Strategic Sourcing Execution Manager IV 12 month contract On-site in Princeton, NJ Role Description: The Strategic Sourcing Execution Manager, Research & Development IV tasks include:
Develop and enable sourcing strategies that align with business needs while meeting financial, operational, risk, quality, regulatory, and supply assurance objectives
Oversee key supplier relationships through supplier performance management, governance, and alignment to business objectives
Ensure and monitor compliance with sourcing policies and processes through stakeholder communication, training, and reporting of exceptions/deviations
Drive savings across sourcing activities and ensure savings realization into financials
Execute high-value sourcing activities by conducting market assessments, gathering business requirements, managing RFx processes, leading negotiations, and establishing strategic contractual infrastructure
Ensure compliance with company policies, industry regulations, ethical standards, GLP, ICH E6 guidelines, J-SOX, and Third-Party Risk Management requirements
Assess and mitigate supplier risks while maintaining quality and regulatory compliance
Develop KPIs and reporting processes to measure sourcing performance and outcomes against objectives
Provide regular reporting and tracking of sourcing initiatives, progress, risks, and issues
Provide category expertise and supplier market insights to business partners
Execute sourcing activities in alignment with company best practices including spend analysis, RFx tools, contract management, and Preferred Supplier Programs
Negotiate Master Service Agreements (MSAs), amendments, task orders, and change orders
Support additional activities and projects as assigned
Knowledge & Experience
Demonstrated strategic sourcing experience within Pharmaceutical or Biotech R&D categories
Experience executing R&D sourcing projects that resulted in preferred or strategic partnerships
Strong sourcing expertise, category knowledge, and collaborative business partnering skills
Experience interacting with senior-level stakeholders and suppliers
Basic understanding of ICH E6 guidelines and Good Laboratory Practices (GLP)
Education
Bachelor’s degree in Business, Supply Chain, Sciences, or related technical field