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The Strategic Sourcing Specialist plays a critical role in optimizing the procurement and sourcing processes within a healthcare institution. Their primary responsibility is to identify cost-effective and high-quality suppliers, negotiate contracts, and manage supplier relationships to ensure the hospital's procurement needs are met efficiently. Key Responsibilities: Strategic Sourcing: Develop and execute sourcing strategies that align with the hospital's goals and objectives, focusing on cost reduction, quality improvement, and risk mitigation. RFP Management: Lead the RFP process, including drafting RFP documents, defining evaluation criteria, and managing Supplier responses. Ensure compliance with hospital policies and regulatory requirements. Cost Analysis: Analyze costs and pricing structures to identify opportunities for savings and implement cost-effective solutions without compromising quality. Contract Negotiation: Negotiate contracts with suppliers to obtain favorable terms, pricing, and conditions, while ensuring compliance with legal and regulatory requirements. Supplier Management: Identify, evaluate, and manage relationships with suppliers. Monitor and assess supplier performance through key performance indicators (KPIs) and continuous improvement initiatives. Collaboration: Collaborate with various hospital departments, including finance, operations, and clinical teams, to understand their procurement needs and align sourcing strategies accordingly. Market Research: Stay current with industry trends, market dynamics, and technological advancements in healthcare procurement to make informed decisions. Qualifications: Proven experience in strategic sourcing, preferably within a healthcare setting. Strong negotiation, contract management, and vendor relationship management skills. Excellent communication and collaboration skills. Attention to detail and the ability to work well under pressure. Excellent working knowledge of computer software such as Excel, Access, and computerized materials management systems. License/CERT Preferred: Certification by a recognized professional purchasing organization; Certified Purchasing Manager (CPM), Certified Professional Supply Management (CPSM), or Certified Materials and Resource Professional (CMRP) Education: Bachelor's degree in supply chain management, business, or a related field (Master's degree preferred).

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