Contract Manager: Strategic Sourcing & Savings

RWJBarnabas Health; Short Hills (NJ); On-site; USD 99,000 - 130,000; Full time

Benefits offered by this job

Paid Time Off (PTO)

Medical and Prescription Drug Coverage

Dental and Vision Insurance

Retirement Plans

Short & Long Term Disability

Life & Accidental Death Insurance

Tuition Reimbursement

Health Care/Dependent Care Flexible SP

Wellness Programs

Discounts Through Partners

Job summary

RWJBarnabas Health in New Jersey is seeking a Contract Manager to oversee a portfolio of medical and non-medical contracts, delivering best value, cost savings, standardization, and supplier performance.

You will lead the full contract lifecycle from sourcing strategy and market analysis through negotiation, execution, renewal and performance management, partnering with clinical leaders, operational stakeholders, suppliers and GPOs to align with organizational goals.

Qualifications

• Bachelor’s degree in a related field or 5+ years of related experience in Contract Administration, Project Management, Vendor Management, Purchasing, or a related area
• Experience managing contracts, suppliers, sourcing initiatives, or purchasing activities
• Strong contract negotiation and supplier relationship management skills
• Experience developing, evaluating, or managing competitive sourcing activities such as RFPs, RFQs, or RFIs
• Knowledge of contract lifecycle management and commercial business terms
• Strong project management skills with the ability to lead cross-functional initiatives from inception through completion
• Ability to analyze pricing, savings opportunities, supplier performance, and contract value
• Strong written, verbal, presentation, and stakeholder management skills
• Ability to manage multiple priorities, deadlines, projects, and contractual activities
• Proficiency with Microsoft Excel, Word, PowerPoint, and Visio

Responsibilities

• Managing a portfolio of medical and non-medical contracts and maintaining current, value-producing agreements
• Leading the full contract lifecycle from sourcing strategy and market assessment through negotiation, execution, renewal, and performance management
• Negotiating pricing, terms, and conditions to drive measurable savings and value
• Drafting, evaluating, negotiating, and executing supplier and pricing agreements directly or through GPO partners
• Developing and managing RFPs, RFQs, and RFIs, including bid strategy, supplier evaluation, and award recommendations
• Leading strategic sourcing initiatives for capital equipment, supplies, and services
• Conducting market and spend analysis to develop category strategies
• Serving as a primary point of contact for complex supplier and contractual matters
• Building strategic relationships with clinicians, operational leaders, stakeholders, and suppliers
• Leading multidisciplinary project teams from strategy through implementation
• Monitoring supplier performance, contract compliance, service levels, savings, and value realization
• Developing dashboards and reports to track KPIs, savings targets, contract performance, and departmental goals
• Presenting sourcing strategies, recommendations, results, and savings opportunities to stakeholders

Skills

Contract management

Strategic sourcing

Vendor management

Project management

Education

Bachelor’s degree

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Visio

Job description

RWJBarnabas Health in New Jersey is seeking a Contract Manager to oversee a portfolio of medical and non-medical contracts, delivering best value, cost savings, standardization, and supplier performance.

You will lead the full contract lifecycle from sourcing strategy and market analysis through negotiation, execution, renewal and performance management, partnering with clinical leaders, operational stakeholders, suppliers and GPOs to align with organizational goals.