Society of Hospital Medicine

Strategic Sourcing Manager (Full-Time/Day) Center City

Society of Hospital Medicine$95K — $115K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business required; Master's Degree preferred.
  • 5-7 years of experience in purchasing, contract management, or materials management.
  • Experience in Fortune 500, Pharmaceutical, IT, FMCG, CPG, Consulting or similar industries.
  • C.P.M. or CMRP certification preferred.

Responsibilities

  • Lead strategic sourcing initiatives across multiple departments and service categories.
  • Manage an annual spend of $50-$100M and deliver significant cost savings.
  • Oversee the entire sourcing process from analysis to implementation and compliance.
  • Utilize eSourcing technology to drive efficiency in the bidding process.
  • Develop and maintain performance metrics for supplier relationships.
  • Collaborate with cross-functional teams and stakeholders to support institutional objectives.
  • Ensure adherence to internal guidelines and maintain high standards of respect and professionalism.

Benefits

  • Comprehensive medical, dental, vision, and life insurance options.
  • Access to short- and long-term disability and flexible spending accounts.
  • Retirement plans and tuition assistance available.
  • Discounts and group rates for voluntary benefits.
  • Medical insurance access for all colleagues, including part-time and per diem.
Full Job Description

Number of Positions In Requisition

1

Job Details

Lead the creation, execution and management of comprehensive sourcing strategies for clinical supply and service categories that ensure lowest total cost of ownership through managed demand, utilization, and optimal pricing. Negotiate, benchmark, implement, and monitor large scale acquisitions, contracts, and product portfolios to ensure Jefferson. takes full advantage of value based, state of the art equipment, devices, and opportunities for a group of categories which may include IT, Marketing, Facilities, HR Services, Legal, Travel, and other categories.

Lead cross-functional project teams and develop and leverage supplier partnerships, Jefferson Health System relationships, and group purchasing organization (GPO) contracts to meet business requirements to create sustainable solutions that maximize cost effectiveness for the institution and support its strategic direction.

Job Description

Essential Functions

  • Interacts with co-workers, visitors, and other staff consistent with the values of Jefferson.
  • Supports partnerships with aligned departments and builds relationships at Associate Vice President, Director, or Manager level. Helps Develops and executes strategic sourcing plans across a sub-group of product and service categories that appropriately factor departmental needs alongside institutional challenges and directives
  • Manages, on average, $50-$100M in annual spend
  • Deliver, at a minimum, $5M 6 $8Ma0 annually in budget-impact cost savings and avoidance
  • Manages all stages of sourcing process from situation analysis, business requirements gathering, market research and intelligence, strategy creation, request for proposal, negotiation, award, implementation, and budgetary compliance
  • Initiates bid process and utilizes eSourcing technology to increase value delivery and increase efficiency of the bidding process. Analyzes responses, awards business, develops contracts and engages appropriately with Jefferson and vendor legal departments to implement, monitors vendor performance post-award through structured and well-defined supplier relationship management
  • Supports strategic supplier relationships through establishment and measurement of KPIs and other performance measures to deliver enterprise-wide cost optimization and maintain focus on pioneering, innovate products and services
  • Responds appropriately and proactively to customer needs and supports departmental, hospital, and university initiatives.
  • Highly organized, self motivated decision-maker working with minimal supervision and able to manage multiple priorities.
  • Conforms to and follows all internal directions and guidelines established for the Department by the Associate Vice President Strategic Sourcingand Vice President for Strategic Sourcing and Value Analysis.
  • Treats all patients, visitors, co-workers, and/or customers with sensitivity, dignity, and respect.

Minimum Education and Experience Requirements:

Education:

  • Bachelors Degree in business is required. Masters Degree is preferred.

AND

Experience:

  • Five to seven years progressively responsible experience in purchasing, contract management, or materials management setting
  • Must have Fortune 500, Pharmaceutical, IT, FMCG, CPG, Consulting or equivalent industry experience

Minimum Certifications, Registration or License Requirements:

  • C.P.M. from the Institute for Supply Management, Inc. or a CMRP certification from the Association for Healthcare Resource & Materials Management of the American Hospital Association is preferred.

Work Shift

Workday Day (United States of America)

Worker Sub Type

Regular

Employee Entity

Thomas Jefferson University

Primary Location Address

1101 Market, Philadelphia, Pennsylvania, United States of America

Benefits

Jefferson offers a comprehensive package of benefits for full-time and part-time colleagues, including medical (including prescription), supplemental insurance, dental, vision, life and AD&D insurance, short- and long-term disability, flexible spending accounts, retirement plans, tuition assistance, as well as voluntary benefits, which provide colleagues with access to group rates on insurance and discounts. Colleagues have access to tuition discounts at Thomas Jefferson University after one year of full time service or two years of part time service. All colleagues, including those who work less than part-timea0(including per diema0colleagues, adjunct faculty, and Jeff Temps), have access to medical (including prescription) insurance.

For more benefits information, please click

About Society of Hospital Medicine

Society of Hospital Medicine is a healthcare company that provides assistance and support in medicine branches. The company comprises of an online marketplace which provides its users with apparel and accessories, publications, learning portal, and practice management products. It is located in the United States and was founded by Win Whitcomb.

Society of Hospital Medicine Careers

There has never been a better time to explore the diverse job opportunities at the Society of Hospital Medicine—the leading association dedicated to promoting exceptional care for hospitalized patients.

Work You’ll Do

Join the Society of Hospital Medicine’s influential team to assist healthcare professionals in enhancing their skills and advancing their careers in hospital medicine. Transform healthcare practices with the brightest minds at the Society of Hospital Medicine, where innovation meets profound industry expertise and leadership in hospital medicine. Lead from a unique position in the healthcare sector, at the nexus of medical expertise, leadership development, and innovative healthcare solutions. Engage with a dedicated team of professionals to help members navigate their career growth in hospital medicine. Collaborate with a vast network of hospital medicine experts – a community dedicated to clinical excellence and improving patient outcomes.

Introducing the Society of Hospital Medicine Career Development

The team is crafting a leading career development program to assist healthcare professionals in mastering their career trajectory within hospital medicine.

Do Innovative Work

Join an expansive network of professionals at the forefront of hospital medicine, where cutting-edge innovation and dedicated expertise converge to advance healthcare.

Drive Innovative Healthcare

Deliver targeted solutions and professional growth opportunities through a depth and breadth of resources and training that are unmatched in the field.

Be Part of a Great Team

Work with a wide range of medical technologies and leverage the unparalleled capabilities, extensive network, and collaborative environment of the Society of Hospital Medicine.

Future-Proof Your Career

Advance as far as your ambition takes you with limitless opportunities to grow your career supported by unmatched training, development, and certification resources.

Explore

Discover how members are leading the way in hospital medicine, transforming patient care, and enhancing operational efficiency in healthcare settings.

The Society of Hospital Medicine Leadership and Diversity Initiative

The combined efforts in leadership training and diversity initiatives help members excel in their roles and lead transformation in hospital medicine. Members across the globe look to the Society of Hospital Medicine for strategies and solutions that drive innovation and excellence in healthcare.

Stay Connected

Join the Team

Search open positions that match your skills and interests. The Society of Hospital Medicine seeks passionate, curious, creative, and solution-driven team players. SEARCH HOSPITAL MEDICINE JOBS

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