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New

Sourcing Executive

Vizient, Inc.
United States, Minnesota, Rochester
May 01, 2025

When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

In this role, you will be a strategic sourcing resource, dedicated to delivering best in class contracting strategies and expertise in the Medical Device space that result in supply chain cost reductions. This position will support the medical device portfolio for both the Mayo Clinic and Captis and will be located onsite in Rochester, MN. You will accomplish this by contributing in all aspects of supply chain strategic sourcing processes including opportunity identification, strategy building, contract development, negotiations, documentation, and implementation. You will develop a customer-specific contract strategy to reduce spending, improve operational efficiencies, maximize delivered value and ultimately achieve a higher level of member satisfaction by becoming a trusted advisor.

Responsibilities:

  • Improve existing agreements by interpreting financial analysis and market trends to formulate contract strategy recommendations for Mayo Clinic and Captis.

  • Recommend strategy improvements utilizing financial analysis and market data.

  • Communicate successes, opportunities for improvements and challenges to Mayo Clinic leadership and hospital stakeholders.

  • Negotiate and work with suppliers on specific terms and conditions while maintaining best pricing.

  • Develop project plans to meet savings goals.

  • Conduct ongoing price monitoring and contract maintenance to ensure relevant pricing.

  • Maintain strong business relationships with manufacturers across all product lines.

Qualifications:

  • Relevant degree, either in business or healthcare related field preferred; MBA, a plus.

  • 2 or more years of relevantexperience in marketing, sales or contract management required.

  • Strong supply chain and/or healthcare provider background is preferred.

  • Healthcare contracting experience preferred.

  • Strong relationship building and strategic partnering skills.

  • Ability to understand and conduct financial analysis and quantitative/qualitative assessment of data.

  • Willingness to travel.

Estimated Hiring Range:

At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $135,400.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

Equal Opportunity Employer: Females/Minorities/Veterans/Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

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