Strategic Sourcing Manager
2 weeks ago
We are seeking a dynamic and results-driven Strategic Sourcing Manager to join our Healthcare GPO team. The ideal candidate will possess a strong technical background and deep expertise in medical devices, PPE, or medical-surgical (Med-Surg) products. This role requires a strategic thinker with a proven track record in supplier management, contract negotiations, and cost optimization. The Strategic Sourcing Manager will be responsible for developing and implementing sourcing strategies to drive value, improve quality, and ensure the supply chain’s reliability across a broad range of healthcare categories.
Key Responsibilities:
- Category Management: Lead sourcing strategies for medical devices, PPE, and Med-Surg products, ensuring alignment with organizational goals and GPO member needs.
- Supplier Relationships: Develop and maintain strong relationships with key suppliers, fostering collaboration, and driving continuous improvement in quality, service, and innovation.
- Contract Negotiations: Negotiate contracts, terms, and pricing with suppliers to secure the best value, while ensuring compliance with regulatory standards and risk mitigation.
- Market Analysis: Conduct comprehensive market research and data analysis to identify emerging trends, pricing fluctuations, and new suppliers that could drive competitive advantage.
- Cost Savings Initiatives: Identify and implement cost-saving opportunities through sourcing strategies, process improvements, and supplier consolidation without compromising quality or service.
- Cross-functional Collaboration: Work closely with internal stakeholders, including clinical teams, procurement, legal, and finance, to ensure sourcing strategies align with patient care objectives and operational goals.
- Supplier Performance Management: Establish key performance indicators (KPIs) to monitor supplier performance, drive accountability, and ensure consistent delivery of products that meet quality and service requirements.
- Compliance & Risk Management: Ensure that all sourcing activities comply with healthcare regulations, including FDA, OSHA, and other relevant standards. Identify and mitigate supply chain risks to ensure product availability.
- Technical Expertise: Leverage your technical knowledge in med device, PPE, or Med-Surg products to evaluate new technologies, product innovations, and supplier capabilities, ensuring the highest levels of quality and performance.
- Reporting: Provide regular reporting on category performance, cost savings, and supplier performance to key stakeholders, including leadership and GPO members.
Qualifications:
- Education: Bachelor’s degree in Engineering, Supply Chain, Business, or related field. Advanced degree or certifications (e.g., CMRP, CPSM, PMP) are preferred.
- Experience: 5-7 years of experience in strategic sourcing, procurement, or supply chain management with a focus on medical devices, PPE, or Med-Surg products within a healthcare GPO or related environment.
- Technical Background: In-depth technical knowledge of medical devices, PPE, or Med-Surg products is required.
- Skills:
- Strong negotiation, contract management, and supplier relationship management skills.
- Proven ability to drive cost savings while maintaining product quality and availability.
- Excellent communication and interpersonal skills, with the ability to work collaboratively across functions.
- Strong analytical and problem-solving skills, with a data-driven approach to decision-making.
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