CareFirst BlueCross BlueShield · 2 weeks ago
Senior Sourcing Associate (Remote)
CareFirst BlueCross BlueShield is seeking a Senior Sourcing Associate to execute medium to complex sourcing projects. The role involves rationalizing the supply base through strategic sourcing, leading cross-functional teams, and identifying cost savings opportunities across the company.
Health CareNon ProfitService Industry
Responsibilities
Provides sourcing services (RFx, reverse auctions, negotiations) to clients based on predefined service levels, managing 5-12 simple to complex projects simultaneously with limited supervision/guidance or independently
Executes sourcing strategy by leading formal sourcing processes including stakeholder engagement, RFP processes and contract negotiations
Assists in the development of category sourcing strategy leading cross-functional teams to execute the sourcing strategy
Partners with customer groups to establish specifications for assigned commodity categories
Perform market analysis, benchmark analysis and spend analysis for assigned commodity categories
Assists in ensuring realized savings ties back to departmental and/or customer budgets
Maintains and supports expenditure controls and alignment with the company's and departments budget and fiduciary requirements
Supports and improves supply base development programs (e.g., supplier diversity, local economic development, green sustainability programs)
Ensures compliance with operational requirements, internal controls and regulations
Establishes optimal buying channel/ordering process aligned to category strategy utilizing technology aligned with overall procurement strategy
Partners with business units and legal team in the negotiation of contracts and agreements, including Master Services Agreements (MSAs), Statements of Work (SOWs) and Service Level Agreements (SLAs)
Assists and consults with the business partners to create Service Level Agreements to effectively measure and manage supplier performance
Assists in the development of commercial strategies for sourcing to meet present and future supply requirements by applying advanced knowledge of purchasing principles, contract law, and commodities
Continually searches out new sourcing opportunities to implement as needed to maintain competitive advantage
Assists in the development and management of the corporate wide, programs, policies, and procedures that support the Company Supplier Diversity strategy
Qualification
Required
Bachelor's Degree in Business Administration or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience
5 years strategic sourcing experience
Ability to work with cross-functional teams
Ability to negotiate internally and externally to achieve required objectives and executes and implement contracts
Strong customer focus and ability to drive change
Knowledge of sourcing systems and preferable e-sourcing technology
Ability to extract data and summarize key elements to focus on
Knowledge of contract law, government policies and regulations for the food and drug industry
Strong meeting management and facilitation skills, while being self-motivated
Effective presentation and analytical skills to interface with multiple levels of management
Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence
Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging
Must be eligible to work in the U.S. without Sponsorship
Preferred
Certified Purchasing Manager (C.P.M)
Ability to track technology trends
Knowledge of the FAR
Knowledge of Ariba or similar procurement automation tools
Demonstrated Success in leading project teams to achieving quantifiable savings by applying sourcing methods
Benefits
Comprehensive benefits package
Various incentive programs/plans
401k contribution programs/plans
Company
CareFirst BlueCross BlueShield
CareFirst. It’s not just our name. It’s our promise.
Funding
Current Stage
Late StageLeadership Team
Recent News
2025-10-02
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