Sourcing Consultant

Baystate Health; Springfield (MA); Hybrid; USD 131,000 - 178,000; Full time

Benefits offered by this job

Excellent compensation

Generous PTO

401k/403b with company match

Continuing education reimbursement

Wellbeing programs

Job summary

Baystate Health is seeking a Strategic Consultant for Supply Chain to lead strategic sourcing initiatives across complex categories. The role emphasizes negotiation, contract lifecycle management, and cross-functional collaboration with business units, finance, and legal to realize total cost savings.

The position requires 8+ years in strategic sourcing or procurement, a Bachelor's in Supply Chain or Business, and a strong background in ERP/e-Procurement systems.

Qualifications

• 8+ years of experience in Strategic Consulting or Procurement.
• Bachelor's degree in Supply Chain or Business preferred.
• MBA preferred is a plus with relevant experience.

Responsibilities

• Strategic category sourcing with data-driven spend analysis.
• Develop and implement sourcing strategies for complex categories.
• Lead negotiations and contract development with suppliers.
• Partner with business units to meet cost, quality and service goals.
• Monitor market trends and drive continuous procurement improvements.
• Collaborate with Legal to ensure binding terms and conditions.
• Drive savings realization and supplier performance management.
• Drive continuous improvements and support supplier diversity and sustainability objectives.

Skills

Strategic sourcing

Negotiation

Cross-functional collaboration

Analytical skills

Cost savings

Microsoft Excel

Education

Bachelor's degree in Supply Chain or Business

MBA preferred

CMRP certification preferred

Tools

ERP (Procure to Pay)

e-Procurement

Sourcing systems/tools

Microsoft Word

Microsoft PowerPoint

Microsoft Visio

Microsoft Project

Job description

At Baystate Health we respect the privacy of our candidates and recruits. Please note that we will not contact candidates directly to ask for personal information over the phone, such as date of birth, social security number, or any other private financial information. Learn More

Baystate Health, a nationally recognized leader in healthcare quality and safety, and home to Baystate Medical Center (BMC),and the region's only level 1 trauma center, providing services throughout western Massachusettsis looking for a Strategic Consultant for Supply Chain.

QUALIFICATIONS:

• Bachelor's Degree in Supply Chain or Business preferred.
• 8+ years of experience in Strategic Consulting or Procurement

SCHEDULE:

• Fulltime 40 hours per week Monday-Friday
• Hybrid opportunity

LOCATION:

• Onsite Springfield, MA or Holyoke, MA

THE ADVANTAGES OF WORKING WITH BAYSTATE!

• Excellent Compensation High-quality, low-cost medical, dental and vision insurance
• Generous PTO with scheduled earned increases
• Continuing education support and reimbursement
• Farm Share Memberships
• 403b retirement company match & annual company contribution increase based on years of service
• Free money coach advice from a certified professional
• Wellbeing programs that include but are not limited to mental, physical, and financial health
• Pet, home, auto and personal insurance
• Life insurance
• Reimbursement for a variety of wellbeing activities, included but limited to gym membership and equipment, personal trainer, massage and so much more!
• Wellbeing programs that include but are not limited to mental, physical, and financial health

Summary:

This position is responsible for the timely and cost-effective strategic sourcing of complex goods and/or services. This position advises and guides business units regarding the application and integration of procurement philosophies and techniques to meet the needs of identified internal customer requirements using a global category view. This individual is responsible for sourcing, negotiating, contracting, and purchasing complex categories by influencing teams with various levels of employees and management to leverage buying power and recommend appropriate procurement strategies and tactics to obtain desired results. Extensive interaction with Business Units, Leadership, Finance, Legal, and suppliers is required to ensure that total costs are identified and optimal savings are realized in executing a contract. Goods and services are reviewed by this position and managed across the company for all locations.

Job Description

• Strategic category sourcing, through the development of category strategies based on rigorous analysis of spend data, supply market dynamics, category intelligence, and business requirements.
• Products' continuous supply and quality drive cost savings and cost avoidance and support strategic, innovative technologies.
• Interfacing with and managing business units for assigned strategic sourcing area(s).
• Partnering with key stakeholders to build influence, evaluate, and challenge the status quo.
• Working with business units to plan and set targets for sourcing activity for assigned complex categories.
• Regularly monitoring the market for category-leading practices and demand/supply shifts such as supply consolidation, technology innovations, etc.
• Identifying options for reverse auctions in category strategies.
• Working on complex sourcing initiatives requires high technical, market impact, and supply base competence.
• Actively setting, leading, and driving the sourcing team and timeline for all assigned sourcing initiatives.
• Leading the entire contract life cycle from Request for Proposal to supplier exit to meet the organization's cost, quality, and service expectations for assigned categories.
• Analyzing supplier proposals and facilitating fact-based supplier selection processes; preparing recommendations for leadership.
• Leveraging market data, external expert resources, spend analytics, and cost modeling to drive fact-based decision-making.
• Preparing and presenting business cases and should-cost models; performing complex data analysis and building financial models (i.e., ROI, supplier scorecards, savings tracking, make vs. buy decision models).
• Developing and executing negotiation strategies to maximize total value and minimize risks.
• Working with legal to ensure proper representation and enforcement of binding terms and conditions.
• Ensuring savings are delivered promptly and achieving the realization of expected benefits.
• Ensuring high-quality customer service, including conducting sourcing analysis and addressing sourcing-related questions and problems.
• Driving continuous improvements.
• Supporting supplier diversity and sustainability goals by explaining them and advocating for diverse suppliers and sustainable options when they are viable.
• Dynamic influencing, communication, and facilitative skills across cultures and geographies.
• Strong understanding of technical, business, and commercial concepts.
• Solid analytical and problem-solving skills and external focus.
• Excellence in supplier negotiation and both internal and external communication.
• Proactive collaborator in a matrix organization.
• Desire to achieve assigned results in a fast-paced environment and be a change agent.
• Fluency with the 7-Step Strategic Sourcing Process, including tools and their application to the Process.
• Ability to build and lead teams attaining cross-functional consensus.

Required Experience

8+ years of:

• Experience in the facilitation and negotiating of contracts.
• Developing, initiating, and managing sourcing strategies with tactical processing capabilities.
• Building/leading/influencing effective cross-functional teams.
• Managing diverse stakeholder interests and expectations.
• Building strategic supplier relationships.
• Team interaction and project management experience.
• Effectively communicating (verbal and written) with a wide range of customers and team members.
• Application of supply chain management and business process reengineering practices.
• Process redesign and improvement.
• Knowledge of corporate services industry market trends and dynamics
• Demonstrated capability in strategically sourcing corporate services and/or commodities.
• Corporate services strategy development, process change management, and implementation.
• Facilitating day-to-day operational and strategic objectives.
• Personal Computing, including Microsoft Excel, Word, PowerPoint, Visio, and Project.
• ERP (Procure to Pay preferred), e-Procurement, and sourcing systems/tools.
• Identifying and implementing sourcing objectives and goals that support organizational strategies.
• Problem-solving, financial, and analytical process skills.

Education

Required:Bachelor's degree (BA/BS) in Supply Chain or Business.

Preferred: Master's degree (MBA).

Certification Preferred

CMRP

Education

Bachelors Degree (Required)

Compensation

Note: The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range. Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees.

Minimum – Midpoint – Maximum

$130,977.00 – $150,550.00 – $178,048.00