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Clinical Product Sourcing Analyst
Owens & MinorClinical Product Sourcing Analyst supporting sourcing initiatives across clinical product categories for Owens & Minor, a global healthcare solutions company. Engage in analytics, sourcing events, and supplier evaluations.
About the role
Key responsibilities & impact- Perform clinical spend analysis to identify sourcing, standardization, and cost reduction opportunities across assigned product categories.
- Prepare pricing comparisons, utilization analyses, supplier benchmarking, and market basket analyses to support category strategies and identify savings opportunities.
- Support baseline development and savings calculations, including tracking actual vs. expected savings in accordance with value capture standards.
- Analyze distributor, manufacturer, GPO, PO, and AP data to identify pricing variability, cost above average, inflation impacts, SKU proliferation, and contract compliance gaps.
- Conduct opportunity analysis at the contract and category level, including identification of savings opportunities from sourcing events and RFP responses.
- Support clinical sourcing events (RFIs, RFQs, RFPs) by preparing bid structures, supplier lists, evaluation scorecards, and analysis templates.
- Evaluate supplier responses for pricing, service levels, clinical equivalency, and contractual terms, including identification of savings proposals and optimization opportunities.
- Assist Category Managers in developing negotiation scenarios, cost models, and trade-off analyses.
- Document sourcing recommendations and prepare materials for stakeholder and clinical review discussions.
- Support supplier evaluations, including product conversions, supplier performance reviews, and risk assessments.
- Assist with contract documentation, pricing validation, and alignment to sourcing awards.
- Support contract compliance analytics, including product identification, categorization, and tracking adherence to negotiated terms.
- Develop and leverage analytics and dashboards (e.g., Palantir) to deliver insights across pricing, inventory, and sourcing performance.
- Define and validate analytical requirements for financial components such as rebates, fees, and savings tracking.
Requirements
What you’ll need- Bachelor’s degree in Business, Supply Chain, Healthcare Administration, Finance, or a related discipline.
- 4+ years of experience in sourcing, procurement, supply chain analytics, or healthcare related financial analysis.
- Experience supporting competitive sourcing events and supplier evaluations.
- Preferred Experience within healthcare, hospital, or clinical product sourcing environments.
- Exposure to medical surgical, implant, pharmaceutical, or clinical equipment categories.
- Experience working with GPO contracts and manufacturer pricing structures.
- Strong analytical skills with the ability to interpret complex pricing, utilization, and supplier data.
- Understanding of clinical sourcing fundamentals, including standardization, equivalency analysis, and contracting models.
- Proficiency in Excel and spend analytics tools; comfort working with large datasets.
- Ability to interpret commercial contract elements related to pricing, rebates, and compliance.
- Clear written and verbal communication skills; able to translate analysis into actionable insights.
- Strong attention to detail, organization, and time management skills.
- Ability to work independently while collaborating effectively with cross functional teams.
Benefits
Comp & perks- Comprehensive Healthcare Plan - Medical, dental, and vision plans start on day one of employment for full-time teammates.
- Educational Assistance - We offer educational assistance to all eligible teammates enrolled in an approved, accredited collegiate program.
- Employer-Paid Life Insurance and Disability - We offer employer-paid life insurance and disability coverage.
- Voluntary Supplemental Programs – We offer additional options to secure your financial future including supplemental life, hospitalization, critical illness, and other insurance programs.
- Support for your Growing Family – Adoption assistance, fertility benefits (in medical plan) and parental leave are available for teammates planning for a family.
- Health Savings Account (HSA) and 401(k) - We offer these voluntary financial programs to help teammates prepare for their future, as well as other voluntary benefits.
- Paid Leave - In addition to sick days and short-term leave, we offer holidays, vacation days, personal days, and additional types of leave – including parental leave.
- Well-Being – Also included in our offering is a Teammate Assistance Program (TAP), Calm Health, Cancer Resources Services, and discount programs – all at no cost to you.
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
clinical spend analysispricing comparisonsutilization analysessupplier benchmarkingsavings calculationscontract compliancenegotiation scenarioscost modelsdata analysisequivalency analysis
Soft Skills
analytical skillscommunication skillsattention to detailorganizationtime managementcollaborationindependencestakeholder engagementproblem-solvingcritical thinking