Contracting Operations Manager
7 days ago
**Job Summary**
Community Hospital Corporation (CHC) is seeking a highly skilled Strategic Sourcing Director to join our team. This is an exciting opportunity to drive cost reduction and operational efficiency through the development and execution of best-in-class contracting strategies.
About the Role
The Strategic Sourcing Director will be responsible for transitioning facility contracts to HealthTrust, creating group agreements where possible, optimizing contract portfolios, and building strong relationships with suppliers and internal stakeholders. The ability to analyze data, conduct negotiations, and influence decision-making will be crucial in achieving significant cost savings and delivering exceptional value to the organization.
Key Responsibilities
- Strategic Planning and Execution
- Developing and implementing comprehensive sourcing strategies aligned with organizational goals.
- Conducting market analysis and identifying cost-saving opportunities.
- Building and maintaining strong relationships with suppliers.
- Developing negotiation strategies and leading contract negotiations.
- Contract Management
- Overseeing the entire contract lifecycle, from creation to termination.
- Ensuring contract compliance and risk mitigation.
- Managing contract portfolio performance and identifying optimization opportunities.
- Implementing contract changes and amendments as needed.
- Data Analysis and Reporting
- Analyzing procurement data to identify trends and cost-saving opportunities.
- Developing and presenting performance metrics to stakeholders.
- Conducting cost-benefit analysis for sourcing initiatives.
- Track and report cost savings.
- Project Management
- Leading cross-functional sourcing projects from initiation to completion.
- Managing project timelines, budgets, and resources.
- Ensuring successful project delivery and stakeholder satisfaction.
- Team Leadership and Development
- Providing leadership and mentorship to sourcing team members.
- Developing and implementing sourcing processes and best practices.
- Building a high-performing sourcing team culture.
- Stakeholder Management
- Building and maintaining strong relationships with internal stakeholders.
- Communicating effectively with stakeholders at all levels of the organization.
- Aligning sourcing initiatives with business objectives.
Requirements
- Education/Experience
- Bachelor's degree required.
- Minimum of 5-7 years of experience in strategic sourcing, contract management, or supply chain.
- GPO experience preferred.
- Skills and Knowledge
- Hard Skills
- Strategic Thinking: Ability to analyze market trends, identify opportunities, and develop long-term sourcing strategies.
- Financial Acumen: Strong understanding of financial analysis, budgeting, and cost-benefit analysis.
- Contract Negotiation: Expert negotiation skills to achieve favorable terms and conditions.
- Data Analysis: Proficiency in using data analytics tools to identify cost-saving opportunities and measure performance.
- Project Management: Ability to manage complex sourcing projects from initiation to completion.
- Procurement Systems: Knowledge of procurement software and systems.
- Risk Management: Understanding of supply chain risks and ability to develop mitigation strategies.
- Soft Skills
- Communication: Excellent verbal and written communication skills to interact with various stakeholders.
- Interpersonal Skills: Strong relationship-building skills with suppliers and internal customers.
- Influencing: Ability to influence decision-makers and gain support for sourcing initiatives.
- Problem-Solving: Strong analytical and problem-solving skills to address complex sourcing challenges.
- Leadership: Ability to lead and motivate a team.
- Knowledge
- Procurement and Supply Chain Management: In-depth understanding of healthcare procurement processes, supply chain principles, and industry best practices.
- Category Management: Knowledge of different product and service categories and their market dynamics.
- Industry Knowledge: Understanding of the specific industry and its procurement landscape.
- Legal and Regulatory Compliance: Awareness of relevant laws and regulations affecting procurement.
- Hard Skills
Benefits
At CHC, we offer a comprehensive benefits package, including health care, retirement, and paid time off. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
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