Sr Sourcing Executive

Vizient Inc
  • Chicago, IL
  • $88,900–$155,500 Per Year
2 days ago

Job Description

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.

Develops customized contract strategy recommendations for more complex contracting needs (e.g., physician preference, clinical preference, purchase services, capital) to reduce spend, improve operational efficiencies, maximize delivered value, and ultimately achieve a higher level of member satisfaction. May guide the work of other team members.

  • Works independently with legal team to negotiate terms and conditions of complex contracts (e.g., physician preference, clinical preference, purchase services, capital), building consensus and executing to meet the needs of members, suppliers, and Vizient
  • May prepare and / or analyze requests for proposals when determining recommendations
  • Works independently with internal and external stakeholders to develop contracts for specific client requirements including more complex contracting needs (e.g., physician preference, clinical preference, purchase services, capital)
  • Identifies and proposes cost saving initiatives; typically assigned to larger and / or more complex member accounts and projects
  • Applies experience and advance knowledge of member and supplier experiences to cost savings projects and reacts by adjusting accordingly
  • Ensures contract compliance with terms and conditions necessary to achieve cost savings
  • May support management of vendor relationships in order to cross reference, organize in-services, schedule trials, and resolve issues with products
  • Calculates, analyzes, and interprets cost data to recommend cost savings opportunities and process improvements, including for more complex contracting needs (e.g., physician preference, clinical preference, purchase services, capital)
  • Requests analytical resources as needed
  • Designs and delivers communication strategies to message recommendations, successes, opportunities, and challenges, including for more complex contracting needs (e.g., physician preference, clinical preference, purchase services, capital)
  • Develops and maintains strong relationships with internal and external stakeholders; supports relationship development with senior leaders

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 $88,900.00 to $155,500.00.

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.

Numbers & Facts

LocationChicago, IL
Salary$88,900–$155,500 Per Year

Skills

  • Analysis Skillsunmatched
  • Bid Analysisunmatched
  • Compensation and Benefitsunmatched
  • Contract Creationunmatched
  • Contract Negotiationunmatched
  • Cost Analysisunmatched
  • Cost Controlunmatched
  • Customer Support/Serviceunmatched
  • Legalunmatched
  • Maintain Complianceunmatched
  • Operational Improvementunmatched
  • Operational Strategyunmatched
  • Problem Solving Skillsunmatched
  • Process Costingunmatched
  • Process Improvementunmatched
  • Purchasing/Procurementunmatched
  • Request for Proposals (RFP)unmatched
  • Strategic Planningunmatched
  • Supplier Relationship Management (SRM)unmatched
  • Team Playerunmatched
  • Vendor/Supplier Relationsunmatched

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