Contract Specialist

You are viewing a preview of this job. Log in or register to view more details about this job. At Fairview, we believe in the power of possibility — within ourselves, our teams, and the communities we serve. We believe that leadership isn’t just a title — it’s a mindset we all share. Whether you’re providing hands‑on care, innovating behind the scenes, or supporting those who do, your work matters. Job Overview Overview The Contract Specialist is responsible for developing, negotiating, managing and maintaining supply, equipment, equipment maintenance and/or purchased service contracts for assigned areas. Responsibilities Develop, negotiate, and maintain system‑wide contracts within areas of responsibility. Annual contract portfolio is between $40 and $60 Million Understands Business Owners requirements Develops strategy prior to negotiation Conducts negotiations with vendors Drafts contracts and contract summaries using approved templates/language; obtains signatures as per policy Reviews contracts for financial issues and liabilities risks and redlines/revises contracts to address issues. Facilitates risk reviews with key stakeholders as appropriate Identifies and documents savings and/or cost avoidance Enter and maintains contract information into contract management system Provides pricing to Contract Specialist Associate to coordinate into contract management system Manage supplier relationships to ensure performance to commitments and Fairview standards Establish parameters with Business Owner/Stakeholders for managing contract terms, timelines, deliverables Facilitate routine contract review with vendor and end‑user department accountable for contract Contracting/analytical lead for system‑wide Supply Chain project team(s) to promote standardization and cost reduction in areas of responsibility to achieve cost savings goals Analyzes opportunities for standardization, cost savings Develops cross‑reference processes and tools with vendors Analyzes cross‑references, summarizes opportunities and presents options and recommendations to Value Analysis Team, Business Owner, and/or Department and Service Line leaders. Prepares final cross‑reference and financial analysis Develops methodology, calculates and documents projected savings by project by site for Savings and Tracking tool Leads or participates on multidisciplinary Process Improvement teams as Contracting expert to streamline processes related to Supply Chain contracting. Maintain accurate contract information in contract management system and GPO partner. Updates Contract Specialist Associate on price changes, additions, as needed so that Associate can coordinate with Purchasing Control Coordinator Maintain accurate information in Rebate Tracker. Enter estimated frequency and amounts for Contract Administrator to coordinate receipt of refunds. Provide breakdown by site, if requested Update Portfolio Managers and provide Savings and Tracking Form when rebates are received Review/Approve Capital Requisitions in contract management system. Support Business Owners in Capital Approval Process, review and negotiate quotes, process contracts (when applicable) and save in contract management system. Required Qualifications B.S./B.A. in Business or related field 4 years of relevant contract work experience in supply chain or a purchasing function in area of specialty; must have knowledge of products/services used in area of specialty, healthcare, or related areas #J-18808-Ljbffr