Day) Center City

Jefferson Health Plans•Philadelphia, PA

3d•Onsite

About The Position

The Sourcing Manager is responsible for the timely and cost-effective strategic sourcing of complex goods and services within assigned categories. The role develops and executes category strategies using spend analysis, market dynamics, category intelligence, business requirements, and supplier performance information to support a continuous and sustainable supply of quality goods and services, optimize costs, and comply with organizational policies. The manager conducts supplier research, requests for proposals, and contract negotiations; develops negotiation strategies to maximize value and minimize risk; and manages day-to-day vendor relationships and agreements. The position monitors markets and supplier performance, resolves supply chain issues, and works with clinical teams, finance, logistics, value analysis, and other stakeholders to meet sourcing needs. It also monitors KPIs and prepares business cases, should-cost models, and financial analyses to evaluate sourcing initiatives.

Requirements

Bachelor’s degree.
At least 5 years of experience in sourcing; facilitating and negotiating contracts in strategic sourcing or supply chain; developing, initiating, and managing sourcing strategies; identifying and implementing sourcing objectives and goals that support organizational strategies; or a relevant Supply Chain capability area.
Strong leadership and interpersonal skills.
Strategic thinking.
Excellent communication and presentation abilities.
Problem-solving capabilities.
Proficiency in data analysis tools.
Knowledge of healthcare regulations.

Nice To Haves

Bachelor’s degree preferably in healthcare administration, business, or a related field.
C.P.M. or equivalent certification.

Responsibilities

Execute sourcing strategies for assigned categories, ensuring cost-effective procurement and adherence to policies and procedures.
Ensure savings are delivered promptly and expected enterprise benefits are realized.
Implement process improvements that increase sourcing operational efficiency.
Conduct supplier research, requests for proposals, and contract negotiations within assigned categories.
Develop and execute negotiation strategies to maximize total value and minimize risk.
Manage day-to-day vendor relationships, including contracts, consignment agreements, and rental agreements.
Recommend vendor selections and contract terms for review by Strategic Sourcing leadership.
Present bid submission results to Strategic Sourcing leadership and relevant stakeholders to support sourcing decisions.
Monitor vendor performance, resolve supply chain issues, and ensure contract compliance.
Monitor category-leading practices and market changes, including supply consolidation and technology innovations.
Use market data, external expert resources, spend analytics, and cost modeling to support fact-based decisions.
Collaborate with internal departments, including clinical teams, finance, logistics, and value analysis, to address sourcing needs.
Partner with stakeholders to build influence and evaluate and set targets for sourcing activities in assigned complex categories.
Monitor KPIs, track supplier performance, and use data to assess sourcing initiatives and contract compliance.
Prepare and present business cases and should-cost models.
Perform complex data analysis and build financial models, including ROI, supplier scorecards, savings tracking, and make-versus-buy decision models.
Develop subject-matter expertise in assigned categories.

Benefits

Medical insurance, including prescription coverage
Supplemental insurance
Dental insurance
Vision insurance
Life and AD&D insurance
Short- and long-term disability coverage
Flexible spending accounts
Retirement plans
Tuition assistance
Voluntary benefits, including access to group insurance rates and discounts
Tuition discounts at Thomas Jefferson University after one year of full-time service or two years of part-time service