Global Strategic Sourcing Senior Director

As the Sr. Director of Global Sourcing, you will provide strategic leadership for the Global Procurement Services organization, driving transformational initiatives and ensuring alignment with corporate objectives. You will oversee the development and execution of category strategies to optimize costs and drive value creation.

Summary of Responsibilities:

• Provide strategic leadership for the Global Procurement Services organization, driving transformational initiatives and ensuring alignment with corporate objectives.

• Develop, manage, and execute category strategies to support Fortrea's strategic imperatives and mission.

• Partner with leaders across the enterprise to provide efficient and effective category strategies and preferred suppliers.

• Lead cross-functional stakeholder teams on strategic sourcing initiatives, driving value through supplier relationship management.

• 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.

• Develop, monitor, and analyze procurement metrics and spend analytics to drive continuous improvement.

• Conduct market research and analysis to identify potential suppliers and negotiate favorable terms and pricing.

• Provide advice on all procurement related issues and discuss detailed contractual issues on a wide and varied portfolio with stakeholders to ensure that (i) contractual terms and obligations are fully understood, (ii) both financial, operational, and supply risks are minimized, and (iii) stakeholders fully understand and remain in compliance with finance, legal and procurement procedures

• Ensure compliance with company policies, industry regulations, and ethical procurement practices

• Deliver savings and value targets across multiple dimensions, including material deflation and cost optimization.

Qualifications (Minimum Required):

• Bachelor's degree in Business Administration, Supply Chain Management; MBA preferred or a related field

• A deep knowledge of leading sourcing processes, market trends, benchmarks, and best practices across categories under management

• In-depth knowledge of building and implementing 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 Office365 (Word, Excel, PowerPoint, Outlook, Teams, SharePoint)

"Fortrea may consider relevant and equivalent experience in lieu of educational requirements."

Experience (Minimum Required):

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

• 15+ years of experience in procurement or strategic sourcing roles or allied fields

• Strong negotiation, communication, and project management skills.

• Ability to lead sourcing projects and teams 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

• 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: $175,000-$200,000 USD base annual salary

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), Company bonus where applicable.

The application deadline is May 15, 2025.

This role will be hybrid and will be expected to work in our Durham, NC office as needed.

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