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Contracts Manager

Boston, MA 02215 - 5450

Posted: 08/29/2023 Employment Type: Contract Job Category: Procurement/Supply Chain Job Number: 579022 Is job remote?: Yes Country: United States

Job Description

The Strategic Sourcing and Contract Manager is responsible for working proactively and collaboratively with business leaders to align supply chain priorities with the goal of enabling clinical, research, operations and broader organizational priorities. The Strategic Sourcing and Contract Manager is responsible for end-to-end procurement activities and value delivery including analysis, Strategic Sourcing and Contract management, strategic sourcing strategy development, business planning, sourcing, contract negotiations, implementation and management of internal business partner relationships.  The role includes the review, analysis and documentation of trends in spending, competition, market economics and other factors for strategic categories.  These plans are critical elements of an effective and efficient Supply Chain organization in that they provide the foundation for opportunity identification and initiative prioritization, increase actively-engaged spending, improve procurement and business efficiency, and result in expanded impact.  Responsibilities:
  • Identify, lead, and execute spend category and supply strategies that maximize market and supplier opportunities and leverage our cross-organizational requirements
  • Work with key business partners to identify and prioritize sourcing initiatives and/or contract negotiations that enable business priorities, reduce our total cost (TCO), and mitigate supply chain risk
  • Facilitate cross-organizational communications and opportunity optimization
  • Manage Requests for Information (RFI) and Proposal (RFP) from suppliers, competitive bidding events (auctions), supplier proposal reviews and negotiations with suppliers
  • Analyze opportunities, supplier proposals using both quantitative and qualitative methods
  • Collaborate with corporate legal services to identify supplier negotiation strategies and to review and execute contracts, including amendments, extensions, terminations, renewals and new agreements
  • Periodically review and analyze supply chain to ensure supplier base is consistent with corporate responsibility goals, including sustainability and diversity
  • Evaluate the utilization of the products we use post implementation
  • Work with Group Purchasing Organizations (GPOs) as necessary to align supply approach with appropriate category strategies.
  • Implement process improvements; increase operational efficiencies, ensure data accuracy, compliance, and positive customer experience
  • Evaluate spending and vendors to identify and execute strategic sourcing initiatives, contract negotiations, and additional sourcing and category management activities 
  • Act as a supply chain advisor with key stakeholders
  • Manage stakeholder engagement (internal and external) throughout the initiative, effectively delegating activities and tasks to drive process to completion
  • Provide periodic updates, report on progress and expected results to business area leadership
  • Coordinate contracting process for agreements through Legal, Risk, IT, Finance, Contract Managers, and other impacted business functions as determined to represent the business needs of each function in order for decisions to be made by Business leadership
  • Analyze and continuously monitor market and industry data to ensure programs remain competitive throughout the agreement period- create competitive advantage
  • Leverage process teams, applications and tools to identify best approach for handling operational transactions to lower administrative costs, add accountability, controls and drive efficiency
Skills and Competencies:  
  • Bachelor’s degree in business, finance, supply chain, economics, contract law
  • Certified Professional in Supply Management (C.P.S.M. or CMRP) preferred.
  • 5 to 7 years of equivalent or related experience
  • Knowledge and experience in sourcing, negotiating, contracting, analysis, project management and leading an area in implementing new supplier agreements/programs.  Healthcare experience a plus
  • Ability to build strong relationships with internal and external stakeholder
  • Strong written and spoken communication and presentation skills
  • Systems: MS Office proficiency specifically Excel and PowerPoint, familiarity with procurement systems including Peoplesoft, Oracle ERP, RFX/Auctioning technology, GHX, Prodigo, etc.
  • Problem solving, critical thinking & analytical skills
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