Position: Vice President of ProcurementReporting to the Chief Technology Officer, the
Vice President (VP) of Procurement is a senior leadership role responsible for strategically guiding and optimizing the procurement function within the organization. This individual will lead a team dedicated to sourcing, negotiating, and acquiring goods and services while ensuring compliance, cost-effectiveness, and alignment with the organization's goals. The VP will leverage both internal expertise and industry best practices to drive innovation, efficiency, and value across the procurement department.
Responsibilities- Identify, evaluate, and onboard suppliers for a wide range of goods and services.
- Develop and maintain vendor relationships to ensure continuity, reliability, and quality of supply.
- Negotiate favorable pricing, delivery schedules, and payment terms to maximize organizational value.
- Ensure all procurement activities adhere to legal, ethical, and organizational policies and standards.
- Oversee requisition, purchase order, and approval workflows.
- Drive the transition from fragmented systems to streamlined platforms, such as integrating Salesforce for direct ordering and improved process efficiency.
- Manage inventory tracking and fulfillment processes, ensuring optimal stock levels and timely delivery.
- Implement controls in accordance with HIPAA/HITRUST compliance standards and promote cost transparency throughout the supply chain.
- Leverage bulk purchasing and vendor price-breaks to achieve significant cost savings.
- Continuously refine order quantities and purchasing strategies to minimize waste and secure advantageous pricing.
- Manage procurement activities related to patient education communications, including educational materials.
- Process and deliver patient materials, such as Welcome Packets, Care Plans, and Patient Education, promptly.
- Oversee enterprise Return to Sender workflows, including reconciliation of undeliverable patient mail, address validation, and collaboration with data quality teams.
- Collaborate with major internal departments-such as IT, Marketing, Finance, and Clinical Operations-to align procurement strategies that support and further the organization's goals.
- Assess supplier stability and implement contingency plans to mitigate supply chain risks and ensure business continuity.
- Lead the implementation of integrated procurement platforms for real-time visibility and process automation.
- Explore and deploy AI-driven demand forecasting and spend analytics to enhance decision-making and efficiency.
- Expand bulk purchasing programs and negotiate volume discounts with vendors.
- Optimize shipping and fulfillment operations to reduce overhead and improve profitability.
- Identify and onboard alternative suppliers to mitigate risk and strengthen supply chain resilience.
- Engage in strategic sourcing for specialized materials and services.
- Recruit and develop specialized roles such as Supply Chain & Inventory Specialists to enhance operational capacity.
- Upskill team members in areas such as data analytics and compliance to drive continual improvement.
Position Requirements- Bachelor's degree in supply chain management, Business Administration, or a related field.
- Minimum of ten (10) years of progressive experience in procurement, sourcing, supply chain, or related functions, including leadership roles.
- Proven track record in contract negotiation, supplier management, and cost optimization.
- Experience implementing digital procurement solutions and driving process improvements.
- Advanced understanding of compliance standards (e.g., HIPAA), sustainability practices, and risk management.
- Effective verbal and written communication, stakeholder engagement, and team leadership skills.
CompensationThe base salary range for this role is $200,870 to $265,650 and reflects the range of experience and qualifications we may consider. Final compensation will be determined based on geographic location and job-related factors such as experience, skills, education, certifications, and internal compensation considerations. While a larger range is posted, most offers will typically fall within a narrower band based on these factors.
In addition to base salary, this role is eligible for additional compensation, including bonus opportunities and a comprehensive benefits package.
Benefits- Comprehensive Benefits - Medical, dental, and vision insurance, employee assistance program, employer-paid and voluntary life insurance, disability insurance, plus health and flexible spending accounts
- Financial & Retirement Support - Competitive compensation, 401k with employer match, and financial wellness resources
- Time Off & Leave - 20 PTO days, 7 paid holidays, and 1 floating day to make your own, and paid parental leave
- Wellness & Growth - Work life assistance resources, physical wellness perks, mental health support, employee referral program, and BenefitHub for employee discounts