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Geisinger · 16 hours ago

Strategic Sourcing Specialist III

Danville, PA

Full-time

Onsite

Mid Level

4+ years exp

Geisinger is a healthcare organization that is seeking a Strategic Sourcing Specialist III to work independently and strategically on supply chain optimization. The role involves collaborating with clinical and operational leadership to enhance product selection and utilization while ensuring accurate pricing and timely delivery of services.

Health CareHospitalMedical

Responsibilities

With a keen understanding of key business and market drivers, conducts advanced analytics and scenario-based outcome assessments to best inform business operations as to potential Total Cost of Ownership impact a category change may result in

Optimizes product and service expense and pricing and action the pipeline assigned to generate value opportunities through supply market analysis, value analysis, benchmarking, and utilization assessment

Conducts competitive analysis and bidding, independently develops, and executes negotiation strategies with suppliers and implements required contractual agreements for assigned product and service categories

Evaluates all contractual agreements, proposals, and negotiates commercial terms, inclusive of business risk and adherence to guidelines established

Post contract execution monitoring assigned portfolio expenses to ensure category/contract compliance, where applicable, enacting a semi-annual pipeline of savings of opportunities based on renegotiation, Request for Proposal, consolidation of current spends, assisting customers with procurement of non-savings related needs, adoption of best-in-class technology to perform contract management, e-sourcing, etc

Ensures accuracy, data integrity, and validity in all work

Performs in depth analysis on each assigned request to ensure all financial comparisons are accurate and thorough so that a comprehensive value-based decision can be made by the business

Facilitate Value Analysis meetings, as required

Independently develops complex bid solicitations, proposal review and vendor negotiations to optimize contractual terms including, but not limited to pricing

Ensures all bidding activity within the category is conducted in an open, fair and transparent procurement process (may include RFI, RFP, etc.) that delivers best value with integrity and meets all ethical standards

Demonstrates the ability to independently persuade, influence and negotiate multi-million-dollar contracts with vendor(s) to meet the organization’s strategic objectives

Identifies stakeholders, suppliers, team members and other vendor organizations and builds and maintains the appropriate relationship in alignment with a segmented supply strategy and builds a supplier performance management process

Adheres to a disciplined application of standard work including standard operating procedures, tools, etc. to achieve objectives and final deliverables within a finite timescale and budget

Qualification

Supply chain managementContract negotiationCost analysisVendor managementData analysisTeam collaborationCommunication skillsProblem-solving

Required

Bachelor's Degree- (Required)

Minimum of 4 years-Related work experience (Required)

Benefits

We offer healthcare benefits for full time and part time positions from day one, including vision, dental and domestic partners.

Company

Geisinger

Glassdoor3.5

Geisinger is a health and wellness organization that offers orthopaedic, weight-management, and heart care services. It is a sub-organization of Risant Health.

Founded in 1915

Danville, Pennsylvania, USA

10001+ employees