Vice President, McKesson Brands Sourcing
Apply NowCompany: McKesson
Location: Richmond, VA 23223
Description:
McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve - we care.
What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow's health today, we want to hear from you.
The Role
The Vice President of McKesson Brands Sourcing is a key leadership role within our private label medical surgical group. This role is responsible for defining and implementing comprehensive sourcing strategies that drive supply stability, cost optimization, and superior quality across our nearly $2B product portfolio. The leader of this important organization works collaboratively with numerous cross-functional teams, including product development, supply chain, legal, warehouse operations, and quality assurance to ensure sourcing aligns with corporate goals and customer needs. The Vice President of Sourcing will lead a high-performing sourcing team, cultivating strategic supplier relationships and fostering innovation in sourcing practices.
Key Responsibilities
Qualifications
Minimum Requirements
Critical Skills
Education
Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or related field (Master's degree strongly preferred).
Location
Richmond, VA
#LI-DNI
We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.
Our Base Pay Range for this position
$172,500 - $287,500
McKesson is an Equal Opportunity Employer
McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson's full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.
Join us at McKesson!
What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow's health today, we want to hear from you.
The Role
The Vice President of McKesson Brands Sourcing is a key leadership role within our private label medical surgical group. This role is responsible for defining and implementing comprehensive sourcing strategies that drive supply stability, cost optimization, and superior quality across our nearly $2B product portfolio. The leader of this important organization works collaboratively with numerous cross-functional teams, including product development, supply chain, legal, warehouse operations, and quality assurance to ensure sourcing aligns with corporate goals and customer needs. The Vice President of Sourcing will lead a high-performing sourcing team, cultivating strategic supplier relationships and fostering innovation in sourcing practices.
Key Responsibilities
- Strategic Leadership:
- Develop and execute sourcing strategies aligned with corporate objectives, ensuring supply chain resiliency, cost competitiveness, and strong and consistent quality.
- Oversee global and domestic sourcing activities, including supplier selection, negotiations, contract management, and performance evaluation.
- Align sourcing initiatives to support product development timelines and innovation efforts.
- Supplier Relationship Management:
- Build and maintain strong relationships with strategic suppliers, fostering collaboration, innovation, and long-term partnerships.
- Lead the team in conducting supplier evaluations and implementing performance improvement plans as needed.
- Monitor supplier performance metrics, including on-time delivery, quality standards, and cost adherence.
- Negotiation Expertise:
- Develop and execute robust negotiation strategies to achieve best-in-class pricing, terms, and conditions.
- Anticipate and mitigate potential risks related to cost fluctuations, regulatory changes, and geopolitical factors.
- Ensure compliance with company policies and ethical sourcing standards.
- Collaberation with Product Development:
- Partner with product development teams to identify and source materials and components that meet technical, quality, and cost requirements.
- Collaborate on the evaluation and selection of suppliers for new product development projects.
- Provide sourcing input on manufacturability, material selection, and scalability during product design stages.
- Team Leadership and Development:
- Lead, mentor, and inspire a team of sourcing professionals to achieve excellence in performance and career growth.
- Foster a culture of continuous improvement, innovation, and accountability within the sourcing organization.
- Develop and monitor team objectives, ensuring alignment with corporate goals.
- Cost Optimization and Risk Mitigation:
- Drive cost-saving initiatives without compromising quality or supply stability.
- Identify and mitigate supply chain risks through diversification, dual sourcing, and contingency planning.
- Evaluate global and regional market trends to proactively address supply challenges.
- Quality Assurance and Compliance
- Ensure suppliers meet rigorous quality standards required for medical device manufacturing.
- Collaborate with quality assurance and regulatory teams to ensure compliance with applicable regulations and certifications.
Qualifications
Minimum Requirements
- Minimum of 12-15 years of experience in sourcing, procurement, or supply chain management, with at least 5 years in a senior leadership role.
- Proven experience in developing and implementing strategic sourcing initiatives in a regulated industry, preferably medical devices or healthcare.
- Demonstrated expertise in negotiation, contract management, and supplier relationship management.
- Strong knowledge of product development processes, manufacturing operations, and quality systems in the medical device industry.
- Exceptional analytical, problem-solving, and decision-making skills.
- Excellent communication, collaboration, and leadership abilities.
- Global sourcing experience and knowledge of international trade regulations.
Critical Skills
- Strategic thinking and business acumen.
- Leadership and team development.
- Effective negotiation and conflict resolution.
- Results-driven mindset with a focus on cost, quality, and supply stability.
- Strong understanding of market dynamics and global sourcing trends.
Education
Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or related field (Master's degree strongly preferred).
Location
Richmond, VA
#LI-DNI
We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.
Our Base Pay Range for this position
$172,500 - $287,500
McKesson is an Equal Opportunity Employer
McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson's full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.
Join us at McKesson!