What are the responsibilities and job description for the Strategic Sourcing Manager position at Meet Life Sciences?
Job Summary
Responsible for leading strategic sourcing and procurement activities across indirect spend categories, including Sales & Marketing, IT, Professional Services, and Facilities. Partners with cross-functional stakeholders to develop sourcing strategies, manage supplier relationships, negotiate contracts, drive cost savings, and ensure procurement compliance while supporting operational excellence and business objectives.
Responsibilities
- Develop and execute sourcing strategies for indirect spend categories to optimize cost, quality, and supplier performance.
- Lead supplier evaluation, selection, negotiation, and contract management processes, including RFPs, SOWs, SLAs, and KPIs.
- Partner with stakeholders across Sales, Marketing, Finance, HR, Legal, Compliance, and IT to define sourcing requirements and procurement strategies.
- Manage supplier relationships, performance monitoring, issue resolution, and contract compliance.
- Analyze spend data and identify opportunities for cost savings, operational efficiencies, and business synergies.
- Support procurement operations, including purchase orders, supplier onboarding, spend reporting, and process improvements.
- Facilitate sourcing system implementations and transitions to e-sourcing and procurement tools.
- Maintain market intelligence and category profiles to support informed sourcing decisions and supplier strategies.
Qualifications
- Bachelor’s degree required; Master’s degree preferred.
- Minimum of 5 years of experience in strategic sourcing, category management, or procurement.
- Experience managing at least two indirect spend categories such as Sales & Marketing, IT, Professional Services, or Facilities.
- Proven success in supplier evaluation, contract negotiation, supplier performance management, and cost reduction initiatives.
- Knowledge of sourcing best practices, procurement technologies, and supply market analysis.