Duke University Health System ยท 1 day ago
Sourcing Manager
Duke University Health System is committed to compassionate care and is seeking a Sourcing Manager to proactively identify and negotiate contract opportunities. The role involves managing supplier contracts, ensuring compliance, and participating in strategic planning for cost savings.
Health CareMedical
Responsibilities
Negotiate contracts with suppliers; evaluate bids and proposals and make award decisions; review and interpret vendor contracts for accuracy and completeness
Manage contracts with suppliers to ensure supplier compliance; analyze supplier change requests to existing contracts and approve changes or revisions
Participate on procurement sourcing teams for the research, bid, and contract management of supplies and services
Participate in strategic planning to target future cost savings with the appropriate commodity
Track markets to anticipate customer needs, changes to those needs, and the impact on existing contracts or the development of future contracts; monitor inflation and its impact on forecasting
Evaluate supplier performance through a review of reports and customer feedback; resolve issues and implement solutions to address negative supplier performance
Act as a liaison between the university and subcontractors to implement fulfillment of contracts
Facilitate the resolution of disputes with suppliers to ensure optimal customer satisfaction
Coordinate the integration of new suppliers into the procurement system
Create and review reports showing the status of contract activity
Ensure compliance with federal, state, and local laws
Qualification
Required
Completion of a Bachelor's degree in Business Administration, Accounting, or a business-related field
Five years of progressively responsible contract administration/procurement-related experience
Proven experience in strategic sourcing, particularly for capital and construction-related materials and services
Extensive prior negotiation experience with a track record of achieving favorable terms and cost savings
Strong ability to interpret and review complex contracts to ensure legal compliance and mitigate risk (including the ability to read, redline, and interpret complex legal language)
Expertise in preparing, issuing, and evaluating Requests for Proposal (RFPs)
Advanced proficiency with SAP, specifically for data searching, entry, and financial analysis
Strong data digging and analytical skills to identify trends, analyze spending, and forecast market impacts
Expertise in PC Word Processing, Spreadsheet (e.g., Microsoft Excel), and Database Management software for reporting and analysis
Exceptional interpersonal and communication skills for effective collaboration and conflict resolution
Ability to confidently engage with key stakeholders, including hospital CFOs, service line leaders, and surgeons, to understand their needs and align procurement strategies with organizational goals
Strong customer service orientation to address customer needs and resolve supplier disputes effectively
Deep knowledge of the procurement process, including the full procure-to-pay lifecycle
Experience working with a Group Purchasing Organization (GPO) to leverage buying power and secure favorable contracts
Ability to manage multiple contracts and projects simultaneously, ensuring compliance and timely execution
Strong problem-solving skills to manage supplier issues and faulty data, ensuring seamless operations
Benefits
Relocation assistance is available for this position!!
Company
Duke University Health System
World-class academic and health care system
Funding
Current Stage
Late StageLeadership Team
Recent News
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