About the role
At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.
Job Posting Title
AVP Strategic Sourcing - REMOTEJob Description
The Assistant Vice President Strategic Sourcing will lead and develop the strategic sourcing, contracting management, and procurement teams, will influence business partners in a fast-paced and matrixed environment for optimal business outcomes, assess and implement appropriate contracting tools and software, and execute a sourcing and vendor consolidation strategy to manage supplier spend for all corporate and operations contracting, including IT hardware & software, pharmaceuticals, and pharmacy supplies.
Responsibilities
Develop and implement a comprehensive strategy for the transformation and optimization of strategic sourcing, contracting, and procurement through process improvements that drive efficiency and reduce friction
Implement a long-term vendor consolidation to meet the needs of our evolving business, align to operational and strategic goals, and optimize vendor value and spend, with a focus on cost reduction
Through collaboration with key stakeholders, explore, assess and implement contracting enhancement tools to include contracting repository, progress tracking and dashboarding capabilities, contract abstracting, manage pricing evaluations, and predictive workloads and workload balancing
Partner with stakeholders in vendor management, vendor performance, finance, legal, and operations to execute automated solutions and integrations between key business areas (inputs/outputs), and partner with business areas for ongoing enterprise vendor strategies
Collaborate with enterprise-wide vendor risk management program and report program outcomes to various committees and vendor board while striving towards ongoing efficiencies, improvements and AI strategies
Partner with Legal to ensure comprehensive contract templates are in place; direct the development and ensure execution of consistent standards, controls, policies, procedures and performance metrics
Develop and foster a culture of continuous improvement, working with direct reports to provide guidance and direction on process and system improvements to support future growth
Manage department budget, staffing, performance, and development, and consistently demonstrate Prime’s leadership expectations during interactions with direct reports, cross functional and external stakeholders
Other duties as assigned
Minimum Qualifications
Bachelor’s degree in sourcing, accounting, finance, economics, or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
12 years of progressive work experience leading/managing diverse teams across sourcing, finance, systems management, etc.
8 years of leadership/people management experience
Must be eligible to work in the United States without the need for work visa or residency sponsorship
Additional Qualifications
Strong understanding of contracting management practice and tools
Experience assessing, developing future state recommendations and implementing ERP and reporting systems
Ability to establish rapport, build relationships, and collaborate effectively across departments and at all levels within the organization.
Demonstrated leadership and influencing skills with the ability to lead and drive change
Proven experience inspiring cross-functional teams to meet business objectives with outstanding results
Excellent facilitation, presentation, and consultative skills; demonstrated ability to distill complex concepts or situations into concise and compelling communications to both technical and non-technical audiences
Preferred Qualifications
Master’s degree in business or related area of study
Broad experience across contracting management tools such as Cobblestone, DocuSign, Salesforce, etc.
Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures
Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.
Potential pay for this position ranges from $164,000.00 - $279,000.00 based on experience and skills.To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail (
Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.
We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.
Prime Therapeutics LLC is a Tobacco-Free Workplace employer.
Positions will be posted for a minimum of five consecutive workdays.
Originally posted on Himalayas