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Director of Capital Sourcing

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locations

Mechanicsville, VA

time type

Full time

posted on

Posted 2 Days Ago

job requisition id

R26813

The Director of Capital Sourcing will oversee the acquisition of capital goods and services for VCU Health, ensuring cost-effectiveness, standardization, quality, and regulatory compliance. This position will lead a team dedicated to strategically source and manage a capital procurement program essential for delivering high-quality patient care while maximizing value.

Essential Job Statements Develop and execute strategic sourcing plans for capital projects, including facility expansions and renovations, and equipment upgrades, aligning with organizational goals of maximizing quality and safety while minimizing expenses.

Lead negotiations with vendors and suppliers to secure favorable terms, pricing, and contractual agreements for capital acquisitions, ensuring compliance with regulatory requirements such as AIA, CMS, The Joint Commission, and OSHA.

Collaborate with stakeholders to integrate procurement and contracting strategies into the delivery of high-quality patient care, fostering strong relationships with physician and administrative leaders, and the vendor community.

Manage the capital budget allocation and expenditures, tracking costs and delivering projects within budget while maintaining high-quality outcomes and service levels.

Implement efficient procurement processes, leveraging technology and industry-leading practices to streamline operations, reduce costs, and enhance productivity in capital sourcing and procurement.

Monitor market trends, technology advancements, and industry best practices to inform procurement decisions, drive innovation, and achieve sustainability goals in capital projects.

Ensure continuity in the supply chain for critical capital assets, managing risk through contracts, performance bonds, insurance, and data-driven supplier selection decisions.

Collaborate with senior physician and administrative leaders to support strategic initiatives and projects related to capital sourcing and procurement, contributing to the organization's growth and success.

Collaborative with internal stakeholders to establish system standards and purchase contracts for medical equipment and FFE (furniture, fixtures and equipment).

Lead and mentor a team of procurement professionals, fostering a culture of diversity, equity, and inclusion, and providing opportunities for professional development and career advancement within the network.

Ensure responsibility and visible commitment of diversity equity and inclusion programs/initiatives through collaboration and implementation of initiatives across the health system.

Patient Population Not applicable to this position. Employment Qualifications Required

Education: Bachelor's degree in business administration, supply chain management, or a related field. Combination of education and experience may be considered in lieu of a degree. Preferred Education: Master’s degree

Licensure/Certification

Required:

N/A Licensure/Certification

Preferred:

N/A Minimum Qualifications Years and Type of Required

Experience 5 to 10 years of experience in sourcing and procurement in the healthcare setting, with a strong understanding of hospital and clinic operations. Other Knowledge, Skills and Abilities

Required: Proven track record in negotiation, vendor management, financial acumen, and maximizing safety in capital projects. Familiarity with procurement technology and software platforms, such as enterprise resource planning systems, sourcing and contract life-cycle management systems, and benchmarking applications. Excellent communication, leadership, and collaboration skills, with the ability to work effectively with cross-functional teams and senior leadership. A strong understanding of the importance of physician and clinician relationships. Continuous learning mindset, with a commitment to professional development and staying updated on industry trends and best practices. Cultural

Responsiveness Demonstrate a commitment to diversity, equity, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias.

Working Conditions

Periods of high stress and fluctuating workloads may occur. General office environment. Long-distance or air travel as needed- not to exceed 10% travel. May be exposed to limited hazardous substances or body fluids. * May be exposed to human blood and other potentially infectious materials. * May have periods of constant interruptions. * Individuals in this position are required to exercise universal precautions, use personal protective equipment and devices, and learn the policies concerning infection control. Physical Requirements Physical Demands: Lifting/ Carrying (0-50 lbs.), Push/ Pull (0-50 lbs.), Climbing, Balance, Bending Work Position: Sitting, Walking, Standing Additional Physical Requirements/ Hazards Physical Requirements: Hear

alarms/telephone/tape

recorder, Repetitive arm/hand movements, Finger Dexterity Hazards: Mental/Sensory –Emotional Mental / Sensory: Strong Recall, Reasoning, Problem Solving, Hearing, Speak Clearly, Write Legibly, Reading, Logical Thinking Emotional: Fast pace environment, Able to Handle Multiple Priorities, Frequent and Intense Customer Interactions, Able to Adapt to Frequent Change EEO

Employer/Disabled/Protected

Veteran/41 CFR 60-1.4.

About Us

Who We Are

Inventing better care, day by day by discovery

Sound outrageous? It absolutely is. Sound impossible? That’s never stopped us before. Sound like hard work, intense research, collaboration with experts around the world, sheer brainpower meets unrelenting willpower? That’s. Exactly. Right.

We’ll do whatever it takes to offer the best in care and empower the best in quality of life. And it’s an approach that works — whether it’s a patient who undergoes a new, life-saving procedure or a clinical researcher who finds promise in a new cancer treatment, exciting new medicine is happening at VCU Health.

We have it all: • One college and four health sciences schools • An academic medical center • A Level I trauma center • One of only two NCI-designated cancer centers in Virginia • The region’s only full-service children’s hospital • More than 800 physicians in 200 specialties • With a community health center, dedicated research teams, facilities and valued partners in every field

Our medical teams are top notch. And we’re not too shy to boast of internationally known physicians, some recognized as the best in the country, top-ranked local specialists and all-around all-stars at every level. From our very first years to our most recent advancements, we are driven to learn more, dig deeper, teach passionately and never rest in order to be a true leader in discovering what’s possible in health and recovery. We are a comprehensive system of care and a pioneer of health. Read VCU Health Year In Review for more about our accomplishments.

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