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Children's Health · 7 hours ago

Supply Chn Val Anlys - Value Analysis Mgr

Irving, TX

Full-time

Onsite

Senior Level

5+ years exp

Children's Health is dedicated to improving children's health and well-being. The Value Analysis Manager is responsible for managing the value analysis process for a specific product portfolio, aiming to provide high quality and cost-effective products while achieving significant savings goals.

AssociationHealth CareHospitalMedical

Comp. & Benefits

Responsibilities

Leads a Value Analysis Team (VAT), project teams and general project management activity for specified portfolio (i.e. medical, surgical, non-medical)

Develops strategies and processes for reducing supply expense in relation to product, service and process consumption through standardization and utilization, using evidence based data, benchmarked best practices and data driven analysis

Identifies opportunities for product compression and increased product quality for improved patient outcomes and is responsible for presenting and evaluating those opportunities as well as implementing those that are approved

Gathers product or service information to support value analysis committees i.e. samples, data, white papers to help determine best practice for clinical and financial goals

Ensures that all product, service and process trials and evaluations are unbiased and conducted in a professional manner, as well as documenting results of the trials and communicating those results

Performs cost-benefit, cost-effectiveness, cost-minimization and cost-efficiency analysis, verifying accuracy and completeness of all cost analyses that may impact product, service and process related expenditures

Maintains record of documented cost savings and implemented process improvement initiatives achieved through value analysis process specific to their assigned portfolio

Collaborates with clinical and non-clinical leadership to communicate product changes, product recalls, product shortages and educational needs. Serves as the liaison between outside vendors and clinical and non-clinical staff

Consults with clinical and non-clinical leadership to facilitate new technology research and assessment, evaluations, cost impact analytics, and conversions to support utilization and/or standardization opportunities

Evaluates supplier and end user product performance through review of usage reports, business meetings and customer feedback; resolves issues and implements solutions to address negative performance

Conducts and participates in contract negotiations with vendor candidates, includes end users and clinical staff, to ensure appropriateness of criteria is inclusive and beneficial to the organization

Interacts with those directly involved with patient care to ensure appropriate feedback is received before product decisions are made

Qualification

Value Analysis ManagementHealthcare ExperienceCost AnalysisData AnalysisVendor ManagementProject ManagementClinical CertificationRelationship ManagementCommunication SkillsTeam Leadership