Strategic Sourcing and Value Analysis Program Manager

FMOLHS; Baton Rouge (LA); On-site; USD 85,000 - 120,000; Full time

Job summary

A regional healthcare organization in Baton Rouge is seeking a Strategic Sourcing and Value Analysis Program Manager. The role focuses on optimizing supplies and services by driving value and leading negotiations with vendors. Candidates should have 5 years of experience in strategic sourcing or procurement. A Bachelor’s Degree is required, or equivalent experience. This full-time position offers competitive benefits and a day shift schedule.

Qualifications

• 5 years of experience in strategic sourcing, procurement, value analysis, or project management.
• Bachelor's Degree OR combination of education and relevant experience (4 additional years if only HS Diploma).

Responsibilities

• Drive best value for supplies and services.
• Lead system-wide value analysis team in the area of expertise.
• Actively negotiate with vendors.

Skills

Strategic sourcing

Procurement

Value analysis

Project management

Negotiation

Education

Bachelor's Degree or combination of education and relevant experience

Job description

Strategic Sourcing and Value Analysis Program Manager

The Strategic Sourcing and Value Analysis Program Manager is responsible for driving the best triple aim value for supplies and services by leading change with their stakeholders and by actively negotiating with vendors. The best value is based on optimizing our triple aim goals of patient experience, quality outcomes, and total cost. This is accomplished by using data to lead stakeholders from senior executives/physicians to department leaders through an engaging, collaborative process. For their given subject matter area, each Strategic Sourcing/Value Analysis Program Manager will be responsible for the performance and maintenance of their contract portfolio.

Responsibilities

Drive best value for supplies and purchased services

• Explicitly consider and optimize the triple aim goals of improved patient experience, improved quality outcomes, and reduced total cost
  • Patient experience example metrics are inpatient days avoided, pain score improvement, speed to diagnosis, etc
  • Quality outcomes example metrics are infections prevented, readmissions avoided, patient falls avoided, etc
  • Total cost includes both the “fully-landed” bedside cost to use and utilization of the supply or service over that life of the product or service
• Pursue standardization to reduce variation and drive value
• Monitor and maintain/improve GPO contract compliance to deliver sustainable value over time
• Respond to market, supply, and service disruption by engaging end users and suppliers for acceptable alternate products and services

Lead change in the product/service category

• Lead system-wide value analysis team(s) in the area of expertise
• Engage and lead organization (senior leaders, physicians, clinicians, department leaders) through a structured product evaluation and conversion process by collaborating with the various stakeholders
• Responsible lifecycle of contracts in the subject matter area
  • Initiation, implementation including Oracle item management, and timely renewal or termination
  • Contract monitoring to ensure value is realized
• Conduct business reviews with key vendors to ensure both goal alignment and vendor performance

Actively negotiate with vendors

• Understand, engage, and align internal stakeholders in preparation of vendor negotiation
• Identify best alternative(s) to a negotiation agreement (BATNA) prior to negotiation to establish both boundaries and options
• Use both internal and external benchmarking (where available) to drive data driven negotiations

Qualifications

5 years Strategic sourcing, procurement, value analysis, or project/program management

Bachelor's Degree OR combination of education and relevant experience (4 additional years if only HS Diploma)

• Job Identification 44133
• Job Category Materials_Management
• Job Shift Day
• Job Function Supply Chain
• Worker Type Employee
• Regular or Temporary Regular
• Requisition Schedule Full-Time
• Hours of Schedule (e.g. M-F 8a-5p) M-F 8a-5p
• Department Supply Chain Management-FMOL Health System
• FMOLHS Company Code Franciscan Missionaries of Our Lady Health System Inc