Versiti is a fusion of donors, scientific curiosity, and precision medicine that recognize the gifts of blood and life are precious. We are home to the world-renowned Blood Research Institute, we enable life saving gifts from our donors, and provide the science behind the medicine through our diagnostic laboratories. Versiti brings together outstanding minds with unparalleled experience in transfusion medicine, transplantation, stem cells and cellular therapies, oncology and genomics, diagnostic lab services, and medical and scientific expertise. This combination of skill and knowledge results in improved patient outcomes, higher quality services and reduced cost of care for hospitals, blood centers, hospital systems, research and educational institutions, and other health care providers. At Versiti, we are passionate about improving the lives of patients and helping our healthcare partners thrive.

This position requires a self-starter with ability to multi-task and manage a high-volume workload with minimal supervision. The Senior Sourcing Specialist acts as the key contact and subject matter expert for all sourcing activities, particularly contract review and ownership of contract life management cycle. Identifies, develops, and manages a preferred supply base that aligns with Versiti strategies and goals. Provides strategic sourcing vision, decision making and strong focus on exceptional customer service. Develops strategic supplier relationships that create true partnerships to collectively achieve Versiti spend and demand management goals.

Benefits
Versiti provides a comprehensive benefits package based on your job classification. Full-time regular employes are eligible for Medical, Dental, and Vision Plans, Paid Time Off (PTO) and Holidays, Short- and Long-term disability, life insurance, 7% match dollar for dollar 401(k), voluntary programs, discount programs, others.

• Takes overall responsibility for the strategic sourcing management goals of Versiti and implements action items to ensure that those goals are achieved
• Develops and drives sourcing strategies and projects across Versiti to achieve aggressive cost savings targets and diverse supplier spend goals
• Forms strong relationships with internal customers to facilitate communication of cost saving opportunities and collaborative benefits of proposed product/service conversions
• Creates and administers RFI, RFP, RFQ processes to gather information, evaluate proposals, and recommend suppliers. This includes analyzing data, presenting to upper management, contract development, negotiation, execution and organized handoff to implementation team
• Delivers positive financial results by developing TCO (total cost ownership) models to monitor and generate long term cost benefits
• Collaborates with leadership to administer the contract management process by using mechanisms such as review meetings with legal counsel and end user(s) to secure the most advantageous terms for Versiti while mitigating risk; regular reporting to track milestones, status and performance; and timely communication with executive leaders regarding contract details and requests for execution
• Participates in and/or leads continuous improvement of related business processes. Oversight of supplier issues with pricing, quality, and service or system connectivity
• Demonstrates a customer-focused, service-based approach of working with stakeholders and suppliers to provide a culture of customer service excellence
• Coordinates supplier QBRs to ensure terms adherence and supplier performance. Jointly work with the Quality Department and Service Line to regularly monitor and track performance of strategic supply partners
• Performs other duties as required or assigned which are reasonably within the scope of the duties in this job classification
• Understands and performs in accordance with all applicable regulatory and compliance requirements
• Complies with all standard operating policies and procedures

Education

• Bachelor's Degree in supply chain management, business administration, or relevant field required

Experience

• 3-5 years purchasing/sourcing experience required
• 1-3 years Project management specifically with leading cross functional project teams preferred
• 1-3 years Paralegal experience desired

Knowledge, Skills and Abilities

• Extensive contract review and lifecycle management experience required
• Exposure to Contract Life Management software required
• Proficient in supplier negotiation with the ability to structure, evaluate and execute large scale bids/RFP’s required
• Highly effective in developing relationships to facilitate dispute resolution and driving change in supplier behaviors required
• Customer focus to provide high value in delivering contracting services internally and externally required
• Ability to gather, extract and analyze data quickly and accurately to drive/support informed decisions required
• Strong judgment and quantitative decision-making skills required
• Effective communication with all levels of stakeholders including executive leadership required

Licenses and Certifications

• Relevant professional certifications (e.g., Supply Chain or Legal related) desired

Tools and Technology

• Microsoft Suite (Word, Excel, PowerPoint) required
• ERP (Oracle) system, Contract Management software desired