Principal - Spend Management

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 act as a provider expert who champions, leads, and coordinates all spend management activity through the spend management delivery team’s account planning/work plan process in alignment with the engagement commitments/KPIs.

Responsibilities:

• Accountable for delivering against financial guarantees and savings targets for holistic engagement.

• Facilitate, at minimum, monthly meetings to coach and coordinate all spend management delivery team members, fostering alignment with provider priorities.

• Host, at a minimum, monthly provider stakeholder meetings at the strategic level across spend management categories to understand provider problems and align Vizient solutions to help solve, drive value, and grow the Vizient-Provider relationship and communicate engagement updates.

• Develop strategic relationships and partnerships across all spend categories to influence how the provider thinks about engaging with Vizient as a strategic partner.

• Interpret and leverage data gained from Vizient analytics tools that generate spend. management insights and intelligence, enabling provider performance improvement.

• Communicate to internal and external stakeholders proactively and effectively, to ensure the appropriate level of communication and visibility is achieved in a timely manner.

• Build strong relationships with the providers to ensure successful delivery of results and high member satisfaction with Vizient.

• Demonstrate national and defined territory expert knowledge of industry trends and the competitive landscape.

• Manage supplier relationships in relation to spend management engagement in partnership with category managers.

Qualifications:

• Relevant degree required. Master’s degree preferred.

• 10 or more years of relevant work experience in the healthcare industry is required.

• Consulting, Group Purchasing Organization (GPO), or healthcare distribution experience is strongly preferred.

• Ability to influence supply chain executives and develop relationships vertically and horizontally.

• Proven track record in delivering performance improvement results.

• Experience leveraging analytics into scalable solutions, creating, and facilitating presentations to clients.

• Demonstrate strategic thinking combined with strong analytical and problem-solving skills.

• Willingness to travel to New Jersey.

Estimated Hiring Range:

$187,800.00 - $293,400.00

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.