Exec Dir, Procurement - Diag Test Svcs
Quest Diagnostics
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 PortfoliosEstablish 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 requiredMaster’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 resultsExecutive presence. Ability to engage both internal and external supplier executive leadershipEffective 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 informationAdept 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
Confirm your E-mail: Send Email
All Jobs from Quest Diagnostics