Sourcing and Contract Mgr

At Baylor Scott & White Health, we promote the well-being of all individuals, families, and communities. As the largest not-for-profit healthcare system in Texas, we empower you to live well through our core values: serving faithfully, striving for better, supporting one another, and making an impact.

Benefits

Our benefits are designed to help you live well at every stage of your journey. Offerings may include:

• Immediate eligibility for health and welfare benefits
• 401(k) savings plan with dollar-for-dollar match up to 5%
• Tuition reimbursement
• Paid time off (PTO) accrual beginning Day 1

Note: Benefits may vary based on position type and/or level.

About the Role

The Sourcing and Contracts Manager handles sourcing, contracting, and supplier management for assigned products or services. This role executes commodity strategies for various spending categories and serves as a focal point for the business and Supply Chain areas. The primary focus is drafting contracts, ensuring appropriate terms, and negotiating with suppliers. This position also monitors existing contracts, incorporates changes based on business needs and supply markets, and suggests modifications to sourcing strategies as needed.

Responsibilities

• Drafts, negotiates, and executes contracts for assigned categories, comparing them to industry trends and market standards.
• Engages with end-users and Commodities Directors to understand market pressures and impacts on internal contracts.
• Ensures savings goals and targets are met for assigned categories.
• Provides ongoing support for requests for non-strategic products or services as required by the business.
• Drives performance to achieve yearly cost reductions by standardizing products and seeking the best commodity or service costs.
• Participates in and/or manages Request for Proposals (RFPs) for new or existing products and services.
• Ensures pricing is effective and accurate in the system to enable automated buying and identify bottlenecks in automating purchases due to contract setup.
• Ensures accuracy and completeness of contract information in the source-to-settle system.
• Partners with sourcing, business, and legal teams on contract negotiations, rights, obligations, and RFPs.
• Creates agreements to acquire products and services needed for business operations and growth, ensuring they meet the needs of both the organization and the supplier.
• Serves as a key internal interface with Finance, Accounting, Revenue Cycle, business stakeholders, Supply Chain operations, Logistics, Legal, Risk Management, Compliance, and Enterprise Security.
• Reviews supplier requests to change terms and conditions, assesses risk, and provides recommendations to protect the organization's interests.
• Addresses supplier questions and resolves or escalates disputes when appropriate.
• Assesses contracting language revisions and redlines to help internal risk structure, negotiates with suppliers, and ensures contracts are up-to-date with necessary terms while complying with internal compliance, risks, and legal requirements.
• Evaluates the best delivery and logistics options for products by engaging with internal stakeholders and suppliers.
• Monitors market information, benchmarking, product introduction, and other factors that impact the comparative position of contracts.

Requirements

• Ability to speak technical and legal jargon while explaining complex contractual issues clearly and simply.
• Exceptional verbal and written communication skills with the ability to influence all levels of the organization.
• Ability to view legal and contract matters through a business lens.
• Expertise in contracting and negotiation processes to create the best mutual outcomes.
• Negotiation skills to manage complex agreements with significant budget impact.
• Ability to apply critical thinking to complex problems to develop viable solutions.
• Knowledge of sourcing and/or contracting process best practices and measurement techniques.
• Data-based skills with the ability to manipulate large volumes of spend data for examination of supplier, product, and facility utilization.
• Knowledge of the finance and accounting impact of assigned areas of spend.
• Excellent Microsoft Office skills.

Qualifications

• Bachelor’s degree or 4 years of work experience above the minimum qualification.
• 3 years of relevant experience.