Strategic Sourcing Manager
3 weeks ago
As a Strategic Sourcing Manager at the University of Maryland Medical System, you will play a critical role in supporting Physician Preference contracting. This position involves providing leadership, coordination, and administration for a portfolio of medical and surgical contracts, programs, and services. Your primary responsibility will be to negotiate and implement purchase agreements that encompass all aspects of medical and surgical group purchasing, including contracting for equipment, supplies, pharmaceuticals, lab reagents, equipment service, contracted services, and related distribution and general services. Your focus will be on maximizing quality and service while achieving standardization, cost control, and performance improvement. You will directly supervise and assign tasks to contract specialists in the completion of contract requests and provide management reports and analysis of the information processed through the procurement system.
Key Responsibilities
• Manage corporate contracts assigned to your respective commodity group.
• Interact at a high level within UMMS and the supplier community.
• Manage contract personnel assigned to your commodity group.
• Manage, lead, and/or facilitate corporate or any major supply, service, or capital initiatives.
• Lead contract negotiations for all supplier contracts.
• Provide consultative services to UMMS' personnel regarding any aspect of supply chain management and strategic sourcing.
• Prepare Infor Build and Corporate Contract Summary for upload into Infor Contract Management System for your commodity group within System Contracting and Clinical Capital Contracting.
• Manage contracts assigned to your commodity group to ensure UMMS compliance, vendor compliance, price competitiveness, utilization, and market trends.
• Assist in the development of management cost reporting of expenses, corporate savings programs, and recommendations for further 'cost cutting' opportunities.
• Attend appropriate meetings and serve on teams as directed.
Qualifications
• Bachelor's Degree from an accredited college or university in a Business Administration or related discipline, or equivalent experience is required. Significant experience sufficient to develop equivalent business knowledge and skills may be considered in lieu of this requirement.
• Five years of experience in a progressively responsible professional purchasing and/or contracting environment.
• Demonstrated ability to work with professional, multi-disciplinary teams as a group leader as well as a participant.
• Highly effective supervisory skills necessary to train, motivate, and monitor a staff working on complex issues.
• Demonstrated experience in complex contract negotiations.
• Strong verbal and written communication skills.
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