Strategic Sourcing Manager – R&D

Strategic Sourcing Manager – R&D

Requirements

• 6+ years of experience, with at least 4 years in a strategic sourcing & category management role.
• Proven experience working with CROs, and sourcing R&D categories.
• Exceptional negotiation skills, capable of guiding teams through complex and ambiguous situations.
• Strong conceptual thinking abilities to navigate and resolve intricate challenges.
• Ability to thrive in a dynamic, fast-paced environment.
• Excellent communication and interpersonal skills, suitable for engaging with team members and company leadership.
• Superior analytical skills to quickly assess situations, perform root cause analysis, and draw meaningful conclusions.
• Extensive experience in managing change across diverse stakeholder groups.
• Proven ability to influence senior leadership on strategic directions, value propositions, and sourcing recommendations.
• Strong skills in contract and vendor negotiation to secure favorable outcomes.
• Ability to build consensus and act as an impartial mediator to achieve sourcing objectives without compromising service quality or increasing risk/cost.
• Expertise in concurrently managing multiple projects and tasks, with a solid understanding of business requirements and project management methodologies.
• Meticulous attention to detail and a commitment to accuracy with minimal supervision.
• Proficient in listening, understanding, and communicating effectively with employees at all levels.
• Ability to establish and maintain effective working relationships within Intuitive and with suppliers.
• Minimum Bachelor’s Degree Required (Business, Supply Chain management, Finance, or related Discipline preferred)

Responsibilities

• Build and sustain strong supplier partnerships to promote collaboration, trust, and mutual success.
• Act as the main liaison for suppliers concerning performance and strategic initiatives.
• Regularly review supplier performance, evaluate capabilities, and implement plans to boost performance and reliability.
• Set global standards to evaluate supplier performance and minimize business risks.
• Independently manage the RFx or strategic sourcing process for complex projects, from initiation to completion.
• Analyze spending patterns and conduct market and supplier assessments to uncover cost-saving and innovation opportunities.
• Lead cross-functional teams to develop category strategies aligned with business goals and market trends.
• Optimize buying channels and create strategies for assigned spend categories, considering Procure to Pay (P2P) requirements.
• Provide comprehensive financial analysis for bid comparisons and alternative proposals.
• Negotiate and manage supplier contracts, ensuring compliance with company policies and industry standards.
• Monitor contract performance and compliance with terms and conditions.
• Possess in-depth knowledge of terms and conditions included in R&D and related MRO contracts.
• Identify opportunities for contract optimization or consolidation to enhance cost efficiency and reduce risks.
• Secure favorable terms, quality, service compliance, and discounts while mitigating company risk.
• Establish a baseline for current spend categories and define future success criteria considering business goals and market conditions.
• Analyze market trends, risks, and potential new suppliers.
• Define key performance indicators (KPIs) to assess the health of managed spend categories.
• Implement spend treatment plans for all levels of spend and risk within the category.
• Work with suppliers and stakeholders to execute the category strategy.

Preferred Qualifications

No preferred qualifications provided.