Strategic Sourcing Specialist III – Healthcare Procurement

🔥 14 hours ago

🔔 Pennsylvania – Remote

🔔 Pennsylvania – Remote

⏰ Full Time

🟡 Mid-level

🟠 Senior

🛒 Procurement

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

👻 Ghost score 10%

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Geisinger

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1915

🏥 Healthcare

💊 Pharmaceuticals

🧘 Wellness

Healthcare • Pharmaceuticals • Wellness

Geisinger is a healthcare organization that has been providing accessible medical services for over a century in Pennsylvania. It focuses on meeting the healthcare needs of its communities and is dedicated to innovative patient care. With career opportunities in various fields including nursing, allied health, and administration, Geisinger promotes professional development and a supportive workplace for its employees, emphasizing diversity, equity, and inclusion.

📋 Description

• Identify, project plan, implement, and monitor supply chain expense or utilization opportunities • Optimize selection, standardization, and utilization of products and services • Ensure products and services are accurately priced, timely available, appropriately stocked, and efficiently delivered • Conduct advanced analytics and scenario-based outcome assessments • Optimize product and service expense and pricing through supply market analysis, value analysis, benchmarking, and utilization assessment • Conduct competitive analysis and bidding for assigned categories • Develop and execute supplier negotiation strategies • Implement contractual agreements for assigned product and service categories • Evaluate contractual agreements, proposals, commercial terms, business risk, and adherence to guidelines • Monitor portfolio expenses after contract execution for category and contract compliance • Develop a semi-annual savings opportunity pipeline through renegotiation, RFPs, spend consolidation, procurement support, technology adoption, and e-sourcing • Perform in-depth financial analysis to support comprehensive value-based decisions • Facilitate Value Analysis meetings as required • Develop complex bid solicitations, review proposals, and negotiate vendor contracts • Ensure bidding follows an open, fair, transparent, ethical procurement process • Influence and negotiate multi-million-dollar contracts to meet strategic objectives • Identify and maintain relationships with stakeholders, suppliers, team members, and vendor organizations • Build supplier performance management processes • Apply standard work, procedures, and tools to achieve objectives and deliverables within time and budget constraints • Collaborate with clinical and operational leadership and Supply Chain subdivisions to support patient care needs

🎯 Requirements

• Bachelor's Degree (Required) • Minimum of four (4) years of experience in Strategic Sourcing, Procurement, Supply Chain Management, Direct Sourcing, Contract Management, Category Management, or a related business discipline • Critical Thinking • Information Technology Project Management • Leads Others • Working Independently • Ability to conduct advanced analytics and scenario-based outcome assessments • Experience with supply market analysis, value analysis, benchmarking, and utilization assessment • Ability to conduct competitive analysis and bidding • Ability to develop and execute supplier negotiation strategies • Ability to evaluate contractual agreements, proposals, commercial terms, business risk, and guideline adherence • Ability to ensure data accuracy, integrity, and validity • Ability to facilitate Value Analysis meetings • Ability to develop complex bid solicitations and review proposals • Ability to negotiate multi-million-dollar vendor contracts • Ability to build supplier relationships and establish supplier performance management processes • Ability to travel for a yearly on-site system meeting

🏖️ Benefits

• Full benefits (health, dental and vision) starting on day one • Three medical plan choices, including an expanded network for out-of-area employees and dependents • Pre-tax healthcare and dependent care flexible spending accounts (FSA) • Health savings account (HSA) • Company-paid life insurance • Short-term disability coverage • Long-term disability coverage • 401(k) plan with automatic Geisinger contributions • Generous paid time off (PTO) plan • Up to $5,000 in tuition reimbursement per calendar year • MyHealth Rewards wellness program with a financial incentive • Adoption and fertility assistance • Parental leave pay • Military leave pay • Free Care.com membership with discounted backup care • Employee Assistance Program (EAP), including childcare, eldercare, pet care, legal guidance, mental health visits, work-life support, and digital self-help tools • Voluntary accident, critical illness, hospital indemnity, identity theft protection, universal life, pet, and legal insurance • Healthcare benefits for full-time and part-time positions from day one, including vision, dental, and domestic partners