Director - Strategic Sourcing

As a Certified Great Place to Work organization, Stamford Health understands what it takes to attract talent to improve our workforce and support our mission, to that end we offer:

• Competitive salary
• Comprehensive, low-cost health insurance plans (including GLP-1 coverage options) available day one
• Wellness programs
• Paid Time Off accruals
• Tax deferred annuity and (403b) pension plan
• Tuition reimbursement
• Free on-site parking and train station shuttle
• Childcare partnership with Children’s Learning Center Regular, Full Time At Stamford Health, we believe that every patient deserves compassionate, personalized, person centered care. This commitment guides how we care for patients, support their care partners, and promote the wellbeing of our staff. In alignment with our Planetree philosophy, the individual in this role will foster a respectful, collaborative environment that honors the needs, values, and preferences of every person we serve and the colleagues we partner with.

Responsibilities

The Director of Strategic Sourcing leads enterprise-wide sourcing strategies across clinical and non-clinical categories, driving cost optimization supplier performance and value-based outcomes. This role partners with physicians’, supply chain finance and operational leaders to align sourcing initiatives with organizational goals clinical priorities and regulatory requirements.

In this role the Director of Strategic Sourcing leads the Contracting, Purchasing and Data Integrity teams within Materials Management. These teams perform a vital function in the daily operations and long-term planning of the organization.

• Develop and execute multi-year sourcing strategies aligned with health system goals clinical value analysis and financial targets
• Participates in cross-functional Value Analysis committees to ensure transparency physician engagement and stakeholder alignment
• Oversee strategic sourcing across major spend categories (e.g. medical/surgical, purchased services capital)
• Negotiate high-impact contracts leveraging data analytics benchmarking and group purchasing organization (GPO) partnerships.
• Manages relationship with Group Purchasing Organization (GPO)
• Conduct market research and analysis to identify new suppliers and alternative sourcing options
• Collaborate with cross-functional teams to align sourcing strategies with overarching organizational goals and objectives
• Utilizes tools and technologies (benchmarking, GPO tools, etc.) to ensure contracts offer maximum value for the organization; renegotiate and drive change as necessary
• Establish value analysis strategy, team, policy and related processes
• Lead value analysis initiatives to evaluate, standardize and optimize the cost-effectiveness of products and services used within the healthcare system
• Collaborate with clinical and operational stakeholders to assess the value and impact of supply chain decisions on patient care and outcomes
• Establish and maintain relationships with key vendors, suppliers and strategic partners including quarterly business reviews with key partners
• Implement continuous improvement processes to enhance supply chain performance and value delivery
• Clinical Integration workflows with EMR & ERP systems
• Collaborate with clinical leadership to embed evidence-based decision-making into sourcing processes
• Support product standardization utilization management and recall mitigation strategies
• Drive continuous improvement in sourcing operations including technology integration, supplier scorecards and compliance monitoring
• Lead workforce planning talent development and change management for teams.
• Financial Stewardship – understand and helping to create budget for supply chain
• Deliver measurable cost savings total cost of ownership improvements and value-based procurement outcomes
• Report sourcing performance to executive leadership and board-level stakeholders
• Oversees Capital Equipment planning and procurement for all departments and construction projects.
• Responsible for managing all Supply Chain related master and transactional data in the Materials Management Information System (MMIS).
• Assures compliance with appropriate purchasing protocols as determined by Stamford Hospital policies and procedures.
• Responsible for employee counseling, job evaluations and performance appraisals in coordination with the Executive Director.
• Oversee Business Continuity for Supply Chain processes ensuring processes are updated and communicated.

Qualifications

• Master's Degree in related field is required
• 10 years’ experience in Supply Chain/Logistics operations.
• Minimum 5 years’ experience in Health Care Supply Chain.
• At least 2 years’ experience managing employees.
• Detailed knowledge of healthcare supply chain products and relationships in the vendor community.
• Strong understanding of contracting, purchasing, and supply chain analytics in a healthcare setting.