
Strategic Sourcing and Value Analysis Program Manager
Franciscan Missionaries of Our Lady Health System
full-time
Posted on:
Location Type: Hybrid
Location: Baton Rouge • Louisiana • United States
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Tech Stack
About the role
- Drive best value for supplies and purchased services
- Explicitly consider and optimize the triple aim goals of improved patient experience, improved quality outcomes, and reduced total cost
- Patient experience example metrics are inpatient days avoided, pain score improvement, speed to diagnosis, etc
- Quality outcomes example metrics are infections prevented, readmissions avoided, patient falls avoided, etc
- Total cost includes both the “fully-landed” bedside cost to use and utilization of the supply or service over that life of the product or service
- Pursue standardization to reduce variation and drive value
- Monitor and maintain/improve GPO contract compliance to deliver sustainable value over time
- Respond to market, supply, and service disruption by engaging end users and suppliers for acceptable alternate products and services
- Lead system-wide value analysis team(s) in the area of expertise
- Engage and lead organization (senior leaders, physicians, clinicians, department leaders) through a structured product evaluation and conversion process by collaborating with the various stakeholders
- Responsible lifecycle of contracts in the subject matter area
- Initiation, implementation including Oracle item management, and timely renewal or termination
- Contract monitoring to ensure value is realized
- Conduct business reviews with key vendors to ensure both goal alignment and vendor performance
- Understand, engage, and align internal stakeholders in preparation of vendor negotiation
- Identify best alternative(s) to a negotiation agreement (BATNA) prior to negotiation to establish both boundaries and options
- Use both internal and external benchmarking (where available) to drive data driven negotiations
Requirements
- 5 years Strategic sourcing, procurement, value analysis, or project/program management
- Bachelor's Degree **OR **combination of education and relevant experience (4 additional years if only HS Diploma)**
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
strategic sourcingprocurementvalue analysisproject managementcontract managementvendor negotiationdata analysisbenchmarkingOracle item management
Soft Skills
leadershipcollaborationcommunicationstakeholder engagementproblem-solving