Strategic Sourcing Analyst

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Advocate Aurora Health

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Healthcare Insurance

Advocate Aurora Health is a leading healthcare organization that operates across various regions including Central Chicagoland, Central Wisconsin, Greater Milwaukee, and more. With a diverse range of career areas such as advanced practice clinicians, behavioral health, nursing, and more, Advocate Aurora Health is committed to helping people live well. The organization offers numerous benefits and opportunities for career advancement, fostering an environment where individuals can thrive and innovate in the healthcare sector. Advocate Aurora Health prioritizes the safety of its candidates and maintains a robust recruitment process to protect sensitive information.

10,000+ employees

⚕️ Healthcare Insurance

💰 $10.2M Grant on 2019-08

📋 Description

• 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 • Assists with the end-to-end sourcing process, including supplier identification, qualification, selection, negotiation, and contracting • Ensure compliance with relevant policies, procedures, and regulations • Supports cost-saving opportunities through comprehensive analysis of utilization, pricing, and contracting • Aids in cost containment strategies, such as standardization, utilization controls, and value-based purchasing • Helps in monitoring supplier performance and collaborates with cross-functional teams to address supplier-related issues • Prepares regular reports and presentations for leadership, highlighting key findings, achievements, and recommendations

🎯 Requirements

• Bachelor’s Degree in Supply Chain, Business or related field preferred • Typically requires 2 years of demonstrated 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 • 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 • Basic knowledge of analytical/mathematical/statistical methods, data analysis and presentation. • Excellent analytical, quantitative, and qualitative skills • Experience in working with and implementing large-scale automated systems.

🏖️ Benefits

• Paid Time Off programs • Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability • Flexible Spending Accounts for eligible health care and dependent care expenses • Family benefits such as adoption assistance and paid parental leave • Defined contribution retirement plans with employer match and other financial wellness programs • Educational Assistance Program