Strategic Sourcing Contract Specialist

At St. Elizabeth Healthcare, every role supports our mission to provide comprehensive and compassionate care to the communities we serve. For more than 160 years, St. Elizabeth Healthcare has been a trusted provider of quality care across Kentucky, Indiana, and Ohio. We’re guided by our mission to improve the health of the communities we serve and by our values of excellence, integrity, compassion, and teamwork. Our associates are the heart of everything we do.

Benefits

• Competitive pay and comprehensive health coverage within the first 30 days
• Generous paid time off and flexible work schedules
• Retirement savings with employer match
• Tuition reimbursement and professional development opportunities
• Wellness, mental health, and recognition programs
• Career advancement through mentorship and internal mobility

Responsibilities

Strategic Planning

• Partner with members of Supply Chain Management (SCM) to gather, summarize, and prepare recommendations that result in a strong sourcing and contracting structure
• Develop contracting strategies that incorporate contract review and analytics to increase contract utilization and product standardization
• Develop embedded processes and standardize evaluations to identify, analyze, and implement savings opportunities
• Create a consistent roadmap for replication
• Implement timely pricing analysis and tracking

Collaboration

• Work collaboratively with all members of the SCM team and others to ensure contract terms and conditions are implemented in the Materials Management Information System (MMIS) and contracts are correctly loaded into contract tracking software
• Support and assist in achieving the financial goals and strategic direction for SCM by assisting with the deployment/implementation of strategies related to reduction in supply cost
• Willingly accept special projects as assigned

Contract Administration

• Leverage St. Elizabeth Healthcare’s Group Purchasing Organization (GPO) relationships for contracting whenever possible
• Create, negotiate, manage, and facilitate the development of highly competitive contracts for both clinical and non-clinical products, equipment, supplies, and purchased services
• Develop monthly, quarterly, and semi-annual business reviews with the top 30% of vendors
• Work collaboratively with the Strategic Sourcing team and others to ensure all contract terms and conditions are thoroughly reviewed prior to final legal review and leadership approval

Coordination

• Work collaboratively with the Strategic Sourcing team, Senior Financial Analyst, and others to assist with PowerPoint presentations to the Value Analysis Steering Committee and various Value Analysis (VA) teams
• Act as the catalyst to assemble appropriate parties essential to product and equipment evaluations

Data Analytics

• Review the analysis of products and services and make recommendations that will aid in decision making and cost savings initiatives for VA teams
• Validate and track the financial impact of specific initiatives
• Develop utilization and spend data with GPO and other tools
• Perform other duties as assigned

Requirements

• Bachelor’s Degree (Business, Finance, I.T., etc.)
• Contracting/Sourcing background
• Experience with spend analytics and related software
• Experience with facilitating projects including creating project plans
• 3-5 years reading, interpreting, and writing contracts/agreements
• 3-5 years of contract negotiations
• 3-5 years of experience working with Materials Management Information Systems (MMIS)
• Proficient computer skills in Microsoft Excel, PowerPoint, and project tracking

Demonstrate respect, dignity, kindness, and empathy in each encounter with all patients, families, visitors, and other employees regardless of cultural background.