Sourcing Analyst I - Supply Chain

Cleveland Clinic

1d•Hybrid

About The Position

Join the Cleveland Clinic team where you will work alongside passionate caregivers and make a lasting, meaningful impact on patient care. Here, you will receive endless support and appreciation while building a rewarding career with one of the most respected healthcare organizations in the world. As Sourcing Analyst you will support Supply Chain activities related to Clinical Device contracts, including sourcing, contract management, supplier analysis, and cost optimization. The position will collaborate with internal stakeholders and suppliers to identify opportunities that improve value, support operational needs, and align with organizational objectives, while contributing to the department’s financial goals through annualized cost savings for Cleveland Clinic and supporting cost-basis reduction initiatives through data analysis, sourcing strategies, contract negotiations, and identification of cost improvement opportunities. A caregiver in this position works a hybrid schedule with 3 days remote and 2 day on-site at Cleveland Clinic Administrative Campus from 8:00 a.m. – 5:00 p.m.

Requirements

Bachelor's Degree in supply chain management, transportation and logistics, Business or a related field
High School diploma/GED and four years of relevant in a hospital setting can substitute work experience
Associate’s degree and two years of relevant experience in a healthcare setting can substitute work experience
Requires critical thinking skills, decisive judgment, and the ability to work with minimal supervision.
Must possess analytical skills and knowledge of PC computer programs to perform spreadsheet analysis and data extraction.

Responsibilities

Supports category team in identifying sourcing opportunities, including cost savings, value creation, and risk management.
Requests quotations from existing vendors and reviews against applicable criteria such as quality, price, product availability, distribution method, risk, etc.
Perform data analysis for assigned less complex spend categories.
Performs data maintenance to ensure the validity of the category team’s data.
Collaborate with senior level analysts on contract negotiations and projects.
Meet with team to identify contract negotiations and other savings opportunities.
Initiates requests for quotations and reviews incoming bids for best price, availability of stock, price protection, consignment and other alternatives.
Meet with sales representatives to evaluate new products or services available.
Supports manager by performing data analysis and preparing reports on category performance.
Remain current regarding significant developments concerning goods and services purchased; reviews advertising literature, trade journals and other sources of product and service information.
Maintain the proper and appropriate professional and ethical relationships with all vendor representatives, conduct business according to established principles and guidelines.
Maintain excellence in customer service.