Vice President, Procurement and Vendor Strategy

The Oncology Institute•Cerritos, CA

43d•$225,000 - $250,000

About The Position

The Oncology Institute (www.theoncologyinstitute.com): Founded in 2007, The Oncology Institute (NASDAQ: TOI) is advancing oncology by delivering highly specialized, value-based cancer care in the community setting. TOI offers cutting-edge, evidence-based cancer care to a population of approximately 1.9 million patients, including clinical trials, transfusions, and other care delivery models traditionally associated with the most advanced care delivery organizations. With over 180 employed and affiliate clinicians and over 100 clinics and affiliate locations of care across five states and growing, TOI is changing oncology for the better. At The Oncology Institute of Hope & Innovation (TOI), we are on a mission to heal and empower patients through compassion, innovation, and state-of-the-art medical care. As a leader in Procurement & Vendor Management, you will play a critical role in advancing this mission by ensuring our clinicians and teams have the resources, technologies, and partnerships needed to deliver world-class care. Position Summary: The Vice President of Procurement and Vendor Strategy is responsible for leading the organization's procurement operations and vendor management strategy. This executive role ensures cost-effective purchasing, strategic sourcing, contract negotiation, and vendor performance optimization across all departments. The VP will drive innovation, compliance, and value creation through strategic partnerships and supply chain excellence.

Requirements

Bachelor's degree in Business, Supply Chain Management, or related field (Master's preferred).
10+ years of progressive leadership experience in procurement, vendor management, or supply chain.
Proven success in strategic sourcing, contract negotiation, and vendor performance management.
Strong understanding of healthcare regulations and industry dynamics (if applicable).
Excellent communication, analytical, and leadership skills.
Experience with ERP systems (e.g., SAP, Oracle) and procurement analytics tools.

Nice To Haves

Certified Professional in Supply Management (CPSM)
Certified Purchasing Professional (CPP)
Lean Six Sigma or similar process improvement credentials

Responsibilities

Develop and execute a comprehensive procurement and vendor strategy aligned with organizational goals.
Lead cross-functional initiatives to optimize sourcing, reduce costs, and improve service delivery.
Establish procurement policies, procedures, and governance frameworks.
Oversee vendor selection, onboarding, performance evaluation, and relationship management.
Negotiate contracts and service-level agreements (SLAs) to ensure favorable terms and risk mitigation.
Implement vendor scorecards and continuous improvement programs.
Manage centralized and decentralized purchasing functions across clinical, administrative, and IT departments.
Ensure compliance with regulatory requirements (e.g., HIPAA, CMS, FDA) and ethical sourcing standards.
Leverage data analytics to monitor spend, identify savings opportunities, and forecast procurement needs.
Build and lead a high-performing procurement and vendor management team.
Provide mentorship, training, and career development opportunities.
Foster a culture of accountability, innovation, and collaboration.
Evaluate and implement procurement technologies (e.g., ERP systems, e-sourcing platforms).
Drive digital transformation and automation in procurement processes.
Collaborate with IT and finance to ensure system integration and data integrity.