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Duke University · 2 days ago

Sourcing Manager

Durham, NC, US, 27710

Full-time

Hybrid

Senior Level

5+ years exp

Duke University is committed to compassionate care and is seeking a Sourcing Manager to enhance procurement processes. The role involves negotiating contracts, managing supplier relationships, and ensuring compliance with regulations to optimize procurement strategies and cost savings.

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Responsibilities

Negotiate contracts with suppliers; evaluate bids and proposals and make award decisions; review and interpret vendor contracts for accuracy and completeness

Manage contracts with suppliers to ensure supplier compliance; analyze supplier change requests to existing contracts and approve changes or revisions

Participate on procurement sourcing teams for the research, bid, and contract management of supplies and services

Participate in strategic planning to target future cost savings with the appropriate commodity

Track markets to anticipate customer needs, changes to those needs, and the impact on existing contracts or the development of future contracts; monitor inflation and its impact on forecasting

Evaluate supplier performance through a review of reports and customer feedback; resolve issues and implement solutions to address negative supplier performance

Act as a liaison between the university and subcontractors to implement fulfillment of contracts

Facilitate the resolution of disputes with suppliers to ensure optimal customer satisfaction

Coordinate the integration of new suppliers into the procurement system

Create and review reports showing the status of contract activity

Ensure compliance with federal, state, and local laws

Qualification

Strategic SourcingSAPContract ManagementNegotiationData AnalysisRFP PreparationProcurement ProcessCustomer ServiceInterpersonal SkillsCommunication SkillsProblem-SolvingProject Management

Required

Completion of a Bachelor's degree in Business Administration, Accounting, or a business-related field

Five years of progressively responsible contract administration/procurement-related experience

Proven experience in strategic sourcing, particularly for capital and construction-related materials and services

Extensive prior negotiation experience with a track record of achieving favorable terms and cost savings

Strong ability to interpret and review complex contracts to ensure legal compliance and mitigate risk (including the ability to read, redline, and interpret complex legal language)

Expertise in preparing, issuing, and evaluating Requests for Proposal (RFPs)

Advanced proficiency with SAP, specifically for data searching, entry, and financial analysis

Strong data digging and analytical skills to identify trends, analyze spending, and forecast market impacts

Expertise in PC Word Processing, Spreadsheet (e.g., Microsoft Excel), and Database Management software for reporting and analysis

Exceptional interpersonal and communication skills for effective collaboration and conflict resolution

Ability to confidently engage with key stakeholders, including hospital CFOs, service line leaders, and surgeons, to understand their needs and align procurement strategies with organizational goals

Strong customer service orientation to address customer needs and resolve supplier disputes effectively

Deep knowledge of the procurement process, including the full procure-to-pay lifecycle

Experience working with a Group Purchasing Organization (GPO) to leverage buying power and secure favorable contracts

Ability to manage multiple contracts and projects simultaneously, ensuring compliance and timely execution

Strong problem-solving skills to manage supplier issues and faulty data, ensuring seamless operations