Senior Sourcing Executive - Healthcare

Vizient • Chicago, IL

101d • $88,900 - $155,500

About The Position

As a Senior Sourcing Executive, you will serve as a strategic sourcing expert, delivering best-in-class sourcing and contracting strategies focused on optimizing value for Vizient clients. You will lead all aspects of the strategic sourcing process, including opportunity identification, strategy development, contract execution, negotiations, implementation, and supplier relationship management. By designing and executing client-specific sourcing strategies, you will drive cost savings, improve contract terms and conditions, and identify new value propositions. This role focuses on collaboration and building trusted relationships with stakeholders and suppliers to deliver long-term results.

Requirements

• Relevant degree preferred. Advanced Degree a plus.
• 5 or more years of relevant experience working in strategic sourcing, contract management, or supply chain required.
• Experience in a healthcare setting is highly preferred.
• Experience working across a variety of healthcare supply categories preferred.
• Proficiency in Microsoft Office tools, with the ability to translate complex data into strategic insights.
• Experience with procurement and contracting platforms a plus.
• Ability to partner and collaborate cross functionally with internal and external stakeholders.
• Exceptional interpersonal and communication skills.
• Willingness to travel.

Responsibilities

• Lead the development and execution of sourcing workplans that align to client objectives and savings goals.
• Analyze category spend and market trends to prioritize sourcing initiatives and develop a comprehensive roadmap.
• Work in collaboration with clients to develop customized contract portfolio.
• Manage sourcing projects from RFP development and bid facilitation through negotiation, contract award, and implementation.
• Conduct ongoing price monitoring and contract maintenance utilizing Vizient analytical tools and external sources to review existing agreement market relevance and pricing for negotiations.
• Collaborate with legal and cross-functional teams to ensure contracts meet organizational standards and guidelines.
• Serve as a key communication lead, delivering updates on opportunities, progress, and challenges to stakeholders.
• Facilitate feedback to drive continuous improvement.

Benefits

• Comprehensive benefits plan
• Incentive eligible

What This Job Offers

• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees