Sourcing Lead Consultant

Blue Cross and Blue Shield Association•Chicago, IL

22h

About The Position

The role is responsible for developing, managing, implementing, and leading strategic sourcing opportunities to improve the organization's overall financial position. This role actively contributes to the execution of procurement and sourcing strategies through negotiating complex contractual agreements, category management, key stakeholder management, supplier management, and demonstrated expertise in managing cross-functional projects. The role leverages market intelligence and industry knowledge to lead major initiatives and RFx processes, working closely with internal and external stakeholders to identify critical business requirements and manage the status of all sourcing activities. It provides stakeholders with insights on mitigating risk, forecasting demand, and optimizing value within the sourcing process, market options, and available solutions versus business objectives. Additionally, it may be responsible for creating and managing diverse strategic supplier partnerships that drive enterprise value with innovation, best cost, and competitive advantages.

Requirements

7+ Years in Supply Chain, Sourcing, Procurement, Vendor Management, or related functions
Experience negotiating and managing sourcing agreements.
Experience developing and executing sourcing strategies.
Ability to work independently and in a team-oriented, collaborative environment.
Comprehensive knowledge of procurement/sourcing policies and regulations.
Effective negotiation and influencing skills across various categories.
Familiarity with contract lifecycle management and external sourcing/acquisition requirements.
Technical competence with P2P and contract management software applications.
Ability to prioritize and execute tasks in ambiguous and time-sensitive environments.
Effective relationship management skills: ability to build and collaborate with internal and external stakeholders.
Concise and confident written and verbal communication skills.
Ability to manage multiple simultaneous projects requiring frequent communication and problem-solving skills.
Ability to acquire, organize, and synthesize financial data to identify key findings.

Nice To Haves

Bachelor's Degree in supply chain management, Finance, Economics, or Business Administration; or equivalent work experience
Experience managing US government procurements in healthcare industry.
Certified Professional in Supply Management (CPSM) - ISM

Responsibilities

Manage and grow assigned categories through new agreements, contract enhancements, and utilization
Engage with stakeholders to optimize supplier selection and drive cost reduction initiatives
Lead major projects including RFx development, bid process oversight, negotiations, and contract execution
Collaborate with business stakeholders to implement sourcing strategies and enhance contract performance
Plan and communicate project status to maintain stakeholder relationships and identify strategic opportunities
Develop comprehensive category strategies and stay informed about industry trends and emerging technologies