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Associate Director Strategic Sourcing

Advocate Aurora Health
AAO Milwaukee - 750 W Virginia St, United Statesfull_timeVerifiedPosted 27 Jun 2024

About the role

Department:

11497 Advocate Aurora Health Corporate - Supply Chain: Corp Strategic Sourcing

Status:

Full time

Benefits Eligible:

Yes

Hours Per Week:

40

Schedule Details/Additional Information:

Remote Work, Monday through Friday. Standard Business Hours.

​​Provides leadership and oversight of assigned sourcing category strategy (may include supplies, services, or capital), leveraging best practices, identifying cost containment opportunities, and standardizing products. Ensures purchasing strategies support Advocate Health’s strategic plan, mitigate risk, maximize efficiency, and achieve cost, quality, and service delivery goals. Aligns functional team strategy to enterprise strategy. ​

MAJOR RESPONSIBILITIES

  • Strategy Development: Leverages strategic sourcing best practices for enterprise across assigned categories. Oversees sourcing strategies such as analyzing market fundamentals, industry data, price benchmarks, cost drivers and trends, key cost variances, and economic forecasting in assigned categories. Categorizes and analyzes spend categories and assesses market and sourcing options to prioritizing areas for maximizing value and cost synergies. 
  • Sourcing Process Management: Establish and manage the end-to-end sourcing process, including supplier identification, qualification, selection, negotiation, and contracting. Ensure compliance with relevant policies, procedures, and regulations. Leads in creating strategies to bring non-contracted products and services under contract, assuring best contract coverage for assigned categories. Consults with Legal on contractual issues concerning proper legal terms and conditions. Ensuring all other relevant departments’ evaluations of contracts are triggered (IT, Data Security, etc.) which can vary by contract type​​​. 
  • Cost Optimization: Identify cost-saving opportunities through comprehensive analysis of utilization, pricing, and contracting. Collaboratively leads stakeholders to enable favorable negotiations on pricing, terms, and conditions with suppliers. Identifies and implements cost containment strategies, such as standardization of products and equipment, utilization controls, and value-based purchasing. Oversees the attainment of maximum savings in total delivered cost of supplies, services, and equipment in assigned categories.  
  • Supplier Relationship Management: Foster strong relationships with suppliers and own supply chain-supplier relationships in assigned categories. Monitor supplier performance, conduct supplier evaluations, and drive continuous improvement initiatives. Collaborate with cross-functional teams to address supplier-related issues and ensure timely resolution. 
  • Cross-functional Collaboration: Work closely with clinical value analysis, finance, supply chain management, and other relevant stakeholders to understand their needs and priorities. Collaborate with these teams to align value analysis strategies with organizational objectives, clinical workflows, and patient care requirements. Develop effective communication channels and engagement strategies to foster collaboration and support decision-making processes. 
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Company

Advocate Aurora Health

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