What you will be doing:
The Contracting Specialist assists the Service Line in developing a project plan for assigned product categories, from member need identification to contract execution and management, which includes spend analysis, financial modeling, direct negotiations, internal and external terms and conditions collaboration, presentation creation for Sourcing Committees, and contract management within Premier’s sourcing technology platform. Financial modeling includes supplier spend analyses, tier impact analyses and financial analyses for assigned product categories. The Contracting Specialist provides inputs into the sourcing process and strategy and executes the process on multiple medium to high complexity categories. The Contracting Specialist is mid-tier position in the Contracting organization of Premier, where the individual is provided a support system to grow in the role on an individual and team basis. This position participates and contributes to performance improvement initiatives and special projects, is focused on leadership and development, and is exposed to various experiential activities that will broaden the individual’s experience and perspective.
Responsibility #1– 60%
Contracting Core
- Sources medium to high complexity product categories
- Masters full sourcing process
- Masters contract analytics
- Ability to negotiate simple Terms and Conditions as directed
- Develops and recommends strategies for negotiations
- Develops supplier spend analysis, price tier analysis, and recommends tiers for assigned product categories
- Support analysis and process to maintain cross reference, product codes, spend intelligence, RFI
- Assists or leads the creation of RFPs
- Communicates with suppliers
- Completes pricing / savings negotiations
- Creates PowerPoint presentations that provide succinct and informational messages
- Validates the completeness of suppliers product and pricing files
- Assists in the development of award recommendations
- Assists in the creation of the final contract
- Input and manage contract attributes in Passport
- Completes ad hoc reports related to contracting
- Execute contract amendments and change notices for term changes, tier changes, product additions, price changes
- Project Management
- Adheres to the milestones and cycle times outlined in product category workplan
- Monitors progress of assigned tasks in product category workplan
- Identifies and informs management of deviations from product category workplan and timeline and updates systems to reflect status accordingly
- Identifies and communicates resource needs on a timely basis to the appropriate level
- Ensures accuracy and completeness of own work
- Identifies critical issues for risk management with clients and informs management of these critical issues
- Participates in sourcing meetings to ensure a seamless integration throughout the sourcing process
Responsibility #2 – 20%
Learning and Development
- Mentee to Senior Specialist
- Ownership of a project or program within team
- Actively seeks opportunities to become familiar with the sourcing strategy, to increase knowledge of sourcing terminology and depth of product knowledge
- Completes required curriculum work
- Active participation in professional memberships and seeks certifications in areas such as CPSM, Lean, Six Sigma
- Demonstrates integrity, innovation, accountability and ownership in work
- Demonstrates intellectual curiosity, self-motivation, and positive thinking
Responsibility #3 – 10%
Special Projects
- Successful completion of assigned medium to high complexity projects that broaden knowledge and skillsets
- Evaluates special project assignments for efficiency opportunities and escalates findings
- Creates and publishes standard work
- Completes and maintains special project guides as needed and reviews guides completed by Associate Specialist
Responsibility #4 – 10%
Experiential Activities
- Exposed to multiple Service Lines and gains experience in sourcing multiple product categories
- Enhances strategic supplier relationships
- Experience and exposure to various peripheral sourcing teams
Required Qualifications
Work Experience:
Years of Applicable Experience - 2 or more years
Education:
High School Diploma or GED (Required)
Preferred Qualifications
Skills:
- Analytics
- Financial modeling
- Project Management
- Term and Conditions
Experience:
- Coursework in purchasing or supply chain, healthcare, logistics, materials management, finance, operations, project management, technology, business intelligence tools, leadership training
- Active participation in professional memberships such as AHRMM, ACHE, ISM
- Volunteer work in activities that advance the supply chain profession
Education:
- Bachelor’s degree
- CMRP, CPSM, LPN, RN, CNA, SSGB
Additional Job Requirements:
- Remain in a stationary position for prolonged periods of time
- Be adaptive and change priorities quickly; meet deadlines
- Attention to detail
- Operate computer programs and software
- Ability to communicate effectively with audiences in person and in electronic formats.
- Day-to-day contact with others (co-workers and/or the public)
- Making independent decisions
- Ability to work in a collaborative business environment in close quarters with peers and varying interruptions
Working Conditions: Air conditioned office space
Travel Requirements: No travel required
Physical Demands: Sedentary: Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves remaining stationary most of the time. Jobs are sedentary if movement is required only occasionally, and all other sedentary criteria are met.
Premier’s compensation philosophy is to ensure that compensation is reasonable, equitable, and competitive in order to attract and retain talented and highly skilled employees. Premier’s internal salary range for this role is $51,000 - $95,000. Final salary is dependent upon several market factors including, but not limited to, departmental budgets, internal equity, education, unique skills/experience, and geographic location. Premier utilizes a wide-range salary structure to allow base salary flexibility within our ranges.
Qualified full and part time regular employees also receive access to the following benefits:
- Health, dental, vision, life and disability insurance
- 401k retirement program
- Paid time off
- Participation in Premier’s employee incentive plans
- Tuition reimbursement and professional development opportunities
Premier at a glance:
- Ranked #1 on Charlotte’s Healthiest Employers list for 2019, 2020, and 2022 and 49th Healthiest Employer in America (2022)
- Named one of the World’s Most Ethical Companies® by Ethisphere® Institute for the 16th year in a row
- The only company to be recognized by KLAS twice for Overall Healthcare Management Consulting
Employees receive:
- Perks and discounts
- Access to on-site and online exercise classes
Premier is looking for smart, agile individuals like you to help us transform the healthcare industry. Here you will find critical thinkers who have the freedom to make an impact. Colleagues who share your thirst to learn more and do things better. Teammates committed to improving the health of a nation. See why incredible challenges require incredible people.
Premier is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to unlawful discrimination because of their age, race, color, religion, national origin, ancestry, citizenship status, sex, sexual orientation, gender identity, gender expression, marital status, familial status, pregnancy status, genetic information, status as a victim of domestic violence, covered military or protected veteran status (e.g., status as a Vietnam Era veteran, disabled veteran, special disabled veteran, Armed Forces Serviced Medal veteran, recently separated veteran, or other protected veteran) disability, or any other applicable federal, state or local protected class, trait or status or that of persons with whom an applicant associates. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. In addition, as a federal contractor, Premier complies with government regulations, including affirmative action responsibilities, where they apply.
Premier also provides reasonable accommodations to qualified individuals with a disability or those who have a sincerely held religious belief. If you need assistance in the application process, please reply to diversity_and_accommodations@premierinc.com or contact Premier Recruiting at 704.816.5200.
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