Portfolio Executive III - Pharmacy Sourcing

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 lead strategic pharmacy sourcing and contracting initiatives that drive cost savings, enhance portfolio performance, and deliver measurable value to clients. You will develop and execute contracting strategies, negotiate complex pharmaceutical agreements, and leverage market intelligence and financial analysis to identify opportunities for growth and optimization. You will collaborate with suppliers, clients, and cross-functional teams to strengthen partnerships, improve contract utilization, and ensure alignment with evolving healthcare market needs.
Responsibilities

Lead strategic sourcing, competitive bidding, and contract negotiations for complex pharmaceutical portfolios, including multi-million-dollar agreements.
Develop and execute category and contracting strategies that optimize financial performance, increase savings, and enhance client value.
Analyze pharmaceutical market trends, financial data, reimbursement dynamics, and emerging technologies to identify sourcing opportunities and inform strategic decisions.
Manage supplier relationships, negotiate contract terms, and develop initiatives that strengthen engagement and drive portfolio growth.
Collaborate with clients, suppliers, and cross-functional teams to identify business needs, address contracting challenges, and improve program utilization.
Oversee contract performance through financial modeling, budgeting, forecasting, and analysis of sales, savings, and revenue.
Lead business reviews and strategic planning discussions to communicate portfolio performance, market insights, contract enhancements, and growth opportunities.
Develop business cases and recommendations for new pharmacy programs, contracting opportunities, and portfolio enhancements.
Partner with legal, compliance, marketing, and internal teams to support contract execution, program implementation, and effective client communications.
Monitor existing contracts and pharmacy programs to ensure market competitiveness, regulatory alignment, and continuous improvement.
Qualifications

Relevant degree preferred.
5 or more years of relevant experience required.
Experience in pharmaceutical sourcing, strategic contracting, or supplier relationship management preferred.
Demonstrated experience negotiating complex agreements and managing competitive bidding processes.
Strong financial acumen with experience in financial modeling, budgeting, forecasting, and contract performance analysis.
Knowledge of pharmaceutical market dynamics, distribution channels, reimbursement trends, and healthcare contracting practices.
Strong analytical, problem-solving, and strategic decision-making skills.
Excellent written, verbal, negotiation, and presentation skills.
Ability to manage multiple priorities, collaborate across teams, and build effective client and supplier relationships.
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 $88,900.00 to $155,500.00. This position is also incentive eligible. Vizient has a comprehensive benefits plan! Please view our benefits here:
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.
About Vizient

Working at Vizient means shaping the future of healthcare, every day. Alongside our clients, we're building a healthier, more human healthcare system. We connect people, data, and solutions to enable healthcare organizations to improve financial sustainability, enhance system performance, and deliver better care.
Headquartered in Irving, Texas, with 11 offices across the United States, Vizient has more than 5,000 employees who bring deep expertise and a shared commitment to transforming healthcare. Together, we're solving some of the industry's most complex challenges while creating opportunities to learn, grow, and drive lasting change for healthcare organizations and the communities they serve.
Through our enterprise of companies, we deliver meaningful impact across the continuum of care:
Apexus - The exclusive contractor for 340B Drug Pricing Program, managed by the Health Resources and Services Administration.
aptitude - The industry's first online direct contracting market, supporting self-contracting activity between hospitals and suppliers.
Kaufman Hall - Leading healthcare advisory services to support our clients in achieving financial, clinical, and operational excellence.
Provista - Proven supply chain partner specializing in extended, diagnostic, and preventive care facilities, including surgery centers, home health, and senior living.

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