Senior Sourcing Executive - Capital Budgeting

Vizient; Irving (TX); Hybrid; USD 88,900 - 155,500; Full time

Job summary

Vizient in Irving, TX is seeking a Senior Associate to lead high-impact sourcing and contracting strategies that reduce spend and enhance value for clients. You will guide complex negotiations with Legal, manage the full sourcing lifecycle across healthcare categories, and present recommendations to clients and leadership.

You will rely on market intelligence, financial analysis, and strong judgment to influence outcomes, while collaborating with internal teams.

Qualifications

• 5+ years of relevant experience in sourcing or procurement.
• Experience drafting, redlining, and negotiating complex terms.
• Expertise supporting capital budgeting or procurement initiatives is preferred.
• Strong analytical, financial, and problem-solving abilities.
• Excellent verbal communication and presentation skills.

Responsibilities

• Lead negotiation of complex contract terms and structure innovative solutions.
• Partner with Legal to draft and validate contract language for accuracy and risk mitigation.
• Manage the full sourcing lifecycle from opportunity assessment to implementation.
• Develop sourcing strategies using spend analysis and market trends.
• Identify cost-savings initiatives based on financial analysis and market intelligence.
• Oversee contract maintenance, amendments, renewals, and performance monitoring.
• Present updates and recommendations to clients and leadership.
• Build strong partnerships with clients, suppliers, and internal stakeholders.
• Communicate strategies clearly to executive-level audiences.

Skills

Sourcing

Negotiation

Contract drafting

Analytics

Presentation skills

Microsoft Office

Education

Degree in Business or related field

Tools

Microsoft Office

Job description

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 judgment, 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 relevant experience required.
• Experience supporting capital budgeting, capital equipment planning, capital sourcing, or capital procurement initiatives preferred.
• Expertise in drafting, redlining, and negotiating complex terms and conditions.
• Proven ability to lead complex sourcing initiatives.
• Strong analytical, financial, and problem‑solving abilities.
• Exceptional verbal communication and presentation skills, 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.

Career Framework

Professional - Senior Associate (P3)

Estimated Hiring Range

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

Benefits

Vizient has a comprehensive benefits plan. Benefits can be viewed at http://www.vizientinc.com/about-us/careers.