Strategic Sourcing Manager

The Project Sourcing Manager for Capital Equipment is responsible for the strategic sourcing, negotiation, and procurement of large-scale capital equipment for construction and infrastructure projects in the Lab space.This role ensures the timely and cost-effective procurement of lab specific complex mechanical and electrical equipment. The ideal candidate will have deep experience in project-based procurement, Electrical and mechanical assemblies, and contract negotiation in an industrial setting.Key Responsibilities:Strategic Sourcing & ProcurementDevelop and execute sourcing strategies for capital equipment aligned with project timelines and budgets.Lead competitive bidding processes (RFI/RFP/RFQ) and evaluate supplier proposals.Manage supplier selection, qualification, and onboarding processes.Project CoordinationCollaborate with project managers, engineers, construction, facilities team to deliver to each project milestone.Escalate risks as discovered with a plan and cross functional consensusAct as the primary point of contact between Supplier and project team for the capital equipment.Contract ManagementNegotiate Standard contractual terms with the supplier including commercial terms, warranties, payment terms, and delivery clauses for major equipment purchases.Negotiate project specific SOW and terms to implement project specific milestones.Work with legal and compliance teams to ensure contract adherence and risk mitigation.Maintain contract documentation and track supplier performance.Cost Control & OptimizationUsing TCO model drive cost savings through value engineering, volume leverage, and alternative sourcing strategies.Identify opportunities for standardization of equipment across multiple projects in multiple regions if applicableSupplier Relationship ManagementBuild and maintain strong relationships with strategic suppliers.Monitor supplier performance and resolve issues related to quality, delays, or non-compliance.Conduct supplier audits and performance reviews as required.Qualifications:Bachelor's degree in engineering, business, Information Technology, Supply Management, or related field, CPSM certification a plus.Minimum 3+ years of experience in developing and executing category strategies in purchasing of goods and services to support lab build, expansion and operations.Comfortable interacting with and presenting to senior leadership.Works independently, with guidance in only the most complex situations and lead functional teams/ projects.Proven track record of delivering significant and sustainable cost reductions through effective development and execution of sourcing strategy.Superior relationship management and cross-functional leadership skills.Experienced sourcing practitioner, understanding of best-practice sourcing methodology and a demonstrated track record of working ethically to achieve excellent outcomes.Knowledge of standard commercial contracting practices and procedures.Comfortable working in a fast-paced environment and able to navigate in times of uncertainty, prioritize, and manage expectations.Ability to take a hands-on approach to analyze and interpret spend data is support of sourcing initiatives and UL Solutions business objectives.Total Rewards:The estimated salary range for this position is $104,200 to $130,000 and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors.This position is eligible for annual bonus compensation with a target payout of 20% of the base salary.This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. #J-18808-Ljbffr