Sourcing Manager
Job in
Princeton, Mercer County, New Jersey, 08543, USA
Listed on 2026-02-14
Listing for:
Advanced Clinical
Full Time
position Listed on 2026-02-14
Job specializations:
-
Business
Business Development, Business Analyst, Business Management, Business Consultant
Job Description & How to Apply Below
The Strategic Sourcing Execution Manager, Research & Development is responsible for leading and executing high-impact sourcing initiatives that support R&D business objectives. Working under the direction of R&D Sourcing leadership, this role partners cross-functionally to deliver sourcing strategies that balance cost, quality, risk, compliance, and continuity of supply.
Key Responsibilities- Develop and execute sourcing strategies aligned to business needs while meeting financial, operational, quality, risk, regulatory, and supply assurance objectives.
- Manage and oversee key supplier relationships, including performance measurement, governance, and alignment to business goals.
- Ensure compliance with sourcing policies and processes through stakeholder communication, training, and identification and reporting of exceptions or deviations.
- Drive cost savings across all sourcing activities and ensure realized savings are reflected in financial results.
- Lead complex, high-value sourcing initiatives by assessing category markets, gathering business requirements, managing RFx processes, negotiating contracts and rate cards, and establishing strategic contractual frameworks.
- Ensure adherence to company policies, industry regulations, and ethical standards while identifying, assessing, and mitigating supplier risks.
- Develop and report key performance indicators (KPIs) to measure sourcing effectiveness, performance, and outcomes against objectives.
- Provide regular updates on sourcing initiatives, including progress, risks, issues, and key insights.
- Serve as a subject matter expert to business partners on category trends, supplier landscapes, and emerging market developments.
- Ensure appropriate controls are in place to meet regulatory and compliance requirements (e.g., third-party risk management, financial controls).
- Execute sourcing activities in alignment with best practices, including spend analysis, RFx tools and templates, contract management, preferred supplier programs, and governance models.
- Negotiate master services agreements, amendments, task orders, and change orders as needed.
- Support additional projects or initiatives as assigned.
- Proven strategic sourcing experience within Pharmaceutical or Biotech R&D categories.
- Demonstrated success executing R&D sourcing projects that deliver preferred or strategic supplier partnerships.
- Strong sourcing expertise, deep category knowledge, and a collaborative, consultative approach.
- Experience working with senior-level stakeholders and external suppliers.
- Basic understanding of ICH E6 guidelines and Good Laboratory Practices (GLP).
- Bachelor’s degree in Business, Supply Chain, Life Sciences, or a related technical field (or equivalent experience).
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