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Job Description

The Sourcing Lead is responsible for heading the sourcing and supplier selection for a group of categories and departments, leading a team, and basing decisions on the intersection of cost, quality and outcomes, with consideration of impact to departments and patients within the health care system.

Qualifications

10 years minimum (higher preferred), sourcing products and services in a health care setting, with related contract negotiation skills and project management experience.

Responsibilities

1.Effectively builds relationships and communicates with client departments and assesses needs and supplier performance expectations. Evaluates department practices, usage and demand; defines client requirements and specifications. Demonstrates an expert knowledge in the organizations service and financial standards and incorporates it appropriately.

2.Gathers and interprets supplier and market data through formal and informal processes. Evaluates supplier capabilities to meet the institutions needs through fair and thorough techniques, and determines sourcing strategies that optimize value. Actively reviews supplier effectiveness and makes recommendations for change as necessary.

3.Researches comparator businesses and institutions to support sourcing recommendations.

4.Works with departments to quantify budget impacts of new contracts. Interprets and analyzes data to present to department heads for review, and to Value Analysis senior leadership.

5.Partners with client departments to establish efficient ordering routines that incorporate appropriate controls within health system operations. Takes a lead role in implementing changes in sourcing (i.e., moving to a new supplier; implementing increased spends/services).

6.Negotiates contracts, terms and conditions, and ramifications of contractual verbiage as it relates to product/service/supplier and impact on the health system. Develops contracts that support health system business requirements, including clearly defined goods and services expectations, performance measurements and shortfall remedies.

7.Takes an active role in the creation of new policies and procedures that introduce and drive appropriate supplier behaviors, increase efficiencies in department spending, etc.

8.Discusses automated processes with I.T. for more efficient supplier interfaces. Works closely with I.T. leadership on current processes and new projects for efficient integration of applications in the procurement process

9.Leads levels I and II Sourcing Specialists and support staff and may perform in a supervisory capacity.

10.Takes a lead role in projects as related to value analysis, including demand, supplier reliability, costs and savings. Interacts with others in the project team and related departments, and facilitates a successful conclusion. Demonstrates a high degree of project management skills that drive project timing, service and savings objectives.

11.Maintains currency of health care value analysis trends and market developments.

About Us

Strength Through Diversity

The Mount Sinai Health System believes that diversity, equity, and inclusion are key drivers for excellence. We share a common devotion to delivering exceptional patient care. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education, and advancement as we revolutionize medicine together. We invite you to participate actively as a part of the Mount Sinai Health System team by:

• Using a lens of equity in all aspects of patient care delivery, education, and research to promote policies and practices to allow opportunities for all to thrive and reach their potential.

• Serving as a role model confronting racist, sexist, or other inappropriate actions by speaking up, challenging exclusionary organizational practices, and standing side-by-side in support of colleagues who experience discrimination.

• Inspiring and fostering an environment of anti-racist behaviors among and between departments and co-workers.

At Mount Sinai, our leaders strive to learn, empower others, and embrace change to further advance equity and improve the well-being of staff, patients, and the organization. We expect our leaders to embrace anti-racism, create a collaborative and respectful environment, and constructively disrupt the status quo to improve the system and enhance care for our patients. We work hard to create an inclusive, welcoming and nurturing work environment where all feel they are valued, belong and are able to advance professionally.

Explore more about this opportunity and how you can help us write a new chapter in our history!

“About the Mount Sinai Health System:

Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 43,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time — discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it. Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes approximately 7,400 primary and specialty care physicians; 13 joint-venture outpatient surgery centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and more than 30 affiliated community health centers. We are consistently ranked by U.S. News & World Report's Best Hospitals, receiving high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics and top 20 in Cardiology/Heart Surgery, Diabetes/Endocrinology, Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics, Pulmonology/Lung Surgery, Rehabilitation, and Urology. New York Eye and Ear Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology. U.S. News & World Report’s “Best Children’s Hospitals” ranks Mount Sinai Kravis Children's Hospital among the country’s best in several pediatric specialties. The Icahn School of Medicine at Mount Sinai is ranked No. 14 nationwide in National Institutes of Health funding and in the 99th percentile in research dollars per investigator according to the Association of American Medical Colleges. Newsweek’s “The World’s Best Smart Hospitals” ranks The Mount Sinai Hospital as No. 1 in New York and in the top five globally, and Mount Sinai Morningside in the top 20 globally.

The Mount Sinai Health System is an equal opportunity employer. We comply with applicable Federal civil rights laws and does not discriminate, exclude, or treat people differently on the basis of race, color, national origin, age, religion, disability, sex, sexual orientation, gender identity, or gender expression. We are passionately committed to addressing racism and its effects on our faculty, staff, students, trainees, patients, visitors, and the communities we serve. Our goal is for Mount Sinai to become an anti-racist health care and learning institution that intentionally addresses structural racism.”

EOE Minorities/Women/Disabled/Veterans

Compensation Statement

Mount Sinai Health System (MSHS) provides a salary range to comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $116718 - $175078 Annually. Actual salaries depend on a variety of factors, including experience, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.