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VP Procurement

Monogram Health
5 hours ago
Full-time
On-site
Nashville, TN, United States
LinkedIn

Position: Vice President of Procurement Reporting to the Chief Technology Officer, the Vice President (VP) of Procurement is a senior leadership role responsible for strategically guiding and optimizing the procurement function within the organization. This individual will lead a team dedicated to sourcing, negotiating, and acquiring goods and services while ensuring compliance, cost-effectiveness, and alignment with the organization's goals. The VP will leverage both internal expertise and industry best practices to drive innovation, efficiency, and value across the procurement department. Responsibilities Identify, evaluate, and onboard suppliers for a wide range of goods and services. Develop and maintain vendor relationships to ensure continuity, reliability, and quality of supply. Negotiate favorable pricing, delivery schedules, and payment terms to maximize organizational value. Ensure all procurement activities adhere to legal, ethical, and organizational policies and standards. Oversee requisition, purchase order, and approval workflows. Drive the transition from fragmented systems to streamlined platforms, such as integrating Salesforce for direct ordering and improved process efficiency. Manage inventory tracking and fulfillment processes, ensuring optimal stock levels and timely delivery. Implement controls in accordance with HIPAA/HITRUST compliance standards and promote cost transparency throughout the supply chain. Leverage bulk purchasing and vendor price-breaks to achieve significant cost savings. Continuously refine order quantities and purchasing strategies to minimize waste and secure advantageous pricing. Manage procurement activities related to patient education communications, including educational materials. Process and deliver patient materials, such as Welcome Packets, Care Plans, and Patient Education, promptly. Oversee enterprise Return to Sender workflows, including reconciliation of undeliverable patient mail, address validation, and collaboration with data quality teams. Collaborate with major internal departments—such as IT, Marketing, Finance, and Clinical Operations—to align procurement strategies that support and further the organization’s goals. Assess supplier stability and implement contingency plans to mitigate supply chain risks and ensure business continuity. Lead the implementation of integrated procurement platforms for real-time visibility and process automation. Explore and deploy AI-driven demand forecasting and spend analytics to enhance decision-making and efficiency. Expand bulk purchasing programs and negotiate volume discounts with vendors. Optimize shipping and fulfillment operations to reduce overhead and improve profitability. Identify and onboard alternative suppliers to mitigate risk and strengthen supply chain resilience. Engage in strategic sourcing for specialized materials and services. Recruit and develop specialized roles such as Supply Chain & Inventory Specialists to enhance operational capacity. Upskill team members in areas such as data analytics and compliance to drive continual improvement. Position Requirements Bachelor’s degree in supply chain management, Business Administration, or a related field. Minimum of ten (10) years of progressive experience in procurement, sourcing, supply chain, or related functions, including leadership roles. Proven track record in contract negotiation, supplier management, and cost optimization. Experience implementing digital procurement solutions and driving process improvements. Advanced understanding of compliance standards (e.g., HIPAA), sustainability practices, and risk management. Effective verbal and written communication, stakeholder engagement, and team leadership skills. Compensation The base salary range for this role is $200,870 to $265,650 and reflects the range of experience and qualifications we may consider. Final compensation will be determined based on geographic location and job-related factors such as exper…

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