VP, Strategic Sourcing

This is a fully remote position, open to applicants in Pennsylvania.

📋 Description

• Conduct clinical expenditure analysis to pinpoint sourcing, standardization, and cost-saving opportunities within designated product categories.

• Create comprehensive pricing comparisons, utilization assessments, and supplier benchmarking to support category strategies.

• Aid in baseline development and savings calculations for sourcing initiatives, adhering to value capture standards.

• Analyze data from distributors, manufacturers, and GPOs to uncover pricing inconsistencies, contract compliance issues, and leverage opportunities.

• Assist in clinical sourcing events, such as RFIs, RFQs, and RFPs, by preparing bid structures, supplier lists, evaluation scorecards, and analysis templates.

• Review supplier proposals for pricing, service levels, clinical equivalency, and contractual terms.

• Support Category Managers in formulating negotiation scenarios, cost models, and trade-off analyses.

• Document sourcing recommendations and prepare materials for stakeholder and clinical review discussions.

• Facilitate supplier evaluations, including product conversions, supplier performance assessments, and risk evaluations.

• Assist with contract documentation, pricing verification, and alignment with sourcing awards.

• Collaborate with contract stewards and legal teams to ensure sourcing outcomes are in line with approved terms and governance standards.

• Maintain sourcing documentation, audit trails, and supporting analyses.

• Utilize sourcing and procurement systems (e.g., Coupa, SAP, or similar platforms) to manage sourcing events, catalogs, and pricing information.

• Ensure data accuracy and consistency across sourcing tools, analytics platforms, and reporting outputs.

• Adhere to standardized sourcing processes and templates to promote repeatability, auditability, and quality.

• Identify opportunities for enhancing sourcing efficiency, data quality, and analytical methods.

• Support sourcing initiatives typically encompassing $25M–$100M+ in clinical expenditures.

• Operate independently on defined analytical and sourcing workstreams.

• Provide recommendations but do not possess final authority on supplier selection or negotiations.

⛳️ Requirements

• Bachelor’s degree in Business, Supply Chain, Healthcare Administration, Finance, or a related field.

• Over 15 years of experience in sourcing, procurement, supply chain analytics, or healthcare-related financial analysis, along with 8+ years of diversified leadership, planning, communication, organization, and people motivation skills (or equivalent experience).

• Proven experience in supporting competitive sourcing events and supplier evaluations.

• Preferred experience in healthcare, hospital, or clinical product sourcing environments.

• Familiarity with medical surgical, implant, pharmaceutical, or clinical equipment categories.

• Experience working with GPO contracts and manufacturer pricing structures.

• Strong analytical capabilities to interpret complex pricing, utilization, and supplier data.

• Knowledge of clinical sourcing fundamentals, including standardization, equivalency analysis, and contracting models.

• Proficiency in Excel and spend analytics tools; comfortable handling large datasets.

• Ability to interpret commercial contract elements related to pricing, rebates, and compliance.

• Excellent written and verbal communication skills; able to convert analysis into actionable insights.

• Strong attention to detail, organizational, and time management skills.

• Capability to work independently while effectively collaborating with cross-functional teams.

🏝️ Benefits

• Comprehensive Healthcare Plan - Medical, dental, and vision plans commence on the first day of employment for full-time teammates.

• Educational Assistance - We provide educational support to all eligible teammates enrolled in an approved, accredited collegiate program.

• Employer-Paid Life Insurance and Disability - We offer employer-paid life insurance and disability coverage.

• Voluntary Supplemental Programs – Additional options are available to secure your financial future, including supplemental life, hospitalization, critical illness, and other insurance programs.

• Support for your Growing Family – Adoption assistance, fertility benefits (included in the medical plan), and parental leave are available for teammates planning for a family.

• Health Savings Account (HSA) and 401(k) - We offer these voluntary financial programs to help teammates prepare for their future, along with other voluntary benefits.

• Paid Leave - Beyond sick days and short-term leave, we provide holidays, vacation days, personal days, and additional types of leave – including parental leave.

• Well-Being – Our offerings include a Teammate Assistance Program (TAP), Calm Health, Cancer Resource Services, and discount programs – all at no cost to you.