Manager Procurement & Inventory (US)

Elevance Health • Indianapolis, IN

3d • Hybrid

About The Position

Manager of Procurement & Inventory Hybrid 2: This role requires associates to be in-office 3 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. (Eastern Standard Time preferred) Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. At Federal Government Solutions - FGS, a proud member of the Elevance Health, Inc. family of companies, we’re creating greater access to care for our members, greater value for our customers, and greater health for our communities. Join us and together we will drive the future of federal health care. The Manager of Procurement & Inventory is responsible for managing the procurement process, optimizing supply chain operations, and ensuring the availability of necessary goods and services while achieving cost savings and maintaining compliance with regulations for assigned business units. How you will make an Impact: Identifies cost-saving opportunities, improves efficiency, and drives continuous improvement in procurement operations. Establishes and maintains relationships with suppliers, vendors, and distributors. Leads the development and execution of sourcing strategies for goods and services for the assigned business unit. Manages and implements the subcontractor strategy for teaming agreement partners and active subcontract actions needed. Manages full life cycle subcontract administration functions including vendor analysis, cradle-to-grave subcontract award, and post-award administration in compliance with company policies and procedures and with applicable laws and Federal Acquisition Regulations (FAR) and contract requirements. Conducts market analysis, identifies potential suppliers, evaluates proposals, and makes recommendations for supplier selection. Oversees the drafting, review, and negotiation of procurement contracts and agreements. Monitors vendor contract performance, resolves issues and ensures compliance with contractual agreements and service level agreements (SLAs). Drafts and reviews agreements such as subcontracts, teaming agreements, non-disclosure agreements, software licenses, interconnection security agreements, escrow, and other legal documents. Ensures compliance with legal and regulatory requirements and Federal Acquisition Regulations (FAR). Identifies opportunities for automation, implements technology solutions, and drives continuous process improvement initiatives. In charge of drafting small business narratives and subcontractor plans for proposals. Hires, trains, coaches, counsels, and evaluates the performance of direct reports.

Requirements

• Requires a BA in Business Administration, Supply Chain Management, or a related field and a minimum of 7 years of related experience in Procurement or Supply Chain Management; or any combination of education and experience that would provide an equivalent background.

Nice To Haves

• Strong knowledge of procurement best practices, strategic sourcing methodologies, and contract management is strongly preferred.
• An in-depth understanding of healthcare procurement regulations, compliance requirements, and industry trends is strongly preferred.
• Knowledge of Federal Acquisition Regulations (FAR) and supplemental acquisition regulations of government agencies as they apply to and influence aspects of procurement and subcontracting is strongly preferred.
• Excellent negotiation skills with a track record of achieving cost savings and favorable contract terms are strongly preferred.
• The ability to build and maintain strong relationships with suppliers and internal stakeholders is strongly preferred.
• An analytical mindset with the ability to analyze data, generate insights, and make data-driven decisions is strongly preferred.
• Strong leadership and team management skills, with the ability to motivate and develop a high-performing team, are strongly preferred.
• Excellent communication and presentation skills, both verbal and written are strongly preferred.
• Proficiency in procurement software, enterprise resource planning (ERP) systems, and Microsoft Office Suite is strongly preferred.
• Certified Purchasing Manager (CPM) certification is preferred.
• The ability to lift 20 pounds is preferred.
• FGS knowledge is preferred.

Responsibilities

• Identifies cost-saving opportunities, improves efficiency, and drives continuous improvement in procurement operations.
• Establishes and maintains relationships with suppliers, vendors, and distributors.
• Leads the development and execution of sourcing strategies for goods and services for the assigned business unit.
• Manages and implements the subcontractor strategy for teaming agreement partners and active subcontract actions needed.
• Manages full life cycle subcontract administration functions including vendor analysis, cradle-to-grave subcontract award, and post-award administration in compliance with company policies and procedures and with applicable laws and Federal Acquisition Regulations (FAR) and contract requirements.
• Conducts market analysis, identifies potential suppliers, evaluates proposals, and makes recommendations for supplier selection.
• Oversees the drafting, review, and negotiation of procurement contracts and agreements.
• Monitors vendor contract performance, resolves issues and ensures compliance with contractual agreements and service level agreements (SLAs).
• Drafts and reviews agreements such as subcontracts, teaming agreements, non-disclosure agreements, software licenses, interconnection security agreements, escrow, and other legal documents.
• Ensures compliance with legal and regulatory requirements and Federal Acquisition Regulations (FAR).
• Identifies opportunities for automation, implements technology solutions, and drives continuous process improvement initiatives.
• In charge of drafting small business narratives and subcontractor plans for proposals.
• Hires, trains, coaches, counsels, and evaluates the performance of direct reports.

Benefits

• We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager