Senior Corporate Procurement Strategic Sourcing Manager; Hybrid

Senior Corporate Procurement Strategic Sourcing Manager

Pay Range: $ - $ / year

Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.

We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy, happy lives. Our pay and benefit plans have been designed to promote employee health in all respects - physical, financial, and developmental. Depending on whether it is a part-time or full-time position, some of the benefits offered may include:

• Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours
• Best-in-class well-being programs
• Annual, no-cost health assessment program Blueprint for Wellness
• healthy MINDS mental health program
• Vacation and Health/Flex Time
• 6 Holidays plus 1 "MyDay" off
• Fin Fit financial coaching and services
• 401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service
• Employee stock purchase plan
• Life and disability insurance, plus buy-up option
• Flexible Spending Accounts
• Annual incentive plans
• Matching gifts program
• Education assistance through MyQuest for Education
• Career advancement opportunities
• and so much more!

For assigned categories in the Real Estate and Facilities Services portfolio, the successful candidate will develop, champion, and ensure implementation of ideas & strategies that will optimize total cost of ownership year-over-year.

• Developing and implementing of strategic sourcing plans for categories assigned.
• Fully understands and has a deep knowledge of the global landscape of categories assigned in terms of supplier base, technologies, competitive environment, total available market value (TAM), market trends and cost impactors.
• Performing category spend analytics across the Quest Diagnostics enterprise.
• Tracking forecasted vs. actual savings and performance indicators for assigned category and be responsible for communicating results/performance against these measures and any potential budgetary impact.
• Influencing internal operational, and other stakeholders as to their procurement requirements and assures those requirements are included in the category strategy.
• Developing strategic roadmaps with these suppliers in support of company's future business needs. Manage the Supplier Business Engagement Model based on supplier's segmentation. Assure active and open supplier communications, ensure suppliers capabilities are leveraged and supported for Quest Diagnostics strategic alignment.
• Structuring and influencing make vs. buy vs. outsource decisions.

• Influencing and establishing project requirements for relevant categories working with internal stakeholder decision makers.
• Defining and executing detailed plans to establish new supplier relationships and nurture existing supplier relationships that will result in meaningful contractual arrangements to support category strategies and related sourcing projects.
• Providing regular and consistent measurement reports to internal customers that bring visibility on category level compliance and savings.
• Identifying, qualifying, ranking, and selecting appropriate suppliers in collaboration with stakeholders and others within the enterprise.
• Developing negotiations strategies and drive negotiations to achieve stated goals and objectives.
• Negotiating contracts with suppliers of assigned categories. The terms of contracts include pricing, cost savings/reduction plans, delivery terms, payment terms, risk mitigation plans, quality terms, product development plans, regulatory compliances, etc.
• Analyzing risks and benefits of sourcing decisions and can clearly present proposals with this risk analysis.
• Making sourcing recommendations and decisions based on financial analysis, cost structure of categories, supplier alignment with Quest Diagnostics goals and strategies, and supplier position in their industry and…