Director, Purchasing, Full Time

Holy Name Medical Center
Teaneck, NJ Full Time
POSTED ON 3/16/2024

Description


Dir, Purchasing


Holy Name is New Jersey's last remaining independent, Catholic health system, comprising a comprehensive 361-bed acute care medical center, a cancer center, medical fitness center, residential hospice, nursing school, and physician network. The system has a national reputation for providing culturally sensitive care to a diverse population, drawing patients from across the New York City region to its specialty centers and renowned doctors. Holy Name's mission to provide technologically advanced, compassionate and personalized care extends across a continuum that encompasses education, prevention, diagnosis, treatment, rehabilitation and wellness maintenance. The system is known as a high-quality, low-cost provider of extraordinary clinical care given by compassionate, highly trained physicians and staff.

A Brief Overview
As the Healthcare Director of Purchasing, your primary responsibility will be to oversee the procurement and purchasing processes for Holy Name. You will play a crucial role in ensuring the availability of essential medical supplies, equipment, and services while optimizing costs and maintaining high quality standards. Your expertise in procurement strategies and vendor management will contribute to the efficient and effective functioning of the hospital.

What you will do

  • Develop and implement procurement strategies: Formulate comprehensive procurement strategies aligned with the healthcare organization's goals and objectives. Identify cost- saving opportunities without compromising quality and patient care.
  • Vendor selection and management: Evaluate potential suppliers, negotiate contracts, and establish long-term partnerships with vendors to ensure the best value for the organization. Monitor vendor performance, resolve issues, and maintain positive relationships.
  • Compliance and regulatory adherence: Stay updated with healthcare regulations, compliance standards, and industry trends related to procurement and purchasing. Ensure all procurement activities comply with legal and regulatory requirements, including those related to quality, safety, and ethical sourcing.
  • Cost optimization: Implement cost-saving initiatives, such as group purchasing agreements, competitive bidding processes, and volume discounts. Analyze expenditure patterns, identify areas for improvement, and develop strategies to reduce costs without compromising quality.
  • Collaboration and coordination: Work closely with various stakeholders, including physicians, nurses, department heads, and finance teams, to understand their purchasing needs and provide efficient procurement solutions. Collaborate with internal departments to streamline processes and optimize supply chain management.
  • Contract negotiation: Lead contract negotiations with suppliers to secure favorable terms and conditions, including pricing, delivery schedules, and service level agreements. Ensure contracts are comprehensive, legally sound, and protect the organization's interests.
  • Performance monitoring and reporting: Establish key performance indicators (KPIs) and metrics to track procurement performance. Regularly analyze data, generate reports, and present findings to senior management, highlighting achievements, challenges, and opportunities for improvement.


Education Qualifications

  • Bachelor's Degree Business Administration, Supply Chain Management, or Healthcare Management Required and
  • Master's Degree but not mandatory Preferred


Experience Qualifications

  • 7-9 years Min. 5-7 years in procurement, purchasing, or supply chain management Required and
  • Health care industry experience Preferred or
  • Clinical Experience or Medical Device representative experience also considered


Knowledge, Skills, and Abilities

  • Healthcare Knowledge: In-depth understanding of healthcare operations, medical supplies, pharmaceuticals, and equipment. Familiarity with healthcare regulations, compliance standards, and industry best practices related to procurement and purchasing. (High proficiency)
  • Strategic Mindset: Ability to think strategically, develop procurement strategies aligned with organizational goals, and make data-driven decisions. Strong analytical and problem-solving skills to identify cost-saving opportunities and optimize procurement processes. (High proficiency)
  • Vendor Management: Proven experience in selecting and managing vendors, negotiating contracts, and building successful partnerships. Strong negotiation, communication, and interpersonal skills to establish and maintain positive relationships with suppliers. (High proficiency)
  • Leadership and Teamwork: Ability to lead a team, collaborate with cross-functional departments, and influence stakeholders at all levels. Excellent organizational skills, time management, and the ability to work effectively under pressure. (High proficiency)
  • Technology Proficiency: Proficiency in procurement software, enterprise resource planning (ERP) systems, and data analytics tools. Experience with e-procurement platforms and inventory management systems is desirable. (Medium proficiency)
  • Experience: Minimum 5-7 years off experience in procurement, purchasing, or supply chain management, preferably in the health care industry. Clinical Experience, Medical Device representative or Healthcare Supply Chain consultant experience preferred.


Holy Name is a mission-driven facility whose quality standards and philosophy are rooted in the principles of its founders, the Sisters of St. Joseph of Peace. Those principles are exercised daily by the Medical Center's dedicated and talented team of physicians, nurses, allied health employees, and a wide variety of non-clinical administrative and operational staff members. Holy Name is an Equal Opportunity Employer.

Salary.com Estimation for Director, Purchasing, Full Time in Teaneck, NJ
$147,398 to $215,806
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