Director, Strategic Sourcing

Responsible for supervising the strategic sourcing team, interacting with clients and vendors, evaluating and developing procurement strategies to maximize efficiency and minimize cost, and negotiating supplier contracts.


Principal Accountabilities:

1. Proactively collaborates with business partners and stakeholders to lead contract negotiation with suppliers; develops negotiation approaches, fallback positions and acceptable terms and conditions through contract completion and identify key benchmarks to measure contractual arrangements.
2. Development of financial analytics to support commercial term negotiations with performance dashboards and ROI based evaluation tools.
3. Responsible for identification and realization of cost-saving and cost-reduction opportunities and build a culture of long-term savings on procurement costs without compromising supply assurance or quality.
4. Serves as a hands-on leader that understands and performs the daily tactical and strategic functions as necessary.
5. Supports internal and external audit, SOX compliance and due diligence requests as necessary.
6. Responsible for driving continuous improvement in sourcing optimization and procurement transformation.
7. Continually explores new technologies to optimize performance, efficiency, and transparency to stakeholders.
8. Reviews existing contracts and understand business requirements; formulate guidelines and design standard vendor contract protocols.
9. Executes on vendor life-cycle strategy to oversee planning, sourcing and selection of new vendors, manage data for vendor performance and manage vendor off-boarding and transition.
10. Responsible for establishing and maintaining effective partnerships with key stakeholders aimed at identifying, understanding and fulfilling their requirements.
11. Performs other related duties as assigned.

Preferred
1. Master's degree in Business, Finance, Supply Chain Management, Accounting or related field.
2. CPM/CPIM/APICS or similar certification required.

Required
1. Requires a minimum of 10 years of progressively responsible sourcing/vendor management experience with a minimum of 5 years management experience.

2. Demonstrated ability and track record managing, designing and implementing executive level staffing solutions.

 

At Atlantic Health System, our promise to our communities is; Anyone who enters one of our facilities, will receive the highest quality care delivered at the right time, at the right place, and at the right cost. This commitment is also echoed in the respect, development and opportunities we give to our more than 20,000 team members. Headquartered in Morristown, New Jersey, we are one of the leading non-profit health care systems in the nation. Our facilities and sites of care include:

• Morristown Medical Center, Morristown, NJ
• Overlook Medical Center, Summit, NJ
• Newton Medical Center, Newton, NJ
• Chilton Medical Center, Pompton Plains, NJ
• Hackettstown Medical Center, Hackettstown, NJ
• Goryeb Children's Hospital, Morristown, NJ
• CentraState Healthcare System, Freehold, NJ
• Atlantic Home Care and Hospice
• Atlantic Mobile Health
• Atlantic Rehabilitation

We also have more than 900 community-based healthcare providers affiliated through Atlantic Medical Group. Atlantic Accountable Care Organization is one of the largest ACOs in the nation, and we are a member of AllSpire Health Partners.

We have received awards and recognition for  the services we have provided to our patients, team members and communities. Below are just a few of our accolades:

• 100 Best Companies to Work For ® and FORTUNE® magazine for 15 years 
• Best Places to Work in Healthcare - Modern Healthcare
• 150 Top Places to work in Healthcare - Becker's Healthcare
• 100 Accountable Care Organizations to Know - Becker's Hospital Review
• Best Employers for Workers over 50 - AARP
• Gold-Level "Well Workplace": Wellness Council of America (WELCOA)
• One of the 100 Best Workplaces for “Millennials” Great Place to Work® and FORTUNE® magazine
• One of the 20 Best Workplaces in Health Care: Great Place to Work® and FORTUNE® magazine
• Official Health Care Partner of the New York Jets
• NJ Sustainable Business 

Atlantic Health System offers a competitive and comprehensive Total Rewards package that supports the health, financial security, and well-being of all team members. Offerings vary based on role level (Team Member, Director, Executive). Below