Participates in the cost-effective strategic sourcing of equipment, supplies, pharmaceuticals, and services from acquisition through disposition in accordance with MHS policy and procedures, contracting strategy and MHS goals. Works collaboratively with service line personnel including the Operating Room to examine procedural data, physician specific spend analytics, category spend and perform market-share analytics. Under the guidance of the Purchasing & Strategic Sourcing Manager, the Strategic Sourcing Analyst has responsibility for item master integrity and maintenance; review, analysis and maintenance of contract prices, taxes, terms and conditions, and other related invoice charges; validation in MMIS to ensure integrity of information used in cost/benefit analysis and vendor profiles to achieve financial savings and support contracting decisions.
Essential Functions and Responsibilities of the Job
Creates, improves role/team standard work that supports MHS policy, Strategic Sourcing principles, and contracting strategy ensuring accurate, comprehensive, efficient item master contract loading, integrity maintenance improvements.
Evaluates contracts for opportunities to improve terms and reduce expenses; recommends contract changes (manufacturer/distributor) and reports results.
Proficiently performs cost/benefit analysis; collects, records, retrieves and efficiently communicates purchased related information.
Ensures appropriate, accurate, and efficient contract validation, execution of LOC/LOP, and respective maintenance procedures at target performance
Ensures all contracts are analyzed with cross-reference to determine the most cost effective suppliers for reduction of overall cost.
Supports and coordinates product conversions with facility, distributor, buyers, contract administrators and strategic sourcing team.
Conducts root cause analysis and effectively problem-solves with all involved and/or all impacted stakeholders.
Ensures all systems and Purchasing and Inventory Control applications are compatible with, and supportive of, the overall information needs of MHS, and remain consistent with the installed base of information systems and in compliance with established architectural standards.
Supports Contract Management team by providing detailed analytics, dashboards and presents opportunities for standardization and cost savings.
Provides service line reporting including analyzing data from various sources and performing performance audits to ensure contract and standardization compliance.
Three years of relevant knowledge and experience with Supply Chain, Purchasing, Contracting, Finance and Contract Analysis
Experience and proficiency with ERP and/or MMIS systems, PeopleSoft preferred
Experience and proficiency interpreting front line data including cost per procedure data and reimbursement
Experience with Category Spend Analytics and Market-share reporting
Advanced level proficiency with spreadsheets, word processing and database applications
Experience with project management, analytical, logical thinking and problem-solving skills
Demonstrated English grammar, spelling and internal/external business-level correspondence proficiency
Requires exceptional poise and tact in presenting and interpreting information in clear, concise and understandable manner
Additional Salary Information: Exempt
At MemorialCare, we believe in providing extraordinary health care to our communities and an exceptional working environment for our employees. MemorialCare stands for excellence in Health Care. Across our family of Medical Centers, we support each one of our bright, talented employees in reaching the highest levels of professional development, contribution, collaboration and accountability. Whatever your role and whatever expertise you bring, we are dedicated to helping you achieve your full potential in an environment of respect, innovation and teamwork.
MemorialCare Long Beach Medical Center is a major regional provider of medical and surgical services. A Magnet®-designated teaching hospital, MemorialCare Long Beach Medical Center and Miller Womens’s and Children’s Hospital have more than 775 beds. We consistently achieve national accolades for our quality care, including ranking as one of “America’s Best Hospitals” for Orthopedics by U.S. News & World Report magazine. Our unique environment allows for a range of medical services, from childhood to adulthood, to be structured under one roof. With our technology, our vision, and especially our talented professionals, we ensure our patients receive the best possible care.