Procurement Lead

Become a part of our caring community. The Procurement Lead generates and implements efficient sourcing and category management strategies. Reporting to the Procurement Director, you will manage our supply portfolio ensuring transparency of spending. The role works on problems of diverse scope and complexity ranging from moderate to substantial, complying with federal and state regulatory guidelines.

Responsibilities

• Reconcile purchases with invoices from vendors, validate pricing and contract compliance.
• Monitor sales and margins through vendor negotiations and promotional opportunities.
• Deal with pharmaceutical companies for drug purchasing.
• Advise executives to develop functional strategies (often segment specific) on matters of significance.
• Work with leadership to develop category strategies based on sourcing profession best practices, including supply market analyses, Porter's Five Forces, should-cost models, process, and domain expertise.
• Develop risk- and probability-adjusted multi-year savings forecasts and annual savings goals.
• Leverage internal and external resources as part of the operating model to work in the most efficient way.
• Oversee analysis of qualitative and quantitative supplier characteristics, including supplier capabilities, goals, risk profile, and financial position for requisite categories.
• Implement a supplier segmentation program that differentiates the sourcing/management model for different supply categories and suppliers.
• Develop multi-year sourcing pipelines that create total value, including cost savings and supplier development.
• Work with the Continuous Improvement team for multi-team project implementations.
• Bring corporate compliance to the preferred-supplier program through end-user change management and communications programs.
• Work with Procurement Operations and Corporate Payables to guarantee a seamless experience for associates.
• Develop and implement leading sourcing practices for environmental sustainability and supplier code of conduct.
• Mitigate legal and commercial risk.

Requirements

• 4+ years of experience in procurement sourcing and contracting.
• Experience developing and implementing category strategies from the ground up, including category assessment, opportunity identification, stakeholder alignment, and execution roadmaps.
• Sourcing experience with RFI/RFQ/RFP.
• Experienced in negotiations with third parties.
• Experience building category strategies.
• Experience conducting financial analyses to support business proposals.
• Outstanding communication and interpersonal skills, including assertiveness, courage, and the ability to influence others.
• Excellent relationship management skills, demonstrating mature confidence and integrity.
• Business analysis skills to drive and implement sourcing programs and services aligned with business partner strategies.
• Demonstrated ability to work autonomously, both as a lead and as part of a team.
• Ability to work in a team environment to collate and act upon feedback from all levels within the business and sourcing environments.
• Will accommodate EST/CST working hours.

Qualifications

• Experience leading procurement strategy for outsourcing services (desired).
• College degree in Finance, Business, or another related field (desired).
• Project Management experience (desired).
• Spend analytics & reporting experience (desired).

Schedule

• Scheduled Weekly Hours: 40

Pay

The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

• $104,000 - $143,000 per year
• This job is eligible for a bonus incentive plan based upon company and/or individual performance.

Benefits

Humana offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work.

• Medical, dental, and vision benefits
• 401(k) retirement savings plan
• Time off (including paid time off, company and personal holidays, paid parental and caregiver leave)
• Short-term and long-term disability
• Life insurance
• Many other opportunities

Work at Home Requirements

• To ensure Home or Hybrid Home/Office employees’ ability to work effectively, the self-provided internet service must meet the following criteria: at minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps; wireless, wired cable, or DSL connection is suggested.
• In certain roles, the minimum recommended internet speed required by Humana may not be sufficient for business needs. Humana reserves the right to require associates to upgrade their internet service if necessary.
• Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information.

Travel

• While this is a remote position, occasional travel to Humana's offices for training or meetings may be required.

About Us

About Humana: Humana Inc. (NYSE: HUM) is a leading U.S. healthcare company. Through our Humana insurance services and our CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare and Medicaid, families, individuals, military service personnel, and communities at large.

Learn more about what we offer at Humana.com and at CenterWell.com.