Director Strategic Sourcing

At Virtua Health, we exist for one reason – to better serve you. That means being here for you in all the moments that matter, striving each day to connect you to the care you need. Whether that's wellness and prevention, experienced specialists, life-changing care, or something in-between – we are your partner in health devoted to building a healthier community. 
 
If you live or work in South Jersey, exceptional care is all around. Our medical and surgical experts are among the best in the country. We assembled more than 14,000 colleagues, including over 2,850 skilled and compassionate doctors, physician assistants, and nurse practitioners equipped with the latest technologies, treatments, and techniques to provide exceptional care close to home. A Magnet-recognized health system ranked by U.S. News and World Report, we've received multiple awards for quality, safety, and outstanding work environment.

In addition to five hospitals, seven emergency departments, seven urgent care centers, and more than 280 other locations, we're committed to the well-being of the community. That means bringing life-changing resources and health services directly into our communities through our Eat Well food access program, telehealth, home health, rehabilitation, mobile screenings, paramedic programs, and convenient online scheduling. We're also affiliated with Penn Medicine for cancer and neurosciences, and the Children's Hospital of Philadelphia for pediatrics.

Location:

Stow - 20 W Stow Rd

Remote Type:

On-Site

Employment Type:

Employee

Employment Classification:

Regular

Time Type:

Full time

Work Shift:

1st Shift (United States of America)

Total Weekly Hours:

40

Additional Locations:

Job Information:

Summary:

Develops and directs system-wide Strategic Sourcing for Virtua’s $2.3 billion operating revenue-based system.  Ensures high-quality, cost effective software, IT hardware, materials, medical supplies, implants  and services are available as required.  Possesses the skills needed to respond to crises interrupting supply chain operations by developing creative approaches in sourcing vendors and negotiating contracts to ensure there is no disruption to clinical operations or other organizational functions.  Effectively manages vendor relationships.  Supports or leads both clinical and non-clinical resource management projects. Collaborates with senior management, physicians, other clinicians, and the legal department on strategic and operational initiatives including value analysis product review and approval. Executes planning, implementation and optimization of the Supply Chain enterprise resource planning (ERP) software systems automation, contract life cycle and monitoring of KPIs for Sourcing.  Collaborates with senior management, physicians, other clinicians, and the legal department on strategic and operational initiatives.

Position Responsibilities:

Planning and execution of Virtua’s strategic initiatives as they relate to Strategic Sourcing / Contract management.  Initiatives include Virtua’s group purchasing organization (GPO) relationship development and compliance management, vendor relationships, Supply Chain ERP and other software systems upgrades & functionality, acquisitions, divestitures, etc.  Has the ability to be flexible and creatively adapt quickly to extraordinary circumstances.

Department operations: hiring and training of staff, reviewing and updating policies and procedures, oversight of procurement card transactions, ongoing education of staff, etc.  Ensures a high level of colleague engagement.

Reporting and management of Key Performance Indicators – Pricing  Discrepancies, Contract Status, timely renewals, etc. 

Supports and engages with senior leaders, physicians and other clinicians on system-wide contracting initiatives and value analysis product review and approval committees.  Also, collaborate with or leads the Value Analysis and Distribution Center team on resolution of backordered supply issues by facilitating contracts with alternate vendors, supplier relationship management and other efforts to mitigate service interruption, etc.

Manages the department’s operational budget.  Maximizes rebates and GPO share backs eligible to Virtua, tracking and measuring accordingly.

Oversees and manages annual Business Plans and Financial Impact Report savings reporting (actual vs. planned).

Responsible for review and approval of all Contracts and ensures their compliance with Virtua policies and procedures.

Position Qualifications Required / Experience Required:

8 years progressively responsible experience in Purchasing and Healthcare Resource Management. Three years' leadership experience required. In depth knowledge of accepted Purchasing concepts and practices. Experience in Contract management, bid processes and analysis. Understanding of contract law and ability to understand contract language and create contract documents.

PC skilled and experience in Windows-based environment. Materials Management Information System experience is required.

Required Education:
Bachelor’s degree required.

Training/Certifications/Licensure:

Valid driver's license may be required.

Annual Salary: $117,575 - $188,672 The actual salary/rate will vary based on applicant’s experience as well as internal equity and alignment with market data.

This position is eligible to participate in one of Virtua’s annual incentive compensation plan (AICP). The amount is subject to the terms and conditions of the plan document. Virtua offers a comprehensive package of benefits for full-time and part-time colleagues, including, but not limited to: medical/prescription, dental and vision insurance; health and dependent care flexible spending accounts; 403(b) (401(k) subject to collective bargaining agreement); paid time off, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, colleague and dependent life insurance and supplemental life and AD&D insurance; tuition assistance, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

For more benefits information click here.