Senior Sourcing Executive

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 a strategic resource dedicated to optimizing the medical capital equipment procurement process through the implementation of advanced tools such as benchmarking and data insights. You will partner with member organizations, internal Vizient teams, and vendors to identify opportunities, establish project baselines, and drive prioritized initiatives aimed at enhancing financial performance and increasing cash on hand. You will provide expert guidance in strategic sourcing and contracting to support members' lifecycle contracting needs. By leading negotiations and crafting creative savings solutions within a Healthcare System, you will help deliver a seamless and integrated procurement experience that maximizes overall value for the assigned systems.

Responsibilities:

• Develop and deliver communication strategies to convey contracting recommendations, successes, and challenges, particularly for complex areas like Diagnostic & Imaging and Medical Capital Equipment.

• Analyze client spend data to prioritize high-impact contracts, recommend savings opportunities, and present strategic implementation plans.

• Lead contract development and negotiations in collaboration with legal, contract managers, and stakeholders, including drafting amendments and managing complex contract terms.

• Oversee the RFP and procurement process, including bid management, drafting language, ensuring compliance, and utilizing platforms like aptitude.

• Drive value and cost savings through customized contract strategies, price monitoring, compliance oversight, and identifying growth opportunities for more complex member accounts.

Qualifications:

• Relevant degree preferred. Advanced degree a plus.

• Five or more years of relevant experience working in a Capital Equipment contracting, contract management or supply chain related role required.

• Must possess strong progject management and strategic partnering skills.

• Strong health care contracting background with experience in successful contract negotiations highly preferred.

• Experience leading and managing purchased services initiatives preferred.

• Willingness to travel.

Estimated Hiring Range:

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.