CentraCare

Senior Sourcing Specialist | Supply Chain

CentraCare • $87K — $130K *
Saint Cloud, MN 56301In-Person
Healthcare
5 - 7 years of experience
3 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business management or related field or 6 years related experience in Supply Chain, Contracting, or Value Analysis in lieu of education.
  • Minimum of 5 years related experience in Supply Chain, Contracting, or Value Analysis required.
  • Strong data entry skills with an interest in computer work.

Responsibilities

  • Lead the development and execution of sourcing strategies aligned with operational and organizational goals.
  • Conduct market research and category analysis to identify cost drivers and supplier opportunities.
  • Manage the creation and evaluation of RFPs and other sourcing events.
  • Negotiate contracts to secure competitive pricing and favorable terms, while minimizing risk.
  • Build and maintain strong vendor relationships for performance management and issue resolution.
  • Draft and review contract documents, ensuring compliance throughout the lifecycle.
  • Monitor supplier performance and drive initiatives for cost savings and value creation.

Benefits

  • Generous benefits package including medical and dental coverage.
  • Flexible spending accounts and PTO.
  • 401(k) retirement plan with match.
  • Tuition reimbursement opportunities.
  • Employee discounts at local and national businesses.
Full Job Description
Job Description

The Senior Sourcing Specialist partners with cross-functional stakeholders to strategically source goods and services that support organizational objectives, drive cost-effective solutions, and ensure operational excellence. This role leads the development and execution of sourcing strategies, manages supplier relationships, and negotiates complex contracts while ensuring compliance with organizational policies and regulatory requirements. Supports and demonstrates Family Centered Care principles when interacting with patients and their families and with co-workers.

Schedule:
  • Full-time 80 hours every 2 weeks
  • Mon-Fri 8a-5p
  • Located onsite in St. Cloud, MN

Pay and Benefits:
  • Starting pay begins at $87,193.60 per year and increases with experience.
  • Salary range: $87,193.60-$130,873.60 per year
    • Salary range is based on a 1.0 FTE, reduced FTE will result in a prorated offer rate
  • We offer a generous benefits package that includes medical, dental, flexible spending accounts, PTO, 401(k) retirement plan & match, LTD and STD, tuition reimbursement, discounts at local and national businesses and so much more!

Qualifications:
  • Bachelor's degree in business management or related field ora minimum of 6 years related experience in Supply Chain, Contracting or Value Analysis in lieu of education.
  • 5 years of related experience in Supply Chain, Contracting or Value Analysis required.
  • Data entry aptitude and confidence and interest in computer work are helpful.

Core Functions:
  • Lead the development and execution of sourcing strategies for assigned categories, ensuring alignment with operational needs and organizational goals.
  • Conduct comprehensive market research and category analysis to understand total cost drivers, supplier landscape, and strategic opportunities.
  • Create, issue, and manage requests for proposals (RFPs), invitations to bid (ITBs), and other sourcing events; analyze and evaluate supplier responses.
  • Negotiate contracts with suppliers to achieve competitive pricing, favorable terms, and value-added services while mitigating risk.
  • Develop and maintain strong vendor relationships to support performance management, issue resolution, and continuous improvement.
  • Draft, review, and manage contract documents throughout the contract lifecycle, including renewals, amendments, and compliance tracking.
  • Collaborate with legal, finance, clinical, and operational teams to ensure sourcing strategies and contracts adhere to regulatory, quality, and budgetary requirements.
  • Prepare progress reports for CentraCare Product Value Analysis Committee (PVAC). Assist in preparation of progress reports for CCH Value Analysis Steering Committee.
  • Collaborate with Contracting and Procurement Department, CCH Value Analysis Clinical Specialist and other appropriate stakeholders to assess product usage patterns, product attributes, coordinate trials, and evaluate trial results.
  • Monitor supplier performance through key performance indicators (KPIs) and take corrective actions when necessary.
  • Drive category-specific cost savings and value creation initiatives by identifying opportunities for standardization, consolidation, and process improvement.
  • Serve as a subject matter expert on sourcing best practices and support mentoring or guidance for less experienced sourcing team members.


About CentraCare

CentraCare is a not-for-profit health care system that provides comprehensive, high-quality care to people throughout Central Minnesota. The organization includes six hospitals, more than 25 clinics, and several specialty care centers. CentraCare's mission is to improve the health of every patient, every day. The organization is committed to providing compassionate, patient-centered care that is based on the latest medical research and best practices. CentraCare is also dedicated to promoting health and wellness in the communities it serves through education, outreach, and community partnerships.
Learn more about CentraCare
Size
8,000 employees
Industry
Healthcare
* Ladders Estimates

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