Global Strategic Sourcing Manager - Clinical (Durham, NC)
About The Position
Job Overview: As the Manager of Global Sourcing, you will play a crucial role in developing, managing, and executing category strategies that support Fortrea’s strategic imperatives and mission. This may include Clinical Services and/or Clinical Technologies (e.g., EDC, eCOA) along with Corporate/Enterprise Technologies. You will position the Global Procurement Services organization as a trusted strategic partner across the enterprise. Summary of Responsibilities: Develop, manage, and execute category strategies to support Fortrea’s strategic imperatives and mission. Partner with leaders across the enterprise to ensure efficient and effective category strategies, preferred suppliers, and competitive supplier evaluation. Lead multi-functional stakeholder teams on strategic sourcing initiatives, ensuring benefit realization and value creation. Conduct regular contract review meetings with suppliers and key stakeholders to ensure performance meets expectations. Cultivate a strong team environment and service culture to deliver timely and quality services. Own and manage the end-to-end Source to Contract process for assigned categories, ensuring compliance and regulatory reporting. Verify the relevance of sourcing strategy by consulting with leaders and understanding market trends. Develop, monitor, and analyze procurement metrics and spend analytics. Conduct market research and analysis to identify potential suppliers and negotiate favorable terms. Ensure compliance with company policies, industry regulations, and ethical procurement practices. Establish a robust supplier evaluation framework and identify opportunities for supplier development. Deliver savings and value targets across multiple dimensions, including material deflation and cost optimization.
Requirements
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- 7+ years of experience in procurement or strategic sourcing roles or allied fields.
- Strong negotiation, communication, and project management skills.
- Ability to work autonomously and operate with significant autonomy.
- Proficiency in procurement software and data analysis tools.
- Proven analytical skills, and demonstrated ability to solve complex problems to drive value.
- Deep business and financial acumen and strong strategic and conceptual skills.
- Demonstrated excellent written and verbal communication skills.
- Demonstrated organizational, time management, and multi-tasking skills.
- Working knowledge of data analysis and forecasting tools and ability to develop actionable insights from data.
- Interpersonal skills and ability to build, develop and maintain trusted relationships both internally and externally.
- A deep knowledge of sourcing processes, market trends, benchmarks, and best practices across categories under management.
- In-depth knowledge of category strategy, management and sourcing, methodologies, and best practices.
- Attention to detail and accuracy in analysis.
- Ability to make decisions and commit to completion dates.
- Ability to troubleshoot issues of high complexity.
- Microsoft Office365 (Word, Excel, PowerPoint, Outlook, Teams, SharePoint).
Nice To Haves
- MBA preferred
Responsibilities
- Develop, manage, and execute category strategies to support Fortrea’s strategic imperatives and mission.
- Partner with leaders across the enterprise to ensure efficient and effective category strategies, preferred suppliers, and competitive supplier evaluation.
- Lead multi-functional stakeholder teams on strategic sourcing initiatives, ensuring benefit realization and value creation.
- Conduct regular contract review meetings with suppliers and key stakeholders to ensure performance meets expectations.
- Cultivate a strong team environment and service culture to deliver timely and quality services.
- Own and manage the end-to-end Source to Contract process for assigned categories, ensuring compliance and regulatory reporting.
- Verify the relevance of sourcing strategy by consulting with leaders and understanding market trends.
- Develop, monitor, and analyze procurement metrics and spend analytics.
- Conduct market research and analysis to identify potential suppliers and negotiate favorable terms.
- Ensure compliance with company policies, industry regulations, and ethical procurement practices.
- Establish a robust supplier evaluation framework and identify opportunities for supplier development.
- Deliver savings and value targets across multiple dimensions, including material deflation and cost optimization.
Benefits
- Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(K), ESPP, Paid time off (PTO) or Flexible time off (FTO), and Company bonus where applicable.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
5,001-10,000 employees
