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Category Management Analyst

Blue Cross and Blue Shield of North Carolina
Durham, NC Full Time
POSTED ON 9/25/2023 CLOSED ON 10/9/2023

What are the responsibilities and job description for the Category Management Analyst position at Blue Cross and Blue Shield of North Carolina?

The Category Management Analyst is responsible for providing support to the Enterprise Category Management process. This includes assisting with strategic planning, vendor evaluation and relationship management, ongoing delivery tracking, and contract management across the Category Management function. Supports Category Management effectiveness by coordinating work performed across Corporate Services and business areas and other stakeholders in the category management process.

Provide process guidance to business areas and maintain a library for BCBSNC’s sourcing governance processes, procedures and artifacts.

Assist in the identification of sourcing opportunities, with a focus on key sourcing levers (i.e., cost savings, enhancements in quality, customer service, speed to market, capacity growth).

Provide analytical support for sourcing activities by performing spend analysis, feasibility analysis, cost/benefit analysis, and process analysis.

Apply standardized and rigorous approach to financial analysis related to procurement such as financial modeling for bid analysis, cost saving methodology, lease vs. buy model, and total cost of ownership model development.

Provide data, analysis and reports for review meetings with key suppliers and senior level stakeholders and provide input on performance and future needs/strategic planning.

Deliver quantifiable information to measure the achievement of value in vendor relationships through standard reporting; measure vendor performance against contract SLAs and expectations; initiate corrective action; determine if projected cost savings are achieved as defined in the business case.

Assist in problem resolution and supplier relationship management for high profile vendor relationships.

Collaborate effectively with Corporate Compliance, Legal, Audit and Risk Management and other internal stakeholders for compliance activities to ensure regulatory conditions are met.

Hiring Requirements

Bachelor’s degree

1 year contract administration, vendor management and/or sourcing experience.

Salary : $70,600 - $89,400

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