At Cardinal Health, we're developing the innovative products and services that make healthcare safer and more productive. Join a growing, global company genuinely committed to making a difference for our customers and communities.
This position reports to the EVP, Strategic Sourcing and Manufacturer Services
Function: Strategic Sourcing - Strategic Sourcing is responsible for creating and managing diverse strategic supplier partnerships that drive enterprise value with innovation, best cost and competitive advantages that benefit customers, suppliers and patients. Develops and executes strategic plans by leveraging market intelligence, industry knowledge and cross-functional collaboration. Competitive advantage is created through supplier selection and management, contract negotiation, supply chain optimization and risk mitigation.
Family: Strategic Sourcing Indirect -- Strategic Sourcing Indirect is responsible for developing and executing strategy to source indirect goods and services to support our business stakeholders and programs. Perform analysis in order to select supplier and negotiate best value for Cardinal Health. Provide supplier relationship management and contract compliance management, including maximization of financial deliverables and risk mitigation. May work within various procurement systems to execute purchase orders and resolve technical issues as identified. This leader is ultimately responsible for enterprise sourcing tool, supplier setup and maintenance, Data Center of Excellence, EDI compliance and supplier performance management. This includes driving supplier segmentation, process creation and improvement, reporting strategy and execution and supplier dispute resolution. This position will also continue to standardize and optimize the supplier agreements and drive compliance within the supplier portfolio to ensure Cardinal Health efficiencies, supplier economics and cost reduction goals are met. The leader also has responsibility for the supplier set up and maintenance process for all direct pharma and medical suppliers and leads key initiatives for cross functional activities that impact accounts payable, chargeback's, and contract management. They are also responsible for integrating supplier master data and Indirect Procurement of key acquisitions.
Utilize the 7-step sourcing process to source the most appropriate vendor to meet Cardinal Health requirements including diverse vendors where opportunities exist.
Perform data analysis and utilize financial acumen to identify opportunities to leverage scale and drive cost savings.
Develop expertise in core categories including product knowledge, industry dynamics and market trends.
Establish collaborative environment with key suppliers and business partners to manage supplier performance and support long term strategy.
Develop expertise with contract requirements in order to negotiate the most favorable pricing, contract terms and conditions for Cardinal Health.
Strong project and process management in order to execute sourcing strategy with cross functional teams.
Track/Level: M4 -- Operational/strategic management role
Provides leadership and direction for multiple operational units or disciplines through Directors; may manage managers
Manages an organizational budget
Approves significant policies and procedures that will result in the achievement of organizational goals
Develops and implements functional and/or operational strategy
Decisions have a serious impact on overall success or failure on area of accountability and external stakeholders
Interacts with all levels of internal and/or external leaders
Influence senior level leaders regarding matters of significance
Persuades others into agreement in sensitive situations while maintaining positive relationships
Leverages Operational Excellence
This leader will ultimately be responsible for building, coaching and maintaining a winning culture. This leader will continuously focus on "voice of the employee" (VOE) and work to steadily increase year-over-year engagement results and provide ongoing team support through continual training on systems and processes. In addition, this role will continue to increase organizational diversity through effective recruiting and hiring practices.
Achieve annual Cost Savings targets for the enterprise and segments
Manage Department Budget
Successful implementation of sourcing platform
Provides leadership to Directors; may also manage managers and/or professional staff
Ensures operational plans are aligned with business objectives
Contributes to functional strategy development
Has in-depth functional expertise and broad business knowledge
Makes decisions, often difficult and/or unpopular, that support the organization strategy; influences others to support the decisions
Inspires others to meet/exceed expectations on a daily basis through own enthusiasm and energy
Manages resources to ensure financial objectives are met, leveraging knowledge of competitive advantage and profit drivers
Anticipates internal/external business issues to align operational priorities, strategies and tactics
Constructs meaningful strategies for addressing future business scenarios
Develops relationships with key internal/external customers to identify emerging needs and business challenges
Develops value-added solutions that meet customer business needs and shares key learnings with others
Resolves complex problems
Recognizes and rewards innovative thinking, responsible risk taking and the achievement of operational excellence
Influences customer and/or organizational leadership through effective listening and communication to accomplish operational objectives
Build an Indirect Sourcing of Excellence (CoE) to help transform Procurement, and support broader transformation of the value chain and the enterprise
Defines strategies for vendor partnerships, including (but not limited to) vendor selection, contract negotiation, governance, and termination
Develops and executes procurement and category strategies which are aligned with business objectives
8-12 years of related experience preferred
Bachelor's degree in Business Administration or a related degree preferred
Knowledge of international regulatory requirements related to procurement of assets (leased or purchased), employee benefits (insurances), regulatory compliance involving management of customers' travel & expenses
Indirect Procurement experience
Direct Sourcing experience
Knowledge and practical experience in the healthcare industry related to medical products and procedures
Training or practical experience in professional education/training and a proven track record of developing programs and collaborating with others to reach mutual outcomes
Inspirational and influential leader with demonstrated effective team management experiences
Innovative, strategic and futuristic mindset
Effective communication skills via written, casual and presentation scenarios
Ability to attract, retain and develop company-leading talent
Disciplined process and project management acumen
Willingness to roll up sleeves and work with any levels of the organization
Analytical approach to managing business functions
Ability to balance core process needs with an enterprise perspective in mind
Ability to execute on short-term initiatives and develop long term applications, strategy
Ohio based preferred or ability to travel to Dublin, OH up to 50%
Anticipated salary range: $165,800 - $295,800 base
Bonus eligible: Yes
Benefits: Health insurance, 401k Contributions, Paid Time Off, Vacation, STD/LTD
Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.
Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities.We are a crucial link between the clinical and operational sides of healthcare, delivering end-to-end solutions and data-driving insights that advance healthcare and improve lives every day. With deep partnerships, diverse perspectives and innovative digital solutions, we build connections across the continuum of care. With more than 50 years of experience, we seize the opportunity to address healthcare's most complicated challenges – now, and in the future.As a global, growing company, we’re able to offer rewarding careers that let you make a positive impact on our customers and communities.