Director of Strategic Sourcing

$150,000 - $180,000 yearly
  • SCM Talent Group - Executive Supply Chain Recruiting Firm
  • Hybrid (Tarrytown, NY, USA)
  • Feb 24, 2023
Full time Procurement / Sourcing Supply Chain

Job Description

Position Summary:

This position is responsible for the end-to-end strategy and execution for the strategic sourcing department. Ideal candidate is required to appraise, improve, coach, develop and support team members while analyzing external spend and opportunities as well as developing strong strategic relationships with suppliers. This position will directly work with Senior Management. This position must demonstrate proficiency in sourcing best practices and applying them, understand roles and interrelationships of health system practices and suppliers, promote team consensus and assure optimized leverage of all requirements are achievable.

Position Responsibilities:

• Developing contracts that drive value and support business requirements, including clearly defined requirements for goods and services, performance measurements and practices

• Authoring or redlining contractual documents independently or in concert with legal; designing and revising templates as required

• Ensuring valid contracts are in place before high quality, competitively bid goods or services are purchased via implementing leading practices, protocols and SOP’s

• Effectively managing relationships with key vendors and business stakeholders by conducting regular business reviews

• Evaluating suppliers through fair and thorough techniques and resolving contractual issues / concerns as they may arise

• Initiating strategic vendor improvement and performance tracking and accountability to maintain contract compliance and key performance indicators (KPIs)

• Aligning with stakeholders and business leaders on their needs

• Providing support to complex institutional initiatives and teams while ensuring Supply Chain and Procurement goals are met

• Attaining the best cost and quality outcomes via effective contract negotiations

Assisting in analyses of high impact contracts and terms and conditions as related to product, service, the supplier and any potential consequences

Developing a departmental strategy, category sourcing plans, execution roadmap with S.M.A.R.T goals and milestones to identify opportunities that will provide best price, quality and value

• Preparing presentations and analysis to support business cases to support recommendations and optimizing value

• Building and maintaining a strong working knowledge of supply market conditions for the team around sourcing sub-categories that are being managed

• Presenting findings to management regarding product and service opportunities

• Conducting market analysis, benchmarking analysis, and business needs assessments

Ensuring that targeted cost savings are achieved without placing risk on the company’s quality, outcomes, and timeline requirements

• Reporting on savings on a periodic basis and how those achievements compare to targets

• Assisting internal stakeholders, budget / cost center owners to identify and implement opportunities/processes to ensure the timely provision of goods and services

• Developing and implementing continuous process improvement and leading practices Qualifications and Requirements

• Experience with Supply chain / Sourcing /Procurement processes

• Understanding of market dynamics and business judgment

• Familiarity with supply chain / procurement processes, ideally in a hospital or healthcare setting 2

• Significant experience with complex negotiations

• Familiarity with sourcing / procurement software and systems

• Have experience working ideally in a hospital or healthcare setting

• Knowledge of Supply Chain / Sourcing / Procurement software and systems

• Experience with complex negotiations

• Advanced problem-solving skills

• Excellent interpersonal skills

• Strong drive for results

• Have great sense of urgency

• CPM, CPSM, CMRP or equivalent preferred

Exempt or Non-exempt?

Exempt

Minimum Education

Bachelor's

Travel Percentage

None