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Purchasing Business Analyst
1 week ago
Summary
SUMMARY: Manages projects from inception to completion, to include value analysis, contract negotiation, contract review according to internal legal thresholds, contract management, new product review and analysis, plans and leads product trial and evaluations, coordinates product in-services, and develops presentations to clinical staff.
DUTIES & ESSENTIAL JOB FUNCTIONS: NOTE: Following are the duties performed by employees in this classification. However, employees may perform other related duties at an equivalent level. Not all duties listed are necessarily performed by each individual in the classification.
1. Conducts market analysis, analyzes product and/or services spend data and applies broad industry knowledge to sourcing strategies and recommendations.
2. Assists in the preparation and facilitation of the Value Analysis Meetings.
3. Coordinates product fairs and trials with clinical leadership to drive standardization.
4. Develops and implements strategies and tactics to improve supply chain and purchasing leverage while strengthening vendor relationships.
5. Supports minority and women owned business enterprise (MWBE)/Supplier Diversity program aspiration
6. Facilitates the implementation and valuation of strategic opportunities for cost improvement across all managed categories and utilizes supplier partners and internal resources to drive positive change.
7. Partners with stakeholders and meets with internal departments and business units on a regular basis to optimize value, improve processes, rationalize supply base, leverage growth, reduce costs, to align on high-target leverage spend opportunities and to plan product standardization initiatives.
8. Periodically develops and conducts requests for information/proposals (RFIPs and RFPs) for high dollar value spend items; evaluates bid responses based on quality, cost saving and payment terms and recommends and/or awards contracts.
9. Leads cross-functional teams in the development and implementation of cost reduction initiatives.
10. With the Non-Physician Contracting team (NPC) coordinates a contract calendar and review process to ensure timely negotiations and renewals.
11. Engages in benchmark pricing against best-in-class trends using ERP tools, GPO resources, procurement processes and policies aimed at minimizing risk, and maximizing revenue for the system; reviews and prepares comparative pricing analysis reports and submissions to the appropriate leadership teams; makes purchasing recommendations based on quality, service, and cost.
12. Performs other duties as assigned.
Any combination of education and experience that would likely provide the required knowledge, skills and abilities as well as possession of any required licenses or certifications is qualifying.
MINIMUM QUALIFICATIONS:
Required Education: High School diploma or equivalent.
Preferred Education: Bachelor's degree in business, finance, industrial engineering, nursing, healthcare administration, supply change management or related field.
Required Experience: Four years' experience in supply chain management environment.
Preferred Experience: Experience within a healthcare environment.
FinancePurchasing
Full Time
Day
Business Professional & IT
FTE: 1
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