Sourcing Executive

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75062, Irving, TX
In-Office
77K-135K 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:

In this role, you will be a strategic sourcing resource dedicated to delivering best in class contracting strategies and expertise that result in supply chain cost reductions. You will contribute to all aspects of supply chain strategic sourcing processes including opportunity identification, strategy building, contract development, negotiations, communications, documentation, and implementation. You will achieve these results and a trusted advisor status through the development of key interpersonal relationships with suppliers and providers.

Responsibilities:

  • Develop a customer-specific contract strategy to reduce spend, improve operational efficiencies and maximize delivered value.

  • Work with supply-side, provider hospitals and Vizient contracting teams to develop enhancements to existing national agreements.

  • Lead new savings opportunities for providers by developing and managing customized projects.

  • Perform market research, analyze operations within participating providers, evaluate supplier value propositions, negotiate terms, craft contract language with selected suppliers, prepare final business plan documentation of projects, and serve as initial support when implementing solution.

  • Develop strategies and deliver formal presentations and updates to provider executives. 

  • Strategize and direct campaigns to bring awareness of department’s value proposition for prospective clients.

  • Assist operations through data and interpersonal analysis to find savings opportunities.

Qualifications:

  • Relevant degree preferred.

  • 2 or more years of relevant experience required.

  • Strong ability to analyze, interpret, and present data required.

  • Experience with project management required.

  • Experience with contract negotiations required.

  • A high level of attention to detail is required.

  • Proficiency with Microsoft Office products including Word, PowerPoint, Excel, and Access required.

  • Excellent written and verbal communication skills required.

  • Experience with contracts and creating contract briefs preferred.

  • Pharmacy experience a plus.

#LI-AC1

#IDS

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 $77,400.00 to $135,400.00.

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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