Senior Sourcing Executive

Vizient, Inc; Chicago (IL); Hybrid; USD 99,000 - 156,000; Full time

Benefits offered by this job

Hybrid work model

Incentive eligible

Comprehensive benefits

Job summary

Vizient, Inc. is seeking a skilled Negotiator and Sourcing leader to drive complex contract negotiations and manage the full sourcing lifecycle across healthcare categories.

This hybrid role requires collaboration with Legal, Finance, and clients to deliver measurable value and risk mitigation. You will lead opportunities from RFP design to implementation, guiding executive-level discussions with clarity and confidence.

Qualifications

• Relevant degree preferred.
• 5 or more years of experience in drafting, redlining, and negotiating complex terms and conditions.
• Experience with IT Contracting/Sourcing highly preferred.
• Proven ability to lead complex sourcing initiatives.
• Strong analytical, financial, and problem‑solving abilities.
• Exceptional verbal communication and presentation skills, which are critical for facilitating supplier discussions, clearly articulating contract changes, and ensuring alignment among internal stakeholders and clients throughout the sourcing and negotiation process.
• Proficiency in Microsoft Office.
• Ability to manage multiple priorities in a fast‑paced, matrixed environment.

Responsibilities

• Lead negotiation of complex contract terms and conditions and structure innovative solutions that meet client needs.
• Partner with Legal to draft, refine, and validate contract language for accuracy, compliance, and risk mitigation.
• Manage the full sourcing lifecycle, including opportunity assessment, RFP design, bid evaluation, supplier selection, and implementation support.
• Develop sourcing strategies based on spend analysis, market trends, benchmarking, and supplier dynamics.
• Identify and propose cost‑savings initiatives grounded in financial analysis and market intelligence.
• Oversee contract maintenance, including amendments, renewals, compliance evaluation, and performance monitoring.
• Use analytical tools and contracting platforms to support workflow efficiency, documentation accuracy, and savings tracking.
• Present negotiation updates, sourcing strategies, risks, and recommendations to clients and internal leadership.
• Build and maintain strong partnerships with clients, suppliers, and internal stakeholders.
• Communicate complex strategies and negotiations clearly and effectively to executive‑level audiences.

Skills

Negotiation

Analytical skills

Communication

Sourcing leadership

Problem solving

Education

Relevant degree preferred

Tools

Microsoft Office

Job description

When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary: In this role, you will lead high-impact sourcing and contracting strategies that reduce spend, enhance operational efficiency, and deliver measurable value for clients. You will guide complex negotiations—drafting, redlining, and shaping sophisticated contract terms in partnership with Legal—while managing the full sourcing lifecycle across diverse healthcare categories. You will influence outcomes with strategic insight, market intelligence, and strong judgement, serving as a trusted adviser to clients and internal teams. And if you are new to healthcare, you will still thrive here—this role is designed for exceptional negotiators who excel in complex discussions, think critically, and lead with confidence.

Responsibilities

• Lead negotiation of complex contract terms and conditions and structure innovative solutions that meet client needs.
• Partner with Legal to draft, refine, and validate contract language for accuracy, compliance, and risk mitigation.
• Manage the full sourcing lifecycle, including opportunity assessment, RFP design, bid evaluation, supplier selection, and implementation support.
• Develop sourcing strategies based on spend analysis, market trends, benchmarking, and supplier dynamics.
• Identify and propose cost‑savings initiatives grounded in financial analysis and market intelligence.
• Oversee contract maintenance, including amendments, renewals, compliance evaluation, and performance monitoring.
• Use analytical tools and contracting platforms to support workflow efficiency, documentation accuracy, and savings tracking.
• Present negotiation updates, sourcing strategies, risks, and recommendations to clients and internal leadership.
• Build and maintain strong partnerships with clients, suppliers, and internal stakeholders.
• Communicate complex strategies and negotiations clearly and effectively to executive‑level audiences.

Qualifications

• Relevant degree preferred. Business, Supply Chain, Legal Studies, Healthcare Administration, or related field preferred.
• 5 or more years of experience in drafting, redlining, and negotiating complex terms and conditions.
• Experience with IT Contracting/Sourcing highly preferred.
• Proven ability to lead complex sourcing initiatives.
• Strong analytical, financial, and problem‑solving abilities.
• Exceptional verbal communication and presentation skills, which are critical for facilitating supplier discussions, clearly articulating contract changes, and ensuring alignment among internal stakeholders and clients throughout the sourcing and negotiation process.
• Proficiency in Microsoft Office.
• Ability to manage multiple priorities in a fast‑paced, matrixed environment.

This role follows a hybrid work model, requiring three days per week in the office. Office locations include Irving, TX; Chicago, IL; and Centennial, CO. Willingness to travel. #LI-AC1

Estimated Hiring Range: At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances.

The current salary range for this role is $88,900.00 to $155,500.00. This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

Equal Opportunity Employer: Females/Minorities/Veterans/Individuals with Disabilities The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

Working at Vizient means shaping the future of healthcare, every day. Alongside our clients, we're building a healthier, more human healthcare system. We connect people, data, and solutions to enable healthcare organizations to improve financial sustainability, enhance system performance, and deliver better care.

Headquartered in Irving, Texas, with 11 offices across the United States, Vizient has more than 5,000 employees who bring deep expertise and a shared commitment to transforming healthcare.

Through our enterprise of companies, we deliver meaningful impact across the continuum of care: Apexus - The exclusive contractor for 340B Drug Pricing Program, managed by the Health Resources and Services Administration. aptitude - The industry's first online direct contracting market, supporting self‑contracting activity between hospitals and suppliers. Kaufman Hall - Leading healthcare advisory services to support our clients in achieving financial, clinical, and operational excellence. Provista - Proven supply chain partner specializing in extended, diagnostic, and preventive care facilities, including surgery centers, home health, and senior living.

Click here for Vizient Careers Home Page.