategic Sourcing Manager IV
Advanced Clinical · Princeton, NJ · 1 mo ago
PurchasingContract
About the role
We are seeking an experienced Strategic Sourcing Manager to lead procurement and category management initiatives across commercial business functions. This role will be responsible for developing sourcing strategies, managing supplier relationships, leading negotiations, and driving value through effective procurement practices.
Key Responsibilities
- Develop and execute sourcing and category management strategies that support business objectives.
- Lead end-to-end sourcing initiatives, including supplier selection, RFPs, negotiations, contracting, and implementation.
- Manage commercial procurement categories such as marketing services, media, market research, data and analytics, promotional services, customer support programs, and events.
- Conduct spend analysis, supplier assessments, market research, and category planning to identify cost optimization and value creation opportunities.
- Build and maintain strong supplier relationships while driving performance, innovation, and continuous improvement.
- Lead contract negotiations and supplier governance activities to ensure service quality and favorable commercial outcomes.
- Ensure compliance with sourcing policies, procurement processes, and contractual requirements.
- Partner with business leaders, finance teams, and cross-functional stakeholders to align sourcing strategies with organizational needs.
- Develop and track sourcing metrics and KPIs to measure performance and support process improvement initiatives.
- Monitor industry trends, market conditions, and emerging procurement technologies to enhance sourcing effectiveness.
Required Qualifications
- Bachelor's degree in Business, Supply Chain, Procurement, Finance, Operations, or a related field.
- 10+ years of strategic sourcing, procurement, or supply chain experience.
- 7+ years of category management experience, including support of commercial business functions.
- Proven experience leading complex sourcing initiatives, supplier negotiations, and contract management activities.
- Strong knowledge of sourcing methodologies, category management principles, and procurement best practices.
- Experience working within a highly regulated industry.
- Strong analytical, negotiation, communication, and stakeholder management skills.
- Demonstrated ability to manage multiple projects and priorities in a fast-paced environment.
Preferred Qualifications
- Advanced degree in Business, Supply Chain, Finance, Procurement, or a related discipline.
- Experience supporting commercial procurement categories, including marketing, advertising, media, market research, data services, agency services, or events.
- Experience leading enterprise-wide or global sourcing initiatives.
- Familiarity with procurement technologies, sourcing platforms, and spend management tools.
- Professional procurement or supply chain certifications are a plus.
Key Competencies
- Strategic thinking and business acumen.
- Supplier relationship management and negotiation expertise.
- Strong stakeholder engagement and collaboration skills.
- Analytical problem-solving and financial evaluation capabilities.
- Process improvement and change management experience.
- Results-oriented mindset focused on delivering measurable business value.
Benefits
Full-time employees are eligible for benefits options such as health coverage, life insurance, disability insurance, and 401k benefits.