Vendor Management Office Contracts Analyst III (REMOTE)

Requisition ID:          60198 Title: Vendor Management Office Contracts Analyst III (REMOTE) Division: Arthrex, Inc. (US01) Location: REMOTE Salary Range: Salary Minimum: $75,000.00 Salary Maximum:  $132,250.00

Arthrex is a global medical device company and a leader in new product development and medical education in orthopedics. Arthrex is actively searching for a Vendor Management Office Contracts Analyst III. The selected professional will be developing and managing critical vendor relationships that include professional services. This includes reviewing and negotiating contracts to support Vendor Management Office indirect procurement associated with requirements for goods and professional technical consulting services. These include but are not limited to, consulting and software purchase agreements. Actively partner with legal and business unit stakeholders to develop and execute negotiation strategies that include optimal pricing, service, and quality targets. Provide support and guidance to internal customers pertaining to all agreements. Join our talented team and help us stay focused on Helping Surgeons Treat Their Patients Better™.

 

 

 

Essential Duties and Responsibilities:

• Responsible for Vendor Relationship Management (VRM) including Quarterly Business Reviews (QBR), negotiation, contract compliance, and terminating agreements as required
• Establish and maintain internal and external customer relations
• Manage end-to-end Request for Proposal (RFP) process for assigned verticals
• Consult with business stakeholders to facilitate review of contract scope, terms, service levels, and pricing leading and directing them in vendor and contract management processes
• Perform initial review, analysis, redline, and negotiation of contracts using established Legal, Compliance, Security, and Procurement guidelines to drive contracts through execution while adhering to policies and procedures
• Ensure financial data for purchase requests are accurately accounted for within budget and resource forecasts
• Negotiate contracts to meet stakeholder objectives while achieving maximum overall cost-effectiveness
• Participate in and support the evaluation of vendors through the Vendor Scorecard Process
• Partner with VMO Specialist/Analyst on SAP PREQ and PO processing for contracts
• Manage Contract Lifecycle Management (contract close-out, extension, or renewal, as appropriate) and supporting documents of vendor agreements in Salesforce
• Provide contract-related issue resolution for vendor issues and disputes
• Make recommendations and adhere to procedures for contract management and administration in compliance with Company Policy
• Perform miscellaneous projects as needed to support business units
• Engage in ongoing process improvement strategies to streamline sourcing and procurement to ensure sourcing initiatives are aligned with organizational business plans and performance objectives
• Engage in special projects as assigned

 

 

 

Education/Experience:

• Bachelor’s degree
• 5+ years of relevant work experience required

 

 

Specialized Skills:

• Intermediate to Advanced Microsoft Excel skills (pivot tables, VLookups), PowerPoint, Visio and Word skills
• Strong working knowledge of SAP ERP and Apttus (Subject Matter Expert)
• Problem solving and analytical skills with high attention to detail
• Strong negotiation skills
• Ability to independently manage and resolve vendor disputes

 

 

Additional Duties & Responsibilities:

• Expected to display general working knowledge of contract management body of knowledge
• Gain experience in multi-tasking and prioritizing work
• Able to perform routine transaction processing and standard, repeatable monthly tasks
• Expected to gain and demonstrate full knowledge of assigned verticals
• Ability to independently draft contracts and apply rules that govern contract performance in different situations
• Define, track and report on contract key performance indicators
• Ability to demonstrate and apply critical thinking skills to aid in business decisions
• Strong sense of the practical application of contract principles
• Ability to convey principles with clarity

 

 

Technology Agreements:

• Negotiates and manages contract life cycles, with an emphasis on technology agreements. 
• Works extensively with internal customers, external vendors and legal to ensure effective contract administration, these could include IT management, application managers, project managers, and strategy and planning organizations. Contracts range from End Us