Sourcing Lead II-Materials Management Purchasing - Mount Sinai Corporate - Full Time - Monday-Friday, 9am - 5pm

Mount Sinai Health System•New York, NY

About The Position

The Sourcing Lead is responsible for heading the sourcing and supplier selection for a group of categories and departments, leading a team, and basing decisions on the intersection of cost, quality and outcomes, with consideration of impact to departments and patients within the health care system.

Requirements

Bachelor's degree (Masters or J.D. preferred) in a related field (or equivalent combination of education and applicable sourcing/ purchasing experience)
10 years minimum (higher preferred), sourcing products and services in a health care setting, with related contract negotiation skills and project management experience

Nice To Haves

Certification preferred

Responsibilities

Effectively builds relationships and communicates with client departments and assesses needs and supplier performance expectations. Evaluates department practices, usage and demand; defines client requirements and specifications. Demonstrates an expert knowledge in the organizations service and financial standards and incorporates it appropriately.
Gathers and interprets supplier and market data through formal and informal processes. Evaluates supplier capabilities to meet the institutions needs through fair and thorough techniques, and determines sourcing strategies that optimize value. Actively reviews supplier effectiveness and makes recommendations for change as necessary.
Researches comparator businesses and institutions to support sourcing recommendations.
Works with departments to quantify budget impacts of new contracts. Interprets and analyzes data to present to department heads for review, and to Value Analysis senior leadership.
Partners with client departments to establish efficient ordering routines that incorporate appropriate controls within health system operations. Takes a lead role in implementing changes in sourcing (i.e., moving to a new supplier; implementing increased spends/services).
Negotiates contracts, terms and conditions, and ramifications of contractual verbiage as it relates to product/service/supplier and impact on the health system. Develops contracts that support health system business requirements, including clearly defined goods and services expectations, performance measurements and shortfall remedies.
Takes an active role in the creation of new policies and procedures that introduce and drive appropriate supplier behaviors, increase efficiencies in department spending, etc.
Discusses automated processes with I.T. for more efficient supplier interfaces. Works closely with I.T. leadership on current processes and new projects for efficient integration of applications in the procurement process
Leads levels I and II Sourcing Specialists and support staff and may perform in a supervisory capacity.
Takes a lead role in projects as related to value analysis, including demand, supplier reliability, costs and savings. Interacts with others in the project team and related departments, and facilitates a successful conclusion. Demonstrates a high degree of project management skills that drive project timing, service and savings objectives.
Maintains currency of health care value analysis trends and market developments.