Franciscan Missionaries of Our Lady Health System

Strategic Sourcing and Value Analysis Program Manager

Franciscan Missionaries of Our Lady Health System

full-time

Posted on:

Location Type: Hybrid

Location: Baton RougeLouisianaUnited States

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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