JFK Johnson Rehabilitation Institute · 1 month ago
IT VENDOR MANAGEMENT ANALYST - DIGITAL TECHNOLOGY SERVICES
Edison, NJ
Contract
Hybrid
Senior Level
5+ years expHackensack Meridian Health (HMH) is dedicated to transforming healthcare and serving as a leader of positive change. The IT Vendor Management Analyst will oversee IT vendor relationships, manage contract negotiations, and drive performance management to enhance operational efficiency and strategic alignment within the organization.
Hospital & Health Care
Responsibilities
Support the IT VMO Leader in aligning vendor management strategies with the strategic/operational HMH objectives
Provide insights and recommendations to assist leadership in making strategic outsourcing and vendor selection decisions
Highlight key risks in vendor relationships and propose mitigation strategies to ensure long-term success
Manage the full vendor lifecycle, including Request For 'x' [RF(x)] events, stakeholder engagement, contract negotiation, and performance monitoring
Oversee vendor compliance with contractual obligations, regulatory requirements, and internal policies
Collaborate with internal stakeholders to identify opportunities for vendor consolidation, cost savings, and strategic partnerships
Lead the review and negotiation of vendor agreements, focusing on favorable terms for cost optimization, service quality, and operational efficiency
Ensure contracts are structured to deliver measurable business outcomes and compliance with internal policies and industry standards
Address non-compliance issues, including service level adherence, and recommend corrective actions
Conduct financial analysis to identify rationalization initiatives and assess their impact on departmental budgets
Oversee vendor-related financial activities, including budgeting, cost tracking, and adherence to financial policies
Develop and implement systems for monitoring vendor performance against key performance indicators (KPIs)
Promptly address performance issues and work toward building strategic vendor partnerships
Assess and mitigate risks associated with vendor relationships, leveraging governance frameworks to ensure ethical practices
Lead RF(x) efforts to consolidate spending, reduce costs, and evaluate vendor capabilities
Analyze RFP outcomes to make informed vendor selection decisions based on business and technology needs
Develop business cases for potential IT initiatives in collaboration with stakeholders
Act as a liaison between IT, business teams, and vendors to ensure alignment on project objectives and organizational goals
Build collaborative relationships with internal teams, including DTS leadership, Legal, and Purchasing to drive vendor management initiatives
Foster positive relationships with key vendors to support long-term partnerships and mutual success
Identify and implement process improvements within the VMO, ensuring operational excellence through best practices
Establish governance frameworks, tools, and templates to optimize vendor management processes and systems
Continuously evaluate and enhance processes to align with organizational goals and deliver enterprise value
Other duties and/or projects as assigned
Adheres to HMH Organizational competencies and standards of behavior
Qualification
Required
Bachelor's degree in Business Management, Finance, Economics, or a related field
Minimum of 5 years of progressive experience in IT vendor management, contract negotiation, process improvement, consulting, or strategic sourcing
Proven experience negotiating XaaS, Software, Hardware, Network, and Managed Service agreements
Strong problem-solving skills, with the ability to collaborate with senior leaders and cross-functional teams
Strong written and verbal communication skills
Analytical skills, including financial cost analysis and risk mitigation strategies
Familiarity with contracting trends, licensing models, and vendor performance metrics
Proficient computer skills that include but are not limited to Microsoft Office and/or Google Suite platforms
Preferred
Healthcare industry experience
Benefits
Health
Dental
Vision
Paid leave
Tuition reimbursement
Retirement benefits
Company
JFK Johnson Rehabilitation Institute
Offering New Jersey’s most comprehensive rehabilitation services, JFK Johnson Rehabilitation Institute is a 94-bed facility located in Edison, NJ, serving residents of the tristate area for more than 40 years.
10001+ employees
Funding
Current Stage
Late StageCompany data provided by crunchbase