Sourcing Specialist

Job Description

Job Description

No 3rd parties, please... W2 only.

Sourcing Specialist

Duration: Open-ended contract

Must already live in Houston; will be working onsite 100%

Minimum Qualifications

Education

• Required: Bachelor's degree in science, healthcare, business, or a related field.
• Preferred: Advanced degree in business administration, management, hospital administration, or a related field.

Experience

• Required: Three to five years of progressively responsible experience in contracting, supply chain management, materials management, or a related field.
• Preferred: Three to five years of progressively responsible experience in an academic, healthcare, or comparable complex organizational environment, including at least three years of experience leading or managing contracting, supply chain management, materials management, or related procurement activities.

Job Summary

The Sourcing Specialist supports the strategic sourcing of goods, equipment, and services by identifying cost-saving opportunities, optimizing supplier relationships, and ensuring procurement activities align with organizational objectives. This position collaborates with internal customers, stakeholders, suppliers, group purchasing organizations (GPOs), and other higher education and healthcare institutions to identify opportunities for spend consolidation, contract optimization, and improved value. The Sourcing Specialist applies market intelligence, financial analysis, and strategic sourcing methodologies to drive cost efficiencies, mitigate risk, ensure regulatory compliance, and enhance procurement performance.

Essential Duties and Responsibilities

Strategic Sourcing and Contract Management: Assist in developing and executing strategic sourcing initiatives, including contract negotiations, requests for proposals (RFPs), supplier evaluations, and the implementation and administration of supplier contracts and agreements.

Supplier and Stakeholder Collaboration: Collaborate with suppliers, group purchasing organizations, and other higher education and healthcare institutions to identify emerging spend aggregation opportunities, leverage collective purchasing power, and improve procurement outcomes.

Market Intelligence and Analysis: Monitor supply markets, evaluate industry trends, conduct market research, and develop comprehensive reports and presentations to support strategic sourcing decisions and recommendations.

Regulatory and Policy Compliance: Ensure sourcing and contracting activities comply with applicable regulatory requirements, procurement guidelines, institutional policies, and established procedures at MD Anderson.

Procurement Technology Enablement: Partner with suppliers and internal stakeholders to implement and optimize procurement technology solutions, including eProcurement systems, electronic catalogs, and other tools that improve purchasing efficiency and contract utilization.

Customer and Stakeholder Engagement: Meet regularly with internal customers and stakeholders to understand business needs, identify sourcing opportunities, assess purchasing patterns, and proactively recommend strategies that maximize contract value and cost savings.

Financial and Cost Analysis: Perform complex financial and economic analyses using methodologies such as Total Cost of Ownership (TCO), lease-versus-buy evaluations, and economic value models to assess alternatives and support data-driven sourcing decisions.

Savings Identification and Reporting: Calculate, validate, track, and report actual and projected sourcing savings across assigned spend categories. Monitor performance against established savings targets and communicate results to relevant stakeholders.

Continuous Improvement: Identify opportunities to improve sourcing processes, supplier performance, contract compliance, and procurement efficiency through innovative approaches, data analysis, and best practices.

Cross-Functional Collaboration: Work collaboratively with internal departments, procurement teams, and external partners to align sourcing strategies with organizational priorities, operational requirements, and financial objectives.

Strategic Recommendations: Prepare and present sourcing analyses, business cases, recommendations, and performance reports to support informed decision-making and the achievement of procurement goals.

Other Duties: Perform other related duties and responsibilities as assigned.

Please email your resume for immediate consideration.