Mount Sinai Hospital

Director Sourcing-Materials Management Purchasing - Mount Sinai Health System - Full Time - Monday-Friday, 9 AM-5 PM

Mount Sinai Hospital$128K — $192K *
Healthcare
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business administration
  • Master's in Business Administration or related field preferred
  • 15+ years of supply chain experience
  • 8-10 years of procurement experience in healthcare preferred
  • Proven track record in sourcing strategy development
  • Knowledge of healthcare industry products and procedures
  • Certified Materials Resource Professional (CMRP) or equivalent certification accepted

Responsibilities

  • Analyze hospital spending and formulate actionable sourcing strategies
  • Build consensus across various departments
  • Develop market intelligence and stay updated on supply base changes
  • Oversee sourcing process and guide the team on spend management
  • Direct cost optimization and enhance supplier relationship strategies
  • Facilitate a sourcing organization focused on improving procurement performance
  • Collaborate with stakeholders to ensure buy-in on sourcing initiatives
  • Implement supplier management strategies that drive innovation and efficiency
  • Identify and present cost-saving opportunities aligned with organizational goals

Benefits

  • Comprehensive health insurance options
  • Professional development and training opportunities
  • Supportive work culture promoting continuous improvement
  • Access to innovative healthcare technology and resources
  • Engagement with cross-functional teams for collaborative support
Full Job Description
Develops and implements sourcing strategies for clinical and nonclinical materials and services. Provides strategic leadership and direction to the organization. Leads the strategic sourcing process that leverages scale, maximizes supplier relationships, minimizes risks and drives business value. Collaborates with key stakeholders and works cross-functionally in developing and executing sourcing strategies. Establishes strategic relationship with supply base and implement supplier management strategies. Staffs and develops a sourcing team that will drive sustained performance and improve procurement effectiveness. Drives a culture change of continuous improvement and organization excellence. Responsibilities 1. Understand spend across the hospitals, analyze category markets and translate into actionable strategies and forward-looking analyses. 2.Able to build consensus throughout the organization 3.Develops category expertise, maintains market intelligence and stays abreast of the changing supply base and new technologies. 4.Oversees the strategic sourcing process and guides sourcing team through spend management and development of sourcing strategies. 5.Directs efforts that lead to cost optimization, improved quality and service and enhanced innovation through strategic sourcing, supplier relationship and risk management. 6.Directs and develops a sourcing organization that will enable a positive change in procurement performance. 7.Collaborates with key stakeholders upstream and downstream to ensure engagement, buy-in and ownership of key sourcing strategies. 8.Develops supplier management strategies that enhance innovation and quality, reduces costs and improves supply chain efficiencies. 9.Drive and deliver cost savings opportunities aligned with organization commitments. Qualifications • Bachelors degree in business administration • Masters Business Administration or Masters in Science or Healthcare related field (preferred). • 15+ years of supply chain experience with 8-10 years in Procurement experience in a healthcare setting preferred • Demonstrated experience developing and implementing sourcing strategies that have yielded measurable business results • Knowledge and practical experience in the healthcare industry related to medical products and procedures • Experience leading an organization in a complex environment • Training or practical experience in professional education/training and a proven track record of developing programs and collaborating with others to reach mutual outcomes • Certified Materials Resource Professional (CMRP) or other recognized certification. Equivalents accepted upon review. Compensation Statement The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $128,390.00 - $192,585.00 Annually. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.

About Mount Sinai Hospital

Mount Sinai Hospital is a hospital network based in New York City. It was founded in 1852 and is one of the oldest and largest teaching hospitals in the United States. The hospital has been ranked among the top hospitals in the country by U.S. News & World Report and is known for its excellence in patient care, research, and education. Mount Sinai Hospital is affiliated with the Icahn School of Medicine at Mount Sinai and has a staff of over 7,000 physicians, nurses, and other healthcare professionals.
Learn more about Mount Sinai Hospital
Size
42,000 employees
Industry
Founded
1997

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