Senior Sourcing Executive - Clinical Contracts

Summary

Summary In this role, you will lead high-impact sourcing and contracting strategies that reduce spend, enhance operational efficiency, and deliver measurable value for clients. You will guide complex negotiations—drafting, redlining, and shaping sophisticated contract terms in partnership with Legal—while managing the full sourcing lifecycle across diverse healthcare categories. You will influence outcomes with strategic insight, market intelligence, and strong judgment, serving as a trusted advisor to clients and internal teams.Responsibilities Lead negotiation of complex contract terms and conditions and structure innovative solutions that meet client needs.Partner with Legal to draft, refine, and validate contract language for accuracy, compliance, and risk mitigation.Manage the full sourcing lifecycle, including opportunity assessment, RFP design, bid evaluation, supplier selection, and implementation support.Develop sourcing strategies based on spend analysis, market trends, benchmarking, and supplier dynamics.Identify and propose cost-savings initiatives grounded in financial analysis and market intelligence.Oversee contract maintenance, including amendments, renewals, compliance evaluation, and performance monitoring.Use analytical tools and contracting platforms to support workflow efficiency, documentation accuracy, and savings tracking.Present negotiation updates, sourcing strategies, risks, and recommendations to clients and internal leadership.Build and maintain strong partnerships with clients, suppliers, and internal stakeholders.Communicate complex strategies and negotiations clearly and effectively to executive-level audiences.Facilitate consensus among physicians, clinicians, and operational leaders to support sourcing decisions, contract adoption, and implementation.Qualifications Relevant degree preferred. Business, Supply Chain, Legal Studies, Healthcare Administration, or related field preferred.5 or more years of relevant experience in strategic sourcing, contracting, healthcare supply chain, or a related field required.Expertise in drafting, redlining, and negotiating complex terms and conditions.Proven ability to lead complex sourcing initiatives involving multiple stakeholders, including physicians, clinicians, hospital leadership, and supplier partners.Strong analytical, financial, and problem‑solving abilities.Exceptional verbal communication and presentation skills, essential for facilitating supplier discussions, articulating contract changes, and ensuring alignment among stakeholders.Proficiency in Microsoft Office.Ability to manage multiple priorities in a fast‑paced, matrixed environment.Hybrid work model: requires three days per week in the office; locations include Irving, TX; Centennial, CO; and Chicago, IL.Willingness to travel.Career Framework Professional – Senior Associate (P3)Estimated Hiring Range Compensation range: $88,900.00 to $155,500.00. This position is also incentive eligible.Benefits Vizient offers a comprehensive benefits plan.#J-18808-Ljbffr

Job Description

Summary In this role, you will lead high-impact sourcing and contracting strategies that reduce spend, enhance operational efficiency, and deliver measurable value for clients. You will guide complex negotiations—drafting, redlining, and shaping sophisticated contract terms in partnership with Legal—while managing the full sourcing lifecycle across diverse healthcare categories. You will influence outcomes with strategic insight, market intelligence, and strong judgment, serving as a trusted advisor to clients and internal teams.Responsibilities Lead negotiation of complex contract terms and conditions and structure innovative solutions that meet client needs.Partner with Legal to draft, refine, and validate contract language for accuracy, compliance, and risk mitigation.Manage the full sourcing lifecycle, including opportunity assessment, RFP design, bid evaluation, supplier selection, and implementation support.Develop sourcing strategies based on spend analysis, market trends, benchmarking, and supplier dynamics.Identify and propose cost-savings initiatives grounded in financial analysis and market intelligence.Oversee contract maintenance, including amendments, renewals, compliance evaluation, and performance monitoring.Use analytical tools and contracting platforms to support workflow efficiency, documentation accuracy, and savings tracking.Present negotiation updates, sourcing strategies, risks, and recommendations to clients and internal leadership.Build and maintain strong partnerships with clients, suppliers, and internal stakeholders.Communicate complex strategies and negotiations clearly and effectively to executive-level audiences.Facilitate consensus among physicians, clinicians, and operational leaders to support sourcing decisions, contract adoption, and implementation.Qualifications Relevant degree preferred. Business, Supply Chain, Legal Studies, Healthcare Administration, or related field preferred.5 or more years of relevant experience in strategic sourcing, contracting, healthcare supply chain, or a related field required.Expertise in drafting, redlining, and negotiating complex terms and conditions.Proven ability to lead complex sourcing initiatives involving multiple stakeholders, including physicians, clinicians, hospital leadership, and supplier partners.Strong analytical, financial, and problem‑solving abilities.Exceptional verbal communication and presentation skills, essential for facilitating supplier discussions, articulating contract changes, and ensuring alignment among stakeholders.Proficiency in Microsoft Office.Ability to manage multiple priorities in a fast‑paced, matrixed environment.Hybrid work model: requires three days per week in the office; locations include Irving, TX; Centennial, CO; and Chicago, IL.Willingness to travel.Career Framework Professional – Senior Associate (P3)Estimated Hiring Range Compensation range: $88,900.00 to $155,500.00. This position is also incentive eligible.Benefits Vizient offers a comprehensive benefits plan.#J-18808-Ljbffr