Portfolio Manager (IU Health Supply Chain)

Job Description

Overview

Seeking a talented Strategic Sourcing professional to join our team. In this role, you will be responsible for developing and implementing sourcing strategies to optimize our procurement process and drive cost savings.

The ideal candidate will have a strong background in healthcare operations, excellent negotiation skills, and the ability to build strong relationships with suppliers and internal stakeholders. Join us in our mission to improve patient care while maximizing our resources

Responsible for the overall management of assigned portfolio categories, including development and implementation of category strategy in coordination with key stakeholders. Ensures the best possible cost position through contract strategy development using market tools, supplier negotiations, product standardization, contract implementation, and contract performance review.

Coordinates with clinical effectiveness councils by providing data relevant to given initiatives by product category. Identifies and supports opportunities such as standardization, utilization and new emerging technologies related by category to the appropriate key stakeholders. Coordinates new product, capitol, purchase service and technology requests related to contract category.

Works under limited guidance on projects and problems of a complex nature using tools and independent judgment to make decisions, build relationships, serves as the product portfolio expert and ensures deliverables are met for assigned categories. Provides guidance to assigned portfolio specialist. Collaborates with group purchasing organization on strategy, benchmarking, and opportunities within their portfolio.

Responsible for the appropriate implementation and retrospective analysis of initiatives by category. Owns supplier relationships based on assigned categories, develops strategic plans, monitor vendor performance, and conducts business reviews. Responsible for collaborating with operational leaders for approval. Performs other duties as assigned to support the overall strategy of supply chain and clinical effectiveness.

Connect to Promise

- Demonstrates a commitment to IU Health's mission, vision, and values by exhibiting behaviors and delivering results that align with the strategic direction of the organization. Ensure IU Health is working toward its vision of improving the health of all Hoosiers by providing the best care for each person as we practice our values of purpose, excellence, compassion and team.

Collaboration

• Collaborates with others to find creative and innovative business solutions. Actively contributes to their team(s), and the achievement of team and organizational goals. Engages, guides and mentors other team members as needed.

Business Acumen

• Exhibits working knowledge of the department and function and how it is structured. Structures work to align with the goals and operations of department and function.

Analysis

• Thoroughly analyzes problems and opportunities, and their impact on the business. Takes into account all fact-based and stakeholder information in order to evaluate alternatives and make judgment-rich decisions. Probes symptoms to determine the underlying causes of problems and then integrates information from a variety of sources to arrive at optimal solutions.

Communication

- Shares thoughts and information in a clear, concise and professional manner, in both oral and written communication formats. Demonstrates active listening and seeks further information to ensure clarity and understanding.

Promptly responds to requests for information, and works to proactively think through next steps and anticipate potential issues, requests, or business needs. Openly shares knowledge and expertise.

Ethical Practice

• Maintains confidentiality as appropriate, earns trust and respect of others, and exhibits behaviors that express the ethical practice of a healthcare organization. Mitigates unintended consequences through careful analysis and observation of business practices. Reports and responds immediately to unethical behavior or conflicts of interest.

At IU Health, your personal and professional growth is a top priority. You will have access to many diverse opportunities to learn and develop in meaningful ways that matter most to you, such as training, leadership development, promotion opportunities and cross training development.  We offer a comprehensive benefits package designed for you, which includes Medical-Dental-Vision, a matching 401K, PTO, tuition reimbursement program, wellness program, and more!

• Bachelor's degree required, preferably with a focus on healthcare management, business administration, supply chain management, or other analytical discipline.

• CMRP certification is preferred.

• 5-7 years of healthcare experience in focus area or related field is required, or equivalent combination of years, skills, and experience.

• Requires experience in project management, presentation development, analytics, customer service, contract management, navigating a complex organization, and obtaining buy-in for proposals. Contract negotiation, sourcing strategy development, contract portfolio ownership, and contract lifecycle management experience preferred.

• Strong verbal, written, leadership, business acumen, strategic thinking, relationship building, collaboration, negotiation, data analysis, and project management skills are required.

• Advanced working knowledge of Microsoft Excel, Word and PowerPoint software applications; statistical software applications experience preferred.

• Must be proficient in the use of Supply Chain business systems and tools.

• May be required to travel to various locations as needed.

We are an equal opportunity employer and value diversity and inclusion at IU Health. IU Health does not discriminate on the basis of race, color, religion, sex, sexual orientation, age, disability, genetic information, veteran status, national origin, gender identity and/or expression, marital status or any other characteristic protected by federal, state or local law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.