[Hiring] Procurement Sourcing Specialist @The Custom Group of Companies

Role Description

We are seeking a strategic and detail-oriented Procurement Sourcing Specialist to support our healthcare organization’s non-clinical procurement operations. This role is responsible for leading end-to-end sourcing activities, with a focus on procurement, contract negotiation, vendor management, and spend analysis. The ideal candidate will develop and execute sourcing strategies that align with organizational goals, drive cost savings, and minimize risk.

• Lead RFx processes, analyze spend data, and collaborate with internal stakeholders to ensure sourcing decisions meet operational and budgetary needs.

The Sourcing Specialist is responsible for handling the organization's end-to-end sourcing operations by implementing sourcing plans and tactics to effectively manage assigned commodities.

• Appraise and improve organization sourcing activities by analyzing the company's spending, supply partnerships, and identifying new opportunities to improve cost savings.

Sourcing Strategy and Development

• Develop sourcing strategies that align with organizational goals/objectives, budget targets, and operational requirements to minimize risk.
• Perform data collection and conduct spend analysis at various levels to identify opportunities.
• Conduct market research to identify new technologies and supplier trends.
• Complete robust spend analytics to mine opportunities.
• Craft negotiation strategies and close deals with optimal terms.

Sourcing Management

• Manage RFx (RFI, RFP, RFQ) processes and lead sourcing events.
• Negotiate contracts that support sourcing strategies.
• Develop contract terms and conditions that minimize risks.
• Develop and route the contract cover sheet.
• Identify and vet preferred supplier capabilities and financial stability.
• Determine optimal supplier selection methods.
• Manage cross-organizational activities with suppliers.

Customer Relationship Management

• Develop strong relationships with end-users through consistent meetings.
• Gather spend requirements to support business operations.
• Act as internal consultant, facilitator, and problem solver.

Supplier Relationship Management

• Understand supplier business and future technology developments.
• Gather performance data to inform future sourcing events.

Professional Development

• Develop annual individual development plan to gain additional knowledge in healthcare industry and procurement functions.

Qualifications

• Four (4) to seven (7) years of sourcing experience.
• Demonstrated project management skills.
• Experience negotiating contracts.
• Ability to lead sourcing events and build relationships.
• Experience leading meetings with suppliers and customers.

Preferred Skills & Experience

• Experience in healthcare sourcing.