Global Strategic Sourcing Manager - Clinical; Durham, NC

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.

• 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.

• 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 Office
  365 (Word, Excel, PowerPoint, Outlook, Teams, SharePoint).
• Fortrea may consider relevant and equivalent experience in lieu of educational requirements.

• 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 note that additional benefit details are provided within the formal offer.

This is a hybrid role with the expectation to work within our Durham headquarters 2-3 days each week.