Strategic Sourcing Manager (Remote)
Our client, a leading healthcare company dedicated to revolutionizing the industry, is looking for a Strategic Sourcing Manager for their Portland, OR location. This is a 6-month contract with the possibility of conversion and is fully remote. Candidates must be able to work Pacific Time (PT) hours. Professionals with direct sourcing and procurement experience in highly regulated industries such as healthcare, finance, utilities, manufacturing, or legal are encouraged to apply.
About the role
In this role, you will contribute focused expertise and drive a culture of spending discipline for more complex spend categories (e.g., complex services) through efficient, effective, and best-in-class strategic sourcing, contract management, negotiation, and supplier management practices. You will leverage company-implemented technology to build and own relationships with internal customers, ensure regulatory compliance, mitigate company risk, and contribute to the organization’s solutions profitability.
Responsibilities
- Develop sustainable strategies for moderate to highly complex spend categories that include spend analysis, market and geographic considerations, and strategic importance.
- Implement appropriate sourcing strategies to support corporate and divisional objectives, control the company’s purchased material costs, and ensure an adequate source of supply.
- Lead sourcing events that provide the company competitive advantage in materials, supplies, and services.
- Create, manage, and promote sound relationships with strategic suppliers and internal business partners.
- Manage suppliers, total cost, quality, and delivery performance.
- Optimize supplier performance, including contract compliance, continuous improvement, innovations, obsolescence, and reduction in total cost of ownership.
- Conduct periodic strategic supplier business reviews and supplier visits.
- Foster collaborative relationships with multiple business partners and strategic suppliers.
- Locate, analyze, and develop a consolidated supplier base to meet current and future commodity needs.
- Evaluate current market conditions regularly and make changes to support market shifts.
- Manage and facilitate all facets of supply management activities between division business units and their suppliers.
- Negotiate and manage all contracts and agreements for assigned commodities, ensuring relentless pursuit of cost savings and favorable terms.
- Understand, track, and forecast key cost drivers and market factors for assigned commodities.
- Identify and evaluate business risks in contracts and advise business owners on performance obligations to mitigate risk.
- Develop focus area knowledge and expertise within commodity focus teams to further understand company-wide needs and evaluate suppliers.
- Foster an environment of continuous learning and focus among sourcing management analysts in the same focus group.
- Understand the nuances and complexities of varied and complex commodity groups.
- Drive continuous improvement in all aspects of the procurement process, including evaluating existing contracts for savings opportunities.
- Utilize eSourcing and contract lifecycle management procurement software to create, manage, and monitor contracts, approvals, sourcing events, online auctions, and RFx creation and maintenance.
Requirements
- Bachelor’s degree in business or technology and 10 years of procurement/supply chain experience, including 4 years of strategic sourcing experience, or equivalent combination of education and experience.
- Advanced contracting skills—knowledge of contracting principles, laws, regulations, and industry standards.
- Advanced planning and negotiation skills.
- Proven leadership track record in initiating change and challenging the status quo.
- In-depth knowledge of supply chain fundamentals.
- Prior experience in identified spend category industry desired.
- Ability to apply key procurement skills, including development/management of category strategies; RFP/RFI development; contract negotiations; strategic sourcing; management of supplier relationship lifecycle; understanding of risk mitigation principles; and understanding of Total Cost of Ownership.
- Demonstrated ability to market departmental offerings to the rest of the organization.
- Strong written, verbal communication, and presentation skills.
- Detail- and multi-task-oriented with the ability to handle rapid changes in the marketplace and work environment.
- Strong coaching and mentoring skills.
- Past leadership experience in supply chain or procurement.
- Excellent problem-solving and risk management skills.
- Excellent market research and analytical skills, as well as continuous knowledge of external trends affecting the health insurance industry.
- Proficient in MS Office Suite and IBM Desktop Software (including Lotus Notes).
- Certification in supply chain, contract management, or procurement desired.
- Experience with PeopleSoft, eSourcing, and CLM procurement software desired.
We are unable to accommodate corp. to corp. candidates.