Healthcare Pharma Sourcing & Contracts Associate

Vizient, Inc.; Irving (TX); Hybrid; USD 60,000 - 101,000; Full time

Job summary

Vizient, Inc. in Irving, TX is seeking a contract and procurement analyst to identify and analyze pharmaceutical contracting trends, support contract lifecycle management, and coordinate with stakeholders across suppliers and customers.

The role emphasizes financial analysis, bid preparation, and market insights, with travel as needed and a hybrid work arrangement at the corporate office.

Qualifications

• Relevant degree preferred.
• No prior experience required.
• Experience in health care preferred.
• Knowledge of the 340B Drug Pricing Program preferred.
• Excellent verbal, written presentation skills.
• Willingness to travel.

Responsibilities

• Support the sourcing team in preparation and delivery of supplier meeting agendas, business reviews for member and supplier meetings, value proposals, and category insights.
• Capture and record information shared during voice of customer engagements to learn stakeholders' requirements, strategic agendas, and tactical direction.
• Support contract lifecycle management initiatives under the direction of sourcing staff.
• Attends supplier meetings, business reviews, and negotiations; may craft agendas and/or review the scorecard for meeting.
• Assist with developing capabilities to formulate bid and negotiation strategies through financial analysis, monitoring health care industry trends, and utilizing database resources, with supervision.
• Assist team in developing business review presentations using existing templates. Support pharmacy bid and negotiation strategy through financial analysis, utilizing database resources, with supervision.
• Communicate key contract changes and enhancements to key stakeholders; Analyze data, conduct basic data interpretation, and create charts to identify opportunities.
• Manage low complexity bids and contract negotiations (e.g., low visibility, utilization, and / or legal issues), with supervision.
• Assists with budgets, forecasts, and revenue plans to measure contract performance against category objectives.
• Serve as contact for legal and compliance teams to ensure compliance with contracting process.

Skills

Verbal communication

Written communication

Presentation skills

Analytical skills

Travel willingness

Healthcare knowledge

Education

Bachelor's degree

Job description

Vizient, Inc. in Irving, TX is seeking a contract and procurement analyst to identify and analyze pharmaceutical contracting trends, support contract lifecycle management, and coordinate with stakeholders across suppliers and customers.

The role emphasizes financial analysis, bid preparation, and market insights, with travel as needed and a hybrid work arrangement at the corporate office.