Strategic Sourcing Specialist

HealthFirst•New York, NY

13d•$58,900 - $80,070•Hybrid

About The Position

The Strategic Sourcing Specialist executes enterprise sourcing initiatives across multiple spend categories, turning approved category strategies into structured, competitive sourcing events that deliver measurable commercial value. The role leads sourcing execution from event launch through evaluation and recommendation, including supplier engagement, proposal analysis, evaluation coordination, sourcing documentation, and commercial support. It works within the Procurement Operations Hub and partners with Category Management, Vendor Management, the Procurement Center of Excellence, Legal, Finance, Compliance, and business stakeholders. Category Management retains ownership of category and commercial strategy, while this role leads disciplined sourcing execution in support of it. The specialist uses market intelligence, digital sourcing tools, analytics, automation, and AI-enabled capabilities to improve sourcing speed, transparency, competition, and decision quality. The role also coordinates cross-functional sourcing projects, maintains audit-ready records, ensures compliance with procurement governance, supports contract preparation and sourcing-to-contract transitions, and contributes to continuous improvement of procurement processes and tools. This position follows a hybrid schedule, with in-office attendance at the 100 Church Street, NYC office every Tuesday, Wednesday, and Thursday. The hiring range is $58,900–$80,070 for residents of the Greater New York City Area (NY, NJ, CT) and $51,000–$75,905 for other approved locations. Compensation depends on relevant experience, education, licenses, certifications, and other pertinent factors.

Requirements

Bachelor's degree in Business Administration, Supply Chain Management, Finance, or equivalent experience listed in place of the degree.
Minimum 3–5 years of experience in strategic sourcing, procurement, purchasing, category management, or related procurement disciplines.
Demonstrated experience administering competitive sourcing events, including RFIs, RFPs, and RFQs.
Strong analytical and commercial skills, including experience evaluating supplier proposals, pricing, and sourcing alternatives.
Strong project coordination, communication, stakeholder management, and problem-solving skills.
Proficiency with Microsoft Office and enterprise procurement or sourcing technologies.
Ability to adhere to a hybrid work schedule, reporting to the 100 Church Street, NYC office every Tuesday, Wednesday, and Thursday.

Nice To Haves

CPSM, CIPS, or equivalent procurement certification.
Healthcare payer or managed care procurement experience.
Experience using enterprise procurement platforms such as Workday, Coupa, SAP Ariba, Icertis, or similar sourcing technologies.
Experience supporting sourcing initiatives across multiple spend categories, including technology, professional services, BPO, or corporate services.
Experience using sourcing analytics, automation, AI-enabled procurement tools, or digital evaluation capabilities.
Knowledge of contract management, supplier due diligence, commercial evaluation, and procurement governance.

Responsibilities

Lead operational execution of competitive sourcing initiatives, including RFIs, RFPs, RFQs, supplier evaluations, and other market engagement activities.
Translate approved category and sourcing strategies into sourcing plans, event timelines, supplier communications, evaluation frameworks, and procurement documentation.
Manage sourcing events from launch through evaluation and recommendation, ensuring fairness, transparency, competition, and compliance with established methodologies.
Coordinate supplier questions, proposal submissions, presentations, clarification sessions, and evaluation activities.
Partner with Category Managers to align sourcing execution with business objectives, commercial strategy, risk requirements, and desired outcomes.
Analyze supplier proposals, pricing submissions, commercial terms, service models, and evaluation results to support objective supplier selection.
Develop bid comparison models, total cost analyses, pricing summaries, scenario comparisons, and commercial evaluation materials.
Support Category Management in identifying commercial risks, negotiation opportunities, supplier dependencies, and value levers.
Prepare sourcing recommendations and supporting analyses for stakeholder and leadership review in accordance with procurement governance requirements.
Coordinate supplier due diligence and required risk inputs with enterprise stakeholders before recommendation and award.
Conduct supplier market research to identify qualified suppliers, emerging providers, competitive alternatives, and relevant market developments.
Develop supplier profiles, capability assessments, market scans, and benchmarking inputs.
Partner with the Procurement Intelligence Analyst to use spend analytics, pricing intelligence, supplier data, and market insights in sourcing engagements.
Monitor supplier markets, pricing trends, technology developments, and sourcing practices for opportunities to increase competition, innovation, or value.
Document and share sourcing insights and lessons learned to improve future strategies and enterprise procurement knowledge.
Coordinate cross-functional sourcing teams involving Category Management, business stakeholders, Legal, Finance, Compliance, Information Technology, Risk, and other subject matter experts.
Establish sourcing project plans, milestones, responsibilities, evaluation schedules, and decision points, and manage progress through completion.
Facilitate supplier presentations, evaluation workshops, sourcing meetings, and decision sessions, documenting outcomes and next steps.
Provide sourcing guidance to business stakeholders and promote consistent use of enterprise processes, templates, and evaluation methodologies.
Escalate material sourcing risks, delays, supplier issues, and governance concerns to Category Management and Procurement Operations leadership.
Use sourcing platforms, analytics, automation, and AI-enabled procurement capabilities to improve efficiency, consistency, and decision quality.
Partner with the Procurement Digital Transformation Lead to implement digital sourcing workflows, automated event administration, supplier communications, evaluation support, and sourcing analytics.
Identify sourcing activities, documentation requirements, and workflow steps suitable for automation or standardization.
Support testing, adoption, and continuous improvement of digital sourcing tools and enterprise procurement technologies.
Improve sourcing templates, playbooks, evaluation methodologies, workflows, and stakeholder experience through data-driven process improvement.
Ensure sourcing complies with enterprise procurement policies, delegated authority, sourcing standards, and applicable governance requirements.
Maintain complete, accurate, and audit-ready sourcing records, including supplier communications, proposals, evaluations, approvals, recommendations, and decision documentation.
Coordinate sourcing-to-contract and sourcing-to-onboarding transitions with Category Management, Legal, Procurement Operations, Vendor Management, and business stakeholders.
Support contract negotiation preparation by organizing commercial inputs, supplier commitments, evaluation outcomes, and sourcing documentation.
Promote consistent sourcing governance, documentation quality, and procurement best practices across enterprise sourcing engagements.