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Summary:  

In this role, you will be a lead strategic sourcing and implementation resource, dedicated to delivering best in class contracting strategies and expertise that result in supply chain cost reductions for a clinically driven regional aggregation group in the Northeast. You will accomplish this by contributing to all aspects of supply chain strategic sourcing processes including opportunity identification, soliciting input from member clinical experts and physicians, strategy building, contract development, negotiations, communications, documentation, and implementation. You will develop an aggregation group-specific contract strategy to reduce spending and craft savings solutions, improve operational efficiencies, and maximize delivered value.  You will establish credibility as a trusted advisor through the development of key interpersonal relationship with health-system and supplier stakeholders.

Responsibilities: 

• Develop project plans and engage appropriate internal and external stakeholders to meet savings goals and business objectives through a variety of contracting strategies.
• Develop customized contract strategy recommendations for more complex contracting needs (e.g., physician preference, clinical preference, purchase services, capital) to reduce spend, improve operational efficiencies, maximize delivered value, and ultimately achieve a higher level of member satisfaction.
• Conduct and interpret financial analysis, market trends, and consult with subject matter experts to formulate contract strategy recommendations. 
• Conduct ongoing price monitoring and contract maintenance utilizing Vizient benchmarking tools to review existing agreement market relevance and pricing for negotiations.
• Work with health-system stakeholders and teammates to identify new savings and contracting opportunities. 
• Identify gaps in contracting portfolio to ensure realization of engagement value. 
• Present savings initiatives and conduct contracting updates at engagement meetings.
• Create strong relationships with suppliers, and internal and external customers across all product and service lines. 
• Conduct the bid process and generate Request for Proposals (RFP’s). 
• Work with suppliers on specific terms and conditions and pricing to achieve market relevant value.
• Cultivate and build strong relationships with key internal stakeholders such as legal, analytics, backend systems, and the team supporting aptitude sourcing platform.
• Adapt to changing conditions and new challenges that face our member hospitals with agility and help them find strategies and cost savings to weather adversity and overcome new challenges.

Qualifications:

• Relevant degree preferred. MBA or master’s degree a plus.
• 5 or more years of relevant experience working in a contracting, contract management or supply chain related role required.
• Ability to think critically and effectively present information in a summary fashion utilizing Microsoft tools required.
• Demonstrated success in working in fast-paced, deadline driven environment.
• Health care contracting background with experience in successful contract negotiations preferred.
• Must possess strong relationship-building and strategic partnering skills.
• Willingness to travel.

Estimated Hiring Range:

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

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.