Sourcing Director

Get AI-powered advice on this job and more exclusive features. This range is provided by TalentCraft. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $160,000.00/yr - $175,000.00/yr Direct message the job poster from TalentCraft Experienced Recruitment Professional | Life Sciences, Clinical Research, Healthcare | Sourcing, Screening, Candidate Engagement, & Strategic Hiring Position Title: Director, Sourcing Location: Cary, NC (Hybrid) Employment Type: Full-Time Position Summary The Director of Sourcing will lead the development and implementation of sourcing strategies, vendor management initiatives, and risk mitigation plans. This position is responsible for sourcing, contracting, and maintaining strategic relationships with suppliers of materials and services. The role focuses on driving cost efficiency, operational excellence, and innovative procurement solutions. Key Responsibilities Design and execute sourcing and procurement strategies aligned with business growth, EBITDA goals, innovation efforts, operational efficiency, and sustainability objectives. Draft, negotiate, and manage contracts and statements of work with suppliers, service providers, and customers. Partner with cross-functional teams to implement and operationalize new or revised agreement scopes. Cultivate strong, collaborative relationships with global vendors to foster innovation in product formats and cost-saving opportunities. Work alongside operations, marketing, and R&D teams to create and maintain risk management strategies that support product lifecycle planning and budget forecasting. Support innovation and core brand growth by collaborating with R&D, production, packaging engineering, and supply planning teams. Lead the company-wide procurement strategy, focusing on contract negotiation, cost management, and cross-functional initiatives to reduce operating expenses. Manage RFQ processes for existing suppliers to optimize total cost of ownership. Build and maintain strong internal stakeholder and executive-level relationships. Monitor and analyze supplier performance, capabilities, and strategic alignment—intervening as necessary to ensure continued business success. Qualifications Education: Bachelor's degree in Business, Supply Chain Management, or a related field (Master’s degree preferred). Experience: Minimum of 7 years in sourcing/procurement, with a strong background in strategy development, vendor relationship management, and risk mitigation. Proven experience working across multiple departments in a collaborative environment. Strong communication skills with the ability to identify, prioritize, and escalate risks appropriately. Skilled in timeline tracking and dashboard reporting for effective decision-making. Demonstrated success in vendor negotiations, including complex contract discussions. Skills & Abilities: Strong leadership presence with effective communication across all levels, including executive leadership. Ability to drive results in a dynamic and fast-paced environment. Travel Requirements Primarily local travel during business hours. Occasional out-of-area or overnight travel may be required. Competitive base salary with performance-based bonus incentives. Medical, Dental, and Vision Insurance Health Savings Account (HSA) & Flexible Spending Account (FSA) Employee Assistance Program 401(k) with company match Generous Paid Time Off (PTO) and 14+ Paid Holidays Seniority level Seniority level Director Employment type Employment type Full-time Job function Job function Supply Chain Industries Transportation, Logistics, Supply Chain and Storage Referrals increase your chances of interviewing at TalentCraft by 2x Inferred from the description for this job Medical insurance Vision insurance 401(k) Paid paternity leave Paid maternity leave Get notified about new Sourcing Director jobs in Cary, NC . Director, Supply Chain Management Western Hemisphere Director, Western Supply Chain Management Unit (Hybrid) Associate Director QA for Materials, Supply Chain and QC Strategic Sourcing Manager (Sourcing Post) Manager, Procurement – Biochemicals and Biologicals Capital Projects Sourcing Manager (Pharma) Holly Springs, NC $62.00-$75.00 20 hours ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr