Contracting Specialist
What you will be doing:
The Contracting Specialist assists the Service Line in developing a project plan for assigned product categories, from member need identification to contract execution and management, which includes spend analysis, financial modeling, direct negotiations, internal and external terms and conditions collaboration, presentation creation for Sourcing Committees, and contract management within Premier’s sourcing technology platform. Financial modeling includes supplier spend analyses, tier impact analyses and financial analyses for assigned product categories. The Contracting Specialist provides inputs into the sourcing process and strategy and executes the process on multiple medium to high complexity categories. The Contracting Specialist is mid-tier position in the Contracting organization of Premier, where the individual is provided a support system to grow in the role on an individual and team basis.
This position participates and contributes to performance improvement initiatives and special projects, is focused on leadership and development, and is exposed to various experiential activities that will broaden the individual’s experience and perspective.Responsibility #1– 60%Contracting Core
Sources medium to high complexity product categories
Masters full sourcing process
Masters contract analytics
Ability to negotiate simple Terms and Conditions as directed
Develops and recommends strategies for negotiations
Develops supplier spend analysis, price tier analysis, and recommends tiers for assigned product categories
Support analysis and process to maintain cross reference, product codes, spend intelligence, RFI
Assists or leads the creation of RFPs
Communicates with suppliers
Completes pricing / savings negotiations
Creates PowerPoint presentations that provide succinct and informational messages
Validates the completeness of suppliers product and pricing files
Assists in the development of award recommendations
Assists in the creation of the final contract
Input and manage contract attributes in Passport
Completes ad hoc reports related to contracting
Execute contract amendments and change notices for term changes, tier changes, product additions, price changes
Project Management
Adheres to the milestones and cycle times outlined in product category workplan
Monitors progress of assigned tasks in product category workplan
Identifies and informs management of deviations from product category workplan and timeline and updates systems to reflect status accordingly
Identifies and communicates resource needs on a timely basis to the appropriate level
Ensures accuracy and completeness of own work
Identifies critical issues for risk management with clients and informs management of these critical issues
Participates in sourcing meetings to ensure a seamless integration throughout the sourcing process
Responsibility #2 – 20%Learning and Development
Mentee to Senior Specialist
Ownership of a project or program within team
Actively seeks opportunities to become familiar with the sourcing strategy, to increase knowledge of sourcing terminology and depth of product knowledge
Completes required curriculum work
Active participation in professional memberships and seeks certifications in areas such as CPSM, Lean, Six Sigma
Demonstrates integrity, innovation, accountability and ownership in work
Demonstrates intellectual curiosity, self-motivation, and positive thinking
Responsibility #3 – 10%Special Projects
Successful completion of assigned medium to high complexity projects that broaden knowledge and skillsets
Evaluates special project assignments for efficiency opportunities and escalates findings
Creates and publishes standard work
Completes and maintains special project guides as needed and reviews guides completed by Associate Specialist
Responsibility #4 – 10%Experiential Activities
Exposed to multiple Service Lines and gains experience in sourcing multiple product categories
Enhances strategic supplier relationships
Experience and exposure to various peripheral sourcing teams
Required Qualifications
Work Experience:Years of Applicable Experience - 2 or more yearsEducation:High School Diploma or GED (Required)
Preferred Qualifications
Skills:
Analytics
Financial modeling
Project Management
Term and Conditions
Experience:
Coursework in purchasing or supply chain, healthcare, logistics, materials management, finance, operations, project management, technology, business intelligence tools, leadership training
Active participation in professional memberships such as AHRMM, ACHE, ISM
Volunteer work in activities that advance the supply chain profession
Education:
Bachelor’s degree
CMRP, CPSM, LPN, RN, CNA, SSGB
#LI-KP1Additional Job Requirements:
Remain in a stationary position for prolonged periods of time
Be adaptive and change priorities quickly; meet deadlines
Attention to detail
Operate computer programs and software
Ability to communicate effectively with audiences in person and in electronic formats.
Day-to-day contact with others (co-workers and/or the public)
Making independent decisions
Ability to work in a collaborative business environment in close quarters with peers and varying interruptions
Working Conditions: Air conditioned office spaceTravel Requirements: No travel requiredPhysical Demands: Sedentary: Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves remaining stationary most of the time. Jobs are sedentary if movement is required only occasionally, and all other sedentary criteria are met.Premier’s compensation philosophy is to ensure that compensation is reasonable, equitable, and competitive in order to attract and retain talented and highly skilled employees.
Premier’s internal salary range for this role is $51,000 - $95,000. Final salary is dependent upon several market factors including, but not limited to, departmental budgets, internal equity, education, unique skills/experience, and geographic location. Premier utilizes a wide-range salary structure to allow base salary flexibility within our ranges.Qualified full and part time regular employees also receive access to the following benefits:·Health, dental, vision, life and disability insurance·401k retirement program·Paid time off·Participation in Premier’s employee incentive plans·Tuition reimbursement and professional development opportunities
Premier at a glance:
- Ranked #1 on Charlotte’s Healthiest Employers list for 2019, 2020, and 2022 and 49th Healthiest Employer in America (2022)
- Named one of the World’s Most Ethical Companies® by Ethisphere® Institute for the 16th year in a row
- The only company to be recognized by KLAS twice for Overall Healthcare Management Consulting
Employees receive:
- Perks and discounts
- Access to on-site and online exercise classes
Premier is looking for smart, agile individuals like you to help us transform the healthcare industry. Here you will find critical thinkers who have the freedom to make an impact. Colleagues who share your thirst to learn more and do things better. Teammates committed to improving the health of a nation. See why incredible challenges require incredible people.Premier is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to unlawful discrimination because of their age, race, color, religion, national origin, ancestry, citizenship status, sex, sexual orientation, gender identity, gender expression, marital status, familial status, pregnancy status, genetic information, status as a victim of domestic violence, covered military or protected veteran status (e.g., status as a Vietnam Era veteran, disabled veteran, special disabled veteran, Armed Forces Serviced Medal veteran, recently separated veteran, or other protected veteran) disability, or any other applicable federal, state or local protected class, trait or status or that of persons with whom an applicant associates.
We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. In addition, as a federal contractor, Premier complies with government regulations, including affirmative action responsibilities, where they apply.Premier also provides reasonable accommodations to qualified individuals with a disability or those who have a sincerely held religious belief. If you need assistance in the application process, please reply todiversity_and_accommodations@premierinc.comor contact Premier Recruiting at 704.816.5200.Information collected and processed as part of any job application you choose to submit to Premier is subject to Premier’sPrivacy Policy.
