Senior Contract and Sourcing Lead

Tower Health•West Reading, PA

About The Position

The Senior Contract and Sourcing Lead in Supply Chain Management: Performs analytical tasks in support of securing savings and streamlining processes for Tower Health and its affiliates while providing the highest quality patient care. Gathers and analyzes large datasets to provide data driven recommendations that support business decisions. Performs strategic sourcing and system-wide contract standardization. Demonstrates expertise in the assigned contract portfolio/categories and uses best practices and knowledge of internal or external business issues to continually seek improved outcomes for Tower Health. Exercises judgment in selecting and/or adapting methods for obtaining solutions - taking a new perspective on using existing solutions to solve complex problems. Manages the entire life cycle of contract administration from the solicitation of bids and proposals to vendor negotiation and contract execution. Works concurrently on multiple initiatives of varying size and scope, including large system wide contracts. Monitors and evaluates the performance of vendors to ensure that all parties are complying with contractual terms. Acts as a key resource for the Value Analysis team whose purpose is to evaluate the impacts of new products with the goal of reducing expenses. Reports progress, risks and issues to business stakeholders and Supply Chain leadership. Acts as a leader who mentors peers and takes initiative to improve operational and financial excellence. Interfaces with various positions within the Supply Chain department, as well as Tower Health leadership, physicians, peers and vendors as a primary liaison and support person.

Requirements

4 year Bachelor's Degree - OR - combination of relevant education & experience may be considered in lieu of Bachelor's Degree
Healthcare contracting and sourcing expertise including:
Strategic sourcing methodologies (RFP/RFQ/RFI)
Complex contract negotiation skills (pricing tiers, rebates, physician preference items)
Understanding of GPO contracting structures and local contracting strategies
Familiarity with clinical terminology, evidence-based evaluation and physician preference items (implants, devices)
Experience working directly with physicians, surgeons, and clinical leadership including Value Analysis participation or leadership
Experience with spend analytics, utilization analysis, and savings validation and tracking
Experience leading product conversions, standardization initiatives and cost-reduction projects
Collaborative Skills
Customer Service Skills
Delegation Skills
Detail Oriented
Excellent Communications Skills
Excellent Interpersonal Skills
Leadership Skills
Listening Skills
Microsoft Office Applications
Multitasking
Negotiation Skills
Organizational Skills
Prepare & Give Presentations
Strong Team Player

Responsibilities

Performs analytical tasks in support of securing savings and streamlining processes
Gathers and analyzes large datasets to provide data driven recommendations
Performs strategic sourcing and system-wide contract standardization
Manages the entire life cycle of contract administration
Monitors and evaluates the performance of vendors
Acts as a key resource for the Value Analysis team
Reports progress, risks and issues to business stakeholders and Supply Chain leadership
Acts as a leader who mentors peers and takes initiative to improve operational and financial excellence
Interfaces with various positions within the Supply Chain department, as well as Tower Health leadership, physicians, peers and vendors as a primary liaison and support person

Benefits

Generous time off, tuition assistance, and comprehensive benefits
Instant access throughout the pay period with Tower Advance Pay, ensuring financial flexibility and convenience
Employee Assistance Program, Retirement Savings Program, Life Insurance, and more!

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