Senior Sourcing Executive - Clinical Contracts

Vizient, Inc.

$88K — $155K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Relevant degree in Business, Supply Chain, Legal Studies, Healthcare Administration, or a related field preferred.
  • 5+ years of experience in strategic sourcing, contracting, or healthcare supply chain.
  • Expert skill in drafting and negotiating complex contract terms.
  • Experience in leading sourcing initiatives with diverse stakeholder engagement.
  • Strong analytical and financial problem-solving abilities.
  • Exceptional verbal communication and presentation skills.
  • Proficiency in Microsoft Office and ability to manage multiple priorities.

Responsibilities

  • Lead negotiations of intricate contract terms and offer innovative solutions
  • Collaborate with Legal to ensure accurate, compliant contract language
  • Manage every stage of the sourcing lifecycle from assessment to implementation
  • Develop targeted sourcing strategies informed by market trends and spend analysis
  • Propose cost-saving initiatives using financial insights and market intelligence
  • Handle contract maintenance, including amendments and performance monitoring
  • Utilize analytical tools to enhance workflow efficiency and documentation accuracy
  • Present updates and recommendations to clients and leadership
  • Build and maintain partnerships with clients and suppliers
  • Communicate strategies effectively to executive-level audiences
  • Facilitate consensus among clinical and operational leaders for sourcing decisions

Benefits

  • Comprehensive benefits plan including health, dental, and vision insurance
  • Retirement savings plan with company match
  • Professional development opportunities and tuition reimbursement
  • Flexible work arrangements, including hybrid work model
  • Paid time off and holidays
Full Job Description
Summary:

In this role, you will lead high-impact sourcing and contracting strategies that reduce spend, enhance operational efficiency, and deliver measurable value for clients. You will guide complex negotiations-drafting, redlining, and shaping sophisticated contract terms in partnership with Legal-while managing the full sourcing lifecycle across diverse healthcare categories. You will influence outcomes with strategic insight, market intelligence, and strong judgment, serving as a trusted advisor to clients and internal teams. This role is designed for exceptional negotiators who excel in complex discussions, think critically, and lead with confidence. While exceptional negotiators from any industry can thrive here, candidates with experience leading sourcing and contracting across complex clinical categories (e.g., PPI, perioperative, capital, laboratory, or pharmacy) and partnering with physicians, clinicians, and hospital executives will be especially well positioned for success.

Responsibilities:
  • Lead negotiation of complex contract terms and conditions and structure innovative solutions that meet client needs.
  • Partner with Legal to draft, refine, and validate contract language for accuracy, compliance, and risk mitigation.
  • Manage the full sourcing lifecycle, including opportunity assessment, RFP design, bid evaluation, supplier selection, and implementation support.
  • Develop sourcing strategies based on spend analysis, market trends, benchmarking, and supplier dynamics.
  • Identify and propose cost-savings initiatives grounded in financial analysis and market intelligence.
  • Oversee contract maintenance, including amendments, renewals, compliance evaluation, and performance monitoring.
  • Use analytical tools and contracting platforms to support workflow efficiency, documentation accuracy, and savings tracking.
  • Present negotiation updates, sourcing strategies, risks, and recommendations to clients and internal leadership.
  • Build and maintain strong partnerships with clients, suppliers, and internal stakeholders.
  • Communicate complex strategies and negotiations clearly and effectively to executive-level audiences.
  • Facilitate consensus among physicians, clinicians, and operational leaders to support sourcing decisions, contract adoption, and implementation.


Qualifications:
  • Relevant degree preferred. Business, Supply Chain, Legal Studies, Healthcare Administration, or related field preferred.
  • 5 or more years of relevant experience in strategic sourcing, contracting, healthcare supply chain, or a related field required.
  • Expertise in drafting, redlining, and negotiating complex terms and conditions.
  • Proven ability to lead complex sourcing initiatives involving multiple stakeholders, including physicians, clinicians, hospital leadership, and supplier partners.
  • Strong analytical, financial, and problem-solving abilities.
  • Exceptional verbal communication and presentation skills, which are critical for facilitating supplier discussions, clearly articulating contract changes, and ensuring alignment among internal stakeholders and clients throughout the sourcing and negotiation process.
  • Proficiency in Microsoft Office.
  • Ability to manage multiple priorities in a fast-paced, matrixed environment.
  • This role follows a hybrid work model, requiring three days per week in the office. Office locations include Irving, TX; Centennial, CO; and Chicago, IL.
  • Willingness to travel.


Estimated Hiring Range:
At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $88,900.00 to $155,500.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

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