Director, Strategic Sourcing, CRO Category Lead

Director, Strategic Sourcing, CRO Category Lead

The Director, Strategic Sourcing, CRO Category Lead, will lead the Strategic Sourcing efforts for R&D categories including CROs, study monitoring, site management and clinical trial support suppliers across all phases of development. This role is instrumental in optimizing supplier performance, ensuring regulatory compliance and supporting the delivery of high-quality, timely clinical trials through strong supplier partnership and sourcing strategies.

The ideal candidate will be able to translate the goals of their business partners to Sourcing objectives to provide a value-added service to the organization. The Director, Strategic Sourcing, CRO Category Lead, will execute Sourcing strategies defined by R&D Sourcing leadership.

Overall Responsibility At the direction of R&D Sourcing leadership:
Build relationships with R&D business partners to develop and enable sourcing strategies that align with the needs of the business while meeting financial, operational, risk, quality, regulatory, and assurance of supply/services control objectives. Manage and identify key supplier relationships by enabling operational delivery, continuous improvement, and innovation through performance and relationship measurement, overall governance, supplier relationship development and alignment to business and corporate goals and objectives.

Be a champion for Sourcing by ensuring and monitoring compliance with sourcing policies and processes through stakeholder communication, training, and the identification and reporting of exceptions and deviations. Identify and drive continuous improvement opportunities within the process area. Drive 10-15% annual savings within in-scope spend areas. Lead and execute significant, high value and high impact sourcing activities with cross-functional teams by assessing the category market, collecting business requirements, soliciting RFx’s, leading contractual and rate card negotiations and ensuring the strategic contractual infrastructure is in place to support business priorities Ensure compliance with company policies, industry regulations, and ethical standards.

Assess and mitigate supplier risks, driving quality and adhering to regulatory guidelines. Create excellence through consistent, high-quality outcomes. Lead team of sourcing managers.

Strategic Sourcing Vision, Strategy, and Objectives
· Execute against a common vision and strategy for Strategic Sourcing tners with Business leaders and other key stakeholders to gain their perspectives and endorsement of the vision and strategy.
· Produce measurements of success (KPIs) and appropriate processes to capture, consolidate and report on sourcing performance and outcome versus objectives to business partners.
· Provide regular reporting and tracking of overall sourcing initiatives and their progress, including issues, risks, and other important observations to ELT, Business Leaders, and Stakeholders.
· Provide category expertise to business partners regarding changes in the category supplier landscape including new and existing suppliers.

Strategic Sourcing Process and Policy
· Provides appropriate training across the organization on the importance of following Sourcing policies and processes.
· Ensures the appropriate controls are in place to meet regulatory requirements (i.e. J-sox, Third Party Risk Management, etc.).
· Ensures best practices in Sourcing including accurate spend analysis, usage of RFx tools and templates, contract management, establishment of Preferred Supplier Programs, and ensuring all sourcing savings are realized into the financials.
· Oversee key service provider relationships by participating in governance and business review meetings.
· Lead negotiations for Master Services Agreements and Amendments.
· Ensure timely execution of Task Orders and Change Orders and ensure budget alignment, where applicable.
· Establish R&D ways of working, category specific contract templates, and escalation pathways.

Strategic Sourcing Execution
· Perform daily activities related to sourcing projects including the development of RFx strategy and on-going…