Strength Through Diversity
Ground breaking science. Advancing medicine. Healing made personal.
Supply Chain – Req. 78192
Job Title: Sourcing Lead I
The Sourcing Lead is responsible for heading the sourcing and supplier selection for a group of categories and departments, leading a team, and basing decisions on the intersection of cost, quality and outcomes, with consideration of impact to departments and patients within the health care system.
This individual negotiates with vendors, and leads the process of award of contractual agreements for the health system. Prepares all analysis and pertinent information to leadership of the Value Analysis Team, and takes the initiative in the coordination of said meetings. Heads specific projects related to sourcing and new procedures and initiatives.
The Sourcing Lead works closely with senior stakeholders and takes an active role in leading engagement, strategy development and execution of new contracts. Regularly meets with client areas and supply chain representatives, and implements best practice sourcing strategies for all assigned categories.
Roles & Responsibilities:
- Effectively builds relationships and communicates with client departments and assesses needs and supplier performance expectations. Evaluates department practices, usage and demand; defines client requirements and specifications. Demonstrates an expert knowledge in the organization’s service and financial standards and incorporates it appropriately.
- Gathers and interprets supplier and market data through formal and informal processes. Evaluates supplier capabilities to meet the institution’s needs through fair and thorough techniques, and determines sourcing strategies that optimize value. Actively reviews supplier effectiveness and makes recommendations for change as necessary.
- Researches comparator businesses and institutions to support sourcing recommendations.
- Works with departments to quantify budget impacts of new contracts. Interprets and analyzes data to present to department heads for review, and to Value Analysis senior leadership.
- Partners with client departments to establish efficient ordering routines that incorporate appropriate controls within health system operations. Takes a lead role in implementing changes in sourcing (i.e., moving to a new supplier; implementing increased spends/services).
- Negotiates contracts, terms and conditions, and ramifications of contractual verbiage as it relates to product/service/supplier and impact on the health system. Develops contracts that support health system business requirements, including clearly defined goods and services expectations, performance measurements and shortfall remedies.
- Takes an active role in the creation of new policies and procedures that introduce and drive appropriate supplier behaviors, increase efficiencies in department spending, etc.
- Discusses automated processes with I.T. for more efficient supplier interfaces. Works closely with I.T. leadership on current processes and new projects for efficient integration of applications in the procurement process.
- Leads levels I and II Sourcing Specialists and support staff and may perform in a supervisory capacity.
- Takes a lead role in projects as related to value analysis, including demand, supplier reliability, costs and savings. Interacts with others in the project team and related departments, and facilitates a successful conclusion. Demonstrates a high degree of project management skills that drive project timing, service and savings objectives.
- Maintains currency of health care value analysis trends and market developments.
- Other duties as assigned.
- Bachelor's degree (Masters or J.D. preferred) in a related field (or equivalent combination of education and applicable sourcing/ purchasing experience)
- 6 years minimum (higher preferred), sourcing products and services in a health care setting, with related contract negotiation skills and project management experience
- Certified Materials Resource Professional (CMRP), CPM, CPSM or other recognized certification
- Microsoft Word and Excel – Basic required Intermediate proficiency preferred Microsoft Outlook – Basic
- Excellent written and oral communication skills
- Experience with sourcing (preferably health care system), planning, forecasting and allocation
- Understanding of health trends, costs and desired outcomes within framework of health care
- Knowledge of commonly-used concepts, practices and procedures within the healthcare field
- Project management and team leadership skills
Strength Through Diversity
The Mount Sinai Health System believes that diversity is a driver for excellence. We share a common devotion to delivering exceptional patient care. Yet we’re as diverse as the city we call home- culturally, ethically, in outlook and lifestyle. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education and advancement as we revolutionize medicine together.
We work hard to acquire and retain the best people, and to create a welcoming, nurturing work environment where you can develop professionally. We share the belief that all employees, regardless of job title or expertise, can make an impact on quality patient care.
Explore more about this opportunity and how you can help us write a new chapter in our story!
Who We Are
Over 38,000 employees strong, the mission of the Mount Sinai Health System is to provide compassionate patient care with seamless coordination and to advance medicine through unrivaled education, research, and outreach in the many diverse communities we serve.
Formed in September 2013, The Mount Sinai Health System combines the excellence of the Icahn School of Medicine at Mount Sinai with seven premier hospital campuses, including Mount Sinai Beth Israel, Mount Sinai Beth Israel Brooklyn, The Mount Sinai Hospital, Mount Sinai Queens, Mount Sinai West (formerly Mount Sinai Roosevelt), Mount Sinai St. Luke’s, and New York Eye and Ear Infirmary of Mount Sinai.
The Mount Sinai Health System is an equal opportunity employer. We promote recognition and respect for individual and cultural differences, and we work to make our employees feel valued and appreciated, whatever their race, gender, background, or sexual orientation.