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JOB SUMMARY:
This position has responsibility for creating and driving strategic sourcing initiatives in a defined category of spend. This position will contribute to successful value based purchasing with the focus on achieving significant cost reduction, supporting quality initiatives, establishing successful vendor partnerships and ensuring the introduction of new technology at fair market prices. This position acts as a strategic business partner, interfacing at the Director and Executive levels of the organization, providing leadership and taking ownership of the defined spend category.
Collaborates with key leadership on the development and implementation of annual and long-term strategic initiatives to achieve category goals. This position partners with the clinical integration team to understand the needs of key stakeholders placing clinician needs at the forefront of negotiations. This position serves as an expert relating to market trends within their assigned category to identify and promote potential new opportunities for added value. This position will own the business relationship with the vendors in the assigned category.
MINIMUM QUALIFICATIONS:
EDUCATION, CERTIFICATION, AND/OR LICENSURE:
1. Bachelor’s degree and 7 years in a procurement role and 2-3 years of strategic sourcing experience.
OR
Associate’s degree and 9 years in a procurement role and 2-3 years of strategic sourcing experience.
EXPERIENCE:
1. Worked in a Group Purchasing Organization environment.
2. Experience providing procurement services to business leads, sourcing planning and execution, contract negotiations, and supplier relationship management.
PREFERRED QUALIFICATIONS:
EDUCATION, CERTIFICATION, AND/OR LICENSURE:
1. Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM)
EXPERIENCE:
1. Strong communication and interpersonal skills are necessary.
2. Project planning and management experience
3. Experience in complex contract negotiations, competitive price analysis, contract management and spend analysis
4. Experience with contract negotiation with a GPO is preferred
5. Track record of identifying and capitalizing on new savings opportunities in a highly competitive environment
CORE DUTIES AND RESPONSIBILITIES: The statements described here are intended to describe the general nature of work being performed by people assigned to this position. They are not intended to be constructed as an all-inclusive list of all responsibilities and duties. Other duties may be assigned.
1. Lead and direct strategic sourcing initiatives to achieve savings goal for the GPO for assigned categories of spend
3. Plan, schedule and monitor category sourcing initiatives, ensuring proper resource allocation and on-time delivery of projects
4. Provides detailed analysis of proposals and vendor capabilities, negotiations and supplier selection
5. Effectively communicate new savings and opportunities and initiatives with senior leadership
6. Collaborates with executive leadership within the organization to create strategies for cost reduction, supplier consolidation, quality improvements while developing and implementing process efficiency improvements
7. Act as a champion for business development process improvement
8. Serve as product, contract, and price expert in category for the GPO membership
9. Resolve any issues related to products or contracts between GPO membership and vendors within assigned category
10. Act as a liaison between GPO membership and vendor partners
11. Assist and mentor less senior staff in the sourcing department
PHYSICAL REQUIREMENTS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Office based work environment
WORKING ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Travel less than 10% of time
2. Fast passed environment with a culture of accountability.
SKILLS AND ABILITIES:
1. Strategic thinking and planning skills.
2. Excellent interpersonal, consultative, influencing, presentation and communication skills.
3. Work well in a team environment and able to work well in a diverse environment and adhere to the highest ethical standards.
4. Ability to multitask in a fast paced environment.
5. Excellent analytical skills and the ability to develop complex supply chain analysis.
6. Knowledge of Enterprise Resource Planning (ERP) systems in the healthcare environment.
WVU Medicine