Vice President, Procurement and Vendor Strategy

At The Oncology Institute of Hope & Innovation (TOI), we are on a mission to heal and empower patients through compassion, innovation, and state-of-the-art medical care. As a leader in Procurement & Vendor Management, you will play a critical role in advancing this mission by ensuring our clinicians and teams have the resources, technologies, and partnerships needed to deliver world-class care.

Position Summary:

The Vice President of Procurement and Vendor Strategy is responsible for leading the organization’s procurement operations and vendor management strategy. This executive role ensures cost-effective purchasing, strategic sourcing, contract negotiation, and vendor performance optimization across all departments. The VP will drive innovation, compliance, and value creation through strategic partnerships and supply chain excellence.

Key Responsibilities:

Strategic Leadership

• Develop and execute a comprehensive procurement and vendor strategy aligned with organizational goals.
• Lead cross-functional initiatives to optimize sourcing, reduce costs, and improve service delivery.
• Establish procurement policies, procedures, and governance frameworks.

Vendor Management

• Oversee vendor selection, onboarding, performance evaluation, and relationship management.
• Negotiate contracts and service-level agreements (SLAs) to ensure favorable terms and risk mitigation.
• Implement vendor scorecards and continuous improvement programs.

Procurement Operations

• Manage centralized and decentralized purchasing functions across clinical, administrative, and IT departments.
• Ensure compliance with regulatory requirements (e.g., HIPAA, CMS, FDA) and ethical sourcing standards.
• Leverage data analytics to monitor spend, identify savings opportunities, and forecast procurement needs.

Team Development

• Build and lead a high-performing procurement and vendor management team.
• Provide mentorship, training, and career development opportunities.
• Foster a culture of accountability, innovation, and collaboration.

Technology & Innovation

• Evaluate and implement procurement technologies (e.g., ERP systems, e-sourcing platforms).
• Drive digital transformation and automation in procurement processes.
• Collaborate with IT and finance to ensure system integration and data integrity.

Qualifications:

• Bachelor’s degree in Business, Supply Chain Management, or related field (Master’s preferred).
• 10+ years of progressive leadership experience in procurement, vendor management, or supply chain.
• Proven success in strategic sourcing, contract negotiation, and vendor performance management.
• Strong understanding of healthcare regulations and industry dynamics (if applicable).
• Excellent communication, analytical, and leadership skills.
• Experience with ERP systems (e.g., SAP, Oracle) and procurement analytics tools.

Preferred Certifications:

• Certified Professional in Supply Management (CPSM)
• Certified Purchasing Professional (CPP)
• Lean Six Sigma or similar process improvement credentials