About the role

  • Lead Strategic Sourcing at Carelon Global Solutions optimizing supplier strategies and managing procurement. Responsible for developing sourcing strategies and building strong supplier relationships to support organizational goals.

Responsibilities

  • Develop Sourcing Strategies: Design and implement strategic sourcing plans that align with the company's goals and objectives, ensuring cost-effective procurement of materials and services.
  • Supplier Management: Identify, evaluate, and manage a diverse supplier base. Foster long-term partnerships and conduct regular performance assessments to ensure supplier quality and reliability.
  • Cost Optimization: Analyze market trends and pricing fluctuations to negotiate favorable terms and pricing with suppliers, achieving cost-saving initiatives without compromising quality.
  • Stakeholder Collaboration: Work closely with cross-functional teams, including operations, finance, and product development, to understand their sourcing needs and ensure alignment with procurement strategies.
  • Risk Management: Identify potential risks in the supply chain and develop mitigation strategies to safeguard business operations and continuity.
  • Contract Negotiation: Lead contract negotiations and ensure compliance with company policies and legal requirements. Draft and manage contractual agreements for goods and services.
  • Data Analysis: Utilize data insights to monitor supplier performance, track sourcing effectiveness, and drive decision-making based on quantitative analysis.
  • Continuous Improvement: Champion continuous improvement initiatives within the procurement process, driving innovation and efficiency in sourcing activities.

Requirements

  • BA/BS/Bachelor Degree
  • 7+ years of experience in sourcing/supplier selection with at least 4 years' experience with negotiation of pricing and contract terms and conditions; or any combination of education and experience, which would provide an equivalent background.
  • Healthcare Industry experience is preferred.
  • Strong analytical skills and proficiency in data analysis tools and software.
  • Excellent negotiation, communication, and interpersonal skills.
  • Experience with contract management and supplier performance evaluation.
  • Knowledge of industry trends and market dynamics.
  • Ability to work collaboratively in a team-oriented environment.

Benefits

  • Extensive focus on learning and development
  • An inspiring culture built on innovation, creativity, and freedom.
  • Holistic well-being
  • Comprehensive range of rewards and recognitions
  • Competitive health and medical insurance coverage
  • Best-in-class amenities and workspaces
  • Policies designed with associates at the center.

Job title

Lead Strategic Sourcing

Job type

Experience level

Senior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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