Senior Sourcing Executive

Company: Vizient, Inc
Location: Oklahoma City
Posted on: January 24, 2023

Job Description:

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. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance now and in the future.Summary: In this role, you will provide strategic contracting and sourcing expertise that results in system wide cost savings. - -You will develop customized contract strategy recommendations for more complex contracting needs (e.g., physician preference, clinical preference, purchase services, capital) to reduce spend, improve operational efficiencies, maximize delivered value and ultimately achieve a higher level of member satisfaction.Responsibilities:

• Effectively work with the -surgical/ medical teams to provide contracting support for cost savings projects.
• Possess excellent knowledge of the negotiation process for both price and terms for purchases.
• Work independently with legal team to develop language, draft contracts and negotiate terms and conditions of complex contracts (e.g., physician preference, clinical preference, purchase services, capital). -
• Manage requests for proposal (RFP), bids, awards and negotiations. -
• Recommend and improve existing agreements by interpreting financial analysis and market trends to formulate contract strategy recommendations.
• Evaluate client spend data to prioritize implementation of contracts based on highest savings opportunities, and present a plan of priority to clients.
• Ensure contract compliance and conduct ongoing price monitoring to ensure relevant pricing. -
• Develop and ensure appropriate timelines are followed to meet necessary deadlines based on workflow system/bid calendar.
• Maintain strong business relationships with internal and external stakeholders.Qualifications:
  • Relevant degree preferred.
  • 5 or more years' relevant experience in a health care sourcing/procurement -role required.
  • Contract negotiations experience required.
  • Ability to present complex information in a summary fashion utilizing Microsoft tools required.
  • Must possess strong relationship building and strategic partnering skills.
  • Prior experience understanding and conducting financial analysis and quantitative/qualitative assessment of data desired.#LI-TR#IDSEstimated Hiring Range:$71,200.00 - $116,800.00This position is also incentive eligible.Vizient has a comprehensive benefits plan! Please view our benefits here:Equal Opportunity Employer: - Females/Minorities/Veterans/Individuals with DisabilitiesThe 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.

Keywords: Vizient, Inc, Oklahoma City , Senior Sourcing Executive, Other , Oklahoma City, Oklahoma