At Owens & Minor, we are a critical part of the healthcare process. As a Fortune 500 company with 350+ facilities across the US and 22,000 teammates in over 90 countries, we provide integrated technologies, products and services across the full continuum of care. Customers—and their patients—are at the heart of what we do.
Our mission is to empower our customers to advance healthcare, and our success starts with our teammates.
Owens & Minor teammate benefits include:
Medical, dental, and vision insurance, available on first working day
401(k), eligibility after one year of service
Employee stock purchase plan
Tuition reimbursement
Job Summary - Develops and implements enterprise-wide sourcing strategies. Owns sourcing strategy for assigned areas. Manages the strategic sourcing process for Kitting and Raw Materials, from supplier/product evaluation to negotiating contracts and compliance monitoring. Coordinates and manages the ongoing supplier management process. Maintains an up-to-date understanding of enterprise needs, relevant industries, and best practices for strategic sourcing. Manages commodity and strategic sourcing efforts and relationships. Successfully liaise between the site locations and corporate to implement updates to raw material qualifications as needed to support business initiatives and sourcing strategy.
The anticipated pay range for this role is as follows: $120k-140k annually. The actual compensation offered may vary based on job related factors such as experience, skills, education and location.
Core Responsibilities -
Performs market research on assigned categories and commodities.
Support eSourcing Initiatives and manage the contract lifecycle.
Identifies qualified suppliers for participation in sourcing events.
Leads (or assist with) contract negotiations using a variety of techniques, including multi-round competitive bidding Request for Information processes; manages and facilitates cross-functional teams in the pursuit of corporate procurement categories; maintains the highest degree of ethical standards and adherence to Owens & Minor policies in the conduct of corporate procurement projects.
Monitors significant developments among suppliers, i.e. financial results, management turnover, and product line strategies.
Provides training and tools to business users and internal customers to support procurement processes.
Provides management and administrative support for technology tools that support the supplier and contract management processes.
Networks externally to facilitate competitive intelligence: best practices, emerging/potential sources of competitive advantage, market pricing, etc.
Works with internal customers and business units to formulate short to long-term sourcing strategies for external suppliers/service providers.
Develops effective working relationships with key decision makers/influencers, line of business executives, and subject matter experts.
Monitors supplier compliance with established agreements to include service levels, outages or other unusual events, customer satisfaction levels, supplier responsiveness, accuracy and timeliness of invoices, and invoice processing efficiency.
Monitors organizational compliance with established vendor agreements, including adherence to contract terms, meeting requirements for self-audit and true-up, and timeliness of invoice payment.
Tracks and reports savings for assigned categories.
Runs queries in financial systems and interprets data and results to help Owens & Minor to make vital business decisions as part of the sourcing process.
Performs spend analysis based on several different sources of information/data.
Prepares financial models and presents results to sourcing teams and internal customers.
Works independently to analyze enterprise-wide current spend and suppliers used through the Accounts Payable, Travel & Expense, wire transfers, corporate procurement cards, and other financial systems.
Reviews paper and electronic invoices to understand and un-bundle the current pricing of goods and services into parts, such as purchase prices, discounts, implementation charges, and add-on fees.
Analyzes spending patterns and all associated costs relative to the total cost of ownership related to goods and services.
Understands and develops volume, growth patterns, and assumptions necessary for sourcing any individual category.
Reviews and analyzes supplier responses at each round and identifies areas for clarification, i.e., incomplete information, comparing specific and total pricing.
Analyzes procurement processes for inefficiencies, gaps, and ineffectiveness, making recommendations to management regarding opportunities for improvement; leads, partners, or consults on implementing sanctioned changes or modifications.
Takes advantage of opportunities to increase utilization of e-procurement tools.
Performs additional duties as directed.
Qualifying Experience -
Bachelor’s degree required; master’s degree preferred.
7 or more years of experience in procurement and negotiation of indirect goods and services or in business areas related to assigned procurement categories (sourcing, healthcare, logistics, warehouse operations, inventory management, etc.)
CPM, CPIM, and CPSM certifications preferred.
Or an equivalent combination of education and experience to meet the above requirements.
Solid knowledge of procurement and asset management
International regulatory experience/exposure preferred.
Broad understanding of corporate procurement internal customer’s area of business: facilities, HR, legal, travel, etc.
Fundamental understanding of financial systems data, accounting processes, and e-procurement technologies
Broad understanding of major corporate suppliers
Experienced with presenting and selling ideas at multiple levels.
Demonstrated success in leading cross-functional teams.
Strong analytical and negotiation skills
Demonstrated ability to conduct Requests for Procurement and Request for Information processes.
Demonstrated ability to conduct competitive bidding processes in an unbiased and ethical manner.
Ability to read and write contracts and agreements.
Strong project management skills
Proficient with MS Office products (Excel, Word, PowerPoint)
Understands principles of accounting, including the ability to read and analyze financial statements of suppliers.
Financial analysis skills, including the ability to prepare complex financial models by evaluating alternatives.
Superior interpersonal, communication, and conflict-resolution skills
Highly developed analytical and critical thinking skills
Excellent networking skills
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If you feel this opportunity could be the next step in your career, we encourage you to apply.
Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran, or any other status prohibited by applicable national, federal, state or local law.