The Executive Director for Diagnostics Products Sourcing, is the strategic sourcing leader managing a team of procurement professionals focused on Advanced and General Diagnostics testing portfolios. This individual is responsible for leveraging an annual spend valued at over $1.7B across a supply base of more than 500+ supplier partners. This role requires deep external and internal stakeholder engagements in support of, and in alignment with the company's future business needs.
- Define and develop sourcing strategy for each category in the Advanced and General Diagnostics Portfolios
- Establish objectives for the spend categories along with developing the strategy for the short term and long-term sourcing plans.
- Partner with all key internal stakeholders such as Laboratory operations, R&D, Medical Quality and Franchise, in sourcing strategy development and execution.
- Deliver on financial targets, savings, margin improvements, and adequate return on investments, through successful execution of category strategies.
- Participate/lead key supplier negotiations as required.
- Assure compliance with Quest Diagnostics internal procurement policy and governance requirements.
- Manage and cultivate key supplier strategic relationships and assure performance expectations are met.
- Develop and lead a high-performing team. Provide coaching, feedback, guidance, development, training, and opportunities to continually enhance performance and engagement of individuals and the overall team.
- Communicate routinely with other Portfolio Leaders to ensure "best practice" assimilation, process consistency, knowledge transfer, etc.
- Support new business acquisition due diligence efforts and onboarding activities.
Education & Experience:
- Bachelor's degree in supply chain, business or related field required
- Master's degree or MBA preferred.
- Minimum 10 years' experience in business management (procurement, supply chain management, operational, or management consulting)
- Minimum 6 years and high level of proficiency with core Procurement skills (strategic sourcing, negotiating, and category management)
- Minimum 5 years' experience directly leading people and teams.
- Experience in the healthcare industry preferred.
- Track record of consistent career and leadership progression, taking on increasing levels of responsibility and delivering high quality results
- Executive presence. Ability to engage both internal and external supplier executive leadership
- Effective negotiator with strong track record of driving maximum financial and operational results.
- Excellent relationship management skills both internal and external. Ability to interact with customers and clients at executive level.
- Strong influencing skills with ability to see issues from multiple viewpoints and understand differing needs of stakeholders.
- Strong verbal and written communication skills with ability to confidently present complex information
- Adept in managing ambiguity.
- Results oriented, metrics driven leader with a root cause, permanent fix approach, continuous improvement approach.
- Strong leadership, interpersonal skills, and unquestioned integrity and trust.
Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets
|