Strategic Sourcing Associate-Healthcare

When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

In this role, you will partner with Service Line Directors for sourcing initiatives, providing sourcing and contracting support by utilizing strategic sourcing practices and processes to achieve annual savings targets and timely completion for member accounts. You will support Service Line Directors in providing guidance and contracting expertise for the sourcing of products and professional services categories, interfacing with stakeholders and approval committees as needed. You increase  the understanding of sourcing process and builds sourcing skills for strategy creation, identification of relevant stakeholder groups, and contract negotiations.

Responsibilities:

• Partner with Service Line Directors to assist in coordinating sourcing efforts for assigned projects, including development of the RFI / RFP, overseeing data analysis, and engaging member teams throughout the sourcing process to achieve goals and objectives.
• Partner with Service Line Directors and member representatives to identify and recommend opportunities for cost reduction through contract portfolio evaluation and custom contracting.
• Work with Service Line Director and team members to develop and achieve operational and financial goals for identified initiatives.
• Assist in facilitating client committees by participating in the development of agendas and following up on assigned action items.
• Support Service Line Directors in cross collaboration with other portfolios, by identifying differences in member and supplier experiences.
• Identify and report broader variables (e.g., legal, market conditions, manufacturing, political).
• Support the administration and negotiation of assigned contracts to achieve revenue influencing specific business and legal terms / requirements,  pricing, and value adds, building consensus between member, suppliers, and Vizient to craft solutions to meet member's needs.
• Work with Service Line Director to identify potential needs and / or additional contractual requirements.
• Support Service Line Director in fostering team, member, and supplier relationships by communicating, negotiating, and / or resolving issues effectively with internal and external stakeholders.
• Engage with various sourcing teams to facilitate the sourcing process and ensure team meets client deliverables.
• Evaluate and analyze member spend data to prioritize implementation of contracts based on savings, quality, and technology opportunities.
• Research products / categories and develops a working knowledge of the portfolio initiatives within work scope.

Qualifications:

• Relevant degree preferred in business administration, finance, operations research, materials management, economics or related field. Advanced degree is desired.
• 5 or more years’ experience in a combination of purchasing, materials management, warehouse operations, goods and services contracting, construction contracting, finance or other related areas.
• Must be able to work in a Labor/Management Partnership environment.
• Health care or Financial Services experience preferred.
• Experience working in a project-based environment is preferred.
• Willingness to travel.

Estimated Hiring Range:

At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $135,400.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

Equal Opportunity Employer:   Females/Minorities/Veterans/Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.