Demo

Strategic Sourcing Manager

Advanced Clinical
Princeton, NJ Full Time
POSTED ON 11/21/2025
AVAILABLE BEFORE 12/21/2025
Position Overview

We are seeking a highly motivated and results-driven Strategic Sourcing Manager. This individual will lead the end-to-end strategic sourcing process — from market analysis and supplier engagement to negotiation and contract execution — while partnering cross-functionally to deliver cost savings, mitigate risk, and drive value across the organization.

The ideal candidate will bring deep expertise in strategic sourcing, strong analytical and project management skills, and a demonstrated ability to collaborate with stakeholders across all levels of the business.

Key Responsibilities

  • Lead the end-to-end sourcing process — from spend analysis and supplier evaluation to contract negotiation and award.
  • Develop and recommend strategies and tactics that deliver optimal business results and align with company objectives.
  • Partner with the Supplier Relationship Management (SRM) and Contract Management teams to ensure seamless execution and ongoing compliance.
  • Operate within client’s Preferred Supplier Programs, following established policies, procedures, and sourcing tools.
  • Develop, review, and refine Statements of Work (SOWs), performance metrics, and acceptance criteria.
  • Plan and manage major RFx events, facilitating structured evaluation and selection processes.
  • Conduct supply market analyses and review procurement data to inform category strategies.
  • Support business teams in identifying and transitioning to new suppliers as needed.
  • Monitor and manage project baselines to ensure alignment with defined scope, budget, and timelines.

Qualifications & Experience

  • Bachelor’s degree required.
  • Minimum 3 years of business experience within the pharmaceutical industry, preferably in commercial or R&D sourcing.
  • Proven expertise in strategic sourcing, contract management, and supplier negotiations.
  • Strong background in project management, vendor dashboards, and cost-reduction initiatives.
  • Experience managing relationships with senior-level stakeholders and external suppliers.
  • Demonstrated ability to analyze complex datasets, synthesize insights, and manage multiple sourcing projects simultaneously.

Knowledge & Skills

  • In-depth understanding of the pharmaceutical industry, including sales and marketing operations for new drug launches.
  • Robust knowledge of pharmaceutical commercial sourcing categories and associated strategies.
  • Ability to evaluate business situations from multiple perspectives while balancing stakeholder needs and organizational value.
  • Excellent communication, negotiation, and stakeholder management skills.
  • Strategic thinker who can anticipate trends, assess implications, and develop actionable sourcing plans for future needs.

Salary.com Estimation for Strategic Sourcing Manager in Princeton, NJ
$135,924 to $173,291
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