What are the responsibilities and job description for the Strategic Sourcing Specialist position at Monarch Healthcare Management?
Monarch Healthcare Management Benefits Include
The Strategic Sourcing Specialist will be responsible for developing a category management strategy and executing a strategic sourcing plan to support cost reduction and quality objectives for spending.
In close collaboration with key team members, this position oversees cross-functional teams that includes general facility and company spend categories. This position is charged with ensuring that all products and services sourced meet defined quality standards, costs are market competitive, cost reduction opportunities are identified and realized, and efficiency improvements are implemented.
The ability to work in a team environment, interact with individuals in Management, work across multiple facets of the organization, properly prioritize daily activities, and to understand operational issues in a complex corporate structure is essential in this position.
Essential Responsibilities And Duties
Education and Experience
Monarch Healthcare Management is a mission-driven company that is changing the way short-term rehabilitation and long-term care are delivered. Our employees embody our motto, Where CARE and CUSTOMER SERVICE Come Together, by always putting the needs of residents and families first across Monarch's network of 60 skilled nursing and assisted living facilities in Minnesota.
Partnering with higher research institutes and international tech companies, Monarch has been nationally recognized for its innovation in the care of our residents, making a meaningful impact on their quality of life and interactions.
We value our employees and work hard to attract and retain the best talent by offering a positive and supportive work environment along with competitive pay, fun perks, career development opportunities, and great benefits.
We are an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
- UKG Wallet - get paid the next day!
- Free Single Medical Insurance
- Paid Time Off – Vacation Time
- 401k with annual contribution match
- Referral bonuses
- Career path to other positions within our growing company!
The Strategic Sourcing Specialist will be responsible for developing a category management strategy and executing a strategic sourcing plan to support cost reduction and quality objectives for spending.
In close collaboration with key team members, this position oversees cross-functional teams that includes general facility and company spend categories. This position is charged with ensuring that all products and services sourced meet defined quality standards, costs are market competitive, cost reduction opportunities are identified and realized, and efficiency improvements are implemented.
The ability to work in a team environment, interact with individuals in Management, work across multiple facets of the organization, properly prioritize daily activities, and to understand operational issues in a complex corporate structure is essential in this position.
Essential Responsibilities And Duties
- Lead teams to develop specifications for goods and services
- Lead negotiations efforts on purchase agreements and vendor contracts with the goal or achievement of quality, delivery, cost containment and process improvement
- Lead the planning and execution of sourcing strategies across the organization through the use of data analytics and process excellence.
- Optimize and enhance companywide procurement policies and processes to improve overall efficiencies and effectiveness as well as enable governance and compliance
- Ensure system sourcing controls are in place and adhered to
- Lead cross-functional teams to develop improved business processes, policies, and procedures for purchasing transaction management and automation.
- Identify key/critical spend categories and implement category management practices
- Create procurement technology practices including catalog management, supplier
- Analyze supplier risk in key categories; Anticipate, and monitor for, supplier problems that could affect supply.
- Provide Timely and actionable information for corrective action to be taken to supplier and end users
- Create strong relationships with key suppliers and proactively manage supplier performance
- Measure program utilization and compliance to assist Operations to drive continuous improvement
- Work in a deadline oriented environment
Education and Experience
- 4 year degree from accredited university or 5 years of equivalent experience
- Must be able to perform essential functions of the position with or without reasonable accommodation.
- Must be able and willing to work with other staff, accept instruction from supervisors and communicate appropriately with residents, visitors and staff.
- Must qualify for employment, after criminal background check, per guidelines of the Minnesota Department of Human Services.
- Ability to effectively manage multiple tasks and pivot with sudden demands of your attention
- Resilience: ability to welcome constructive feedback, course correct and not take it personally
- Personability; ability to get along with all personality types and inspire trust with residents, staff, family
- High emotional intelligence (EQ)
- Ability to actively listen, with the goal of understanding
- Ability to clearly speak and proficiently read and write in English
- Comfort in operating in ambiguous situations and with diverse populations
- Ability to thrive in an environment that is fast-paced and rapidly growing
Monarch Healthcare Management is a mission-driven company that is changing the way short-term rehabilitation and long-term care are delivered. Our employees embody our motto, Where CARE and CUSTOMER SERVICE Come Together, by always putting the needs of residents and families first across Monarch's network of 60 skilled nursing and assisted living facilities in Minnesota.
Partnering with higher research institutes and international tech companies, Monarch has been nationally recognized for its innovation in the care of our residents, making a meaningful impact on their quality of life and interactions.
We value our employees and work hard to attract and retain the best talent by offering a positive and supportive work environment along with competitive pay, fun perks, career development opportunities, and great benefits.
We are an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.