[Hiring] Strategic Sourcing Specialist III @Geisinger

Role Description

The Sourcing Specialist III works independently and strategically to identify, project plan, implement and monitor supply chain expense or utilization opportunities to optimize total organizational expenses. As part of the Sourcing team, works collaboratively with clinical and operational leadership in a team-based environment to optimize the selection, standardization and utilization of product and services for the organization. This position has operational responsibility in collaboration with Supply Chain subdivisions to ensure that product and services are priced accurately, available timely, carried in the appropriate quantities and locations, and delivered in the most efficient manner to meet patient care needs.

• Conducts advanced analytics and scenario-based outcome assessments to inform business operations regarding potential Total Cost of Ownership impact.
• Optimizes product and service expense and pricing through supply market analysis, value analysis, benchmarking, and utilization assessment.
• Conducts competitive analysis and bidding, develops and executes negotiation strategies with suppliers, and implements required contractual agreements.
• Evaluates all contractual agreements, proposals, and negotiates commercial terms, including business risk and adherence to guidelines.
• Monitors assigned portfolio expenses post-contract execution to ensure category/contract compliance.
• Ensures accuracy, data integrity, and validity in all work.
• Performs in-depth analysis on each assigned request for comprehensive value-based decision-making.
• Facilitates Value Analysis meetings as required.
• Independently develops complex bid solicitations, proposal reviews, and vendor negotiations.
• Ensures all bidding activity is conducted in an open, fair, and transparent procurement process.
• Demonstrates the ability to independently persuade, influence, and negotiate multi-million-dollar contracts.
• Identifies stakeholders, suppliers, team members, and builds and maintains appropriate relationships.
• Adheres to a disciplined application of standard work to achieve objectives and final deliverables.

Qualifications

• Bachelor's Degree (Required)
• Minimum of four (4) years of experience in Strategic Sourcing, Procurement, Supply Chain Management, Direct Sourcing, Contract Management, Category Management, or a related business discipline (Required)

Requirements

• Travel: Yearly on-site system meeting

Benefits

• Full benefits (health, dental and vision) starting on day one
• Three medical plan choices, including an expanded network for out-of-area employees and dependents
• Pre-tax savings plans with healthcare and dependent care flexible spending accounts (FSA) and a health savings account (HSA)
• Company-paid life insurance, short-term disability, and long-term disability coverage
• 401(k) plan that includes automatic Geisinger contributions
• Generous paid time off (PTO) plan that allows you to accrue time quickly
• Up to $5,000 in tuition reimbursement per calendar year
• MyHealth Rewards wellness program to improve your health while earning a financial incentive
• Family-friendly support including adoption and fertility assistance, parental leave pay, military leave pay, and a free Care.com membership with discounted backup care for your loved ones
• Employee Assistance Program (EAP): Referrals for childcare, eldercare, & pet care, access to free legal guidance, mental health visits, work-life support, digital self-help tools, and more
• Voluntary benefits including accident, critical illness, hospital indemnity insurance, identity theft protection, universal life and pet and legal insurance