Senior Sourcing Executive - Clinical Contracts

RXinsider LTD.; Chicago (IL); Hybrid; USD 89,000 - 156,000; Full time

Job summary

Vizient in Chicago, IL seeks a high-impact Sourcing and Contracting Leader to drive strategies that reduce spend and improve operational efficiency across healthcare categories. You will guide negoti­­ations, draft terms with Legal, and manage the full sourcing lifecycle from RFP design to implementation.

The role requires 5+ years in strategic sourcing or healthcare supply chain, strong analytical and communication skills, and the ability to partner with physicians and hospital leadership.

Qualifications

• Relevant degree preferred in Business, Supply Chain, Legal Studies, Healthcare Administration, or related field.
• 5+ years of strategic sourcing, contracting, healthcare supply chain, or related experience.
• Expertise in drafting, redlining, and negotiating complex terms and conditions.
• Ability to lead complex sourcing initiatives with multiple stakeholders including physicians and hospital leadership.
• Strong analytical, financial, and problem-solving abilities.
• Excellent verbal communication and presentation skills for executive-facing discussions.
• Proficiency in Microsoft Office and ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Lead negotiation of complex contract terms and structure innovative solutions.
• Partner with Legal to draft, refine, and validate contract language for accuracy and risk mitigation.
• Manage the full sourcing lifecycle from opportunity assessment to implementation support.
• Develop sourcing strategies using spend analysis, market trends, benchmarking, and supplier dynamics.
• Identify cost-savings opportunities grounded in financial analysis and market intelligence.
• Oversee contract maintenance including amendments, renewals, and compliance evaluation.
• Use contracting tools to support workflow efficiency, documentation accuracy, and savings tracking.
• Present updates and recommendations to clients and internal leadership.
• Build strong partnerships with clients, suppliers, and internal stakeholders.
• Communicate complex strategies clearly to executive audiences.
• Facilitate consensus among physicians, clinicians, and operational leaders for sourcing decisions.

Skills

Strategic sourcing

Contract drafting

Negotiation

Vendor management

Analytical thinking

Stakeholder communication

MS Office

Education

Bachelor's degree or equivalent

Tools

MS Excel

Contract management software

Job description

When you02re the best, we02re 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 negotiations12drafting, redlining, and shaping sophisticated contract terms in partnership with Legal12while 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 advisor to clients and internal teams. This role is designed for exceptional negotiators who excel in complex discussions, think critically, and lead with confidence. While exceptional negotiators from any industry can thrive here, candidates with experience leading sourcing and contracting across complex clinical categories (e.g., PPI, perioperative, capital, laboratory, or pharmacy) and partnering with physicians, clinicians, and hospital executives will be especially well positioned for success.

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.
• Facilitate consensus among physicians, clinicians, and operational leaders to support sourcing decisions, contract adoption, and implementation.

Qualifications

• Relevant degree preferred. Business, Supply Chain, Legal Studies, Healthcare Administration, or related field preferred.
• 5 or more years of relevant experience in strategic sourcing, contracting, healthcare supply chain, or a related field required.
• Expertise in drafting, redlining, and negotiating complex terms and conditions.
• Proven ability to lead complex sourcing initiatives involving multiple stakeholders, including physicians, clinicians, hospital leadership, and supplier partners.
• 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; Centennial, CO; and Chicago, IL.
• 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.