Vice President, Procurement and Vendor Strategy jobs in United States
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The Oncology Institute · 1 month ago

Vice President, Procurement and Vendor Strategy

The Oncology Institute is advancing oncology by delivering highly specialized, value-based cancer care in the community setting. The Vice President of Procurement and Vendor Strategy will lead the organization's procurement operations and vendor management strategy, ensuring cost-effective purchasing and optimizing vendor performance to deliver world-class care.

Health CareHealth DiagnosticsHome Health CareMedicalOncologyPsychology

Responsibilities

Develop and execute a comprehensive procurement and vendor strategy aligned with organizational goals
Lead cross-functional initiatives to optimize sourcing, reduce costs, and improve service delivery
Establish procurement policies, procedures, and governance frameworks
Oversee vendor selection, onboarding, performance evaluation, and relationship management
Negotiate contracts and service-level agreements (SLAs) to ensure favorable terms and risk mitigation
Implement vendor scorecards and continuous improvement programs
Manage centralized and decentralized purchasing functions across clinical, administrative, and IT departments
Ensure compliance with regulatory requirements (e.g., HIPAA, CMS, FDA) and ethical sourcing standards
Leverage data analytics to monitor spend, identify savings opportunities, and forecast procurement needs
Build and lead a high-performing procurement and vendor management team
Provide mentorship, training, and career development opportunities
Foster a culture of accountability, innovation, and collaboration
Evaluate and implement procurement technologies (e.g., ERP systems, e-sourcing platforms)
Drive digital transformation and automation in procurement processes
Collaborate with IT and finance to ensure system integration and data integrity

Qualification

Procurement strategyVendor managementContract negotiationSupply chain managementERP systemsProcurement analyticsHealthcare regulationsAnalytical skillsTeam developmentProcess improvementLeadership skillsCommunication skills

Required

Bachelor's degree in Business, Supply Chain Management, or related field
10+ years of progressive leadership experience in procurement, vendor management, or supply chain
Proven success in strategic sourcing, contract negotiation, and vendor performance management
Strong understanding of healthcare regulations and industry dynamics (if applicable)
Excellent communication, analytical, and leadership skills
Experience with ERP systems (e.g., SAP, Oracle) and procurement analytics tools

Preferred

Master's degree in Business, Supply Chain Management, or related field
Certified Professional in Supply Management (CPSM)
Certified Purchasing Professional (CPP)
Lean Six Sigma or similar process improvement credentials

Company

The Oncology Institute

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Founded in 2007, The Oncology Institute (NASDAQ: TOI) is advancing oncology by delivering highly specialized, value-based cancer care in the community setting.

Funding

Current Stage
Public Company
Total Funding
$291.5M
Key Investors
Deerfield
2025-03-24Post Ipo Equity· $16.5M
2021-11-15Post Ipo Equity· $275M
2021-11-15IPO

Leadership Team

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Daniel Virnich
Board Member
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Jeffrey Langsam
Chief Clinical Officer
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Company data provided by crunchbase