Strategic Sourcing Manager

For this contract position with a leading healthcare provider, you will be functioning as a team lead, guiding work and providing input to others. You will be contributing focused expertise and driving a culture of spending discipline for more complex spend categories (ie complex services) via the employment of efficient, effective and best-in-class strategic sourcing, contract management, negotiation and supplier management practices and leveraging identified company implemented technology.

The successful candidate will build and own relationships with internal customers, ensure regulatory compliance, mitigate company risk and contribute to the client's profitability. Also responsible for following the M/WBE and other social strategies. Specific areas of focus for a Strategic Sourcing Manager include IT Core Relationships, Professional Services, REAF, Marketing, and Health Care Services/Pharmacy.

ESSENTIAL FUNCTIONS

- Develop sustainable strategies for moderate to highly complex spend categories that include spend analysis, market and geographic considerations, and strategic importance, etc.
- Implement appropriate sourcing strategies to support corporate and divisional objectives, control the company's purchased material costs and to assure an adequate source of supply.
- Lead sourcing events that will provide the company competitive advantage in the areas of materials, supplies, and services.
- Create, manage and promote sound relationships with strategic suppliers and internal business partners.
- Manage suppliers, total cost, quality, and delivery performance.
- Manage and optimize supplier performance, including contract compliance, continuous improvement, innovations, obsolescence and reduction in total cost of ownership.
- Conduct periodic strategic supplier business reviews and supplier visits.
- Foster collaborative relationships with multiple business partners and strategic suppliers.
- Locate, analyze, and develop a consolidated supplier base to meet current and future commodity needs.
- Evaluate the current market conditions on a regular basis and make changes to support any market changes.
- Manage and facilitate all facets of supply management activities between division business units and their suppliers.
- Negotiate and manage all contracts and agreements for assigned commodities ensuring the relentless pursuit of cost savings and favorable terms.
- Understand, track, and forecast the key cost drivers and market factors for assigned commodities.
- Identify and evaluate business risks in contracts and advise the business owner of their performance obligations to mitigation said risk.
- Develop focus area knowledge and expertise within the commodity focus teams to further understand company-wide needs and evaluate suppliers within the focus area.
- Foster an environment of continuous learning and focus amongst the sourcing management analysts in the same focus group.
- Understand the nuances and complexities of a varied and complex commodity group.
- Drive continuous improvement in all aspects of the procurement process including the evaluation of existing contracts for savings opportunities.
- Utilize the eSourcing and contract life cycle management procurement software to create, manage and monitor contracts and approvals, souring events, online auctions, RFx creation and maintenance, etc.
- Collaborate with internal business partners to ensure their business, contracting, and purchasing needs are met.
- Promote awareness and compliance of procurement policies throughout the organization
- Accountable for adherence to all security, safety and emergency procedures within the department.
- Obtain and maintain procurement/supply chain certification.
- Serve as the point of procurement contact for contract and supplier management issues.
- Ensure contract administration, negotiation and supplier management practices remain current with industry best practice.
- Ensure adherence to the appropriate contract approval workflow and procurement processes/policies within the organization.
- Ensure all activities conducted are in compliance with SOX requirements and internal policies and procedures.

QUALIFICATIONS

- Bachelor's degree in business or technology and 10 years of procurement/supply chain experience, including 4 years strategic sourcing experience, or equivalent combination of education and experience
- Past leadership experience in supply chain, procurement, or healthcare industries
- Advanced contracting skills - knowledge of contracting principles, laws, regulations and industry standards
- Advanced planning and negotiation skills
- Proven leadership track record in initiating change and challenging the status quo
- Ability to communicate and sell change
- In-depth knowledge of Supply Chain fundamentals
- Experience in identified spend category industry desired
- Ability to apply key procurement skills
- Demonstrated ability to market departmental offerings to the rest of the organization
- Strong written, verbal communications and presentation skills
- Detail and multi-task oriented with the ability to handle rapid changes both in the market place and in the work environment
- Ability to lead teams through change applying change management techniques
- Strong coaching and mentoring skills
- Excellent problem solving and risk management skills
- Excellent market research skills and analytical skills as well as a continuous knowledge of external trends affecting the health insurance industry
- Proficiency in the MS Office Suite and IBM Desktop Software (including Lotus Notes)
- Certification in supply chain, contract management, or procurement desired
- Program management experience desired
- Experience with PeopleSoft, eSourcing and CLM procurement software desired
- Experience crafting LOAs, MSAs, ICAs, SOWs and PCRs
- Understanding of co-employment laws and the ability to identify areas of risk related to utilizing contingent workers
- Skills include: Development/management of category strategies; RFP/RFI development, contract negotiations, strategic sourcing, management of supplier relationship life cycle, understanding of risk mitigation principles, and understanding of Total Cost of Ownership