Strategic Sourcing Manager

Bracco Medical Technologies; Princeton (NJ); Hybrid; USD 90,000 - 140,000; Full time

Job summary

Bracco Diagnostics Inc. seeks a Strategic Sourcing Manager to lead indirect spend across IT, Marketing, Professional Services, and more. You will drive category strategies, negotiate high-value supplier terms, and manage contracts in a regulated pharma context.

You will partner with Technical Operations, Manufacturing, Quality, Regulatory, Finance, IT, and Corporate Functions to optimize costs, mitigate risk, and improve TCO. The role is hybrid and based in Princeton, NJ.

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.
• Procurement certifications (CPSM, CIPS) a plus.
• 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.

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.

Skills

Negotiation

Sourcing

Stakeholder management

Analytical thinking

SAP/Jaggaer

Power BI

Procurement certifications

Supplier management

Category management

Education

Bachelor’s degree in Supply Chain or related

MBA preferred

Tools

SAP

Jaggaer

Power BI

Job description

Bracco Diagnostics Inc. is a subsidiary of Bracco Imaging which is part of the overall Bracco Group. The Company specializes in the clinical development, marketing and sales of diagnostic contrast imaging agents. Bracco Diagnostics Inc. primarily markets its products to hospitals throughout the United States. Bracco Diagnostics Inc. is committed to the discovery, development, manufacturing and marketing of imaging agents and solutions aimed at providing a better use and management in terms of diagnostic efficacy, patient safety and cost effectiveness.

The Strategic Sourcing Manager is responsible for leading sourcing, supplier management, and contract negotiations across a wide range of indirect spend categories, including IT, marketing, professional services, facilities, transportation, and other corporate functions. This role focuses on developing category strategies, optimizing costs, mitigating supplier and compliance risks, and delivering measurable business value in a regulated environment.

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.

• Procurement certifications (CPSM, CIPS) a plus.

• 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

• Sustainability: Long-Term Value Creation; Accountability

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.

Work Environment

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.

Bracco Diagnostics Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, or any other protected status.