Senior Sourcing Executive

Posted 17 Days Ago
Be an Early Applicant
3 Locations
In-Office
89K-156K Annually
Senior level
Analytics • Consulting
The Role
Lead sourcing and contracting strategies to reduce spend and enhance efficiency, managing negotiations, contract drafting, and supplier relationships in healthcare categories.
Summary Generated by Built In

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:

In this role, you will lead high-impact sourcing and contracting strategies that reduce spend, enhance operational efficiency, and deliver measurable value for clients. You will guide complex negotiations—drafting, redlining, and shaping sophisticated contract terms in partnership with Legal—while managing the full sourcing lifecycle across diverse healthcare categories. You will influence outcomes with strategic insight, market intelligence, and strong judgment, serving as a trusted adviser to clients and internal teams. And if you are new to healthcare, you will still thrive here—this role is designed for exceptional negotiators who excel in complex discussions, think critically, and lead with confidence.

Responsibilities:

  • Lead negotiation of complex contract terms and conditions and structure innovative solutions that meet client needs.

  • Partner with Legal to draft, refine, and validate contract language for accuracy, compliance, and risk mitigation.

  • Manage the full sourcing lifecycle, including opportunity assessment, RFP design, bid evaluation, supplier selection, and implementation support.

  • Develop sourcing strategies based on spend analysis, market trends, benchmarking, and supplier dynamics.

  • Identify and propose cost-savings initiatives grounded in financial analysis and market intelligence.

  • Oversee contract maintenance, including amendments, renewals, compliance evaluation, and performance monitoring.

  • Use analytical tools and contracting platforms to support workflow efficiency, documentation accuracy, and savings tracking.

  • Present negotiation updates, sourcing strategies, risks, and recommendations to clients and internal leadership.

  • Build and maintain strong partnerships with clients, suppliers, and internal stakeholders.

  • Communicate complex strategies and negotiations clearly and effectively to executive-level audiences.

Qualifications:

  • Relevant degree preferred. Business, Supply Chain, Legal Studies, Healthcare Administration, or related field preferred.

  • 5 or more years of relevant experience required.

  • Expertise in drafting, redlining, and negotiating complex terms and conditions.

  • Proven ability to lead complex sourcing initiatives.

  • Strong analytical, financial, and problem-solving abilities.

  • Exceptional verbal communication and presentation skills, which are critical for facilitating supplier discussions, clearly articulating contract changes, and ensuring alignment among internal stakeholders and clients throughout the sourcing and negotiation process.

  • Proficiency in Microsoft Office.

  • Ability to manage multiple priorities in a fast-paced, matrixed environment.

  • This role follows a hybrid work model, requiring three days per week in the office. Office locations include Irving, TX; Chicago, IL; and Centennial, CO.

  • 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.

Skills Required

  • 5 or more years of relevant experience
  • Expertise in drafting and negotiating complex terms
  • Proficiency in Microsoft Office
  • Relevant degree preferred in Business, Supply Chain, Legal Studies, or Healthcare Administration
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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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