Business Analyst -Supplier Engagement & Innovation

Blue Cross & Blue Shield of Rhode Island • Providence, RI

2d • Hybrid

About The Position

The Supplier Engagement & Innovation Business Analyst plays a crucial role in advancing our strategic supplier engagement & innovation goals. This position involves collaborating with stakeholders to track, measure, and report on vendor supply chain objectives. The role requires strong data analysis skills and the ability to manage Tier II reporting to ensure accurate and comprehensive insights into responsible sourcing metrics. Key responsibilities include partnering with Marketing & Communications to maintain relevant content, identifying and engaging prospective vendors—including small and disadvantaged businesses—and cultivating relationships with internal stakeholders to support responsible sourcing initiatives. The role also encompasses developing and executing support programs, participating in local events, and contributing to supplier development activities in collaboration with national and local councils.

Requirements

• Bachelor’s degree in business management, communications, or related field; or an equivalent combination of education and experience
• Five or more years of experience in supply chain management, supplier engagement, small business support, data analytics
• Strategic and critical thinking skills
• Strong analytical skills and ability to interpret the data to communicate trends and best practices
• Strong business acumen and political savvy
• Strong negotiation skills
• Strong problem-solving skills
• Ability to work effectively with a wide variety of people in individual and group settings
• Strong organizing skills, with the ability to prioritize and respond to shifting deadlines and work independently
• Strong time management skills
• Strong attention to details
• Ability to manage diverse and deadline-oriented workflow
• Work effectively with a diverse workforce
• Travel required

Nice To Haves

• Experience building relationships with business and business stakeholders
• Knowledge of BCBSRI business activities or previous healthcare industry experience

Responsibilities

• Collaborate with appropriate stakeholders to track, measure, report and evaluate vendor classification status, Tier II program and any additional data related strategies adopted for the program.
• Identify and attend engagement opportunities to ensure a comprehensive vendor pool
• Manage, review and respond to inquiries from various internal channels
• Work with the marketing and communications teams to maintain and update relevant content on the company’s intranet and website
• Identify qualified, prospective small and prospective vendors that are representative of a comprehensive enterprise ecosystem, inclusive of certified non-traditional suppliers, socially disadvantaged, small and historically underutilized enterprises and facilitates introductory discussions with procurement associates and/or business owners
• Develop relationships with internal stakeholders to ensure understanding of and engagement with supplier engagement & innovation initiatives and provide consultative support to internal business owners to design, streamline, and manage the engagement with vendors.
• Work with internal and external stakeholders to assist in the development of a supplier engagement & innovation training, mentoring and networking program
• Seek out, identify and execute on participation of local events and opportunities (i.e. trade shows, markets, educational seminars, web tutorials etc.)
• Perform other duties as assigned.

Benefits

• flexible work arrangements that include remote and hybrid opportunities and paid time off
• tuition reimbursement
• student-loan repayment assistance
• health, dental, and vision insurance
• programs that support your mental health and well-being
• competitive pay
• bonuses and investment plans
• committed to growing and developing our employees
• additional paid time to volunteer

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees