Strategic Sourcing Manager

Premier Inc.

1d•$90,000 - $150,000•Remote

About The Position

Strategic Sourcing Manager What you will be doing: The Contracting Manager is responsible for sourcing and management for contracts within the purchased services service line, which will include multiple contracts or relationships. Specifically, Contracting Managers will be responsible for: • Supplier and Member Relationship Management • Support with Development of Opportunity Road Map • Full (End to End) Sourcing Process • GPO and Member Contract Negotiations • Project Status Tracking and Report Out to Member

Requirements

Years of Applicable Experience - 5 or more years
High School Diploma or GED (Required)
Sourcing
Contract Negotiations
Contract Operations
Purchased Services
History of sourcing and negotiating agreements
Healthcare experience
Remain in a stationary position for prolonged periods of time
Be adaptive and change priorities quickly; meet deadlines
Attention to detail
Operate computer programs and software
Ability to communicate effectively with audiences in person and in electronic formats.
Day-to-day contact with others (co-workers and/or the public)
Making independent decisions
Ability to work in a collaborative business environment in close quarters with peers and varying interruptions

Nice To Haves

Bachelor's degree

Responsibilities

Supplier and Member Relationship Management
Manage supplier relationships, contracts and contract categories with small to mid-tier suppliers.
Resolve supplier related issues regarding contracting activities.
Remain point of contact for the supplier to member and Premier.
Conduct regular Business Line Reviews with member.
Develop performance metrics and own relationship management with member and supplier.
Negotiations
Run complete sourcing process including but not limited to data gathering, RFP drafting and release, response analysis, pricing negotiations and contracting.
Conducts negotiation meetings with suppliers, ensures standardization of processes and deliverables to Sourcing Committees, shares subject matter expertise, and develops and mentors department staff.
Responsibility for managing the competitive sourcing process related to optimum contract pricing, terms, and conditions.
Contract Operational and Financial Management
Solid understanding of contract management processes and systems.
Serve as the single point of contact for the contract and responding to questions from Premier’s field team and member hospitals
Review and analyze supplier sales data.
Assist in training new suppliers on Premier policies and procedures.
Support the management of the amendment process. Able to create amendments with some guidance from manager, while ensuring contract modifications are in the best interest of Premier and its Members.
Accurately forecast administrative fees for contracts.
Ensure supplier compliance with sales reporting and fee payment
Monitor accounts receivable for portfolio.
Monitor contract usage to maximize Premier administrative fees
Routinely negotiate with suppliers to increase contract value via mitigation of price increases, price decreases, expansion of classes of trade, or other contract value.
Support and provide input on initiatives to increase contract revenue