Strategic Sourcing Manager

Bracco Imaging; Princeton (NJ); On-site; USD 120,000 - 170,000; Full time

Job summary

Bracco Imaging seeks a Strategic Sourcing Manager – Indirect Spend to lead sourcing and contract negotiations across a broad portfolio including IT, Marketing, Professional Services, Software, and Facilities. The role focuses on developing category strategies, optimizing costs, mitigating risks, and engaging stakeholders across Technical Operations, Regulatory, Finance, IT, and Marketing.

The ideal candidate brings 5+ years in indirect procurement, strong negotiation skills, and experience in

Qualifications

• Bachelor’s degree in a related field; MBA or advanced degree preferred.
• 5+ years of sourcing or procurement experience, with indirect categories exposure preferred.
• Strong negotiation skills and success in complex, high-value agreements.
• Experience in pharmaceutical, life sciences, or regulated environments preferred.
• Strong analytical, communication, and stakeholder management skills.
• Familiarity with SAP, Jaggaer, and contract lifecycle management tools.
• Experience using data analytics and visualization tools (Power BI).
• Ability to operate in a fast-paced, matrixed, and ambiguous environment.
• Experience managing supplier relationships and cross-functional sourcing initiatives.
• Understanding of strategic sourcing methodologies and total cost of ownership principles.

Responsibilities

• Lead strategic sourcing initiatives across indirect categories (IT, Marketing, Facilities, Professional Services, Travel, Transportation).
• Develop and execute category and subcategory strategies aligned with objectives, compliance, and long-term value creation.
• Drive complex, high-value supplier negotiations to secure optimal terms and risk mitigation outcomes.
• Manage the full contract lifecycle including drafting, reviewing, negotiating, execution, and compliance monitoring.
• Identify and execute cost reduction, value enhancement, and TCO optimization opportunities.
• Act as trusted advisor to internal stakeholders across multiple functions.
• Partner cross-functionally to align sourcing strategies with operational needs and financial targets.
• Monitor market trends, supplier landscapes, and regulatory changes impacting indirect spends.
• Mitigate risks through sourcing strategy and supplier diversification.
• Track and report savings, KPIs, supplier performance, and contract compliance.
• Lead procurement transformation initiatives including terms optimization, onboarding, SAP data cleanup, diversity programs, and taxonomy development.

Skills

Negotiation

Sourcing

Stakeholder management

Regulated environments

Supply chain

Education

Bachelor’s degree in Supply Chain/Business/Life Sciences

MBA or advanced degree preferred

Tools

SAP

Jaggaer

Power BI

Job description

We are seeking a dynamic, results-oriented Strategic Sourcing Manager – Indirect Spend to lead sourcing and contract negotiations across a broad portfolio of indirect spend categories such as Marketing, Professional Services, Consulting, Software, Hardware, IT, Facilities, Transportation, etc. This role is accountable for delivering measurable value through category strategy development, supplier partnerships, cost optimization, risk mitigation, and strong stakeholder engagement. The ideal candidate is an experienced negotiator with a proven ability to operate in enterprise-indirect categories within a heavily regulated environment.

Key Responsibilities

• Lead strategic sourcing initiatives across indirect categories (e.g., IT, Marketing, Facilities, Professional Services, Travel, Transportation).
• Develop and execute category and subcategory strategies aligned with business objectives, compliance requirements, and long-term value creation.
• Drive complex, high-value supplier negotiations to secure optimal commercial terms, service levels, and risk mitigation outcomes.
• Manage the full contract lifecycle including drafting, reviewing, negotiating (in partnership with Legal), execution, and compliance monitoring.
• Identify and execute opportunities for cost reduction, value enhancement, and total cost of ownership (TCO) optimization.
• Act as a trusted advisor to internal stakeholders across Technical Operations, Manufacturing, Quality, Regulatory, Finance, IT, Marketing, and Corporate Functions.
• Partner cross-functionally to align sourcing strategies with operational needs, regulatory expectations, and financial targets.
• Monitor market trends, supplier landscapes, and regulatory changes impacting indirect spend categories.
• Proactively identify and mitigate supply, operational, financial, and compliance risks through sourcing strategy and supplier diversification.
• Track and report on savings, KPIs, supplier performance, and compliance against contracted terms.
• Lead or support procurement transformation initiatives including payment terms optimization, vendor onboarding, SAP data cleanup, supplier diversity programs, and taxonomy development.

Qualifications

• Bachelor’s degree in Supply Chain, Business, Life Sciences, or related field; MBA or advanced degree preferred.
• 5+ years of sourcing or procurement experience, with exposure to indirect categories strongly preferred.
• Strong negotiation skills and demonstrated success in complex, high-value agreements.
• Experience in pharmaceutical, life sciences, or regulated environments preferred.
• Strong analytical, communication, and stakeholder management skills.
• Familiarity with procurement systems (e.g., SAP, Jaggaer) and contract lifecycle management tools.
• Experience using data analytics and visualization tools (e.g., Power BI).
• Ability to operate effectively in a fast-paced, matrixed, and ambiguous environment.
• Experience managing supplier relationships, supplier performance programs, and cross-functional sourcing initiatives.
• Strong understanding of strategic sourcing methodologies, category management, supplier risk management, and total cost of ownership principles.

Company Values & Behaviors

Adhere to the Bracco’s core values, including:

• Passion: Connecting People and Networking; Be Yourself
• Extraordinary: Leading People and Delegation; Courage
• Continuous Evolution: Insight and Learning Agility; Digital and Technology Orientation

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. 5-10% domestic travel. This position is hybrid, based in Princeton, NJ.