Manager, Strategic Sourcing and Contract Management

HNL Lab MedicineAllentown, PA
6dOnsite

About The Position

The Strategic Sourcing / Contract Manager plays a major role in strategizing, negotiating, and managing contracts of all types with a large focus on capital equipment and maintenance. You will be an integral contributor providing strategic and tactical recommendations and execution all contractual related matters. You will also be involved in Supply Chain Strategies and Contract Negotiations for Materials across multiple sites. In this role, you will showcase your business acumen on a daily basis while you manage and advise direct reports on all contractual matters from proposal through closeout while seeking cost reductions and operational efficiency. ESSENTIAL DUTIES AND RESPONSIBILITIES: include the following. Other duties may be assigned. ( these duties are the core tasks and responsibilities of the position) You will oversee the administration, tracking, recording and reporting on all existing contracts and work with key stakeholders on strategy of renewals, terminations or additional requirements. Negotiate terms and evaluate vendors for most efficient total cost of ownership or consumption You will use your ability to interpret legal contract language and negotiate contracts to most favorable terms and work with legal as required Manage contract databases including oversight of Workday contract module migration. Integrate with other internal and external functional personnel to resolve contract matters of varying complexity and financial magnitude Work closely with finance, operational excellence and other internal organizations on managing the accounting of depreciation and maintenance of all equipment as well as cost/margin modeling. Review bids and proposals to ensure they meet company policy, customer, and legal requirements Facilitate Quarterly or Bi-Annual business reviews with top tier suppliers. Manage contract management system internally in order to simplify the workflow related to contracts Oversee the contract administrative role and ensure that the paperwork is drafted and implemented as per company-wide procedure and policy compliance Deliver a structured managed contract process from determining needs, assisting in vendor selection, developing, issuing and evaluating RFI/RFPs where required, risk analysis, negotiating and executing agreements benefiting HNL through the life of the contract. Regularly conduct contract audits to identify agreements to be archived/retired. Point of contact for management related to vendor and contract queries and be an advocate for best practices in vendor and contract management Position will ongoing supply chain analytics and reporting May include Direct Reports

Requirements

  • BS in Supply Chain, Business, Accounting or equivalent experience.
  • 3-5 years experience in a Strategic Sourcing and Contract Management, Supply Chain roles.

Nice To Haves

  • Developing Supply Chain Strategies across multiple sites is a plus.
  • Lean business practices and/or certifications a plus

Responsibilities

  • Oversee the administration, tracking, recording and reporting on all existing contracts and work with key stakeholders on strategy of renewals, terminations or additional requirements.
  • Negotiate terms and evaluate vendors for most efficient total cost of ownership or consumption
  • Interpret legal contract language and negotiate contracts to most favorable terms and work with legal as required
  • Manage contract databases including oversight of Workday contract module migration.
  • Integrate with other internal and external functional personnel to resolve contract matters of varying complexity and financial magnitude
  • Work closely with finance, operational excellence and other internal organizations on managing the accounting of depreciation and maintenance of all equipment as well as cost/margin modeling.
  • Review bids and proposals to ensure they meet company policy, customer, and legal requirements
  • Facilitate Quarterly or Bi-Annual business reviews with top tier suppliers.
  • Manage contract management system internally in order to simplify the workflow related to contracts
  • Oversee the contract administrative role and ensure that the paperwork is drafted and implemented as per company-wide procedure and policy compliance
  • Deliver a structured managed contract process from determining needs, assisting in vendor selection, developing, issuing and evaluating RFI/RFPs where required, risk analysis, negotiating and executing agreements benefiting HNL through the life of the contract.
  • Regularly conduct contract audits to identify agreements to be archived/retired.
  • Point of contact for management related to vendor and contract queries and be an advocate for best practices in vendor and contract management
  • Position will ongoing supply chain analytics and reporting
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