Principal Sourcing Officer
Vanderbilt University Medical CenterDiscover Vanderbilt Health : With eight hospitals and over 180 clinics, we are the region’s largest comprehensive academic health system. Vanderbilt Health has a long tradition of providing world-class care to the people of the Mid-South, living out our mission of moving medicine forward through preeminent programs in patient care, education and research. Here you’ll find a spirit of collaboration and a supportive community where your expertise is valued, your knowledge expanded and your uniqueness celebrated. We are committed to fostering an environment where talented, compassionate people are united in bringing the most advanced care to our neighbors throughout the region. Organization: SC Collaborative Sourcing Job Summary: Job Summary Provides leadership in ensuring all approved products are purchased under cost effective contracts. Identifies and coordinates all opportunities for contracting of new and existing equipment, supplies and services. Evaluates products and vendors. KEY RESPONSIBILITIES Manages existing contracts and supplier relations for complex areas and products. Negotiates complex contracts for continued cost savings and reliability. Performs financial analysis and needs assessment for purchases and products to include consideration related to total cost impact. Identifies any and all forms of cost savings opportunities utilizing benchmarking data. Communicates purchasing strategies to the buyers. The responsibilities listed are a general overview of the position and additional duties may be assigned. TECHNICAL CAPABILITIES Sourcing (Advanced): Discovering qualified candidates through a network of talent. Communication (Advanced): Clearly, effectively and respectfully communicates to employees or customers. Contract Negotiations (Advanced): Demonstrates an understanding of negotiating skills such as building trust, gaining commitment, managing the opposition and maintaining goodwill. Realizes the need for mutual concessions and accommodations and negotiates with others for resources, actions or buy-in to maximize collaborative outcomes. Purchasing (Advanced): Understands the concepts behind supplier relations and supply chain management. Handles supplier-related activities, requests for pricing, and purchases of goods and services while ensuring appropriate costs, schedules, quality, deliveries, terms, and conditions. Our professional administrative functions include critical supporting roles in information technology and informatics, finance, administration, legal and community affairs, human resources, communications and marketing, development, facilities, and many more. At our growing health system, we support each other and encourage excellence among all who are part of our workforce. High-achieving employees stay at Vanderbilt Health for professional growth, appreciation of benefits, and a sense of community and purpose. Core Accountabilities: Organizational Impact: Delivers projects/assignments that have a direct impact on goals/objectives of the unit/department that the job is in. Problem Solving/ Complexity of work: Conducts extensive analysis of situations or data to resolve numerous, complex issues; may involve the input/work of others. Breadth of Knowledge: Has in-depth level of knowledge within a professional area and working knowledge of other areas. Team Interaction: May lead mid-sized projects; coaches and guides team members. Core Capabilities : Supporting Colleagues: - Develops Self and Others: Invests time, energy, and enthusiasm in developing self/others to help improve performance e and gain knowledge in new areas. - Builds and Maintains Relationships: Maintains regular contact with key colleagues and stakeholders using formal and informal opportunities to expand and strengthen relationships. - Communicates Effectively: Recognizes group interactions and modifies one's own communication style to suit different situations and audiences. Delivering Excellent Service: - Serves Others with Co…