Strategic Sourcing Specialist

Why Renovo?

Renovo Solutions is a nationwide healthcare technology management company. Our mission is to enable our employees to create customer-centric solutions that empower our healthcare and life science partners to deliver better outcomes and quality of life for the communities they serve. With a presence in 40+ states, we provide comprehensive solutions for managing & maintaining healthcare technologies. Our company's values of being People First, Customer Centric, Quality Focused, Innovative and Transparent demonstrate our beliefs in a strong culture and a commitment to excellence. We prioritize investing in our employees' development through ongoing training programs and a supportive work environment. Join our team to make a difference in healthcare while advancing your career with Renovo.

Summary

Renovo Solutions - Life Sciences partners with Vertex to provide comprehensive laboratory equipment asset management, service delivery, procurement, and strategic sourcing solutions. The Center of Excellence Specialist - Procurement & Strategic Sourcing is a full-time onsite position responsible for supporting sourcing strategies, supplier negotiations, contract optimization, spend management, and procurement activities across laboratory equipment, OEM/ISO service contracts, repairs, parts, and related services.

The position serves as a key commercial liaison between Vertex stakeholders, laboratory end users, suppliers, OEMs/ISOs, and Renovo operational teams, with a focus on cost savings, cost avoidance, supplier performance, financial transparency, and operational excellence.

What you will do

Strategic Sourcing & Negotiations:

• Develop and execute sourcing strategies for laboratory equipment, OEM/ISO service contracts, repairs, parts, and related services.
• Solicit, evaluate, and negotiate supplier quotes, pricing, discounts, labor rates, parts, SLAs, warranties, payment terms, and other commercial conditions.
• Identify opportunities for supplier consolidation, competitive bidding, volume leverage, standardization, and alternative sourcing.
• Partner with site sponsors, scientists, end users, and operational leaders to translate business requirements into sourcing strategies.
• Support equipment procurement and supplier negotiations as surge capacity requires.

Spend Management & Savings:

• Analyze OEM/ISO contract, repair, parts, T&M, and equipment spend to identify savings and cost-avoidance opportunities.
• Develop negotiation strategies using historical spend, utilization, contract terms, service requirements, and supplier performance.
• Track and report negotiated savings, cost avoidance, spend trends, and sourcing opportunities.
• Provide pricing, contract, and supplier data to support annual and multi-year budgeting and forecasting.

Contract & Supplier Management:

• Lead/support annual reviews and negotiations of PM-only, FSWP, standard, premium, and other service-level agreements.
• Maintain supplier, contract, pricing, PO, and equipment data within RenovoLive and applicable procurement systems.
• Monitor supplier performance against cost, quality, delivery, responsiveness, and contractual SLAs.
• Support supplier scorecards, corrective actions, and strategic supplier reviews.
• Validate invoices against contracts and POs and resolve pricing, scope, and billing discrepancies.

Stakeholder & Operational Partnership:

• Serve as a procurement business partner to Vertex sponsors, laboratory stakeholders, Renovo site leaders, and operational teams.
• Provide sourcing recommendations balancing cost, quality, risk, service level, operational requirements, and total cost of ownership.
• Participate in RAIL meetings, budget reviews, sourcing reviews, supplier meetings.
• Support purchase orders, vendor quotes, work orders, service documentation, T&M tracking, and supplier follow-up as required.
• Use procurement and asset-management data to identify trends, improve supplier accountability, and drive continuous improvement.

Required Competencies

• Strategic sourcing, procurement, and supplier negotiation
• Attention to detail
• Financial acumen and spend analysis
• Contract and supplier management
• Cost savings and cost-avoidance identification
• Data-driven decision making
• Strong stakeholder and supplier relationship management
• Excellent written and verbal communication
• Accountability, organization, and execution
• Customer-focused mindset
• Integrity and ethical procurement practices
• Understanding of laboratory equipment, quality, safety, and regulatory requirements

Success Measures

Success in this role is measured through negotiated savings, cost avoidance, contract optimization, supplier performance, procurement accuracy, sourcing cycle time, stakeholder satisfaction, data integrity, and contribution to Vertex's financial and operational objectives

Qualifications

• Bachelor's degree in Business preferred.
• 2+ years of experience in procurement.
• Proficiency in Excel and data visualization tools (e.g. Power BI).
• Experience working with laboratory equipment.
• Skilled in improving data accuracy, driving compliance, and supporting informed decision-making across cross-functional teams.
• Knowledge of GxP and data integrity requirements in regulated environments.
• Strong attention to detail.
• Excellent communication skills with the ability to translate data insights into strategic recommendations for non-technical audiences.
• Proven ability to work collaboratively across multidisciplinary teams in a fast-paced, mission-driven organization.
• Demonstrated impact on operational efficiency.
• Stakeholder satisfaction and adoption of data tools and dashboards.
• Experience working with business leaders and operation teams.

Required Competencies

• Accountability - takes ownership of assigned work and follows items through to completion
• Communication - clearly expresses thoughts and ideas both in written and verbal communications, provides timely information
• Financial Acumen - Considers financial impact of all decisions
• Integrity - Can admit mistakes, is direct and truthful
• Customer Service - demonstrates a "customer-first" mentality, focused on meeting the needs of customers and captures feedback to make improvements
• Priority Setting - Prioritizes assigned schedules and workload
• Team Building - Mentors newer technicians, facilitates clear communication amongst the team, demonstrates care and respect for co-workers and colleagues
• Regulatory - knows the various accrediting agencies (TJC, DNV, CAP, DOH) and how the Medical Equipment Management Plan complies

Safety Requirements

• Maintain a safe working environment for self and others if they come in contact within the biomed area in accordance with the facility's policies
• Must follow OSHA guidelines in regard to blood borne pathogens, airborne pathogens, radiation, sharp instruments and/or tools, hazardous liquids, and operating devices
• Ontime completion of safety training assignment
• Must have sensory ability to distinguish hot & cold ranges of temperature, surfaces, fine motor skills, manual dexterity, and detect/distinguish colors
• Must be able be able to carry or lift up to 50 pounds routinely

Classification

FLSA: Exempt

Note: This position description does not list every activity, duty, and responsibility of the position and may be altered by RENOVO at any time.

EEO Statement

RENOVO Solutions provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, RENOVO Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.