Quest Diagnostics · 2 days ago
Sr. Category Specialist
Norristown, PA
Full-time
Onsite
Senior Level
5+ years expQuest Diagnostics is a leading provider of diagnostic information services. They are seeking a Sr. Category Specialist to negotiate contracts for goods and services, manage ongoing procurement programs, and collaborate with various business units to identify cost-saving opportunities.
BiotechnologyHealth CareHealth DiagnosticsInformation ServicesPrecision Medicine
Responsibilities
Negotiate all elements of assigned supplier agreements to ensure the lowest total cost of procurement, including product cost, various commercial terms, and performance metrics
Conduct business alignment opportunity analysis to identify internal opportunities with various lines of business and present the business case
Align closely with Category Managers to develop, assess, and implement strategic sourcing plans for categories assigned
Ability to conduct thorough RFP analysis for effective evaluation of suppliers' competitiveness
Secure compliance with the terms and conditions of supplier agreements
Identify and execute opportunities for procurement cost reduction and supplier performance improvement
Execute strategy for compliance actions/corrective actions, work closely with Quality/Governance to ensure implementation
Complete contract due diligence and lead implementation activities
Track and manage savings targets to ensure savings are captured and recorded correctly
Resolve commercial issues associated with supplier performance issues, and as cost recovery for quality problems and rework, etc
Lead appropriate teams through the Supplier Selection Process to ensure ongoing/improved value (quality, service, cost) to Quest Diagnostics
Provide detailed analysis and information that may have a financial impact on sourcing decisions
Independently manage segments in functional areas, such as data gathering, detailed analysis, and report generation. Work and coordinate with various businesses throughout the organization
Effectively leverages all resources (time, information, company position, communication skills) to achieve outstanding results
Ability to maintain strong relationships and exert influence when needed
Ability to quickly grasp business direction, customer requirements, and supply chain management strategies
Proven ability to communicate to the right audience in a timely fashion using an effective communication method, depending on the nature of the information
Proven capability and capacity to manage multiple projects and functional supplier relationships while addressing tactical supplier performance issues
Perform other duties as assigned
Qualification
Required
Bachelor's degree in Supply Chain or Business
5 -8 years' experience in sourcing/procurement in a similar or related industry, preferably in a global organization
Proven track record in developing and managing supplier relationships worldwide over multiple product lines, resulting in improved performance and cost
Working knowledge of purchasing, planning, PeopleSoft, and systems applications such as MS PowerPoint, Access, and Excel
Strong cost modeling knowledge
Excellent verbal and written skills
Strong consensus-building, teamwork, and creativity
Must demonstrate competencies, such as, Negotiation, Financial Acumen, Relationship Management, Problem solving, Adaptability, and Change management
Preferred
MS/MBA degree in disciplines such as Supply Chain or Finance is a plus
Benefits
Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours
Best-in-class well-being programs
Annual, no-cost health assessment program Blueprint for Wellness®
HealthyMINDS mental health program
Vacation and Health/Flex Time
6 Holidays plus 1 "MyDay" off
FinFit financial coaching and services
401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service
Employee stock purchase plan
Life and disability insurance, plus buy-up option
Flexible Spending Accounts
Annual incentive plans
Matching gifts program
Education assistance through MyQuest for Education
Career advancement opportunities
And so much more!
Company
Quest Diagnostics
Quest Diagnostics is a clinical laboratory that offers diagnostic testing, services, and information.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$2.6B2024-08-15Post Ipo Debt· $1.85B
2023-10-30Post Ipo Debt· $750M
1996-12-17IPO
Leadership Team
James Davis
Chief Executive Officer and President
Cecilia McKenney
SVP & Chief Human Resources Officer
Recent News
2026-01-09
Company data provided by crunchbase