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Corporate Director of Strategic Sourcing

2 months ago

Plano, Texas, United States Community Hospital Corporation Full time
Job Summary

We are seeking a highly skilled and experienced Corporate Director of Custom Contracting to join our team at Community Hospital Corporation. This is an exciting opportunity to drive cost reduction and operational efficiency through the development and execution of best-in-class contracting strategies.

Key Responsibilities
  • Strategic Planning and Execution
    • Develop and implement comprehensive sourcing strategies aligned with organizational goals.
    • Conduct market analysis and identify cost-saving opportunities.
    • Build and maintain strong relationships with suppliers.
    • Develop negotiation strategies and lead contract negotiations.
  • Contract Management
    • Oversee the entire contract lifecycle, from creation to termination.
    • Ensure contract compliance and risk mitigation.
    • Manage contract portfolio performance and identify optimization opportunities.
    • Implement contract changes and amendments as needed.
  • Data Analysis and Reporting
    • Analyze procurement data to identify trends and cost-saving opportunities.
    • Develop and present performance metrics to stakeholders.
    • Conduct cost-benefit analysis for sourcing initiatives.
    • Track and report cost savings.
  • Project Management
    • Lead cross-functional sourcing projects from initiation to completion.
    • Manage project timelines, budgets, and resources.
    • Ensure successful project delivery and stakeholder satisfaction.
  • Team Leadership and Development
    • Provide leadership and mentorship to sourcing team members.
    • Develop and implement sourcing processes and best practices.
    • Build a high-performing sourcing team culture.
  • Stakeholder Management
    • Build and maintain strong relationships with internal stakeholders.
    • Communicate effectively with stakeholders at all levels of the organization.
    • Align 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.
    • Proven track record of achieving cost savings through contract negotiations.
    • Strong analytical and problem-solving skills.
    • Excellent communication and interpersonal skills.
    • Proficiency in Microsoft Office Suite and contract management software.
    • Healthcare industry experience required.
    • Ability to travel as needed.
  • 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.
    Benefits
    • We offer a comprehensive health and welfare benefits package, including paid fitness facility membership, tuition reimbursement, a generous PTO allowance, and a great company culture.
    • Our benefits package includes:
      • Health Care Plan (Medical, Dental & Vision)
      • Retirement Plan (401k, IRA)
      • Life Insurance (Basic, Voluntary & AD&D)
      • Paid Time Off (Vacation, Sick & Public Holidays)
      • Wellness Resources and other benefits