Contracts Portfolio Manager

1 month ago


Morristown, United States Atlantic Health System Full time

This is an onsite job in Morristown.


Responsible for facilitating Vendor Mgmt, Project Mgmt, Process Improvement & Contract Execution relationships as well las effective negotiation in procuring products and services for best value. Effective negotiation in creating and facilitating relationships to assist in procuring the best products and services for the best value.



Principal Accountabilities:



1. Coordinate between Legal, vendor and department to ensure business terms are reviewed, negotiated and all relevant parties are involved to foster transparency and collaboration for any contract review.

2. Support contract review, negotiation, product conversions, and administration tasks for various committees.

3. Assist in the development of request for proposals (RFPs) and develops consolidated overview of all suppliers' proposals to select optimal vendor.

4. Routinely work with HealthTrust GPO (Group Purchase Organization) to analyze new and existing GPO contracts for potential savings opportunities, participation levels, maintain existing compliance levels, and identify tier optimization opportunities.

5. Partake in membership of AllSpire Collaborative groups based on departmental areas of coverage to enhance existing GPO contracts and drive standardization across AllSpire membership.

6. Responsibility to have contract pricing updates uploaded in tandem with contract price changes and resolve all invoices promptly

7. Work the daily reporting tools to identify and resolve price discrepancies before they occur.

8. Coordinate Quarterly Business Reviews with vendors and key stakeholdersMonitor and renew expiring contracts at least three months in advance.


Qualifications for Internal Candidates



Required:

1. BS in Supply Chain or related field highly preferred

2. Minimum 3 years of relevant experience in a similar role.

3. Must be a multi-tasker acclimated to a challenging, fast-paced environment, implementing strategic approaches while generating data-driven sustainable value and savings.

4. Healthcare experience required



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