Senior Sourcing Executive - Clinical Contracts

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 high-impact sourcing and contracting strategies that reduce spend, enhance operational efficiency, and deliver measurable value for clients. You will guide complex negotiations—drafting, redlining, and shaping sophisticated contract terms in partnership with Legal—while managing the full sourcing lifecycle across diverse healthcare categories. You will influence outcomes with strategic insight, market intelligence, and strong judgment, serving as a trusted advisor to clients and internal teams. This role is designed for exceptional negotiators who excel in complex discussions, think critically, and lead with confidence. While exceptional negotiators from any industry can thrive here, candidates with experience leading sourcing and contracting across complex clinical categories (e.g., PPI, perioperative, capital, laboratory, or pharmacy) and partnering with physicians, clinicians, and hospital executives will be especially well positioned for success. Responsibilities Lead negotiation of complex contract terms and conditions and structure innovative solutions that meet client needs. Partner with Legal to draft, refine, and validate contract language for accuracy, compliance, and risk mitigation. Manage the full sourcing lifecycle, including opportunity assessment, RFP design, bid evaluation, supplier selection, and implementation support. Develop sourcing strategies based on spend analysis, market trends, benchmarking, and supplier dynamics. Identify and propose cost-savings initiatives grounded in financial analysis and market intelligence. Oversee contract maintenance, including amendments, renewals, compliance evaluation, and performance monitoring. Use analytical tools and contracting platforms to support workflow efficiency, documentation accuracy, and savings tracking. Present negotiation updates, sourcing strategies, risks, and recommendations to clients and internal leadership. Build and maintain strong partnerships with clients, suppliers, and internal stakeholders. Communicate complex strategies and negotiations clearly and effectively to executive-level audiences. Facilitate consensus among physicians, clinicians, and operational leaders to support sourcing decisions, contract adoption, and implementation. Qualifications Relevant degree preferred. Business, Supply Chain, Legal Studies, Healthcare Administration, or related field preferred. 5 or more years of relevant experience in strategic sourcing, contracting, healthcare supply chain, or a related field required. Expertise in drafting, redlining, and negotiating complex terms and conditions. Proven ability to lead complex sourcing initiatives involving multiple stakeholders, including physicians, clinicians, hospital leadership, and supplier partners. Strong analytical, financial, and problem-solving abilities. Exceptional verbal communication and presentation skills, which are critical for facilitating supplier discussions, clearly articulating contract changes, and ensuring alignment among internal stakeholders and clients throughout the sourcing and negotiation process. Proficiency in Microsoft Office. Ability to manage multiple priorities in a fast-paced, matrixed environment. Work Model This role follows a hybrid work model, requiring three days per week in the office. Office locations include Irving, TX; Centennial, CO; and Chicago, IL. Willingness to travel. Compensation The current salary range for this role is $88,900.00 to $155,500.00. This position is also incentive eligible. Benefits Vizient has a comprehensive benefits plan! Please view our benefits here: Equal Opportunity Employer 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. Working at 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. Headquarters 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. Enterprise Companies 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. #J-18808-Ljbffr Vizient, Inc