Strategic Sourcing Manager; Quest Diagnostics and CHB

Manager, Sourcing Laboratory Products, Quest Diagnostics and CHB

Global Sourcing is responsible for creating and managing diverse strategic supplier partnerships that drive enterprise value with innovation, best cost and competitive advantages that benefit customers, suppliers and patients. Develops and executes strategic plans by leveraging market intelligence, industry knowledge and cross-functional collaboration. Competitive advantage is created through supplier selection and management, contract negotiation, supply chain optimization and risk mitigation.

In this role candidates will develop & execute strategic plans to exceed financial budget through active negotiation and management of our Quest Diagnostics contract.  They will work closely with the sales team and customer to understand issues/opportunities.  Actively communicate issues/opportunities across the enterprise in a clear and concise way and then work effectively in a matrixed environment to drive mutually beneficial results. 

Strategic Global Sourcing - Global Products

  • Responsible for managing a portfolio of Cardinal Brand products, raw materials, spend and suppliers.
  • Development and execution of global sourcing strategies to achieve best total value, sustainable productivity and high levels of quality and service aligned with business objectives.
  • Process development and management in coordination with cross-functional partners to effectively select suppliers, negotiate favorable contracts, and manage supplier performance and relationships.
  • Understand portfolio risk profile and develop mitigation actions and plans.
  • Global expertise in category including technical product knowledge, cost drivers, related industry dynamics and market trends.
  • Strong project and process management to execute sourcing strategy with cross functional teams.
  • Perform data analysis and utilize financial acumen to identify opportunities to leverage scale and drive cost savings.
  • Establish collaborative environment with key suppliers and business partners to optimize supplier performance and innovation.
  • Strong interpersonal, verbal and written communication skills; able to communicate effectively and interact with personnel at various levels of expertise on a global landscape.
  • Expertise with contract requirements in order to negotiate critical terms and conditions in line with sourcing strategy.
  • Familiarity with manufacturing, quality and supply chain processes to support supplier selection and performance management.
  • Collaborate with and influence business partners in a highly matrixed environment to optimize key supplier performance and innovation.
  • Tactical/operational management role
  • Manages department operations and supervises professional employees, frontline supervisors and/or business support staff
  • Participates in the development of policies and procedures to achieve specific goals
  • Ensures employees operate within guidelines
  • Decisions have a short-term impact on work processes, outcomes, and customers
  • Interacts with subordinates, peer customers and suppliers at various management levels; may interact with senior management
  • Interactions normally involves resolution of issues related to operations and/or projects
  • Gains consensus from various parties involved

Qualifications

  • BA, BS, or equivalent experience in related field; Advanced degree may be required
  • 5-7 years of experience in related field
  • This role has responsibility for managing a portfolio of Cardinal Brand products, spend and suppliers.
  • The main accountabilities include development and execution of sourcing strategies to achieve best total value and sustainable productivity aligned with business objectives, negotiation of product supply agreements and ensuring long term supply across all channels.
  • This role creates and maintains strategic plans, selects suppliers, negotiates contracts and manages overall performance across the Medical business enterprise to achieve the best total value.
  • Develops and executes sourcing and supplier strategies that support business requirements
  • Develops and negotiates agreements to deliver best economics, high quality and service levels
  • Leads supplier business reviews and manages suppliers in accordance with established key performance indicators
  • Leads cross functional teams relative to development of comprehensive commodity strategies
  • Leads supplier selection and management processes that supports product launch objectives
  • Superior interpersonal, verbal and written communication skills; able to communicate effectively and interact with personnel at all levels of technical ability and expertise
  • Develops expertise in assigned categories relative to analyzing cost drivers and commodity impacts
  • Contributes to development and improvement in sourcing and adjacent processes
  • Assists with the supplier diversity program to attain goals