Category Manager, Procurement- Direct

Overview

Temp Category Manager Pharmacy Procurement: Estimated 9-12 month contract

Hours: Full-time; 40 hours per week within normal business hours. Location: Downers Grove, IL 60515. Schedule: Hybrid (3 days a week in office).

Holistic benefits designed to help our team members flourish in all aspects of their lives, including:

• Comprehensive medical, dental, and vision benefits that include healthcare navigation assistance and medical coverage at 100% (after deductible) when utilizing a Duly provider.
• Employer provided life and disability insurance.
• $5,250 Tuition Reimbursement per year.
• Immediate 401(k) match.
• 40 hours paid volunteer time off.
• A culture committed to Diversity, Equity, and Inclusion (DEI) and Social Impact
• Up to 12 weeks parental leave at 100% pay and a financial benefit for adoption and surrogacy for non-physician team members once eligibility requirements are met.

Responsibilities

Category Manager, Procurement will provide support and management for all categories within the Duly portfolio of pharmaceuticals and medical supplies. Through a focus on innovation, this leader will utilize their strategic contracting and client relationship/development knowledge to drive contracting opportunities, reduce cost, increase revenue, improve profit margin and provide ongoing contract performance. The Category Manager will provide the leadership necessary to contribute significantly to top-line growth, customer satisfaction and profitable performance.

Key elements of this role

• Plan, develop and implement business plans and budgets, including long-range objectives, performance goals and metrics for each category.
• Collaborate with RCM, VBC, Operations, Legal, Finance, Accounting, Supply Chain and other key stakeholders as needed to champion cross-functional sourcing initiatives.
• Drive to execute divisional benefits and/or cost savings goals and targets. Assure the appropriate use of corporate capital.
• Develop strategies to provide Duly Health and Care with best value deals and programs based on price, service quality, risk mitigation, compliance, resilience, business continuity, and secure the best contract terms for the company.
• Negotiate contracts to establish preferred suppliers with preferential rates, and drive savings in these areas.
• Understand category specific principles and value of analytics.
• Apply complex analytics to enable optimized cost savings and ensure an adequate supply chain.
• Assure proper analysis and application of internal and external industry specific research information, to determine Company direction in designated categories, reasons for pricing increases/decreases, and develop cost increase and risk mitigation strategies.

Essential Functions & Accountabilities

• Supplier Relationship Lead for key identified vendors: Build and develop relationships with key vendors, understanding their organizations and supply chains to ensure continuity of supply at best value to Duly Health and Care. Drive cost reduction and encourage innovation within the managed categories.
• Act as the point of contact for all commercial matters between Duly Health and Care and supplier and provide support to all other Duly Health and Care colleagues dealing with suppliers.
• Negotiate commercial agreements in line with business strategy, working with site and legal teams. Seek opportunities to leverage spending, including the development of long-term supply agreements as appropriate.
• Monitor vendor performance and hold regular Business Performance Reviews. Lead improvement actions as appropriate.
• Monitor supplier financial health and recommend appropriate actions to mitigate risk to Duly Health and Care.
• Communicate expectations and future requirements, monitor performance and co-ordinate issue resolution and improvement.

Knowledge, Skills and Abilities

• Ability to engage and influence at Director Level and above, both within Duly Health and Care and supplier organizations.
• Strong and confident personality, ability to act as the procurement lead across the business and supply base and work independently.
• Demonstrated ability to develop strategic supplier relationships.
• Understanding of commercial law, and ability to develop and construct a range of supplier contracts.
• Excellent communication skills both written and verbal, competent in the use of Excel, Word and PowerPoint.
• Operating within a fast-paced results orientated mindset.
• Well organized, methodical and detail conscious, with a high level of personal integrity & professionalism.

Qualifications

EDUCATION:

• Bachelor's degree and at least 7 years of strategic sourcing experience
• MBA, or other advanced degree preferred.
• CPSM certification preferred.

EXPERIENCE

• Minimum of 7 years experience in strategic pharmacy sourcing in healthcare field preferred.
• 3+ years of experience leading change management preferred.
• Previous/current experience in negotiating with a sound knowledge of negotiation techniques and practices.
• Previous experience leading contracts with a value in excess of $10M

The compensation for this role includes a base pay range of $107K-$161K with the actual pay determined by factors such as skills, experience, education, certifications, geographic location, and internal equity. Additional compensation may be available through shift differentials, bonuses, and other incentives. Base pay is only a portion of the total rewards package.

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