Strategic Sourcing & Procurement Manager

Develops sourcing strategies and directs team, suppliers, and internal stakeholders to achieve continuity of supplies while driving continuous improvement, driving staff engagement, and cost reduction. Identifies opportunities, develops and executes sourcing action plans to maximize optimal outcomes. Develops and maintains proactive relationships with Medical Staff, Leadership, and interfacing departments. Manages both the Sourcing and Procurement teams in daily operations, monthly budgetary oversight, and staff management.

Responsibilities:

• Assists the Director with the day-to-day operations of Procurement and Sourcing services
• Establish sourcing strategies as a structural process relating to prioritization and planning of contracting and cost reduction activities. Develop, implement, and maintain purchasing and materials management procedures and policies to ensure optimal supply inventory, cost efficiencies and standardization of required supplies. Collaborate with stakeholders to develop specifications, requests for proposals, to place and review bids to ensure alignment with organizational objectives.
• Maximize achievement while complying with goals, contracts, regulatory agencies, and legal requirements.
• Manage sourcing strategies to maximize quality and value in a way that includes all stakeholders; maintains integrity and objectivity in the process ensuring quality is never compromised for cost reduction.
• Partners with Value Analysis team to stablish and maintain open communication with end users and key suppliers to identify and prioritize opportunities, while planning for implementation of approved products to drive full realization of cost savings.
• Manage contracts and suppler performance to ensure commitments are met by monitoring budget variances, timing, and quality of work.
• Leads negotiations to secure optimum pricing, quantity, and delivery.
• Partners with the Value Analysis teams and Collaborates with cross-functional leadership to determine appropriate membership and representation for Value Analysis teams and initiatives.
• Ensure stakeholders are informed on Strategic Sourcing Team's ability to reduce cost and improve performance.
• Effectively utilize data to identify and lead implementation opportunities in areas of utilization, while keeping the goal of best practice as the priority.
• Utilizes appropriate resources (i.e. GPO and benchmarking) to perform data analyses to support process activities.
• Partners with Value Analysis in coordination, evaluation, implementation for clinical products and services. Provides assistance with new product requests and establishing appropriate evaluation criteria and compiles results for presentation to Value Analysis teams.
• Ensure priorities are handled effectively by modifying actions as necessary.
• With leadership input, develops and establishes financial and operational goals.
• Responsible for oversight and management of budgetary goals specific to the Sourcing and Procurement teams
• Leads reduction in cost of ownership for Capital acquisitions through pricing negotiation; ancillary cost reduction through service and consumable agreements.
• Responsible for ensuring savings goals are adhered to while fairly representing the needs of all departments and maintaining mission and core values.
• Leads in the coordination and evaluations for clinical and non-clinical products and services, when appropriate
• Provides financial information as needed for budgetary needs, i.e. Operational Service Budget.
• Makes appropriate recommendations to facilitate and improve procurement and sourcing operations
• Manages the processing of requisitions, purchase orders, contracts, and agreements in a timely and professional manner
• Provides leadership and strategic direction over procurement functions; including standardization of work processes
• Provides a strong partnership with the MMIS team for accuracy of the procurement system data.
• Manages the Sourcing activities related to contracts flowing through the electronic contract management process
• Oversees the management of uploading new supply contracts into company as well as partnering with the MMIS team for building and maintaining item information in the MMIS system.
• Purposeful practice of the Client's Core value of Continuous Improvement by actively pursuing education in industry leading sourcing and procurement practices and process improvements; being willing to implement where applicable and taking full advantage of technology when possible.
• Monitors Sourcing Analysts and Procurement Supervisor performance using applicable tools and overall workload management, and addresses improvement activities as needed.
• Maintains professional growth and assists with growth of others within the area of responsibility.

Minimum Job Qualifications

• Educational Requirements: Bachelor's Degree in healthcare, business, or similar applicable area of study.
• Minimum Experience: Minimum five (5) years experience in supply chain or strategic sourcing with proven project management experience.

Preferred Job Qualifications

• Preferred Licensure or other certifications:
• Preferred Educational Requirements:
• Preferred Experience: Knowledge of products to be sourced, clinical experience.

Other:
Job Specific and Unique Knowledge, Skills and Abilities

• Strong analytical skills with ability to think strategically
• Skilled in manipulation of analytical software
• Strong negotiation skills; able to structure agreements for purchased services, products and equipment
• Excellent multi-level communication skills
• Strong project management skills with emphasis on people development
• Excellent interpersonal skills, including the ability to influence/attain buy-in from internal and external stakeholders
• Strong organizational skills with ability to manage multiple projects simultaneously and respond rapidly to changing priorities
• Active participation in performance improvement as needed
• Strong background knowledge of medical procedures, equipment, and supplies
• Strong understanding of the procurement processes and daily operations
• Ability to plan, organize, direct, and evaluate activities related to increased efficiency in addition to cost reduction

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