Strategic Sourcing Director- IT

Vizient, Inc
Centennial, CO Full Time
POSTED ON 7/9/2024 CLOSED ON 7/28/2024

What are the responsibilities and job description for the Strategic Sourcing Director- IT 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 while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary

In this role, you will be working directly with a California based client and will support the IT and Enterprise Business Services technology teams. You will oversee all sourcing and procurement activities for assigned categories, including the development and implementation of a comprehensive category management strategy. You cultivate and maintain strong supplier relationships while skillfully negotiating contracts and long-term procurement agreements. Additionally, you create and propose metrics to analyze the total cost of supplies.

You will assist in evaluating and exploring spend management opportunities within the scope of clients' work. Collaborate with the Sourcing Team and various stakeholder areas to analyze expenditure, identify cost-saving measures (such as supply, demand, and total cost of ownership management), initiate new initiatives, and provide support for the implementation of cost-saving programs.

Develop and deliver cost saving opportunities across all major areas.

Responsibilities

  • Utilize in-depth knowledge of the markets, suppliers, and stakeholder needs to develop category/spend strategies for all key categories.
  • Drive clear and well-informed decisions based on a comprehensive multi-year strategy.
  • Take complete ownership of delivering business needs for the categories under management, ensuring end-to-end delivery.
  • Stay updated on external and internal factors that may impact the larger organization, such as Healthcare Reform and macroeconomic issues.
  • Interact with senior leadership to review and drive decisions, fostering collaboration and alignment.
  • Develop and maintain relationships with key internal clients and suppliers, fostering strong and collaborative partnerships.
  • Identify and understand the key initiatives, short-term, medium-term, and long-term goals of internal clients.
  • Work closely with suppliers to identify and pursue opportunities for improved quality and delivery performance.
  • Ensure alignment of initiatives and strategies with client expectations, driving value, innovation, service/supply resiliency, quality of care, and governance.
  • Lead the Request for Proposal (RFP) process and/or supplier negotiations, facilitating contracting to deliver strategic value.
  • Partner with Legal to lead contract negotiations.
  • Develop and execute RFPs to drive the strategic sourcing process.
  • Leverage analytics and insights to ensure data-driven decisions.
  • Analyze category spend to understand price drivers and trends.
  • Apply cost and supply market analytics to create category strategies.
  • Adopt a digital mindset to embrace new technologies in the source-to-pay space.
  • Contribute to KP’s Sustainability and Environmental goals and serves as an advocate to further advance results in Environmentally Preferable Purchasing (EPP).

Qualifications

  • Relevant degree preferred; advanced degree desired.
  • 7 or more years of relevant experience required.
  • Experience in category management, materials management, services contracting, or finance preferred.
  • Healthcare (Claims) or Financial Services experience preferred.
  • Professional certification such as C.P.M. or APICS preferred.
  • Experience in employing strategic souring methodology.
  • Experience in large contract negotiations.
  • Willingness to travel.

Estimated Hiring Range

At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $102,400.00 to $168,800.00.

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.

Salary : $102,400 - $168,800

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