Sourcing Specialist, Consultant
About the role
The Global Business Services team is responsible for the execution of the sourcing process for goods and services, including supporting the business by making effective sourcing decisions and establishing supplier contracts. The Sourcing Specialist Consultant will report to the Director, Sourcing for the IT Stellarus team. In this role you will provide sourcing strategy, advice and objectives to support the operational business initiatives.
Responsibilities
- Act as a trusted advisor and provide sourcing strategy advice and consultation to best achieve the business strategy and objectives for transactional and operational initiatives.
- Provide guidance to business partners and seek alignment to influence spend and cost savings through supplier rationalization and driving economies of scale.
- Analyze the supply market to identify best sources for acquisition of goods and services.
- Manage supplier selection and qualification through a competitive bid process for goods and/or services.
- Promote small, disadvantaged, and minority-owned businesses through a supplier diversity program.
- Facilitate supplier risk management, due diligence and onboarding activities.
- Lead end-to-end contracting for complex technology and product deals (often $5M–$100M+), including MSAs/CSAs, Order Forms, SOWs, Amendments, Change Orders, and negotiation playbooks; drive best value outcomes across price, risk, service levels, and innovation.
- Own negotiation strategy: develop BATNAs, should-cost/TCO models, and multi-round RFx/auction strategies; run competitive events and down-selects with clear decision frameworks.
- Structure commercial models that balance agility and control (e.g., output/outcome-based pricing, ramp/elastic capacity, milestone & acceptance, indexed rate cards, usage tiers, EDPs, reservations/commit models for cloud).
- Partner with Legal, Privacy, Security, Finance, Risk, Compliance, and IT to close issues quickly (IP/data rights, privacy & data protection, security schedules, regulatory addenda, BAAs/DPAs, service levels/credits, termination/transition assistance, subcontracting, open source/SBOM, audit/controls).
- Guide stakeholders through intake to signature: ensure complete business requirements, strong SOWs, and adherence to required preapprovals and documentation.
- Reduce cycle time and risk by applying standard templates, clause libraries, and redline best practices; escalate and resolve blockers rapidly.
Requirements
- College degree or equivalent experience and a minimum of 7 years of prior relevant experience in strategic sourcing/contracting.
- Minimum of 5 years negotiating technology agreements (SaaS, data services, managed services/outsourcing, healthcare services) with direct ownership of deals in the multi-million-dollar range.
- Excellent analytical and problem-solving skills.
- Deep knowledge of Sourcing/Supplier Relationship Management area typically obtained through advanced education combined with experience.
- Viewed as a specialist within the Sourcing/Supplier Relationship Management discipline.
Schedule
This role follows a hybrid workplace model, requiring employees to be in-office two days each week. Employees living more than 50 miles from an office location will work with their manager to determine in-office time based on business need.
Pay
Pay range for California: $111,540.00 to $167,420.00.
Pay range for Bay Area: $125,736.00 to $188,728.00.
Note: This range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Salaries are based on a variety of factors, including candidate experience, location (California, Bay Area, or outside California), and current employee salaries for similar roles.
About Us
Stellarus, launched in January 2025, is designed to scale innovative healthcare solutions that support customers in creating a healthcare experience deserving of their family, friends, and neighbors. Stellarus is part of the Ascendiun Family of Companies, which is overseen by a nonprofit corporate entity named Ascendiun. The family also includes Blue Shield of California and its subsidiary, Blue Shield of California Promise Health Plan, and Altais, a clinical services company.
Stellarus’ vision is to empower its customers to create a healthcare experience worthy of their family, friends, and neighbors. Its objective is to offer innovative, modern, scalable solutions that challenge the healthcare status quo, closely aligning with Blue Shield of California’s vision of using innovation to improve quality, affordability, and experience for members.
To achieve this mission, Stellarus fosters an environment where all employees can thrive and contribute fully to address the needs of the various communities served. The company is committed to creating and maintaining a supportive workplace that upholds its values and advances its goals.
Values
At Stellarus, core values of agility, trust, drive, courage, and service shape the approach to developing innovative product offerings.
Physical Requirements
Office Environment – roles involving part to full-time schedule in an office environment. Based in physical offices and work from home office/desk work. Activity level: Sedentary, frequency most of the workday.