Strategic Sourcing Manager - Contract Negotiation - Hybrid

Now Hiring
Princeton, NJ

Job Description

Job Description

Seeking a highly skilled and Strategic Sourcing Manager covering both direct and indirect Procurement categories. The ideal candidate will be a strong and experienced contract negotiator with a proven track record of delivering value through supplier partnerships, cost optimization, and stakeholder engagement.

Responsibilities:

  • Lead sourcing initiatives across direct (e.g., APIs, packaging) and indirect (e.g., lab supplies, transportation, fleet) categories in Life Sciences and Pharmaceutical Procurement.
  • Develop and execute category strategies aligned with business goals and regulatory requirements.
  • Drive complex negotiations with suppliers to secure optimal commercial terms, service levels, and risk mitigation.
  • Manage contract lifecycle, including drafting, reviewing, and compliance monitoring.
  • Partner with cross-functional teams, including Technical Ops, Quality, Regulatory, and Manufacturing, to understand requirements and align sourcing strategies.
  • Act as a trusted advisor to internal stakeholders, ensuring procurement adds strategic value.
  • Monitor market trends, supplier landscapes, and regulatory changes impacting the pharma supply chain.
  • Identify and mitigate supply risks through proactive sourcing and supplier diversification.
  • Track and report on sourcing KPIs, savings, and supplier performance.
  • Ensure adherence to internal policies, SOPs, and external compliance standards (e.g., GMP, GxP).
  • Develop and manage strategies for subcategories, planning and implementing strategic sourcing initiatives.
  • Create sourcing specifications, requirements, and scopes of work for RFIs, RFQs, and RFPs.
  • Gather and assess data through benchmarking, market intelligence reports, and Voice of the Customer (VoC) interviews.
  • Deliver measurable cost savings and monitor these savings against contracted terms and pricing.
  • Provide insight into rates, unit costs, and costing structures to enable optimal negotiations.
  • Support the definition and implementation of strategy to serve global and regional business needs.
  • Align category priorities through collaboration with stakeholders.
  • Represent Americas Procurement in organizational decisions with critical short and long-term impact.
  • Ensure vendor compliance with GxPs and other applicable regulations.
  • Negotiate contract terms in consultation with the Law department aligned with business requirements.
  • Use data to drive decision-making for successful category projects.
  • Develop and maintain strong relationships with key suppliers to ensure alignment with business objectives.
  • Collaborate with suppliers to identify opportunities for innovation, cost reduction, and process improvement.
  • Resolve supplier issues and disputes in a timely and effective manner.

Qualifications:

  • Bachelor’s degree in Supply Chain, Business, Life Sciences, or related field; MBA or advanced degree preferred.
  • 5+ years of sourcing/procurement experience in the pharmaceutical or life sciences industry preferred.
  • Strong contract negotiation skills with demonstrated success in complex, high-value deals.
  • Experience managing both direct and indirect spend categories.
  • Excellent communication, stakeholder management, and analytical skills.
  • Familiarity with procurement systems (e.g., SAP, Jagger) and contract management tools.
  • Experience utilizing data analytics, automation, and visualization tools
  • Proven success with cost models and total cost of ownership models.
  • Ability to operate with integrity and clarity in ambiguous environments to drive change.
  • Certification in procurement (e.g., CPSM, CIPS) is a plus.
  • Experience working in a regulated environment (FDA, EMA) preferred.
  • Ability to thrive in a fast-paced, matrixed organization.

Hourly rate commensurate with Experience - Hybrid Opportunity

Posted 2025-10-15

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