Franciscan Missionaries of Our Lady University · 8 hours ago
Strategic Sourcing and Value Analysis Program Manager
Franciscan Missionaries of Our Lady University is seeking a Strategic Sourcing and Value Analysis Program Manager responsible for driving the best triple aim value for supplies and services. This role involves leading change with stakeholders, negotiating with vendors, and managing contract performance to optimize patient experience, quality outcomes, and total cost.
EducationHealth CareHigher EducationMedicalUniversities
Responsibilities
Drive best value for supplies and purchased services
Explicitly consider and optimize the triple aim goals of improved patient experience, improved quality outcomes, and reduced total cost
Pursue standardization to reduce variation and drive value
Monitor and maintain/improve GPO contract compliance to deliver sustainable value over time
Respond to market, supply, and service disruption by engaging end users and suppliers for acceptable alternate products and services
Lead change in the product/service category
Lead system-wide value analysis team(s) in the area of expertise
Engage and lead organization (senior leaders, physicians, clinicians, department leaders) through a structured product evaluation and conversion process by collaborating with the various stakeholders
Own subject matter area contract portfolio performance
Responsible lifecycle of contracts in the subject matter area
Initiation, implementation including Oracle item management, and timely renewal or termination
Contract monitoring to ensure value is realized
Conduct business reviews with key vendors to ensure both goal alignment and vendor performance
Actively negotiate with vendors
Understand, engage, and align internal stakeholders in preparation of vendor negotiation
Identify best alternative(s) to a negotiation agreement (BATNA) prior to negotiation to establish both boundaries and options
Use both internal and external benchmarking (where available) to drive data driven negotiations
Qualification
Required
5 years Strategic sourcing, procurement, value analysis, or project/program management
Bachelor's Degree OR combination of education and relevant experience (4 additional years if only HS Diploma)
Company
Franciscan Missionaries of Our Lady University
Franciscan Missionaries of Our Lady University is a non-profit university offering higher educational services in healthcare sciences.
Funding
Current Stage
Early StageRecent News
2025-03-12
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