Sourcing Analyst I - Supply Chain

Cleveland Clinic

1d•Hybrid

About The Position

The Sourcing Analyst I supports Supply Chain activities related to Clinical Device contracts, including sourcing, contract management, supplier analysis, and cost optimization. The role collaborates with internal stakeholders and suppliers to identify opportunities that improve value, support operational needs, and align with organizational objectives. It contributes to departmental financial goals through annualized cost savings and supports cost-basis reduction initiatives through data analysis, sourcing strategies, contract negotiations, and identification of cost-improvement opportunities. The position follows a hybrid schedule: three days remote and two days on-site at the Cleveland Clinic Administrative Campus, working 8:00 a.m. to 5:00 p.m. The analyst supports category teams and senior analysts, prepares and maintains category data, evaluates vendor bids and products, and maintains professional and ethical relationships with vendors while delivering excellent customer service.

Requirements

Bachelor's degree in supply chain management, transportation and logistics, business, or a related field.
A high school diploma or GED and four years of relevant experience in a hospital setting may substitute for the degree requirement.
An associate degree and two years of relevant experience in a healthcare setting may substitute for the degree requirement.
Critical-thinking skills, decisive judgment, and the ability to work with minimal supervision.
Analytical skills and knowledge of PC computer programs to perform spreadsheet analysis and data extraction.
Manual dexterity to operate office equipment; frequent sitting, standing, and walking to various locations for meetings; normal or corrected vision; and the ability to communicate verbally by phone or in person.
Own transportation to travel to multiple sites.
Follow standard precautions and use personal protective equipment as required.
Comply with the influenza prevention program, including annual vaccination or an approved exemption.
Undergo controlled-substance testing following an offer of employment.

Responsibilities

Support category teams in identifying sourcing opportunities, including cost savings, value creation, and risk management.
Request quotations from existing vendors and review them against criteria such as quality, price, product availability, distribution method, and risk.
Perform data analysis for assigned, less complex spend categories.
Maintain data to ensure the validity of category-team information.
Collaborate with senior-level analysts on contract negotiations and projects.
Meet with the team to identify contract negotiations and other savings opportunities.
Initiate requests for quotations and review incoming bids for price, stock availability, price protection, consignment, and other alternatives.
Meet with sales representatives to evaluate available new products or services.
Support the manager by analyzing data and preparing reports on category performance.
Stay current on significant developments concerning purchased goods and services by reviewing advertising literature, trade journals, and other information sources.
Maintain appropriate professional and ethical relationships with vendor representatives and conduct business according to established principles and guidelines.
Maintain excellence in customer service.