Manager, Strategic Sourcing - Medsurg

Reposted Yesterday
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New York, NY, USA
In-Office
89K-135K Annually
Senior level
Healthtech • Professional Services
The Role
Manages strategic sourcing, supplier relationships, contract negotiation, and procurement projects for medical-surgical and purchased-services spend. Reviews and develops contracts, conducts market and cost analyses, leads RFx events, monitors supplier performance, and identifies savings and value opportunities. Uses ERP, contract lifecycle management, and analytics tools to support data-driven recommendations, sourcing strategies, stakeholder collaboration, and departmental planning.
Summary Generated by Built In

How you move is why we’re here. ®
Now more than ever.


Get back to what you need and love to do.
The possibilities are endless...
 
Now more than ever, our guiding principles are helping us in our search for exceptional talent - candidates who align with our unique workplace culture and who want to maximize the abundant opportunities for growth and success.
 
If this describes you then let’s talk!
 
HSS is consistently among the top-ranked hospitals for orthopedics and rheumatology by U.S. News & World Report. As a recipient of the Magnet Award for Nursing Excellence, HSS was the first hospital in New York City to receive the distinguished designation. Whether you are early in your career or an expert in your field, you will find HSS an innovative, supportive and inclusive environment.


Working with colleagues who love what they do and are deeply committed to our Mission, you too can be part of our transformation across the enterprise.

Emp Status

Regular Full time

Work Shift

Compensation Range

The base pay scale for this position is $88,500.00 - $134,750.00. In addition, this position will be eligible for additional benefits consistent with the role. The salary of the finalist selected for this role will be determined based on various factors, including but not limited to: scope of role, level of experience, education, accomplishments, internal equity, budget, and subject to Fair Market Value evaluation. The hiring range listed is a good faith determination of potential compensation at the time of this job advertisement and may be modified in the future.What you will be doing

HSS Supply Chain Management is an enterprise-wide centralized department which solicits proposals, and negotiates contracts for goods, services, medical equipment and capital while performing vital functions such as strategic planning, sourcing, purchasing, receiving/distribution, and inventory control.


Strategic Sourcing is a systematic approach to procurement that focuses on maximizing value from purchasing decisions by aligning with business goals and using a formalized approach to information gathering aiming to optimize the supply chain, reduce costs and improve quality. Key aspects of Strategic Sourcing include data collection & analysis, market research, supplier selection, negotiation, contract management, continuous improvement and alignment with strategic plan and goals.


The Strategic Sourcing Manager will play a pivotal role in a dynamic business/operational environment supporting the purchasing and inventory management activities for the med/surg spend category. The Strategic Sourcing Manager uses their contract management expertise to review, monitor and negotiate contracts, ensure compliance with procurement policies and legal requirements while continuously analyzing spending, identifying cost reduction opportunities, and recommending implementation plans in partnership with peri-op, central sterile, labs, anesthesia, nursing department and offsite end users.


Additionally, the Strategic Sourcing Manager will monitor product backorders, shortage, replacements and establish alternative sourcing plans ensuring no impact on clinical workflows and patient care. The manager works very closely with the logistics teams including GPO and Distributors to work out short-term and long-term inventory management solutions, including storage, transfers and distribution.


Lastly, the manager coordinates new product requests and evaluations through the Value Analysis program workflows and committees.


 

SUMMARY OF DUTIES AND RESPONSIBILITIES:

·         Contract Background – Reviews & negotiates contracts, terms and conditions, and ramifications of contractual verbiage as it relates to the product, service, supplier in question and those ramifications within the enterprise. Develop contracts supporting HSS business requirements, including clearly defined expectations/goods specifications, performance measurement practices and shortfall remedies. Leverages HSS Workday ERP and CLM tools to streamline the contract life cycle process.

·         Supplier Relationship Management – Manages and enhances existing contracts with key suppliers through quarterly business reviews. Identifies and implements changes to help strengthen business partnerships. Establishes and monitors supplier performance expectations, KPIs, service levels, and corrective action plans to ensure contracted suppliers consistently deliver expected cost, quality, service, and operational outcomes.

·         Analytics Skills – Analyze and interpret data both financially and qualitatively to present, interpret outcomes, and make data driven recommendations to leadership. Quantifies and tracks projected and realized savings, cost avoidance, rebates, and other financial benefits in partnership with Finance and key stakeholders.

