Contract & Sourcing Specialist

Children's National Medical Center; Silver Spring (MD); On-site; USD 65,000 - 109,000; Full time

Job summary

Children’s National Hospital in Silver Spring, MD seeks a Contracts and Sourcing Specialist to create, negotiate and manage organization-wide contracts for supplies, services and capital. You will lead RFPs, analyze spend, and partner with Legal and various departments to maximize contract value.

The role requires 3 years in contracting or supply chain with strong negotiation, analytics and stakeholder management skills; a Bachelor's is required and a Master's is preferred.

Qualifications

• Demonstrated skills and abilities in negotiations, problem solving and analytics
• Proven strong communication skills both written and oral.
• Proven organizational skills, ability to plan time effectively, balance multiple assignments, and meet deadlines
• Ability to self initiate and identify improvement opportunities to maximize value in contracts
• Strong interpersonal skills and ability to develop relationships with internal and external stakeholders

Responsibilities

• Proactively analyzes spend data to develop areas for enhancement/new contracting/bidding
• Manages RFP process from bid development to award and post award review of vendor performance.
• Manages GPO and local contracts for reviews, renewals, activations, etc.
• Collaboratively works with departments to centralize and negotiate contracting within Supply Chain.
• Contributes and manages centralized contract database for accuracy of contract records and timeliness of renewals.
• Align with Legal department to assure contractual terms mitigate exposure and risk and comply with CNH Legal policies and procedures.
• Serve as a liaison between department business owner, vendor and Children’s National legal representative to execute contracts that are in the best financial and operational interest of the institution
• Establishes performance metrics/dashboard and business reviews with vendors on a regular basis to ensure vendors are meeting contract obligations.

Skills

Negotiations

Analytics

Communication

Organizational skills

Stakeholder management

Self-initiative

Interpersonal skills

Education

Bachelor's degree

Master's degree in SCM/Healthcare mgmt

Job description

12211 Plum Orchard Drive Silver Spring, MD 20904

Kids Are Our Everything.

Department

10005 Supply Chain Services

Pay Range

$65,124.80 - $108,555.20

The Contracts and Sourcing Specialist is responsible for the creation, negotiation and maintenance of organization-wide contracts for supplies, commodities, services and capital targeted to their specific area(s) of responsibility. Will manage new and existing contracts, facilitate request for proposals (RFPs), conduct competitive bidding, conduct financial and return on investment (ROI) analyses, conduct vendor business reviews, monitor vendor performance and compliance, and oversee contractual relationship with respective department business owner(s) and vendor(s). Will also proactively review spend patterns and market pricing to achieve best financial and operational value through Vendor contracts. The Contract Specialist will work in concert with multiple departments across the organization enterprise to maximize value achieved through vendor contracts and relationships.

Minimum Education

• Bachelor's Degree (Required)
• Master's Degree Supply Chain Management, Business Administration, Healthcare Management or related field (Preferred)

Minimum Work Experience

• 3 years Relevant work experience in contracting, supply chain, or a purchasing function (Required)

Required Skills/Knowledge

• Demonstrated skills and abilities in negotiations, problem solving and analytics
• Proven strong communication skills both written and oral.
• Proven organizational skills, ability to plan time effectively, balance multiple assignments, and meet deadlines
• Ability to self initiate and identify improvement opportunities to maximize value in contracts
• Strong interpersonal skills and ability to develop relationships with internal and external stakeholders

Functional Accountabilities

Contract Management and Requests for Proposals (RFP’s)

• Proactively analyzes spend data to develop areas for enhancement/new contracting/bidding
• Manages RFP process from bid development to award and post award review of vendor performance.
• Manages GPO and local contracts for reviews, renewals, activations, etc.
• Collaboratively works with departments to centralize and negotiate contracting within Supply Chain.
• Contributes and manages centralized contract database for accuracy of contract records and timeliness of renewals.
• Align with Legal department to assure contractual terms mitigate exposure and risk and comply with CNH Legal policies and procedures.
• Serve as a liaison between department business owner, vendor and Children’s National legal representative to execute contracts that are in the best financial and operational interest of the institution
• Establishes performance metrics/dashboard and business reviews with vendors on a regular basis to ensure vendors are meeting contract obligations.

Strategic Sourcing & Negotiations

• Under direction of Strategic Sourcing leadership, collaboratively develops high level sourcing and negotiation strategies via analysis of key cost drivers (price, product, and process), supplier, market, technology profiles, rationalization, and contract optimization.
• Proactively Identifies and presents opportunities for savings based on spend patterns, contract analysis and market pricing.
• Utilizes price benchmarking tools to negotiate and achieve market best pricing.
• Develops and maintains strong relationships with external vendors to maximize contract value and opportunities.

Capital Procurement

• Supports and negotiates capital equipment and total cost of ownership value including associated consumable and service contracts within their respective area(s).
• Facilitates department end user through the Capital Allocation process. Conducts due diligence on all capital purchases including but not limited to financial, operating, facilities and information technology impacts.
• Supports Strategic Sourcing leadership team in managing all capital requests from department business owners.

Value Analysis & Purchasing

• Collaborates with Value Analysis team translating customer needs into sourcing, bidding and negotiation strategies.
• Communicates details and terms of new contracts to facilitate implementation in coordination with clinical impact.
• Collaborates with Purchasing Buyers in contract negotiations and to ensure alignment of purchase orders with contract execution and terms.

The disclosed salary range includes the minimum and maximum rates within which Children’s National believes an individual’s base pay rate will fall for this position. It is not typical for an individual to be hired at or near the maximum of the pay range. The exact pay rate for this position will be based on a variety of factors in alignment with the Children’s National compensation philosophy. These factors are legitimate and non-discriminatory including, but not limited to, the current market conditions; organizational needs; the individual’s combination of prior work experience, level of education, knowledge, skills, and other qualifications. Children’s National is committed to providing a fair and competitive total rewards package to each of our employees. This base salary range does not include our comprehensive benefits package or any additional compensation for which this position may be eligible.

Childrens National Hospital is an equal opportunity employer that evaluates qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender, identity, or other characteristics protected by law. The “Know Your Rights” poster is available here: and the pay transparency policy is available here: Know Your RightsPay Transparency Nondiscrimination Poster.

Please note that it is the policy of Children's National Hospital to ensure a “drug-free” work environment: a workplace free from the illegal use, possession or distribution of controlled substances (as defined in the Controlled Substances Act), or the misuse of legal substances, by all staff (management, employees and contractors). Though recreational and medical marijuana are now legal in the District of Columbia, Children's National and its affiliates maintain the right, in accordance with our policy, to enforce a drug-free workplace, including prohibiting recreational or prescribed marijuana.