Spend Manager

Posted 7 Days Ago
Be an Early Applicant
United States of America
77K-128K Annually
Junior
Analytics • Consulting
The Role
As a Spend Manager, you will collaborate with Spend Executives to enhance contract usage and identify cost-saving opportunities in supply chains. Your role involves onboarding new providers, developing business reviews, managing contracts, tracking savings, and optimizing sourcing strategies, while acting as a liaison between various stakeholders.
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 collaborate closely with the Spend Executives and other subject matter experts to enhance contract penetration and implement value-driven strategies. You will be responsible for identifying potential savings within the supply chains while promoting the utilization of supply chain contracts and programs. You will play a crucial role in recommending relevant products and solutions that align with the unique needs of these providers. Your primary focus areas will encompass medical/surgical, pharmacy, lab, IT, purchased services, facilities, and more.

Responsibilities:

  • Identify and implement cost-saving opportunities by submitting contract documents, providing detailed analytics, and collaborating with teams to track and achieve member savings.

  • Facilitate the onboarding of new provider resources and ensure effective utilization of Vizient tools and solutions through education and ongoing support.

  • Partner with Spend Executives and Analysts to develop and deliver Quarterly Business Reviews, including strategy, presentation, and follow-up.

  • Manager membership rostering, implement new provider locations, and maintain accurate updates in CRM systems for assigned providers.

  • Enhance Vizient's position as a trusted advisor by informing providers of industry trends and aligning products and capabilities with their needs.

  • Drive GPO contract coverage growth, analyze member spend data, and convert new contract opportunities to optimize sourcing strategies.

  • Document and track supply chain contract saving opportunities, facilitate project plans, and provide detailed quarterly reporting of tier optimization results.

  • Oversee tier activation processes, including Contract Price Activation. LOC/LOP execution, and document submission, ensuring alignment with member needs.

  • Manage expiring contract reporting and coordinate contract extensions or terminations in collaboration with providers and sourcing managers.

  • Act as a liaison between Vizient, suppliers, providers, and internal teams to present vetted savings opportunities, ensure accurate data submission, and support strategic programs like NovaPlus and IMPACT conversations.

Qualifications:

  • Relevant degree preferred.

  • 2 or more years of relevant experience within category management, sourcing, or supply chain in healthcare required..

  • Strong organizational and analytical skills, ability to manage multiple deadlines, and conflict resolution skills.

  • Experience working with complex healthcare/hospital clients

  • Detail-oriented with excellent presentation and communication skills required.

  • Advanced knowledge of Word, Excel, and PowerPoint.

  • Advanced Excel (VLOOKUP, pivot tables, formulas) and PowerPoint skills.

  • 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 $127,600.00.

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

Excel
PowerPoint
Word
The Company
HQ: Irving, TX
5,661 Employees
On-site Workplace
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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