Sourcing Executive

When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

In this role, you will be a lead strategic sourcing resource, dedicated to delivering best in class contracting strategies and expertise that result in supply chain cost reductions.  You will accomplish this by contributing to aspects of supply chain strategic sourcing processes including contract strategy building, contract development, negotiations, communications and documentation. You will develop a customer-specific contract strategy to reduce spending and craft savings solutions, improve operational efficiencies, maximize delivered value and ultimately achieve a higher level of member satisfaction by becoming a trusted advisor.

Responsibilities:

• Conduct thorough market research and apply insights to support contract strategy.
• Administer new and existing contracts through the full lifecycle.
• Independently lead negotiation calls, build consensus among members, suppliers, and internal stakeholders, and achieve favorable terms while maintaining best price.
• Draft, redline, and craft complex contract language, incorporating business requirements clearly and effectively.
• Collaborate with Service Line Director and business stakeholder to define negotiation objectives, draft/redline contract language, and align strategy to member needs.
• Work independently with minimal supervision while managing multiple priorities in a fast-paced, dynamic environment.
• Communicate recommendations, successes, and challenges to stakeholders, while developing and maintaining strong internal and external relationships.
• Formulate a clear negotiation strategy, articulate action steps, and drive execution to achieve defined objectives.

Qualifications:

• Relevant degree preferred in business, supply chain, healthcare administration, legal studies, or a related field preferred; advanced degree a plus.
• 2 or more years of relevant experience in contracting, contract management, paralegal, or supply chain-related roles required.
• Healthcare contracting experience preferred.
• Demonstrate success in leading contract negotiations and securing favorable outcomes while balancing member, supplier, and organizational interests.
•  Show proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and distill complex information into clear, actionable summaries and presentations.
• Develop and maintain strong working relationships with internal stakeholders and external partners, emphasizing collaboration and strategic partnering.
• Exhibit excellent written and verbal communication skills, drafting and redlining complex contract language, and conveying key information to diverse audiences.
• Ability to work independently, manage multiple priorities, and deliver high-quality results in a fast-paced, dynamic environment.
• Willingness to travel.

Estimated Hiring Range:

At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $135,400.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan Please view our benefits here:

Equal Opportunity Employer:   Females/Minorities/Veterans/Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

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