Sourcing Execution Manager IV

Sourcing Execution Manager 6-month Contract Remote or Local to Princeton, NJ (EST Hours) Requirements Execute sourcing strategies for R&D categories, including CROs, study monitoring, site management, and clinical trial support suppliers across all phases of development. Support the execution of strategic sourcing initiatives for Clinical Development categories while meeting financial, operational, risk, quality, regulatory, and supply objectives. Lead sourcing activities with cross-functional teams, including RFx processes, contract and rate card negotiations, and implementation of strategic contractual infrastructure. Execute preferred sourcing strategies at the study level in partnership with clinical study teams. Monitor compliance with sourcing strategies, policies, and processes through stakeholder communication, training, and reporting of exceptions. Ensure compliance with company policies, industry regulations, and ethical standards. Identify and drive continuous process improvement opportunities. Support annual savings initiatives within assigned sourcing categories. Deliver consistent, high-quality sourcing outcomes. Provide sourcing policy and process training to clinical study teams. Implement sourcing best practices, including preferred supplier strategies, spend analysis, RFx tools and templates, and contract management. Support negotiations for Master Services Agreements (MSAs) and amendments. Facilitate task orders and change orders to support timely contract execution and budget alignment. Support Managed Service Provider (MSP) operations through established ways of working, contract templates, and escalation pathways. Manage daily sourcing project activities, including RFx strategy development and ongoing contract negotiations. Develop and report operational sourcing metrics to support continuous monitoring and process improvement. Ensure sourcing projects have clearly defined financial and operational objectives aligned with business stakeholders. Partner with clinical study teams and cross-functional stakeholders to meet project timelines. Support continuous improvement of sourcing and financial processes. Perform additional sourcing-related projects and responsibilities as assigned. Qualifications Bachelor's degree in Business, Supply Chain, Sciences, or a related technical field; advanced degree (MBA/MS) preferred. Minimum of 5–7 years of experience in R&D strategic sourcing, including experience supporting transformational initiatives. Experience within pharmaceutical or biotech R&D, with a strong understanding of new drug development. Experience leading and executing large, complex sourcing events within R&D; Clinical Development sourcing experience preferred. Experience implementing preferred sourcing or partnership strategies at the study level. Experience collaborating with clinical study teams and external suppliers. Experience developing procurement strategies aligned with R&D stakeholder needs. Experience negotiating supplier contracts and rate cards to maximize value and quality. Experience developing and managing sourcing financial KPIs. Strong stakeholder management and relationship-building skills. Experience analyzing data and identifying actionable insights. Basic understanding of ICH E6 guidelines. Familiarity with emerging procurement technologies. Excellent verbal, written, and interpersonal communication skills. Ability to communicate complex sourcing requirements in a clear and understandable manner. Strong analytical skills with the ability to synthesize data into actionable business insights. Strong customer service orientation with the ability to partner effectively with stakeholders. Effective influencing and negotiation skills across cross-functional teams and external suppliers. Ability to anticipate trends, understand business implications, and develop actionable plans.

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