- Identifies opportunities to improve the sourcing approach and procurement process which could have significant financial impact on the organization.
- Ensures that contracted relationships have enabled supplier performance measurement and reporting function.
- Analyzes overall business requirements, supplier relationship structures and processes to improve performance and overall value.
- Analyzes industries, supply, markets, and sourcing best practices to define alternative supplier relationship structures to meet enterprise-wide requirements, manage costs, and maximize value for dollars spent.
- Recommends new sourcing strategies, process improvements and supplier relationship structures for the enterprise.
- Manages execution and implementation of sourcing initiatives within assigned commodity.
- Develops timelines and organizes matrix teams to implement sourcing strategies and initiatives.
- Manages day-to-day execution of sourcing and contracts process and facilitates involvement of expert resources.
- Collaborates with business staff and manages development of RFPs and other selection and supplier evaluation tools.
- Develops negotiation strategy performing and overseeing detailed financial analysis to determine market and world class costs for specified products and services.
- Prepares negotiation and facilitates negotiation strategy in conjunction with the Business Staff and Supply Chain Management leadership where appropriate and able to lead negotiations.
- Monitors and reports progress against performance objectives and sourcing initiatives.
- BA / BS strongly preferred, ideally in Business, Supply Chain, Claim Operations or related field.
- Excellent project management skills.
- Prior military and or law enforcement experience is a plus.
- Strong communication, facilitation and leadership skills with a proven ability to lead, influence and motivate others.
- Needs to possess the ability to think multi-dimensionally to identify the optimal, preferred and least acceptable project outcomes and develop supporting strategies for each.
- Strong time management skills; highly organized and detailed oriented
- Strong analytical, cross - functional communication skills, teamwork and interpersonal skills.
- Understanding of healthcare, the role of health insurance providers, and the healthcare supply chain desirable.
- General financial analysis skills and experience.
- Structured problem solving and decision making skills.
- Ability to influence and lead a diverse negotiation team without direct authority.
- Highly collaborative and collaborates with appropriate experts to solve issues.
- Makes decisions and takes action to solve a problem for a team or a unit in the organization.
- Ability to work well in a dynamic and rapidly changing environment, with periods of ambiguity.
- Articulates potential solution(s) effectively to key executives.
- Driven to meeting or exceeding business and financial milestones.
- Ability to apply fact - based negotiation principles and tactics.
- Able to perform procurement - related economic and financial analyses.
- Ability to perform total cost analysis.
- Ability to provide fact based advice to decision makers and oversee development of market and industry analysis.
- Understands strategic and sourcing implications of key industry trends and developments.
- Understands industry cost structures and drivers and implications for strategic position.
- Demonstrates a commitment to the enterprise vision, values and goals.
Procurement/Strategic Sourcing Specialist - Philadelphia, United States - The Cigna Group
Description
Role Summary
Accountable for sourcing activities and associated strategies across the Enterprise Operations & Pharmacy category as it relates to the identification, negotiation and procurement of the various products and services to support Cigna's pharmaceutical and claims operations life cycle. This includes leading sourcing projects of various sizes and complexities and supporting larger projects. This role will involve the creation, market analysis, strategic development, negotiation, and maintenance for activities around identifying a supplier, managing the competitive process and recommending a supplier that best meets the business objectives. This resource must have experience in dealing with dynamic requirements that are tied to strategic level business and claims operations services In order to effectively engage suppliers, this resource must have experience dealing at various management levels to achieve desired outcomes through sourced engagements. This role may have one direct report.
Responsibilities
Qualifications