Director, Global Sourcing & Product Development

Director, Global Sourcing & Product Development

Location: On-Site (Budd Lake, NJ / Parsippany, NJ) Position Type: Full-Time, Direct-Hire Target Compensation: $150,000 – $175,000 Base Salary

Industry: Medical Supplies & Healthcare Solutions Seniority Level: Director (Hands-on Leadership / Individual Contributor)

About the Role

We are seeking a commercially minded, hands-on Director of Global Sourcing & Product Development to lead global supply chain initiatives and drive innovative new product development in advanced healthcare solutions.

This role serves as a key bridge between global manufacturing partners and internal cross-functional commercial teams. The ideal candidate brings deep expertise in sourcing medical consumables, devices, and personal protective equipment (PPE), along with a track record of executing successful product launches from ideation to delivery.

Key Responsibilities

Global Sourcing & Supplier Management

Market & Geopolitical Analysis: Analyze global market dynamics, manufacturing landscapes, raw material trends, and geopolitical factors to align supply strategies with corporate goals.

Supplier Selection & Development: Identify, evaluate, and qualify primary, secondary, and tertiary manufacturing partners across global regions.

Commercial Negotiation: Lead competitive pricing and contract negotiations, securing favorable terms while maintaining rigorous manufacturing quality and efficiency standards.

Performance Tracking: Build and maintain supplier relationship management frameworks to monitor manufacturing metrics, cost competitiveness, quality, and on-time delivery.

Global Travel: Travel internationally to conduct factory visits, perform supplier audits, and participate in industry conferences.

New Product Development (NPD)

Product Strategy & Launch: Partner with executive leadership to plan and execute global NPD initiatives across targeted medical supplies, consumables, and devices.

Clinical & Technical Evaluation: Build clinical and in-use expertise to evaluate product design, regulatory requirements, and competitive positioning.

Product Lifecycle Ownership: Oversee product design validation, sample testing, and clinical performance standards directly with manufacturing sites and sales teams.

Specifications & Compliance: Maintain technical documentation, material specifications, and quality test records to ensure strict regulatory compliance.

Cross-Functional Collaboration: Partner closely with R&D, Quality, Regulatory, Operations, Marketing, and Sales teams to support seamless commercial rollouts and internal product training.

Required Qualifications & Experience

Education: Bachelor’s degree in Business, Supply Chain, Engineering, or a related technical discipline required.

Experience: 7+ years of progressive experience in global sourcing, product design, and medical product launches.

Industry Domain Knowledge: Demonstrated experience sourcing healthcare consumables, PPE, surgical tools, or operating room products.

Negotiation & Procurement: Proven track record in supplier evaluation, factory audits, direct pricing negotiations, and strategic global diversification.

Project & Technical Management: Advanced analytical skills with a history of delivering product initiatives on time and against defined performance metrics.

Mobility: Ability and willingness to travel internationally to overseas manufacturing facilities and global trade events.

Compensation / Pay Rate (Up to): $150,000.00 - $175,000.00 Per Year