Global Strategic Sourcing Manager - Clinical (Durham, NC)
FortreaAbout the role
Job Overview:
As the Manager of Global Sourcing, you will play a crucial role in developing, managing, and executing category strategies that support Fortrea’s strategic imperatives and mission. This may include Clinical Services and/or Clinical Technologies (e.g., EDC, eCOA) along with Corporate/Enterprise Technologies. You will position the Global Procurement Services organization as a trusted strategic partner across the enterprise.
Summary of Responsibilities:
- Develop, manage, and execute category strategies to support Fortrea’s strategic imperatives and mission.
- Partner with leaders across the enterprise to ensure efficient and effective category strategies, preferred suppliers, and competitive supplier evaluation.
- Lead multi-functional stakeholder teams on strategic sourcing initiatives, ensuring benefit realization and value creation.
- Conduct regular contract review meetings with suppliers and key stakeholders to ensure performance meets expectations.
- Cultivate a strong team environment and service culture to deliver timely and quality services.
- Own and manage the end-to-end Source to Contract process for assigned categories, ensuring compliance and regulatory reporting.
- Verify the relevance of sourcing strategy by consulting with leaders and understanding market trends.
- Develop, monitor, and analyze procurement metrics and spend analytics.
- Conduct market research and analysis to identify potential suppliers and negotiate favorable terms.
- Ensure compliance with company policies, industry regulations, and ethical procurement practices.
- Establish a robust supplier evaluation framework and identify opportunities for supplier development.
- Deliver savings and value targets across multiple dimensions, including material deflation and cost optimization.
Qualifications (Minimum Required):
- Bachelor's degree in Business Administration, Supply Chain Management; MBA preferred or a related field.
- A deep knowledge of sourcing processes, market trends, benchmarks, and best practices across categories under management.
- In-depth knowledge of category strategy, management and sourcing, methodologies, and best practices.
- Attention to detail and accuracy in analysis.
- Ability to make decisions and commit to completion dates.
- Ability to troubleshoot issues of high complexity.
- Microsoft Office365 (Word, Excel, PowerPoint, Outlook, Teams, SharePoint).
- Fortrea may consider relevant and equivalent experience in lieu of educational requirements.
Experience (Minimum Required):
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- 7+ years of experience in procurement or strategic sourcing roles or allied fields.
- Strong negotiation, communication, and project management skills.
- Ability to work autonomously and operate with significant autonomy.
- Proficiency in procurement software and data analysis tools.
- Proven analytical skills, and demonstrated ability to solve complex problems to drive value.
- Deep business and financial acumen and strong strategic and conceptual skills.
- Demonstrated excellent written and verbal communication skills.
- Demonstrated organizational, time management, and multi-tasking skills.
- Working knowledge of data analysis and forecasting tools and ability to develop actionable insights from data.
- Interpersonal skills and ability to build, develop and maintain trusted relationships both internally and externally.
Pay Range: $100,000-$115,000 (The range does not include benefits, and if applicable, bonus, commission, or equity)
Benefits: All job offers will be based on a candidate’s skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data. Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(K), ESPP, Paid time off (PTO) or Flexible time off (FTO), and Company bonus where applicable. For more detailed information, please click here.
This is a hybrid role with the expectation to work within our Durham headquarters 2-3 days each week.
Physical Demands/Work Environment:
Work Environment:
Work is performed in an office environment with exposure to electrical office equipment.
Occasional drives to site locations with occasional travel both domestic and international.
Physical Requirements:
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