Strategic Sourcing Senior Advisor – BlueCross BlueShield of Illinois – Chicago, IL ID - 11227
Job title:
Strategic Sourcing Senior Advisor
Company: BlueCross BlueShield of Illinois
Job description: At HCSC, we consider our employees the cornerstone of our business and the foundation to our success. We enable employees to craft their career with curated development plans that set their learning path to a rewarding and fulfilling career.
Come join us and be part of a purpose driven company who is invested in your future!
Job Summary:
This Position Is Responsible For Identifying, Developing And Executing Sourcing Strategies For The Most Cost Effective Pricing And Best Service; Developing Strategic Sourcing Processes By Partnering With Users To Define Specifications And Requirements; Managing The Strategic Sourcing Strategy For A Specific Group; Analyzing Industry Markets And Assessing Risk, Gathering Intelligence On Fundamental Conditions, And Technical Information That Affects The Commodity. Critical Member Of A High Performing Team, Responsible For Executing On Strategic Supplier Solutions For Multiple Categories Including BPO, Call Centers, And Other Professional Services. Responsible For Fostering Business Critical Relationships With Suppliers And Business Stakeholders That Are Key To The Organization. This Position Is Accountable For Managing All Aspects Of Strategic Sourcing Including Following Procurement Best Practices, Guiding Internal Resources, Facilitating Requirements, Contract Drafting And Negotiations, Gathering And Conducting Data Analysis And Research, Training And Mentoring Junior Team Members, And Implementing The Identified Opportunities Directly Alongside Senior Management.
Responsibilities:
- Coordinates the highly business critical implementation and transition processes of specific categories.
- Promotes continuous improvement in the procurement organization and in the other areas of the organization related to procurement.
- Establishes company-wide specialized product/service contracts and related procurement policy; communicates and influences stakeholders to ensure compliance with new contracts/ policies.
- Actively coaching and mentoring new and more junior resources on Procurement tools and processes, HCSC organization and culture, and best procurement processes
- Proactively identifies, develops, and executes sourcing strategies so that HCSC will receive the most cost-effective pricing and best service.
- Develops strategic sourcing process by partnering with users to define specifications and requirements. Assesses requirements and creates standards by matching corporate needs to products.
- Provides and negotiates recommendations to internal groups and establishes standards for products.
- Creates and leads cross-divisional category/sourcing teams and project and communication plans that drive towards milestones and goals.
- Able to quickly resolve conflicts within the cross-divisional team or with suppliers
- Develops, documents, and maintains category policies and procedures.
- Analyzes markets and assess risk, gathering intelligence on fundamental conditions and technical information that affects the commodity.
- Manages supplier relationships and deal processes, including the bid process, supplier negotiations, etc.
- Manages the contract and award process, including the negotiation of the business terms of the contract.
- Coordinates routine implementation and transition processes of specific categories.
- Rationalizes and consolidates the supplier base, gaining economies of scale in sourcing.
- Communicate and interact effectively and professionally with co-workers, management, customers, etc.
- Maintain and lead web-based Contracting Process.
- Lead and manage the review and approval of contracts in accordance with Execution of Instruments Policy and other corporate policies.
- Build relationships with internal stakeholders across various departments.
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Required Job Qualifications:
- College Degree in Business or Finance, or 6 years of relevant experience
- Expert knowledge of strategic sourcing principles
- Effective team leadership; strategic thinker who is energized by change and impact.
- Outstanding interpersonal, verbal and written communication skills.
- Analytical skills and business acumen to determine how to best leverage deal points.
- Conflict resolution skills.
- Consistent thought leadership
- Extensive experience in project management and contract negotiation.
- Extensive experience developing presentations and presenting to management and other internal groups.
- Self-sufficient on all projects, with minimal to no leadership direction
- Ability to lead projects without much leadership guidance
- Lead and drive to desired customer outcomes
- Problem solver who can drive change
- Viewed as expert in field, either process or domain expertise
- PC proficiency to include Word, Excel, PowerPoint
Preferred Job Qualifications:
- 4 – 8 years of experience in strategic sourcing and contract negotiation, or higher-level education (e.g. Juris Doctorate).
- Knowledge of HCSC organization.
- Knowledge of Business Process Outsourcing
- Knowledge of Insurance industry
** We encourage people of all backgrounds and experiences to apply. Even if you don’t think you are a perfect fit, apply anyway – you might have qualifications we haven’t even thought of yet.
**Please note that this role is a flex or hybrid position where you work some days in the office and some from home.
*CA
#LI-LK1
#LI-Hybrid”
Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!
HCSC Employment Statement:
HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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Expected salary:
Location: Chicago, IL
