Director of Sourcing

Discover Vanderbilt University Medical Center Located in Nashville, Tennessee, Vanderbilt University Medical Center (VUMC) operates at the global crossroads of teaching, discovery, and patient care. Vanderbilt Health is committed to an environment where every employee can thrive, feel celebrated for their uniqueness, and take pride in contributing to a mission that advances health and wellness. Organization SC Sourcing Job Summary Director of Sourcing is a leadership role responsible for developing and executing the strategic vision for sourcing and supplier management within the organization. The director will lead a team to ensure that the acquisition of goods and services aligns with organizational objectives, cost‑efficiency, sustainability, and quality standards. They will establish strong relationships with suppliers, negotiate contracts, and oversee sourcing operations to drive innovation, mitigate risk, and ensure operational excellence. Key Responsibilities Develop and implement the organization’s sourcing strategy to support business goals and maximize value. Lead sourcing transformation initiatives to drive innovation, efficiency, and cost savings. Collaborate with cross‑functional teams (operations, finance, supply chain) to align sourcing strategies with broader organizational objectives. Build and maintain strong relationships with key suppliers, ensuring consistent quality, reliability, and cost‑effectiveness. Evaluate supplier performance through metrics and audits, driving continuous improvement and innovation. Identify and mitigate risks within the supplier network, ensuring supply chain continuity. Oversee contract negotiations to secure favorable terms while mitigating risks. Ensure compliance with legal, regulatory, and ethical standards in all procurement activities. Monitor contract performance and enforce agreements to optimize outcomes. Lead, mentor, and develop a high‑performing sourcing team, fostering a culture of collaboration, accountability, and excellence. Set clear goals, measure performance, and identify opportunities for professional development within the team. Identify cost‑saving opportunities across sourcing operations without compromising quality or service delivery. Develop and manage budgets for sourcing activities, ensuring cost‑effective procurement practices. Lead physician and clinician value analysis teams and processes. Develop strong presentations for leaders and value analysis teams. Drive initiatives to incorporate sustainable and socially responsible practices into sourcing strategies. Promote innovation within the sourcing function, leveraging emerging technologies and market trends. Develop and present regular reports on sourcing performance, savings achieved, and supplier metrics to senior leadership. Utilize data analytics to enhance decision‑making and identify opportunities for improvement. Qualifications Bachelor’s degree in Supply Chain Management, Business Administration, or related field; MBA or advanced degree preferred. 10+ years of progressive experience in healthcare contracting, with at least 5 years in a leadership role. Proven track record of developing and implementing successful sourcing strategies and driving measurable results. Strong negotiation skills and expertise in contract management. Excellent leadership and team management abilities, with a focus on empowering and developing employees. In‑depth knowledge of supply chain processes, market trends, and procurement best practices. Experience with procurement software and tools; familiarity with data analytics platforms is a plus. Experience with CLM programs. Exceptional communication and interpersonal skills, with the ability to engage effectively with internal stakeholders and external partners. Strong problem‑solving and decision‑making capabilities, with a focus on innovation and continuous improvement. Strong track record of participation and/or leading value analysis teams. Preferred Skills Experience in healthcare contracting and with healthcare suppliers. Knowledge of sustainability practices in procurement. Familiarity with regulatory and compliance requirements in the industry. Work Environment The Director of Sourcing will typically work in a corporate office setting but may require occasional travel to supplier locations, industry events, or company facilities. Core Accountabilities Implements strategies for a sub‑function with direct impact on function results. Resolves highly complex business issues that have immediate impact on own sub‑function, entity, and wider organizational implications. Applies expertise within professional/technical area and uses advanced business knowledge to develop objectives. Leads a sub‑function serving the organization at large or across one or more entities. Core Capabilities Develops self and others: Acts upon constructive feedback and initiates strategies to develop talent in others. Builds and maintains relationships: Leverages relationships to forecast potential future needs and influence delivery of work to exceed expectations. Communicates effectively: Anticipates audience concerns, styles, and finds mutually beneficial solutions across conflicting and sensitive issues. Serves others with compassion: Demonstrates in-depth knowledge of broad‑based issues and considers the interests of others to improve satisfaction. Solves complex problems: Critically evaluates complex information and identifies trends/risks to make recommendations. Offers meaningful advice and support: Provides ongoing feedback and development discussions. Performs excellent work: Anticipates problems and develops plans to meet quality standards. Ensures continuous improvement: Draws upon learning to determine key opportunities. Fulfills safety and regulatory requirements: Develops corrective actions for unsafe environments to ensure compliance. Demonstrates accountability: Identifies obstacles to goal achievement and develops solutions. Stewards organizational resources: Creates systems and processes to manage resources effectively. Make data‑driven decisions: Applies data knowledge to recommend and implement new approaches. Fosters innovation: Generates new ideas and leads development of initiatives that create value. Applies technology: Encourages use of technology in innovative ways to drive efficiencies. Adapts to change: Anticipates the change process and communicates impact to enable team embrace. Position Qualifications Work Experience : Relevant Work Experience Experience Level : 5 years Education : Bachelor's Vanderbilt Health is committed to fostering an environment where everyone has the chance to thrive and is committed to the principles of equal opportunity. EOE/Vets/Disabled. #J-18808-Ljbffr Nahse