Strategic Sourcing Manager, Indirect/Purchased Services (Full-Time/Day) Center City

About the role

The Sourcing Manager is responsible for the timely and cost-effective strategic sourcing of complex goods and/or services within the assigned categories. This role focuses on the development and execution of category strategies based on rigorous analysis of spend data, market dynamics, category intelligence, business requirements, continuous/sustainable supply of quality goods and/or services and optimizing costs while ensuring compliance with organizational policies and enhancing supplier performance.

Responsibilities

• Interacts with co-workers, visitors, and other staff consistent with the values of Jefferson.
• Executes sourcing strategies for assigned categories, ensuring cost-effective procurement, adherence to policies and procedures.
• Ensures savings are delivered promptly and that the enterprise is achieving the realization of expected benefits.
• Implements process improvements for operational efficiency at sourcing.
• Conducts supplier research, RFPs (Request for Proposals), and contract negotiations within assigned categories.
• Develops and executes negotiation strategies to maximize total value and minimize risk.
• Manages day-to-day vendor relationships including but not limited to, contracts, consignment agreements, rental agreements among others.
• Recommends vendor selections and contract terms for review by Strategic Sourcing leadership.
• Presents bid submission results to Strategic Sourcing leadership and appropriate stakeholders to aid in decision making around sourcing events.
• Maintains vendor performance, resolves supply chain issues, and ensures contract compliance.
• Monitors the market for category-leading practices and demand/supply shifts, such as supply consolidation and technology innovations.
• Leverages market data, external expert resources, spend analytics, and cost modeling to drive fact-based decision making.
• Collaborates with internal departments (clinical teams, finance, logistics, value analysis) to address sourcing needs.
• Partners with key stakeholders to build influence, evaluate, and set targets for sourcing activities for assigned complex categories.
• Maintains financial and operational performance by monitoring key performance indicators (KPIs) to measure the success of sourcing initiatives and make data-driven decisions.
• Tracks supplier performance and ensures compliance with contract terms.
• Prepares and presents business cases and should-cost models.
• Performs complex data analysis and builds financial models (i.e., ROI, supplier scorecards, savings tracking, make vs. buy decision models).

Requirements

• Minimum Education and Experience Requirements: Bachelor’s Degree, preferable in healthcare administration, business, or related field. AND Experience 5+ years of experience in sourcing, or the facilitation and negotiation of contracts within strategic or supply chain, or developing, initiating, and managing sourcing strategies, or identifying and implementing sourcing objectives and goals supporting organizational strategies, or experience within a Supply Chain capability area relevant to Strategic Sourcing.
• Minimum Certifications, Registration Or License Requirements: C.P.M. or equivalent certification preferred.

Qualifications

• Strong leadership and interpersonal skills.
• Strategic thinking.
• Excellent communication and presentation abilities.
• Problem-solving capabilities.

Skills

• Proficiency in data analysis tools.
• Knowledge of healthcare regulations.