The Global Business Services (GBS) department is responsible for delivering strategic and category supplier sourcing, contracting and governance excellence at Blue Shield of California. The Principal Sourcing Specialist (Supplier Procurement/Contracting) is responsible for the management and execution of the enterprise sourcing process including supporting the business in making effective sourcing decisions. This person executes and delivers value through strategic, operational, and transactional sourcing initiatives working in partnership with the assigned Blue Shield of California Business Unit(s).
Your Work
In this role you will:
Manage relationship with business unit and act as a trusted advisor and provide leadership through sourcing strategy advice and consultation to best achieve the business strategy and objectives
Capture and aggregate business requirements for sourcing support requested. Build and execute procurement plan with Business Unit(s)
Analyze business unit demand and support overall capacity planning and alignment. Capture/define demand forecasts and annual budget and provide supplier/market insights as part of business unit plans
Promote small, disadvantaged, and minority-owned businesses through a supplier diversity program
Provide guidance to Business partners and seek alignment to influence spend and cost savings through vendor rationalization and driving economies of scale
Analyze the supplier market to identify best sources for acquisition of goods and services
Manage RFx process including supplier selection and qualification through a competitive bid process for goods and/or services
Lead, structure, and guide business partners on complex contracts. Research cost drivers and conduct industry and spend analysis for the development of negotiation strategy
Utilize contract templates and create contract documents that fully encompass the business requirements and mitigate risk
Write and negotiate statements of work
Assist the Business in maintaining compliance with all Blue Shield policies regarding contracting and purchasing
Assist the Business to resolve vendor management issues such as vendor disputes and/or vendor termination. Facilitate vendor risk management, due diligence and on boarding activities
Present status and issue identification/resolution effectively to management
QUALIFICATIONS
Your Knowledge and Experience
Requires a bachelors degree or equivalent experience, MBA preferred
Requires at least 10 years of prior relevant experience in a sourcing, contracting, and negotiations role
Requires deep knowledge of end-to-end sourcing and contracting typically obtained through experience combined with advanced education
Certified Outsourcing Professional or Certified Professional in Supply Management (CPSM) a plus
Previous experience working in the Healthcare or related services industry highly desired
8 - 10 years of experience in a strategic sourcing/category management and/or business process/services outsourcing sourcing, including experience being in a negotiations role or other relevant experience highly desired
Experience managing and working through tough situations specific to sourcing and contracting processes
Ability to perform work without appreciable direction including the ability exercise considerable independence in determining objectives and approaches; may direct the work of others and/or act as leader of cross-functional teams
Contracting Expertise: In-depth knowledge of contractual documents and requirements, risk control programs and business services sourcing and best practice
Understand the key components of basic agreements and how legal terms impact business terms and vice versa. Be able to articulate high-level understanding of the issues with confidence to the legal team as relates to both client contract requirements and supplier edits
Contract Writing and Negotiation: Ability to understand how clauses relate to one another, including all exhibits and schedules. Ability to write clearly and concisely while adapting templates to fit the services being procured in accordance with client's expectations. Ability to review statements of work and/or requirements provided by a business partner, identify risks, apply best practices and improve the quality of the work product
Procurement Knowledge: Knowledge of procurement methods, technologies and processes. Ability to analyze and recommend improvements to a client's procurement organization
Competitive Bid Experience: Experience in executing strategic competitive bids with a track record of delivering cost efficiencies and value across diverse portfolio of enterprise sourcing activities. Ability to manage complex competitive bid processes
Sourcing Project Management: Experience of managing sourcing projects from start to finish; strong ability to practice and apply time management skills to balance and manage the requirements of workload without missing deadlines. Ability to secure alignment with stakeholders and hold them accountable to deadlines, while communicating risks and necessary adjustments in a timely manner. Ability to manage multiple projects concurrently
Data analysis, strategic thinking, accuracy, attention to detail, and Microsoft Office skills
Pay Range: The pay range for this role is $136,400 to $204,600 for California. Range for outside of California is $124,000 to $186,000.
Note: Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.
ABOUT BLUE SHIELD
Blue Shield of California's mission is to ensure all Californians have access to high-quality health care at a sustainably affordable price. We are transforming health care in a way that genuinely serves our nonprofit mission by lowering costs, improving quality, and enhancing the member and physician experience.
To fulfill our mission, we must ensure a diverse, equitable, and inclusive environment where all employees can be their authentic selves and fully contribute to meet the needs of the multifaceted communities we serve. Our continued commitment to diversity, equity, and inclusion upholds our values and advances our goal of creating a healthcare system that is worthy of our family and friends while addressing health disparities, promoting social justice, and integrating health equity through our products, business practices, and presence as a corporate citizen.
Blue Shield has received awards and recognition for being a certified Fortune 100 Best Companies to Work, Military Friendly Employer, People Companies that Care, a Leading Disability Employer, and one of California's top companies in volunteering and giving. Here at Blue Shield, we strive to make a positive change across our industry and communities - join us!
Our Values:
Honest. We hold ourselves to the highest ethical and integrity standards. We build trust by doing what we say we're going to do and by acknowledging and correcting where we fall short.
Human. We strive to be our authentic selves, listening and communicating effectively, and showing empathy towards others by walking in their shoes.
Courageous. We stand up for what we believe in and are committed to the hard work necessary to achieve our ambitious goals.
Our Workplace Model:
Blue Shield of California is dedicated to making work-life balance a reality. Whether you prefer to work in an office or from home, we understand flexibility is more important than ever. That's why Blue Shield is a hybrid company, offering you the opportunity to decide where you can do your best and most meaningful work.
Two ways of working: Hybrid (our default) and office
Hybrid - In a business unit approved office a few times per year to 3 days per week, on average
Office - In a business unit approved office 4+ days a week, on average. If the role you're applying for is deemed an "Essential Role," the company has determined that the role can only be performed in a Blue Shield office or in the field and would require your to meet the office worker classification.
Physical Requirements:
Office Environment - roles involving part to full time schedule in Office Environment. Due to the current public health emergency in California, Blue Shield employees are almost all working remotely. Based in our physical offices and work from home office/deskwork - Activity level: Sedentary, frequency most of work day.
Please click here for further physical requirement detail.
Equal Employment Opportunity:
External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.