Strategic Sourcing Specialist

SUMMARY: The Sourcing Specialist will engage in strategic andday-to-day sourcing activities including, but not limited to, negotiating contracts, supporting the monitoring of contract performance, conducting Request for Proposals (RFPs), developing, evaluating, and managing supplier relationships and implementing contracts with end users. The Sourcing Specialist is additionally responsible for conducting benchmarking activities, reviewing industry best practices, analyzing spend and collaborating in cross-functional teams to achieve cost savings, increase quality, and build and maintain a competitive portfolio of pricing. Area-specific responsibilities will include reviewing buy vs. lease analysis and conducting total cost of ownership reviews. The Sourcing Specialist is responsible for the full spectrum of product supply andsupply contract activities, including supplier identification and qualification, supply evaluation and specification development, ROI (return on investment) or TCO (total cost of ownership) analysis, VAC (Value Analysis Committee) interaction, issuing requests for proposals, price contract negotiations, legal liaison, supplier selection, contract execution, suppler onboarding, assistance to internal customer as to understanding the contract and interpretation and dispute resolution. EXPERIENCE: Five years of Supply Chain related experience in a hospital setting including experience with purchasing, GPO contracting, contract negotiations, strategic sourcingis preferred. One year of progressive participation in and responsibility for process improvement / savings implementation projects and / or quality management efforts is preferred. SPECIAL SKILLS: Excellent working knowledge of computer software such as Excel, Access, and computerized materials management systems. Excellent oral, written, interpersonal and presentation skills. Self-motivated with strong analytical and contract negotiations skills. LICENSE/CERT: Preferred: CMRP (Certified Materials and Resource Professional) EDUCATION: Required: Bachelors - Business Related Field, Bachelors - Finance, Bachelors - Accounting, Preferred: Masters - Health Administration, Masters - Related Field, Masters - Business Administration Required Preferred Job Industries Other