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Sourcing Executive

Vizient, Inc.
Centennial, CO Full Time
POSTED ON 11/12/2023 CLOSED ON 2/9/2024

What are the responsibilities and job description for the Sourcing Executive position at Vizient, Inc.?

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 be a lead strategic sourcing resource, dedicated to delivering best in class contracting strategies and expertise that result in supply chain cost reductions for a clinically driven regional aggregation group in the Northeast. You will accomplish this by contributing to all aspects of supply chain strategic sourcing processes including opportunity identification, soliciting input from member clinical experts and physicians, strategy building, contract development, negotiations, communications, documentation, and implementation. You will develop an aggregation group-specific contract strategy to reduce spending and craft savings solutions, improve operational efficiencies, and maximize delivered value. You will establish credibility as a trusted advisor through the development of key interpersonal relationship with health-system and supplier stakeholders.

Responsibilities:

  • Develop project plans and engage appropriate internal and external stakeholders to meet savings goals and business objectives through a variety of contracting strategies.

  • Evaluate client spend data to prioritize implementation of contracts based on highest savings opportunities before presenting a plan of priority to engagements.

  • Conduct and interpret financial analysis, market trends, and consult with subject matter experts to formulate contract strategy recommendations, and review existing agreement market relevance and pricing for negotiations.

  • Create strong relationships with suppliers, and internal and external customers across all product and service lines, conduct the bid process and generate Request for Proposals (RFP’s), and work with suppliers on specific terms, conditions, and pricing to achieve market relevant value.

  • Find strategies and cost savings to weather adversity and overcome new challenges facing our member hospitals.

Qualifications:

  • Relevant degree preferred.

  • 2 or more years’ relevant experience working in a contracting, contract management or supply chain related role required.

  • Ability to think critically and present information utilizing Microsoft tools required.

  • Health care contracting background with experience in successful contract negotiations preferred.

  • Must possess strong organization, relationship-building, and strategic partnering skills.

  • Willingness to travel.

Estimated Hiring Range:

$77,400.00 - $115,050.00

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.

Salary : $77,400 - $115,050

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Veterans Sourcing Group, LLC -
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