Sourcing Executive

Reposted Yesterday
Be an Early Applicant
3 Locations
In-Office
77K-135K Annually
Mid level
Analytics • Consulting
The Role
Support development and execution of sourcing strategies, assist in contract drafting, negotiations, data analysis, and supplier communications while collaborating with internal teams.
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 support the development and execution of sourcing and contracting strategies that reduce spend, improve operational efficiency, and deliver value for clients. You will participate in drafting, redlining, and negotiating contract terms under the guidance of senior team members and Legal, building foundational skills in complex negotiations. You will assist across the full sourcing lifecycle—from data analysis and RFP preparation to supplier engagement, negotiation support, and contract maintenance—while collaborating closely with internal teams and suppliers to strengthen your sourcing, communication, and stakeholder-management capabilities.

Responsibilities:

  • Assist in drafting and redlining contract terms and conditions under the direction of senior team members and Legal.

  • Participate in supplier negotiations by preparing materials, summarizing issues, and contributing to discussions.

  • Support alignment between clients, suppliers, and internal teams by gathering information and documenting updates.

  • Ensure contract documents reflect agreed updates and adhere to established standards.

  • Elevate complex or sensitive negotiation items to senior sourcing executives for guidance.

  • Contribute to sourcing strategies by collecting and analyzing data, market insights, and supplier information.

  • Assist in RFP creation, distribution, bid collection, and initial evaluations.

  • Coordinate supplier communications and scheduling for sourcing activities.

  • Support contract maintenance activities, including amendments, renewals, and pricing validations.

  • Prepare communication materials summarizing sourcing progress, opportunities, and supplier updates.

Qualifications:

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

  • 2 or more years of relevant experience required.

  • Foundational experience in contract review, redlining, or negotiation support preferred.

  • Strong analytical skills with the ability to work with data and identify trends.

  • 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 tasks with guidance 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 $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.

Skills Required

  • Relevant degree preferred in Business, Supply Chain, Legal Studies, Healthcare Administration, or related field
  • 2 or more years of relevant experience
  • Foundational experience in contract review, redlining, or negotiation support preferred
  • Strong analytical skills with data management
  • Exceptional verbal communication and presentation skills
  • Ability to manage multiple tasks in a fast-paced environment

Vizient Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vizient and has not been reviewed or approved by Vizient.

  • Leave & Time Off Breadth Time off allowances are generous, with ample PTO and holidays available from day one. Separate paid volunteer days add additional protected time away.
  • Flexible Benefits Flexibility to work from anywhere for part of the year and hybrid options support work-life balance. Policies enabling remote periods complement the broader PTO structure.
  • Retirement Support Retirement benefits include a competitive 401(k) company match alongside HSA contributions on eligible plans. These elements strengthen long-term financial security within the total rewards package.

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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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