Sourcing Specialist, Principal Oakland, CA
Job description
JOB DESCRIPTION
Your Role
The Sourcing Specialist is responsible for the management and execution of the enterprise sourcing process including supporting the business in making effective sourcing decisions. This person executes and delivers value through strategic, operational and transactional sourcing initiatives working in partnership with the assigned Blue Shield Business Unit(s).
Your work
In this role you will:
- Manage relationship with business unit and act as a trusted advisor and provide leadership through sourcing strategy advice and consultation to best achieve the business strategy and objectives
- Capture and aggregate business requirements for sourcing support requested. Build and execute Procurement plan with Business Units
- Analyze business unit demand and support overall capacity planning and alignment. Capture/Define demand forecasts and annual budget and provide supplier/market insights as part of business unit plans
- Provide guidance to Business partners and seek alignment to influence spend and cost savings through vendor rationalization and driving economies of scale
- Analyze the supply market to identify best sources for acquisition of goods and services
- Manage RFx process - Manage vendor selection and qualification through a competitive bid process for goods and/or services
- Lead, structure and guide business partners on complex contracts. Research cost drivers and conduct industry analysis for the development of negotiation strategy. Conduct spend analytics.
- Utilizing contract templates and create contract draft documents that fully encompass the business requirements. Write and negotiate Statements of Work
- Assist the Business in maintaining compliance with all Blue Shield policies regarding contracting and purchasing
- Assist the Business to resolve vendor management issues such as vendor disputes and/or vendor termination. Facilitate vendor risk management, due diligence and on boarding activities
Your Knowledge and Experience
- Requires a bachelors degree or equivalent experience MBA preferred
- Requires at least 10 years of prior relevant experience
- Requires deep knowledge of Sourcing/Supplier Relationship Management area typically obtained through advanced education combined with experience.
- Certified Outsourcing Professional or Certified Professional in Supply Management (CPSM) a plus
- Experience working in the Healthcare or related services industry including and not limited to Financial/Banking industry
- 8 - 10 years of experience in a strategic sourcing/category management and/or business process/services outsourcing sourcing, including experience being in a negotiations role or other relevant experience preferred
- Experience in executing strategic competitive bids with a track record of delivering cost efficiencies and driving a culture of affordability across diverse portfolio of enterprise sourcing activities
- Experience managing and working through tough situations specific to sourcing and contracting processes
- Ability to perform work without appreciable direction and exercise considerable independence in determining objectives and approaches; may direct the work of others and/or act as leader of cross-functional teams
- In-depth knowledge of contractual documents and requirements, risk control programs and business services sourcing and best practice
Pay Range:
The pay range for this role is: $ 136400.00 to $ 204600.00 for California.
Note:
Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.
ABOUT US
At Blue Shield of California we are parents, leader, students, visionaries, heroes, and providers. Everyday we come together striving to fulfill our mission, to ensure all Californians have access to high-quality health care at a sustainably affordable price. For more than 80 years, Blue Shield of California has been dedicated to transforming health care by making it more accessible, cost-effective, and customer-centric. We are a not-for-profit, independent member of the Blue Cross Blue Shield Association with 6,800 employees, more than $20 billion in annual revenue and 4.3 million members. The company has contributed more than $500 million to Blue Shield of California Foundation since 2002 to have a positive impact on California communities. Blue Shield of California is headquartered in Oakland, California with 18 additional locations including Sacramento, Los Angeles, and San Diego. We're excited to share Blue Shield of California has received awards and recognition for LGBT diversity, quality improvement, most influential women in corporate America, Bay Area's top companies in volunteering & giving, and one of the world's most ethical companies. Here at Blue Shield of California, we're striving to make a positive change across our industry and the communities we live in , Join us!
ABOUT THE TEAM
Blue Shield of California’s mission is to ensure all Californians have access to high-quality health care at a sustainably affordable price. We are transforming health care in a way that truly serves our nonprofit mission by lowering costs, improving quality, and enhancing the member and physician experience.
To fulfill our mission, we must ensure a diverse, equitable, and inclusive environment where all employees can be their authentic selves and fully contribute to meet the needs of the multifaceted communities we serve. Our comprehensive approach to diversity, equity, and inclusion combines a focus on our people, processes, and systems with a deep commitment to promoting social justice and health equity through our products, business practices, and presence as a corporate citizen.
Blue Shield has received awards and recognition for being a certified Great Place to Work, best place to work for LGBTQ equality, leading disability employer, one of the best companies for women to advance, Bay Area’s top companies in volunteering & giving, and one of the world’s most ethical companies. Here at Blue Shield of California, we are striving to make a positive change across our industry and the communities we live in – join us!
Our Values:
- Honest . We hold ourselves to the highest ethical and integrity standards. We build trust by doing what we say we're going to do and by acknowledging and correcting where we fall short.
- Human . We strive to be our authentic selves, listening and communicating effectively, and showing empathy towards others by walking in their shoes.
- Courageous . We stand up for what we believe in and are committed to the hard work necessary to achieve our ambitious goals.
COVID-19 Vaccination Policy:
From the earliest days of the pandemic, Blue Shield of California has been unyielding in our commitment to putting the health and safety of our people, our members and our communities first. As a health care company, Blue Shield requires all employees to be up to date with COVID-19 vaccination prior to start date as a condition of employment. Blue Shield will consider requests for medical or religious accommodation to this vaccination requirement prior to your start date.
The definition of "up to date with your COVID-19 vaccine" is when you have received all doses in the primary series and one booster when eligible. If you are unable to be up to date with your COVID-19 vaccine by your start date, your start date will need to be postponed and you will have 30 days to remedy. If you cannot fulfill the requirement nor obtain an accommodation within 30 days, your offer will be rescinded.
