Sourcing Executive

Posted 3 Days Ago
Be an Early Applicant
4 Locations
In-Office
77K-135K Annually
Junior
Analytics • Consulting
The Role
Coordinate sourcing and contracting activities to drive cost savings and operational efficiency, analyzing proposals and managing projects for effective contract execution.
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 coordinate and support contracting and sourcing activities that drive cost savings, operational efficiency, and enhanced value for clients. You will analyze supplier proposals and spend data, develop contract strategy recommendations, and collaborate with Legal and cross-functional teams to ensure accurate and timely contract execution. You will manage sourcing and cost-savings projects, prepare data-driven insights, and deliver clear communications that inform recommendations and outcomes. You will build strong relationships with internal stakeholders, suppliers, and clients while upholding Vizient’s commitment to integrity, transparency, and service excellence.

Responsibilities:

  • Coordinate preparation, review, and routing of client-specific contracts and related documentation.

  • Develop customized contract strategy recommendations to reduce spend and maximize delivered value.

  • Collaborate with Legal to negotiate contract terms and conditions and support consensus-building among clients, suppliers, and internal teams.

  • Analyze supplier proposals and requests for proposals to inform sourcing recommendations.

  • Manage sourcing and cost-savings projects from initiation through completion, adjusting approach based on client and supplier needs.

  • Ensure contract compliance with agreed terms to achieve cost-savings targets.

  • Maintain accurate contract data and records to support audit readiness and operational transparency.

  • Collect, validate, and analyze client spend, supplier, and market data to identify savings opportunities and process improvements.

  • Create dashboards, reports, and visualizations that communicate sourcing performance, recommendations, and results.

  • Build and maintain collaborative relationships with internal stakeholders, suppliers, and clients.

Qualifications:

  • Relevant degree preferred.

  • 2 or more years of relevant experience required.

  • Strong analytical skills with the ability to calculate, interpret, and present cost-savings opportunities.

  • Ability to negotiate contract terms in collaboration with Legal.

  • Proficiency in developing reports, dashboards, and visualizations.

  • 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.

  • Strong attention to detail and ability to manage multiple projects.

  • Familiarity with sourcing, contracting, or procurement processes preferred.

  • Experience supporting vendor relationship activities preferred.

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

  • 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 $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.

Top Skills

Analytical Tools
Dashboards
Data Visualization
Reporting Software
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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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