University Hospital · 2 weeks ago
Sourcing Administrator
Newark, NJ
Full-time
Onsite
Entry, Mid Level
$78K/yr - $113K/yr
2+ years expUniversity Hospital is one of the nation’s leading academic medical centers, and they are seeking a Sourcing Administrator to support their Supply Chain Management Department. The primary duties include researching procurement methods, auditing contracts, and producing spend reports to ensure cost efficiency and compliance with procurement standards.
EducationHealthcareHealth Care
Responsibilities
Researches and analyzes pricing for prospective procurements and contract purchases based on existing contracts, including making comparisons against national benchmarking data bases (ECRI, Advisory Board, Premier, etc.)
Creates and maintains spreadsheets and databases of healthcare supply and services pricing throughout the country for regularly purchased healthcare ‐ required goods and services
Creates and maintains spreadsheets and databases to track and analyze University Hospital spend using Marketplace PO data and Banner invoice data
Establishes for Purchasing Services the most cost ‐ efficient method of issuing new procurements ‐ GPOs, federal, state, or local Cooperative Purchasing Contracts, issuance of an RFP or RFQ, or Alternative Procurement
Researches national public entity bids and proposes new procurement methods, which are different or evolved from those presently used at University Hospital
Audits tiered ‐ pricing contracts to confirm that University Hospital is activated on the correct contract tier
Audits hosted catalog, vendor punch ‐ out and Marketplace price files to ensure that correct pricing is loaded
Audits contract purchases to confirm that vendor invoice pricing matches contract price
Audits payments to ensure that all rebate and commission payments required by existing contracts are correctly paid to University Hospital
Creates processes and prepares ongoing reports showing savings summaries, analyses, and status reports for SCM initiatives
Furnishes routine (monthly, quarterly, annual) reports describing planning, accomplishments, issues, future projects, and potential problems in a timely manner to the Sourcing Manager and Executive Director Supply Chain Management
Maintains open communication lines among all coordinators, senior buyers, buyers, and senior staff
Assists department Buyers and other University Hospital staff as required in developing procurement strategy and bid documents (RFP, RFQ) for assigned procurements
Understands and adheres to University Hospital’s compliance standards as they appear in University Hospital's Corporate Compliance Policy, Code of Conduct and Conflict of Interest Policy
Stays abreast of all pertinent federal, to ensure consistency among the technical and professional components of pathology charges
Qualification
Required
Bachelor's Degree in Data Analytics, Business Administration, Data Science, or another related field required
Minimum of two (2) years of experience working in procurement, contract administration and/or data analytics, preferably in the public sector, required
Must have a solid working knowledge of Microsoft Excel, with an advanced certification preferred
Must have strong organizational skills, along with excellent communication skills, both written and verbal, along with the ability to create detailed explanations of process analysis
Must be able to analyze existing data to create processes and determine best practices for increased efficiency within the Supply Chain Management Department
Equivalent related experience may be substituted for the degree requirement on a year for year basis
Preferred
Master's Degree preferred
Familiarity with Banner and Marketplace financial procurement systems preferred
Experience in contract auditing and/or contract research preferred
Benefits
Paid Time Off (PTO)
Medical & Prescription Drug Coverage
Dental & Vision Insurance
Health Savings Account (HSA) & Flexible Spending Account (FSA)
Short- & Long-Term Disability Insurance
Pension Plan
Pet Insurance
Employee Assistance Program (EAP)
Professional Development
Company
University Hospital
University Hospital is an independent medical center with more than 500 licensed beds, an active medical staff of more than 600, and over 3,000 employees.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$0.4MKey Investors
Healthcare Foundation of New Jersey
2023-10-27Grant· $0.4M
Leadership Team
Alexandre Barbosa
Human Resources Business Partner
Frank Sinatra
Chief Information Security Officer
Recent News
2025-03-06
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