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Strategic Sourcing Advisor


Reference Number: NPILSS10

Strategic Sourcing Advisor
experience  Not Disclosed
location  Chicago, IL
duration  12 Months
salary  Not Disclosed
jobtype  Not Disclosed
Industry  Healthcare
Job Description


Strategic Sourcing Advisor - Procurement

Job Purpose:

• This Position Is Responsible for Contracting, Identifying & Developing Sourcing Strategies For The Most Cost Effective Pricing And Best Service, while negotiating cost for Professional Services: IT Consulting and IT Managed Services, Management Consulting, Corporate Functions: HR, Finance, Legal, Research, CASSIP categories. Advisor will also be responsible for building relationships with key stakeholders, managing escalations independently, understanding Business pipeline and forecast and providing a strategic plan for streamlining vendors while becoming a Subject Matter Expert for the appointed category.
• Advisor is responsible for participating in and supporting the design and implementation of strategic sourcing activities (RFPs, RFIs, Market Scans, Category Management) for appointed category; participating in the strategic sourcing process by partnering with Business stakeholders to define specifications and requirements, leading, conducting internal and external data & pricing analysis, and providing recommendations based on analysis. Advisor should be able to independently analyze Industry Markets And assess risk, gather intelligence on fundamental conditions, and technical Information that affects the category. Advisor will also be responsible for contract negotiations, pricing negotiations, contract compliance, vendor management, and stakeholder management.
• Advisors are expected to have excellent project management and time efficiency skills as they will be managing several sourcing projects and contracts at a given time along with multiple vendors and internal stakeholders. Advisor should be able to identify and develop cost reduction opportunities while maximizing benefit to the business.
• Advisor should be comfortable speaking and delivering presentations to internal business teams for RFx’s as well as having excellent business acumen.
• As an Advisor you will gain a vast knowledge of the inner workings and operations for one of the largest healthcare plans in North America. Successful candidates should have a strong desire of learning about the healthcare industry.

Required Job Qualifications:
• Bachelor's degree in Supply Chain, Business or Finance, or 4 years of relevant experience
• Demonstrated thought leadership
• Ability to build strategic relationship with senior-level colleagues
• Experience with conducting wide-ranging research.
• Analytical skills to support and enhance procurement strategy and goals.
• Ability to function in ambiguous and/or time-sensitive situations.
• Clear, concise, and confident interpersonal, verbal and written communication skills.
• Knowledge and skills to participate and be effective in contract negotiations with industry suppliers.
• Strong multitasking capabilities
• Knowledge of strategic sourcing principles.
• Experience in project management and contract negotiation.
• Experience developing presentations and presenting to management and other internal groups.
• Effective Negotiating skills to reduce supplier base and to negotiate beneficial contracts
• Effective, proven negotiation skills, experience rationalizing supplier base and negotiating beneficial contracts.
• Knowledge of strategic sourcing best practices
• PC proficiency to include Word, Excel, PowerPoint

Preferred Job Qualifications:
• 3-6 years of experience in a relevant area (procurement, supply chain, or finance)
• Knowledge of client organization.
• Knowledge of Business Process Outsourcing
• Knowledge of Insurance industry
• Knowledge of Category Management
• Bachelors degree in Supply Chain Management
• Experience in a procurement function, including with contract management activities
• Strong relationship management capabilities with internal and external stakeholders
• Strong Drive and interpersonal skills to manage multiple escalations internally/externally


Notes:
Contract to Hire
3 days onsite and 2 days remote
VIVA is an equal opportunity employer. All qualified applicants have an equal opportunity for placement, and all employees have an equal opportunity to develop on the job. This means that VIVA will not discriminate against any employee or qualified applicant on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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