·         Market Evaluations – Interprets market and competitive intelligence through formal and informal processes. Advocates competitive decision-making in the most efficient process and evaluates supplier capabilities to meet HSS needs through fair and thorough techniques.

·         Sourcing Strategies - Defines sourcing strategies that optimize value considering requestor/end-user needs and market conditions. Ensures the team achieves project timing, service, and savings objectives. Identify the most beneficial means to access markets and drive the supplier’s behavior accordingly.  Develops comprehensive category strategies for assigned Med/Surg spend, including supplier consolidation, product standardization, contract penetration, demand management, and long-term sourcing opportunities aligned with enterprise objectives. Leverages Workday Strategic Sourcing tools to streamline sourcing events.


·         Projects – Assess needs and initiates projects with key stakeholders based on high spend profile, potential for savings, upcoming expirations, process, inventory and technology improvements, capital projects, and value analysis related initiatives. Initiate and manage RFx events to ensure HSS is receiving the best value. Leads the end-to-end source-to-contract lifecycle from opportunity identification and stakeholder requirements through competitive sourcing, supplier evaluation, negotiation, contract execution, implementation, and transition to ongoing contract management. Partners with clinical stakeholders and Value Analysis to evaluate standardization and conversion opportunities based on cost, quality, outcomes, and operational requirements.

·         Drives departmental culture and promotes data-driven decision-making, consumer driven analytics, marketing, and investment planning across the department.

·         Provides management visibility into data-driven insights that inform the department’s strategic direction and KPI’s and determines the adoption of suitable toolsets that drive innovation. Utilizes ERP, contract lifecycle management, spend analytics, GPO, distributor, and electronic transaction data to improve sourcing visibility, contract compliance, and decision-making.

·         Assess the total financial value of sourcing events, identify risks of growth opportunities as well as provide analytics that will position the business for dynamic growth Partners with Procurement Operations, Logistics, Finance, clinical stakeholders, GPOs, distributors, and manufacturers to implement negotiated agreements, optimize contract utilization and pricing, support supplier or product conversions, and ensure expected financial and operational value is realized.

 

INTERPERSONAL SKILLS: The Strategic Sourcing Manager must be proactive, detail oriented, collaborative, have superior problem-solving skills and a positive can-do attitude.


 

LEADERSHIP SKILLS: The Strategic Sourcing Manager must demonstrate ability to inspire and collaborate cross functionally and influence the decision-making process through data and analytics.


 

YEARS OF EXPERIENCE: A highly experienced healthcare professional with at least five years of experience in Medsurg (e.g. Nursing Ward, PPE,Wound Care,etc.) Strategic Sourcing.


 

EDUCATIONAL LEVEL:

A. bachelor’s degree, preferably business/healthcare administration/supply chain.

B. Master’s Degree, preferred



COMPUTER PROGRAM/SOFTWARE OPERATED REQUIRED:

A. ERP Systems

B. Proficient levels of MS Excel

C. MS Visio, Project, Word, PowerPoint

D. Adobe & DocuSign applications

E. AI Tool Proficient (e.g., MS CoPilot)

 

PHYSICAL REQUIREMENTS/WORKING CONDITIONS: Work is primarily sedentary in nature and performed in a business office environment. No special physical demands are required.

 

RISK OF EXPOSURE TO BLOODBORNE PATHOGENS: Category III-Tasks that involve NO exposure to blood, body fluids or tissues, and Category I tasks that are not a condition of employment.

Non-Discrimination Policy
Hospital for Special Surgery is committed to providing high quality care and skilled, compassionate, reliable service to our community in a safe and healing environment. Consistent with this commitment, Hospital for Special Surgery provides care, admits, and treats patients and provides all services without regard to age, race, color, creed, ethnicity, religion, national origin, culture, language, physical or mental disability, socioeconomic status, veteran or military status, marital status, sex, sexual orientation, gender identity or expression, or any other basis prohibited by federal, state, or local law or by accreditation standards.

Skills Required

  • At least five years of experience in strategic sourcing
  • At least two years specializing in the medical-surgical and purchased-services product spend category
  • Bachelor's degree, preferably in healthcare administration or supply chain
  • Master's degree
  • Project Management Professional certification
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The Company
HQ: New York, NY
Year Founded: 1863

What We Do

Hospital for Special Surgery (HSS) is a world-leading academic medical center specializing in musculoskeletal health, including orthopedics and rheumatology.

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