Strategic Sourcing Manager

Elevate Ventures, Inc.; Chicago (IL); Remote; USD 110,000 - 160,000; Full time

Job summary

Elevate Ventures, Inc. seeks a Strategic Sourcing Manager to deliver value for health system clients. You will oversee complex laboratory supply chain projects, focusing on lab diagnostics technology, capital equipment, and regulatory considerations. Remote work is offered with eligibility restrictions per state guidance.

The role emphasizes financial analysis for executive decisions, stakeholder engagement, and continuous learning to stay ahead of market changes in clinical lab technology.

Qualifications

• Bachelor's degree in business, engineering or science preferred.
• 3+ years in strategic sourcing, ideally with clinical laboratory spend.
• Experience in end-to-end sourcing, analytics and contract negotiation.
• Proven ability to drive value through process improvements and change management.

Responsibilities

• Partner with clients to identify savings and process improvements.
• Lead sourcing processes, RFPs, supplier selection, negotiation and contracting.
• Manage client relationships, set expectations and drive value realization.
• Maintain knowledge of clinical laboratory technology and market trends.
• Collaborate across service lines to expand opportunities and knowledge.

Skills

Strategic sourcing

Project management

Analytics

Stakeholder management

Contract negotiation

Change management

Education

Bachelor's degree in business/engineering/science

Job description

The Strategic Sourcing Manager is a key player in delivering on Quality, Cost and Growth objectives of our clients. They will provide expertise in and oversight of complex laboratory supply chain projects and initiatives to deliver maximum value creation for our clients. The role focuses mainly on laboratory diagnostic technology and capital equipment, clinical laboratory support services, financial analysis for executive decision support, physician engagement, developments in laboratory technology, and quality and regulatory requirements. They will be part of the strategic sourcing service line, supporting health system clients in collaboration with direct team members as well as other service lines. They will demonstrate the fundamentals in providing excellent client relationship management and driving value.

NOTE: Visa sponsorship is not available for this role.

While this position is remote, hc1 Insights, Inc. does not currently hire or employ new staff members residing in the following states: California, Washington, and Hawaii. We welcome applications from candidates residing in all other U.S. states.

What you'll do:

• Partner with clients to identify and deliver savings, and quality and process improvements in accordance with client and business objectives
• Develop a strong understanding of client's business needs and challenges in order to create, maintain, and refresh the pipeline of opportunities
• Lead competitive sourcing processes, RFPs, supplier selection, capital acquisition, negotiation, financial analysis, and contracting
• Manage client relationships through building trust, communicating clearly, setting and meeting expectations, and applying change management practices
• Build and maintain a strong command of clinical laboratory technology, market changes, and product development, leveraging continuous learning in identifying opportunities at clients
• Leverage colleagues and subject matter experts to identify opportunities, accelerate project execution, and increase technical understanding
• Advance the project management, market intelligence, and technology tools, as well as operational metrics and performance measurement
• Collaborate across service lines to initiate project opportunities at clients across the portfolio and build your own subject matter expertise
• Present subject matter expertise to the wider team to drive understanding and new initiatives
• Promote and secure client engagement extensions, and additional business
• Complete other duties as assigned

Requirements

What you bring:

• Bachelor's Degree in business, engineering, or science major preferred
• 3+ years of experience in strategic sourcing, preferably managing the clinical laboratory spend
• Experience in project management with multiple full lifecycle Supply Chain Strategy engagements
• Success in strategic sourcing and contracts, production planning and capital analysis
• Proficiency in the use of analytics to measure and improve efficiencies and collaboration
• Proven experience in operational improvements, business case development, change management, and performance measurements