Sourcing Director

Vizient, Inc.
Worcester, MA Full Time
POSTED ON 11/25/2021 CLOSED ON 4/30/2022

What are the responsibilities and job description for the Sourcing Director position at Vizient, Inc.?

When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance now and in the future.

Summary:


In this role, you will provide strategic and tactical leadership to staff to drive member hospital organizations to value through cost-reduction initiatives and exceed departmental goals through development of agreement and program portfolios and management of supplier relationships. Using a consultative approach, this role will identify needs, develop strategies, and implement initiatives that deliver value – clinical, operational and/or financial – to the member hospital organizations. This role will be onsite at UMass

Responsibilities:

  • Contribute the strategic direction of the supply chain team by setting policies and methodologies for sourcing new products or services, approving vendors, and supporting supply chain resiliency.
  • Set strategies related to vendor assessments and purchasing terms and conditions to help ensure products/services ordered are delivered on time at the best quality and value.
  • Collaborate with internal business partners to understand demand and supplier trends, and analyzing financial information related to total cost of ownership to identify opportunities for cost reductions.
  • Analyze current vendor services and cost structures to develop short- and long-range plans to improve sourcing costs and vendor performance.
  • Lead and manage negotiations for highly complex categories, including both clinical and indirect spend, at the enterprise level.
  • Manage assigned cost-savings projects from initiation to completion, identifying differences in member and supplier experiences and adjusting approach accordingly.
  • Develop and maintain strong relationships with internal and external stakeholders.
  • Deliver communications to key stakeholders regarding recommendations, successes, opportunities, and challenges.
  • Oversee critical supplier relationship management and contract management processes to ensure terms are met and termination dates are monitored.
  • Function as one of the key decision makers if supplier performance concerns are escalated for top management direction.

Qualifications:

  • Relevant degree preferred. Advanced degree is a plus.
  • 7 or more years of UMass Memorial Health experience in health care, contracting, negotiating, or sales is required.
  • Experience in management, leading teams, or consulting is preferred.
  • Strong presentation skills and experience presenting to senior management.
  • Strong working knowledge of Microsoft Office Suite of Products.
  • Willingness to travel.

Estimated Hiring Range:

$99,300.00 - $147,700.00

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.

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