< data-end="519" data-start="497">Position Overview
We are seeking an experienced Strategic Sourcing Manager with 7+ years of sourcing, procurement, category management, and contract negotiation experience, preferably within the Healthcare Insurance industry.
The ideal candidate will have strong experience managing healthcare services and/or pharmacy-related spend categories, leading complex sourcing initiatives, negotiating strategic contracts, developing category strategies, and managing relationships with internal stakeholders and suppliers.
This role will be responsible for delivering best-in-class strategic sourcing, contract management, negotiation, cost savings, supplier performance, and risk mitigation across complex indirect spend categories.
< data-end="1274" data-start="1249">Key Responsibilities
- Develop and execute strategic sourcing and category management strategies for assigned spend categories.
- Lead complex sourcing initiatives from strategy development through contract execution.
- Manage the complete 7-step strategic sourcing process, including category strategy, RFx events, supplier evaluation, negotiations, and contract management.
- Lead sourcing events involving professional services, healthcare services, pharmacy, and other indirect categories.
- Analyze spend, market conditions, supplier capabilities, geographic considerations, and business requirements.
- Negotiate complex contracts, pricing, terms, conditions, and Statements of Work (SOWs).
- Drive cost savings and optimize total cost of ownership while maintaining quality and service levels.
- Prepare contract summaries and business cases for executive review and approval.
- Build and maintain strong relationships with strategic suppliers and internal business stakeholders.
- Partner with Supplier Relationship Management teams to resolve supplier issues and improve supplier performance.
- Identify, qualify, and onboard strategic suppliers for critical business services.
- Manage supplier sourcing, onboarding, offboarding, performance, and development activities.
- Ensure contracts and sourcing activities comply with applicable laws, regulations, governance requirements, and industry standards.
- Identify opportunities for contract optimization, savings, process improvement, and risk mitigation.
- Lead cross-functional teams and influence decisions across multiple departments.
- Develop and maintain category-specific market and supplier expertise.
- Drive continuous improvement across procurement, sourcing, and contracting processes.
< data-end="3057" data-start="3020">Required Skills & Qualifications
- 7+ years of strategic sourcing, procurement, category management, or contract management experience.
- Strong Healthcare Insurance domain experience.
- Experience with Healthcare Services and/or Pharmacy categories strongly preferred.
- Strong understanding of indirect sourcing and procurement.
- Experience with professional services and/or business process outsourcing categories.
- Hands-on experience with the 7-step strategic sourcing process.
- Strong experience managing RFx/RFP/RFQ sourcing events.
- Proven contract negotiation and supplier management experience.
- Strong knowledge of sourcing and contracting principles, regulations, and industry standards.
- Experience developing category strategies and sourcing roadmaps.
- Strong spend analysis, financial modeling, and business case development skills.
- Ability to translate complex data and analysis into actionable business recommendations.
- Strong project management and organizational skills.
- Demonstrated ability to lead complex, multi-departmental sourcing initiatives.
- Strong stakeholder management, communication, and influencing skills.
- Advanced negotiation, problem-solving, conflict-resolution, and risk-management skills.
- Ability to influence senior leadership and drive cross-functional decisions.
- Strong leadership and change-management capabilities.
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