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Strategic Sourcing Manager
1 month ago
The Strategic Sourcing Manager reflects the mission, vision, and values of Northwestern Memorial Healthcare, adheres to the organization's Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines, and all other regulatory and accreditation standards.
Key Responsibilities- Consults with end users throughout Northwestern Memorial Healthcare in identifying, analyzing, and facilitating implementation of expense reduction initiatives tied to medical-surgical products, pharmaceuticals, equipment, and services.
- Facilitates the procurement of medical-surgical products, equipment, and services for Northwestern Memorial Healthcare in collaboration with internal stakeholders, Supply Chain Management, and third-party vendors.
- Coordinates and conducts Competitive Market Assessment (CMA), Request for Proposal (RFP), and financial negotiations with vendors per Northwestern Memorial Healthcare policies and procedures.
- Responsible for negotiation of key business terms related to savings and contracting initiatives, ongoing portfolio maintenance, contract arrangements, and monitoring of vendor contract compliance.
- Supports clinical specialty committees focused on product introductions, value analysis, and utilization review consistent with Northwestern Memorial Healthcare policies and procedures.
- Manages the overall medical-surgical product, equipment, and services portfolios for various clinical and non-clinical disciplines across Northwestern Memorial Healthcare, including regular utilization review, spend analysis, product introductions, and trials.
- Facilitates the use of clinical outcome data to support the selection and ongoing use of selected products.
- Develops qualitative/quantitative analyses, methodologies, and reporting platforms for product utilization and cost reduction efforts.
- Tracks identified and implemented cost savings and audits projected utilization and actual spend.
- Participates in developing new programs, training efforts, product trials, departmental or organization goals, and projects.
- Identifies and supports product standardization initiatives across Northwestern Memorial Healthcare that align with quality/safety/financial goals.
- Bachelor's degree.
- 3-5 years of relevant experience.
- Understanding of financial analysis and quantitative/qualitative assessment data.
- Advanced skills in spreadsheet, word, and presentation computer applications (PowerPoint).
- Consulting or group presentation skills.
- Ability to organize workload and set priorities.
- Strong communication skills, negotiating skills a plus.
- Deliver presentations to a variety of audiences at various levels.
- Demonstrated ability to facilitate change and achieve savings goals.
- Master's degree in Business Administration, Nursing, Health Care Management, or other healthcare-related fields.
