VP, Strategic Sourcing

Owens & Minor • Mechanicsville, VA

1d • Hybrid

About The Position

The Vice President, Strategic Sourcing is the senior executive accountable for designing, scaling, and governing O&M Innovations’ Strategic Sourcing capability as a core value‑creation engine for health system customers. This role owns enterprise sourcing strategy, operating model integrity, vendor portfolio philosophy, and value realization, ensuring O&M Innovations delivers credible, defensible, and sustainable spend reduction outcomes across clinical and non‑clinical non‑labor categories. Reporting directly to the SVP of O&M Innovations, the VP leads sourcing as a market‑facing, outcomes‑driven capability, tightly integrated with analytics, technology, and services. The role serves as the senior executive interface to health system leadership, strategic suppliers, and internal partners—translating sourcing expertise into scalable client results and measurable financial impact. This position does not manage day‑to‑day sourcing execution but is fully accountable for portfolio‑level performance, sourcing governance, and maturity of the sourcing operating model across O&M Innovations.

Requirements

• Bachelor’s degree in Business, Supply Chain, Healthcare Administration, Finance, or a related discipline.
• 15+ years of experience in sourcing, procurement, supply chain analytics, or healthcare related financial analysis
• 8+ years of diversified leadership, planning, communication, organization ,and people motivation skills (or equivalent experience)
• Experience supporting competitive sourcing events and supplier evaluations.

Nice To Haves

• Experience within healthcare, hospital, or clinical product sourcing environments.
• Exposure to medical surgical, implant, pharmaceutical, or clinical equipment categories.
• Experience working with GPO contracts and manufacturer pricing structures.

Responsibilities

• Perform clinical spend analysis to identify sourcing, standardization, and cost reduction opportunities across assigned product categories.
• Prepare detailed pricing comparisons, utilization analyses, and supplier benchmarking to support category strategies.
• Support baseline development and savings calculations for sourcing initiatives in accordance with value capture standards.
• Analyze distributor, manufacturer, and GPO data to identify pricing variability, contract compliance gaps, and leverage opportunities.
• Support clinical sourcing events, including RFIs, RFQs, and RFPs, by preparing bid structures, supplier lists, evaluation scorecards, and analysis templates.
• Evaluate supplier responses for pricing, service levels, clinical equivalency, and contractual terms.
• Assist Category Managers in developing negotiation scenarios, cost models, and trade off analyses.
• Document sourcing recommendations and prepare materials used for stakeholder and clinical review discussions.
• Support supplier evaluations, including product conversions, supplier performance reviews, and risk assessments.
• Assist with contract documentation, pricing validation, and alignment to sourcing awards.
• Partner with contract stewards and legal teams to ensure sourcing outcomes align with approved terms and governance standards.
• Maintain sourcing documentation, audit trails, and supporting analyses.
• Utilize sourcing and procurement systems (e.g., Coupa, SAP, or similar platforms) to manage sourcing events, catalogs, and pricing data.
• Maintain data accuracy and consistency across sourcing tools, analytics platforms, and reporting outputs.
• Follow standardized sourcing processes and templates to support repeatability, auditability, and quality.
• Identify opportunities to improve sourcing efficiency, data quality, and analytical approaches.

Benefits

• Comprehensive Healthcare Plan - Medical, dental, and vision plans start on day one of employment for full-time teammates.
• Educational Assistance - We offer educational assistance to all eligible teammates enrolled in an approved, accredited collegiate program.
• Employer-Paid Life Insurance and Disability - We offer employer-paid life insurance and disability coverage.
• Voluntary Supplemental Programs – We offer additional options to secure your financial future including supplemental life, hospitalization, critical illness, and other insurance programs.
• Support for your Growing Family – Adoption assistance, fertility benefits (in medical plan) and parental leave are available for teammates planning for a family.
• Health Savings Account (HSA) and 401(k) - We offer these voluntary financial programs to help teammates prepare for their future, as well as other voluntary benefits.
• Paid Leave - In addition to sick days and short-term leave, we offer holidays, vacation days, personal days, and additional types of leave – including parental leave.
• Well-Being – Also included in our offering is a Teammate Assistance Program (TAP), Calm Health, Cancer Resources Services, and discount programs – all at no cost to you.

What This Job Offers

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