Senior Sourcing Executive

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3 Locations
In-Office
89K-156K Annually
Analytics • Consulting
The Role

When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

As a Senior Sourcing Executive, you will serve as a strategic sourcing expert, delivering best-in-class sourcing and contracting strategies focused on optimizing value for Vizient clients. You will lead all aspects of the strategic sourcing process, including opportunity identification, strategy development, contract execution, negotiations, implementation, and supplier relationship management. By designing and executing client-specific sourcing strategies, you will drive cost savings, improve contract terms and conditions, and identify new value propositions. This role focuses on collaboration and building trusted relationships with stakeholders and suppliers to deliver long-term results.

Responsibilities: 

  • Lead the development and execution of sourcing workplans that align to client objectives and savings goals. Analyze category spend and market trends to prioritize sourcing initiatives and develop a comprehensive roadmap.

  • Work in collaboration with clients to develop customized contract portfolio.

  • Manage sourcing projects from RFP development and bid facilitation through negotiation, contract award, and implementation.

  • Conduct ongoing price monitoring and contract maintenance utilizing Vizient analytical tools and external sources to review existing agreement market relevance and pricing for negotiations. 

  • Collaborate with legal and cross-functional teams to ensure contracts meet organizational standards and guidelines.

  • Serve as a key communication lead, delivering updates on opportunities, progress, and challenges to stakeholders. Facilitate feedback to drive continuous improvement.

Qualifications:

  • Relevant degree preferred.  Advanced Degree a plus.

  • 5 or more years of relevant experience working in strategic sourcing, contract management, or supply chain required. Experience in a healthcare setting is preferred.

  • Experience working across a variety of healthcare supply categories preferred.

  • Proficiency in Microsoft Office tools, with the ability to translate complex data into strategic insights.

  • Experience with procurement and contracting platforms a plus.

  • Ability to partner and collaborate cross functionally with internal and external stakeholders.

  • Exceptional interpersonal and communication skills

  • Willingness to travel.

Estimated Hiring Range:

At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $88,900.00 to $155,500.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

Equal Opportunity Employer:   Females/Minorities/Veterans/Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

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The Company
HQ: Irving, TX
5,661 Employees
Year Founded: 1977

What We Do

Vizient, Inc., the nation’s largest health care performance improvement company, serves more than 50% of the nation’s acute care providers, which includes 97% of the nation’s academic medical centers, and more than 20% of ambulatory care providers. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $130 billion in annual purchasing volume. Vizient is based in Dallas and has offices in 20 metropolitan areas across the United States. We have 4,000 employees with a breadth of expertise, experience and compassion, who are eager to develop and implement solutions that advance health care for the greater good.

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