Job Title & Specialty Area: Supply Chain Contract Senior Portfolio Manager
Department: Supply Chain
Location: Irving, Texas
Shift: 9am-5pm Monday through Friday
Job Type: Hybrid, 2-3 days a week in person
Why Children’s Health?
At Children's Health, our mission is to Make Life Better for Children, and we recognize that their health plays a crucial role in achieving this goal.
Through our cutting-edge treatments and affiliation with UT Southwestern, we strive to deliver an extraordinary patient and family experience, ensuring that every moment, big or small, contributes to their overall well-being.
Our dedication to promoting children's health extends beyond our organization and encompasses the broader community. Together, we can make a significant difference in the lives of children and contribute to a brighter and healthier future for all.
Summary:
Develop and maintain contract portfolios and portfolio strategies for contracts grouped by leadership. Lead the planning and implementation of system-wide strategic contracting initiatives to ensure Children's achieves established objectives. Strategic contracting efforts include specific term enhancements that minimize exposure for CHST. Work in partnership with Children's legal team all supply chain teams, appropriate internal stakeholders and business owners and vendor representatives with decision making authority. Structure and facilitate all aspects of negotiations, including assessments of financial and operational terms and conditions, concession planning, redline management, negotiating agreements focused on quality, safety, and expense management, and timely finalization and signature. Document portfolio and contract near/mid/long term objectives. May direct the work of other Contracting department team members in specific portfolio management and improvement programs. Collaborate with clinical and non-clinical departments, supply chain, and senior leadership across all disciplines and CHST companies to identify, define, promote, and communicate potential strategic contracting strategies and utilization opportunities. Interact with executive leadership, hospital and department directors, physicians and vendors in matters related to strategic contract acceptability, costs, utilization, and implementation of a focused grouping of strategic contracting categories.
Responsibilities:
- Provide guidance regarding strategic contracting related activities
- Accountable for the performance and results of multiple teams performing strategic contracting related activities
- Develops long-term plans and strategies for area of defined responsibility aligned with established strategies, and works with other leaders and staff members to operationalize and execute the strategy
- Communicates priorities and expectations, schedule of contracting tasks and milestones, monitors contract negotiation and management progress, and provides direction
- Makes decisions guided by resource availability and functional objectives that affect the results of the function
- Analyzes key trends and input from individuals in the team to make meaningful changes that directly and significantly affect results
- Establishes strategic contract workplan and accountable for managing to achieve expected results
- Works on cross functional teams to develop and implement strategic contract solutions that have a broad impact on the organization's operations and processes
- Maintains in depth knowledge of strategic contracts both GPO and Local as well as solid knowledge of other GPO strategic contract category programs; including standardization rebate programs; group buys; and other bulk buy opportunities. Proactively plans for the GPO and Local bid cycle relative to strategic contracts.
- Participates in assigned business area strategic planning efforts. Maintains in-depth knowledge of assigned business areas’ operational and growth plans. Stays informed of system use of contracts and contract strategies related for large, multi-department agreements. Coordinates all aspects of large, multi-department vendor strategies. Aligns business plans with all necessary contract lifecycle activities.
- Maintains in-depth knowledge and fluency of Children's contract management system .
- Proactively plan for and initiate strategic contract review prior to renewals by performing financial and non-financial opportunities for improvement and recommending a course of action.
- Plans, coordinates, documents and leads strategic contracting initiatives.
- May serve as the strategic contracts contact for the GPO and senior executives
- Works with the Children’s legal team to create, revise and manage contracting templates and terms for use during vendor contracting. Collaborates with Children's legal team to manage redlines and propose language alternatives, where appropriate.
- Works with other contract managers, as well as individual stakeholders, when negotiating strategic contracts with suppliers associated with an assigned portfolio; serves as the assigned contract portfolio leader; evaluates bids and proposals and provides input to decisions by key stakeholders and the business owner; reviews and interprets vendor contracts and redline versions for accuracy and completeness
- May evaluates supplier performance through review of reports, business meetings and customer feedback; resolves issues and implements solutions to address negative supplier performance (once escalated by the business owner or internal stakeholder).
- Oversees the supplier coordination with other contract management staff to implement contract fulfillment for contracts within the assigned portfolio.
- Oversees the resolution of disputes with suppliers, within the assigned portfolio, managed by other contract management staff.
- May prepare of provide guidance and templates to stakeholders regarding Requests for Information, Requests for Proposals, and other bid requests; Depending on evaluation role, may lead or assist with analyzing RFI, RFP and bid responses based on defined criteria, prepare summaries, and coordinate review and decision recommendations.
How You’ll Be Successful:
WORK EXPERIENCE
- At least 7 years' Experience in contract negotiations (contract portfolio management and experience in healthcare contracting, preferred) Req
- At least 2 years Management experience, project team leadership, proven experience with planning and implementing contract-related improvement initiatives, and portfolio or program management experience Pref
EDUCATION
- Four-year Bachelor's degree or equivalent experience Req
- Graduate or professional work or advanced degree; or equivalent experience Pref
A Place Where You Belong
We put our people first. We welcome, value, and respect the beliefs, identities and experiences of our patients and colleagues. We are committed to delivering culturally effective care, creating meaningful partnerships in the communities we serve, and equipping and developing our team members to make Children’s Health a place where everyone can contribute.
Holistic Benefits – How We’ll Care for You:
- Employee portion of medical plan premiums are covered after 3 years.
- 4%-10% employee savings plan match based on tenure
- Paid Parental Leave (up to 12 weeks)
- Caregiver Leave
- Adoption and surrogacy reimbursement
As an equal opportunity employer, Children's Health does not discriminate against employees or applicants because of race, color, religion, sex, gender identity and expression, sexual orientation, age, national origin, veteran or military status, disability, or genetic information or any other Federal or State legally-protected status or class. This applies to all aspects of the employer-employee relationship including but not limited to recruitment, hiring, promotion, transfer pay, training, discipline, workforce adjustments, termination, employee benefits, and any other employment-related activity.
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