Sourcing and Contract Mgr

Baylor Scott & White Health•Dallas, TX

23h

About The Position

The Sourcing and Contracts Manager handles sourcing, contracting, and supplier management for assigned products or services. The role executes commodity strategies across spending categories and serves as a focal point for the business and Supply Chain areas. Its primary focus is drafting contracts and agreements, ensuring appropriate terms, and negotiating with suppliers. The manager monitors existing contracts, incorporates changes arising from business needs and supply markets, and suggests modifications to sourcing strategies as needed. The role works with business, sourcing, legal, and other internal teams to create and manage agreements for products and services needed for business operations and growth. It supports cost reduction, product standardization, effective pricing, accurate contract information, and appropriate delivery and logistics options while ensuring contracts meet organizational, supplier, compliance, risk, and legal needs.

Requirements

Bachelor's degree, or four years of work experience above the minimum qualification.
Three years of experience.
Exceptional verbal and written communication skills, with the ability to influence all levels of the organization.
Ability to explain complex contractual issues clearly and view legal and contract matters through a business lens.
Contracting and negotiation expertise, including managing complex agreements with significant budget impact.
Ability to apply critical thinking to complex problems and develop viable solutions.
Knowledge of sourcing and/or contracting best practices and measurement techniques.
Ability to manipulate large volumes of spend data to examine supplier, product, and facility utilization.
Knowledge of finance and accounting impacts of assigned areas of spend.
Excellent Microsoft Office skills.

Responsibilities

Draft, negotiate, and execute contracts for assigned categories, comparing them with industry trends and market standards.
Engage with end users and Commodities Directors to understand market pressures and their impact on internal contracts.
Ensure savings goals and targets are met for assigned categories and provide support for requests for non-strategic products or services as needed.
Drive yearly cost reductions through product standardization and obtaining competitive commodity or service costs.
Participate in and/or manage Requests for Proposals (RFPs) for new or existing products and services.
Ensure pricing is effective and accurate in the system, and ensure contract information in the source-to-settle system is accurate and complete.
Partner with sourcing, business, and legal teams on contract negotiations, rights, obligations, and RFPs.
Create agreements for products and services needed for business operations and growth, ensuring they meet the needs of the organization and supplier.
Serve as an internal interface with Finance, Accounting, Revenue Cycle, business stakeholders, Supply Chain operations, Logistics, Legal, Risk Management, Compliance, and Enterprise Security.
Review supplier requests to change terms and conditions, assess risk, recommend ways to protect organizational interests, and address supplier questions or resolve or escalate disputes.
Assess contract language revisions and redlines, negotiate with suppliers, maintain necessary contract terms, and comply with internal compliance, risk, and legal requirements.
Evaluate delivery and logistics options with internal stakeholders and suppliers.
Monitor market information, benchmarking, product introductions, and other factors that affect the comparative position of contracts.