Strategic Sourcing Manager

Elevance Health • Indianapolis, IN

1d • $110,440 - $180,720 • Hybrid

About The Position

The Strategic Sourcing Manager supports Procurement by executing and implementing sourcing strategies for one or more sub-categories. The role is hybrid and requires associates to work in-office 1–2 days per week; alternate locations may be considered for candidates within commuting distance of an office. Candidates outside a reasonable commuting distance will not be considered unless an accommodation is granted as required by law.

The manager executes standardized strategic sourcing processes, builds relationships with internal customers and key suppliers, and focuses on cost savings. The role also participates in cross-enterprise commodity teams, conducts fact-based negotiations, executes contracts using approved terms and conditions, implements sourcing recommendations, manages e-procurement catalog content, and monitors supplier compliance, performance, and benefits.

Elevance Health describes itself as a health company focused on improving lives and communities and making healthcare simpler. The position is classified as Non-Management Exempt and belongs to the PUR > Sourcing job family. For candidates working in Minnesota or New York, the stated salary range is $110,440 to $180,720. Actual compensation may vary based on factors including location, experience, education, and skill level.

Requirements

• BA/BS and 8 years of experience in sourcing/supplier selection, including at least 6 years of experience negotiating pricing and contract terms and conditions; or an equivalent combination of education and experience.
• Candidates must reside within a reasonable commuting distance of an office unless granted an accommodation, under the stated hybrid/virtual work policy.

Nice To Haves

• MBA preferred.
• CPSM preferred.
• Carelon experience strongly preferred.

Responsibilities

• Execute standardized strategic sourcing processes for assigned sub-categories.
• Build and maintain strong working relationships with internal customers and key suppliers for sub-categories.
• Focus on cost savings.
• Participate in cross-enterprise commodity teams for sub-categories and track and improve non-compliance with preferred suppliers.
• Participate in fact-based negotiations and execute contracts using approved terms and conditions.
• Implement sourcing recommendations and develop and manage e-procurement catalog content.
• Monitor, track, and report supplier compliance and performance benefits.

Benefits

• Comprehensive benefits package, subject to eligibility requirements.
• Incentive and recognition programs.
• Equity stock purchase.
• 401(k) contribution.
• Merit increases.
• Paid holidays.
• Paid Time Off.
• Incentive bonus programs, unless covered by a collective bargaining agreement.
• Medical insurance.
• Dental insurance.
• Vision insurance.
• Short- and long-term disability benefits.
• 401(k) match.
• Stock purchase plan.
• Life insurance.
• Wellness programs.
• Financial education resources.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level