Sourcing Consultant

Posted 16 Days Ago
Be an Early Applicant
Holyoke, MA, USA
In-Office
131K-178K Annually
Senior level
Healthtech • Insurance • Professional Services
The Role
Lead strategic sourcing for complex goods and services: develop category strategies, conduct spend and market analysis, negotiate and manage contracts, drive savings realization, partner with stakeholders, manage supplier relationships, and lead cross-functional sourcing initiatives across the organization.
Summary Generated by Built In

Baystate Health, a nationally recognized leader in healthcare quality and safety, and home to Baystate Medical Center (BMC), and the region's only level 1 trauma center, providing services throughout western Massachusetts is looking for a Strategic Consultant for Supply Chain.

QUALIFICATIONS:

  • Bachelor's Degree in Supply Chain or Business preferred.
  • Masters perferred
  • 8+ years of experience in Strategic Consulting or Procurement

SCHEDULE:

  • Fulltime 40 hours per week Monday-Friday
  • Hybrid opportunity

LOCATION:

  • Onsite Springfield, MA or Holyoke, MA

THE ADVANTAGES OF WORKING WITH BAYSTATE!

  • Excellent Compensation High-quality, low-cost medical, dental and vision insurance
  • Generous PTO with scheduled earned increases
  • Continuing education support and reimbursement
  • First Time Home Buyers Financial Packages
  • Farm Share Memberships
  • 403b retirement company match & annual company contribution increase based on years of service
  • Free money coach advice from a certified professional
  • Wellbeing programs that include but are not limited to mental, physical, and financial health
  • Pet, home, auto and personal insurance
  • Life insurance
  • Reimbursement for a variety of wellbeing activities, included but limited to gym membership and equipment, personal trainer, massage and so much more!
  • Wellbeing programs that include but are not limited to mental, physical, and financial health

Summary:

This position is responsible for the timely and cost-effective strategic sourcing of complex goods and/or services. This position advises and guides business units regarding the application and integration of procurement philosophies and techniques to meet the needs of identified internal customer requirements using a global category view. This individual is responsible for sourcing, negotiating, contracting, and purchasing complex categories by influencing teams with various levels of employees and management to leverage buying power and recommend appropriate procurement strategies and tactics to obtain desired results. Extensive interaction with Business Units, Leadership, Finance, Legal, and suppliers is required to ensure that total costs are identified and optimal savings are realized in executing a contract. Goods and services are reviewed by this position and managed across the company for all locations.

Job Description:

• Strategic category sourcing, through the development of category strategies based on rigorous analysis of spend data, supply market dynamics, category intelligence, and business requirements.

• Products' continuous supply and quality drive cost savings and cost avoidance and support strategic, innovative technologies. 

• Interfacing with and managing business units for assigned strategic sourcing area(s).

• Partnering with key stakeholders to build influence, evaluate, and challenge the status quo.

• Working with business units to plan and set targets for sourcing activity for assigned complex categories.

• Regularly monitoring the market for category-leading practices and demand/supply shifts such as supply consolidation, technology innovations, etc.

• Identifying options for reverse auctions in category strategies.

• Working on complex sourcing initiatives requires high technical, market impact, and supply base competence.

• Actively setting, leading, and driving the sourcing team and timeline for all assigned sourcing initiatives.

• Leading the entire contract life cycle from Request for Proposal to supplier exit to meet the organization's cost, quality, and service expectations for assigned categories.

• Analyzing supplier proposals and facilitating fact-based supplier selection processes; preparing recommendations for leadership.

• Leveraging market data, external expert resources, spend analytics, and cost modeling to drive fact-based decision-making.

• Preparing and presenting business cases and should-cost models; performing complex data analysis and building financial models (i.e., ROI, supplier scorecards, savings tracking, make vs. buy decision models).

• Developing and executing negotiation strategies to maximize total value and minimize risks.

• Working with legal to ensure proper representation and enforcement of binding terms and conditions.

• Ensuring savings are delivered promptly and achieving the realization of expected benefits.

• Ensuring high-quality customer service, including conducting sourcing analysis and addressing sourcing-related questions and problems.

• Driving continuous improvements.

• Supporting supplier diversity and sustainability goals by explaining them and advocating for diverse suppliers and sustainable options when they are viable.

Skills/ Competencies:

• Dynamic influencing, communication, and facilitative skills across cultures and geographies.

• Strong understanding of technical, business, and commercial concepts.

• Solid analytical and problem-solving skills and external focus.

• Excellence in supplier negotiation and both internal and external communication.

• Proactive collaborator in a matrix organization.

• Desire to achieve assigned results in a fast-paced environment and be a change agent.

• Fluency with the 7-Step Strategic Sourcing Process, including tools and their application to the Process.

• Ability to build and lead teams attaining cross-functional consensus.  

Required Experience:

8+ years of:

- Experience in the facilitation and negotiating of contracts.

- Developing, initiating, and managing sourcing strategies with tactical processing capabilities.

- Building/leading/influencing effective cross-functional teams.

- Managing diverse stakeholder interests and expectations.

- Building strategic supplier relationships.

- Team interaction and project management experience.

- Effectively communicating (verbal and written) with a wide range of customers and team members.

- Application of supply chain management and business process reengineering practices.

- Process redesign and improvement.

- Knowledge of corporate services industry market trends and dynamics

- Demonstrated capability in strategically sourcing corporate services and/or commodities.

- Corporate services strategy development, process change management, and implementation.

- Facilitating day-to-day operational and strategic objectives.

- Personal Computing, including Microsoft Excel, Word, PowerPoint, Visio, and Project.

- ERP (Procure to Pay preferred), e-Procurement, and sourcing systems/tools.

- Identifying and implementing sourcing objectives and goals that support organizational strategies.

- Problem-solving, financial, and analytical process skills. 

Education:

Required: Bachelor's degree (BA/BS) in Supply Chain or Business. 

Preferred: Master's degree (MBA).

Certification Preferred:

CMRP

  

  

   

Education:

Bachelors Degree (Required)

Certifications:

Compensation

Note: The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range. Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees.

Minimum - Midpoint - Maximum

$130,977.00 - $150,550.00 - $178,048.00

Equal Employment Opportunity Employer

Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status.

Skills Required

  • Bachelor's degree in Supply Chain or Business
  • Master's degree (MBA)
  • 8+ years experience in Strategic Consulting or Procurement
  • Experience facilitating and negotiating contracts
  • Developing, initiating, and managing sourcing strategies
  • Building, leading, and influencing cross-functional teams
  • Managing diverse stakeholder interests and expectations
  • Building strategic supplier relationships
  • Project management and team interaction experience
  • Strong verbal and written communication skills
  • Application of supply chain management and business process reengineering practices
  • Process redesign and continuous improvement experience
  • Knowledge of corporate services industry market trends and dynamics
  • Demonstrated capability in strategically sourcing corporate services and/or commodities
  • Fluency with the 7-Step Strategic Sourcing Process
  • Experience with personal computing: Microsoft Excel, Word, PowerPoint, Visio, Project
  • Experience with ERP (Procure-to-Pay preferred), e-Procurement, and sourcing systems/tools
  • Ability to build business cases, should-cost models, ROI and savings tracking
  • Certification CMRP
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The Company
HQ: Springfield, MA
13,000 Employees

What We Do

Baystate Health is a not-for-profit, integrated healthcare system serving western Massachusetts through a network of hospitals, medical practices, and health insurance services.

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