Principal Sourcing Manager

Waters Corporation; Milford (MA); On-site; USD 99,000 - 164,000; Full time

Job summary

Waters Corporation in Milford, MA is seeking a Principal Indirect Sourcing Manager to lead sourcing across multiple indirect categories and negotiate favorable contracts. The role reports to the Director, Indirect Procurement and requires in-office presence Tue–Thu as per policy.

The ideal candidate will drive cost reductions, manage supplier relationships, and collaborate with stakeholders to align procurement activities with business goals.

Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, or related field, or equivalent experience.

Responsibilities

• Develop and implement sourcing strategies for a broad range of indirect services and goods.
• Pursue opportunities for OpEx and CapEx cost reductions and budget savings.
• Negotiate contracts with suppliers to ensure best pricing and terms.
• Manage supplier relationships to ensure performance.
• Collaborate with internal stakeholders to align procurement with business objectives.
• Report monthly savings KPIs to Executives.
• Ensure compliance with company policies and procedures.

Skills

5+ years experience

Negotiation skills

Communication skills

Independent & self-starter

Analytical & problem-solving

Education

Bachelor's degree in Business Administration / SCM

Tools

Microsoft Office Suite

SAP Ariba Sourcing & Contracts

Job description

Principal Sourcing Manager

Req. # 25643

Job Family PP - Purchasing/Procurement

Location US-MA-Milford

Pay Range Minimum USD $98,500.00

Pay Range Maximum USD $164,000.00

Overview

We are seeking an experienced and highly motivated Principal Indirect Sourcing Manager to join our growing team, reporting to the Director, Indirect Procurement. The ideal candidate will have deep experience in managing two or more indirect categories e.g. HR, IT, Marketing, MRO, Professional Services, Real Estate & Facilities, Transportation & Logistics, T&E & Fleet. The candidate will develop and implement sourcing strategies to capture budget savings or cost reductions, negotiate contracts, and manage supplier relationships. This is not a direct materials procurement role. To encourage collaboration and productivity, employees are required to be in the office Tuesday-Thursday (based on current policy).

Responsibilities

• Develop and implement sourcing strategies for a broad range of indirect services and goods
• Pursue opportunities for significant OpEx and CapEx cost reductions and budget savings
• Negotiate contracts with suppliers to ensure the best possible pricing and terms
• Manage supplier relationships to ensure that they meet or exceed performance expectations
• Collaborate with internal stakeholders to ensure that procurement activities align with business objectives
• Manage and report monthly on savings KPIs to Executives
• Ensure compliance with company policies and procedures

Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, or related field, or equivalent experience
• 5+ years of experience in indirect procurement or sourcing
• Experience in change and continuous process improvement
• Flexible to manage and support new categories
• Strong negotiation skills and experience negotiating contracts with suppliers
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team; and must be a self-starter
• Strong analytical and problem-solving skills
• Proficient in Microsoft Office Suite and SAP Ariba Sourcing and Contracts module

Company Description

Waters Corporation (NYSE:WAT) is a global leader in life sciences and diagnostics, dedicated to accelerating the benefits of pioneering science through analytical technologies, informatics, and service. With a focus on regulated, high-volume testing environments, our innovative portfolio harnesses deep scientific expertise across chemistry, physics, and biology. We collaborate with customers around the world to advance the release of effective, high-quality medicines, ensure the safety of food and water, and drive better patient outcomes by detecting diseases earlier, managing routine infections, and combating antibiotic resistance. Through a shared culture of relentless innovation, our passionate team of ~16,000 colleagues turn scientific challenges into breakthroughs that improve lives worldwide.

Diversity and inclusion are fundamental to our core values at Waters Corporation. It benefits our employees, our products, our customers and our community. Waters complies with all applicable federal, state, and local laws. Qualified applicants are considered without regard to sex, race, color, ancestry, national origin, citizenship status, religion, age, marital status (including civil unions), military service, veteran status, pregnancy (including childbirth and related medical conditions), genetic information, sexual orientation, gender identity, legally recognized disability, domestic violence victim status, or any other characteristic protected by law. Waters is proud to be an equal opportunity workplace and is an affirmative action employer. All hiring decisions are based solely on qualifications, merit, and business needs at the time.

Key Words

indirect procurement, indirect sourcing, category manager, cost reduction, budget savings, Ariba, contracts, negotiations