Demo

Sr Sourcing Executive

Vizient, Inc.
Oklahoma, OK Full Time
POSTED ON 2/18/2025
AVAILABLE BEFORE 5/1/2025

When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves . We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary :

In this role, you will be a senior strategic sourcing resource, providing best in class sourcing and contracting strategies focused on delivering and optimizing provider value. You will accomplish this by leading and facilitating all aspects of strategic sourcing processes including developing and executing a robust work plan and roadmap of opportunities, strategy building, contract development, negotiations, communications, documentation, and implementation. You will develop a provider-specific contract strategy to reduce spending and develop savings and service solutions, improve terms and conditions, identify new value propositions, maximize delivered value / operational efficiencies, and ultimately achieve a higher level of member satisfaction by becoming a trusted adviser.

Responsibilities :

  • Evaluate client spend data to prioritize implementation of contracts based on highest savings opportunities and present a work plan of priority to provider and Vizient teammates.
  • Collaborate with provider and Vizient colleagues to enhance existing Vizient national agreements and create custom agreements on behalf of the provider.
  • Conduct and interpret financial analysis, market trends, and consult with subject matter experts to formulate contract strategy recommendations.
  • Conduct ongoing price monitoring and contract maintenance utilizing Vizient analytical tools and external sources to review existing agreement market relevance and pricing for negotiations.
  • Work with provider and Vizient teammates to identify new savings and contracting opportunities.
  • Identify gaps in contracting portfolio to ensure realization of engagement value.
  • Conduct meetings and communicate opportunities, next steps, successes, and challenges to Vizient leadership and key provider stakeholders.
  • Develop, maintain, and mentor others to create strong relationships with suppliers, and internal and external customers across all product and service lines.
  • Lead the bid process and generate Request for Proposals (RFP's).
  • Based on provider input, work with suppliers on specific terms and conditions and pricing to achieve market relevant value.

Qualifications :

  • Relevant degree preferred.
  • 5 or more years of relevant experience required.
  • Clinical experience in Medical / Surgical supervision, operations, or education in a provider setting highly preferred.
  • Experience with contracts, vendors, and healthcare supply chain budget preferred.
  • Strong healthcare contracting background with experience in successful contract negotiations preferred.
  • Intermediate to expert experience with Excel and Docusign preferred. Experience with Oracle a plus.
  • Estimated Hiring Range :

    At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $88,900.00 to $155,500.00.

    This position is also incentive eligible.

    Vizient has a comprehensive benefits plan! Please view our benefits here :

    http : / / www.vizientinc.com / about-us / careers

    Equal Opportunity Employer : Females / Minorities / Veterans / Individuals with Disabilities

    The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

    Salary : $88,900 - $155,500

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Sr Sourcing Executive?

    Sign up to receive alerts about other jobs on the Sr Sourcing Executive career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $63,614 - $81,479
    Income Estimation: 
    $76,575 - $97,677
    Income Estimation: 
    $144,983 - $187,977
    Income Estimation: 
    $76,575 - $97,677
    Income Estimation: 
    $96,881 - $126,079
    Income Estimation: 
    $144,983 - $187,977
    Income Estimation: 
    $96,881 - $126,079
    Income Estimation: 
    $121,901 - $159,768
    Income Estimation: 
    $144,983 - $187,977
    Income Estimation: 
    $121,901 - $159,768
    Income Estimation: 
    $152,348 - $196,513
    Income Estimation: 
    $144,983 - $187,977
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Vizient, Inc.

    Vizient, Inc.
    Hired Organization Address Chicago, IL Full Time
    Senior Product Marketing Director page is loaded Senior Product Marketing Director Apply locations Chicago, IL 60607 tim...
    Vizient, Inc.
    Hired Organization Address Chicago, IL Full Time
    When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to cont...
    Vizient, Inc.
    Hired Organization Address Irving, TX Full Time
    When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to cont...
    Vizient, Inc.
    Hired Organization Address Irving, TX Full Time
    When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to cont...

    Not the job you're looking for? Here are some other Sr Sourcing Executive jobs in the Oklahoma, OK area that may be a better fit.

    Sourcing Sales Executive

    American Express Global Business Travel, Oklahoma, OK

    Sr. Sales Executive

    Copeland, Oklahoma, OK

    AI Assistant is available now!

    Feel free to start your new journey!