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Atrium Health · 2 hours ago

Strategic Sourcing Analyst Senior

Charlotte, NC

Full-time

Hybrid

Senior Level

$37.50/hr - $56.25/hr

5+ years exp

Atrium Health is a leading nonprofit, integrated health system in the United States, and they are seeking a Strategic Sourcing Analyst Senior. This role involves developing and executing sourcing strategies, managing supplier relationships, and optimizing costs while supporting the overall strategic plan of Advocate Health.

Health CareHospital

Responsibilities

Strategy Development: supports strategic sourcing best practices for enterprise across assigned categories. Supports sourcing strategies such as analyzing market fundamentals, industry data, price benchmarks, cost drivers and trends, key cost variances, and economic forecasting in assigned categories. Categorizes and analyzes spend categories and assesses market and sourcing options to prioritizing areas for maximizing value and cost synergies

Sourcing Process Management: assist with the end-to-end sourcing process, including supplier identification, qualification, selection, negotiation, and contracting. Ensure compliance with relevant policies, procedures, and regulations. Assist in strategies to bring non-contracted products and services under contract, assuring best contract coverage for assigned categories. Consults with Legal on contractual issues concerning proper legal terms and conditions. Ensuring all other relevant departments’ evaluations of contracts are triggered (IT, Data Security, etc.) which can vary by contract type

Cost Optimization: Supports and executes cost-saving opportunities through comprehensive analysis of utilization, pricing, and contracting. Collaboratively works with sourcing leaders and others to enable favorable negotiations on pricing, terms, and conditions with suppliers. Aids in cost containment strategies, such as standardization, utilization controls, and value-based purchasing. Assists in the attainment of maximum savings in total delivered cost of supplies, pharmaceuticals, services, and equipment in assigned categories

Supplier Relationship Management: Supports strong relationships with suppliers and supports supply chain-supplier relationships in assigned categories. Monitor supplier performance, support supplier evaluations, and drive continuous improvement initiatives. Collaborate with cross-functional teams to address supplier-related issues and ensure timely resolution

Cross-functional Collaboration: Work closely with sourcing leaders and other relevant stakeholders to understand their needs and priorities. Support and aid in effective communication channels and engagement strategies to foster collaboration and support decision-making processes

Clinical Integration: Collaborate with sourcing leadership to ensure the seamless integration of value analysis. Support educational programs and materials to promote awareness and adoption of value-based approaches throughout enterprise

Data Analysis and Reporting: Assist in production of metrics and performance indicators to measure the impact of strategic sourcing initiatives on cost savings, quality improvement, and patient outcomes. Work with Sourcing Leadership and Analytics partners to analyze data to identify trends, monitor progress, and generate actionable insights. Prepare regular reports and presentations for leadership, highlighting key findings, achievements, and recommendations

Team Leadership: Serves as role model and mentor to Analyst, including developing and maintaining training documents for supply chain processes as defined by sourcing leaders. Assists with training as needed

Continuous Improvement: Stay updated on industry trends, emerging technologies, and best practices. Supports a culture of continuous improvement, leveraging data analytics, technology tools, and industry collaborations to enhance the strategic sourcing process and drive ongoing improvement in patient care delivery

Risk Management: Supports risk mitigation associated with the sourcing process, including supply chain disruptions, quality issues, regulatory compliance, and geopolitical factors related to assigned categories. Aids in contingency plans to minimize potential impact on the organization

Assists in developing Requests for Proposal (RFP), Request for Information (RFI), and Invitations for Bid (IFB) in accordance with directives and program requirements

Ensures contracting process engages end-users to define service and product attributes through facilitated pre-contracting initiatives

Supports a rolling three-year plan for supplies, implants, pharmaceuticals, purchased services, and capital categories as assigned

Qualification

Strategic sourcingContract negotiationData analysisHealthcare supply chainInventory managementAnalytical skillsCommunication skillsProblem-solvingTeam leadership

Required

Typically requires 5 years of demonstrated, progressive work experience in healthcare supply chain/procurement

Knowledge in system-wide purchasing strategies, processes, and programs which support a service focused, cost effective, and centralized model

Demonstrated successful contract negotiation skills and ability to establish and administer complex contracts for products and services

Sound knowledge of inventory management and related accounting processes

Extensive knowledge of analytical/mathematical/statistical methods, data analysis and presentation

Interchange and internet-based procurement transaction processes knowledge with exposure to broader issues such as Continuous Replenishment Processes or Vendor Managed Inventories

Skills developing strategic and tactical plans to meet business objectives in a large healthcare system

Knowledge of contract law and related legal and financial policies

Excellent communication skills necessary to communicate effectively with senior administrators, department leaders, physicians, vendors, and clinical staff to support Advocate Health's acquisition goals

Knowledge of healthcare accreditation standards (i.e. DNV, JCAHO), Occupational Safety and Health Administration, and National Fire Protection Organization requirements

Excellent analytical, quantitative, and qualitative skills

Ability to identify and solve problems creatively, to work within deadlines with a high attention to detail and to work independently in a fast paced, dynamic environment

Experience in working with and implementing large-scale automated systems