Senior Sourcing Executive - Capital Budgeting

Vizient, Inc.; Chicago (IL); On-site; USD 88,900 - 155,500; Full time

Benefits offered by this job

Incentive eligible

Comprehensive benefits plan

Job summary

Vizient, Inc. is seeking a senior sourcing and contracting professional to lead high-impact strategies that reduce spend and improve operational efficiency within healthcare categories.

The role requires strong negotiation, drafting, and leadership across the full sourcing lifecycle, including collaboration with Legal and internal teams. A hybrid work model is in place, with offices in several locations, and travel may be required.

Qualifications

• Relevant degree preferred (Business, Supply Chain, Legal Studies, Healthcare Administration, or related).
• 5+ years of relevant experience required.
• Experience supporting capital budgeting, capital equipment planning, capital sourcing or capital procurement 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 for facilitating supplier discussions and alignment.
• Ability to manage multiple priorities in a fast-paced, matrixed environment.

Responsibilities

• Lead negotiation of complex contract terms and structure innovative solutions meeting 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-saving 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 to executive-level audiences.

Skills

Negotiation

Financial analysis

Stakeholder management

Presentation skills

Communication

Education

Relevant degree (Business, Supply Chain, Legal, Healthcare Admin)

Tools

Microsoft Office

Job description

Summary

In this role, you will lead high-impact sourcing and contracting strategies that reducespend, 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, andvalidatecontract language for accuracy, compliance, and risk mitigation.
• Manage the full sourcing lifecycle, including opportunity assessment, RFP design, bid evaluation, supplierselection, and implementation support.
• Develop sourcing strategies based on spend analysis, market trends, benchmarking, and supplier dynamics.
• Identifyand 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 andmaintainstrong 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 experiencerequired.
• Experience supporting capital budgeting, capital equipment planning, capital sourcing, or capital procurement initiatives preferred.
• Expertisein 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, which are critical forfacilitatingsupplier discussions, clearly articulating contract changes, and ensuring alignment among internal stakeholders and clients throughout the sourcing and negotiation process.
• Proficiencyin 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.

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:

http://www.vizientinc.com/about-us/careers

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.