Madison, WI, United States of America
7 hours ago
Director, Strategic Sourcing

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At Exact Sciences, we’re helping change how the world prevents, detects and guides treatment for cancer. We give patients and clinicians the clarity needed to make confident decisions when they matter most. Join our team to find a purpose-driven career, an inclusive culture, and robust benefits to support your life while you’re working to help others.

Position Overview

The Director, Strategic Sourcing oversees the comprehensive management and strategic execution of sourcing activities for Exact Sciences’ Operations, R&D, and Clinical Lab teams. This role will be instrumental in developing and maintaining corporate supplier relationships that align with the company's objectives, while driving value creation, innovation, and operational excellence across the enterprise. The Director provides thought leadership on sourcing best practices to the Strategic Sourcing team, cross functional partners, senior, and executive leadership.

By combining leadership, strategic vision, and a deep understanding of sourcing and supply chain management, the Director, Strategic Sourcing will play a pivotal role in positioning Exact Sciences as a leader in operational excellence, cost efficiency, and supplier collaboration.

Essential Duties

Include, but are not limited to, the following:

Oversee team responsible for overall for external supplier spend related to all aspects of R&D, Operations, and Clinical lab.Manage external suppliers on behalf of the corporation to negotiate long-term, enterprise-wide relationships and contracts.Develop direct materials category strategy through stakeholder engagement, market intelligence research, supplier research, RFP, and RFIs.Serve as primary point of contact for strategic business discussion, long range supply and capacity planning, and business development. Oversee category budget initiatives while balancing risk, overall product availability, quality, and ability to change factors.Proactively lead category-level sourcing strategy through executive influence and stakeholder engagement.Oversee external network performance reviews for assigned categories and modalities. Drive cultural change within Company to aggressively manage operational resources. Support make vs. buy analysis.Serve as escalation point for direct reports and operations team members for recurrent or chronic performance issues from suppliers. Stay informed and knowledgeable of relevant development and commercial pipeline and material supplier capabilities, offerings, capabilities as they relate to potential or known Exact Science pipeline needs.Review quality and technical execution expectations with vendors as needed across assigned modality/ categories.Execute strategic sourcing process that leverages company-wide economies of scale.Lead development of Key Performance Indicators (KPIs), Service Level Agreements (SLAs) and related Service Level Credits (SLCs) for critical suppliers as part of contract negotiations to ensure performance obligations are being met or exceeded. Develop and implement category management strategies across spend categories supporting Operations, R&D, and Clinical Labs. Advise on category charter, and category execution plans.Monitor overall category strategy development and implementation, suggest changes to the strategy in line with the changing business environment and related supplier markets. Partner with supplier management and related business owners to identify and resolve emerging issues with suppliers.Lead enterprise-critical contract negotiation with strategic supplier leadership to meet budget and risk mitigation objectives.Effectively manage, support, and guide your team, including, but not limited to delegating tasks and responsibilities, assessing employee performance and providing helpful feedback and training opportunities.Consistent demonstration of exceptional leadership qualities, including, but not limited to the ability to attract and retain the best team, foster a culture of high performance, lead with integrity, humility, accountability, and courage, and set a clear vision to energize teams towards the future.   Uphold company mission and values through accountability, innovation, integrity, quality, and teamwork.Support and comply with the company’s Quality Management System policies and procedures.Ability to act with an inclusion mindset and model these behaviors for the organization.Ability to set a working schedule that allows for flexibility that is hybrid in nature, working 3+ days a week in an office location.Ability and means to travel 20% between Exact Sciences locations and supplier locations which may include overnights and weekend travel.Ability and means to travel 5% between Exact Sciences location Madison locations.

Minimum Qualifications

Bachelor’s Degree in Supply Chain, Finance, or a field related to the essential duties of this role.12+ years of experience in a sourcing/supply chain management role or a field related to the essential duties of this role.7+ years of experience in supplier management and negotiations.5+ years of experience in direct leadership.Demonstrated ability to perform the essential duties of the position with or without accommodation.Authorization to work in the United States without sponsorship.

Preferred Qualifications

CPSM, CPIM or professional procurement certification.#LI-CL1

Salary Range:

$174,000.00 - $277,000.00

 

The annual base salary shown is for this position located in US - WI - Madison on a full-time basis and may differ by hiring location. In addition, this position is bonus eligible, and is eligible to be considered for company stock at hire and on an annual basis.

Exact Sciences is proud to offer an employee experience that includes paid time off (including days for vacation, holidays, volunteering, and personal time), paid leave for parents and caregivers, a retirement savings plan, wellness support, and health benefits including medical, prescription drug, dental, and vision coverage. Learn more about our benefits.

Our success relies on the experiences and perspectives of a diverse team, and Exact Sciences fosters a culture where all employees can develop personally and professionally with a sense of respect and belonging. If you require an accommodation, please contact us here.

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We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, creed, disability, gender identity, national origin, protected veteran status, race, religion, sex, sexual orientation, and any other status protected by applicable local, state, or federal law. Any applicant or employee may request to view applicable portions of the company’s affirmative action program.

To view the Right to Work, E-Verify Employer, and Pay Transparency notices and Federal, Federal Contractor, and State employment law posters, visit our compliance hub. The documents summarize important details of the law and provide key points that you have a right to know.

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