Job Information
Mount Sinai Health System Sourcing Lead I - Materials Management Purchasing - Mount Sinai - Full Time - Monday-Friday, 9am-5pm in New York, New York
Job Description
The Sourcing Lead is responsible for heading the sourcing and supplier selection for a group of categories and departments, leading a team, and basing decisions on the intersection of cost, quality and outcomes, with consideration of impact to departments and patients within the health care system.
This individual negotiates with vendors, and leads the process of award of contractual agreements for the health system. Prepares all analysis and pertinent information to leadership of the Value Analysis Team, and takes the initiative in the coordination of said meetings. Heads specific projects related to sourcing and new procedures and initiatives.
The Sourcing Lead works closely with senior stakeholders and takes an active role in leading engagement, strategy development and execution of new contracts. Regularly meets with client areas and supply chain representatives, and implements best practice sourcing strategies for all assigned categories.
Qualifications
Education: Bachelor's degree (Masters or J.D. preferred) in a related field (or equivalent combination of education and applicable sourcing/ purchasing experience)
Experience: 6 years minimum (higher preferred), sourcing products and services in a health care setting, with related contract negotiation skills and project management experience
Certification (Preferred): Certified Materials Resource Professional (CMRP), CPM, CPSM or other recognized certification preferred.
Computer Skills:
Microsoft Word and Excel ? Basic required, Intermediate proficiency preferred
Microsoft Outlook ? Basic
General Skills:
Excellent written and oral communication skills
Experience with sourcing (preferably health care system), planning, forecasting and allocation
Understanding of health trends, costs and desired outcomes within framework of health care
Knowledge of commonly-used concepts, practices and procedures within the healthcare field
Project management and team leadership skills
Level of Physical Activity Required: Moderate
Described Work Environment: General office environment
Non-Bargaining Unit, AVL - Materials Management Purchasing - BI, Mount Sinai Beth Israel
Responsibilities
Effectively builds relationships and communicates with client departments and assesses needs and supplier performance expectations. Evaluates department practices, usage and demand; defines client requirements and specifications. Demonstrates an expert knowledge in the organization’s service and financial standards and incorporates it appropriately.
Gathers and interprets supplier and market data through formal and informal processes. Evaluates supplier capabilities to meet the institution’s needs through fair and thorough techniques, and determines sourcing strategies that optimize value. Actively reviews supplier effectiveness and makes recommendations for change as necessary.
Researches comparator businesses and institutions to support sourcing recommendations.
Works with departments to quantify budget impacts of new contracts. Interprets and analyzes data to present to department heads for review, and to Value Analysis senior leadership.
Partners with client departments to establish efficient ordering routines that incorporate appropriate controls within health system operations. Takes a lead role in implementing changes in sourcing (i.e., moving to a new supplier; implementing increased spends/services).
Negotiates contracts, terms and conditions, and ramifications of contractual verbiage as it relates to product/service/supplier and impact on the health system. Develops contracts that support health system business requirements, including clearly defined goods and services expectations, performance measurements and shortfall remedies.
Takes an active role in the creation of new policies and procedures that introduce and drive appropriate supplier behaviors, increase efficiencies in department spending, etc.
Discusses automated processes with I.T. for more efficient supplier interfaces. Works closely with I.T. leadership on current processes and new projects for efficient integration of applications in the procurement process.
Leads levels I and II Sourcing Specialists and support staff and may perform in a supervisory capacity.
Takes a lead role in projects as related to value analysis, including demand, supplier reliability, costs and savings. Interacts with others in the project team and related departments, and facilitates a successful conclusion. Demonstrates a high degree of project management skills that drive project timing, service and savings objectives.
Maintains currency of health care value analysis trends and market developments.
Other duties as assigned.
*-indicates duty is “essential” as defined by the Americans with Disabilities Act (ADA)
About Us
Strength through Unity and Inclusion
The Mount Sinai Health System is committed to fostering an environment where everyone can contribute to excellence. We share a common dedication to delivering outstanding patient care. When you join us, you become part of Mount Sinai’s unparalleled legacy of achievement, education, and innovation as we work together to transform healthcare. We encourage all team members to actively participate in creating a culture that ensures fair access to opportunities, promotes inclusive practices, and supports the success of every individual.
At Mount Sinai, our leaders are committed to fostering a workplace where all employees feel valued, respected, and empowered to grow. We strive to create an environment where collaboration, fairness, and continuous learning drive positive change, improving the well-being of our staff, patients, and organization. Our leaders are expected to challenge outdated practices, promote a culture of respect, and work toward meaningful improvements that enhance patient care and workplace experiences. We are dedicated to building a supportive and welcoming environment where everyone has the opportunity to thrive and advance professionally. Explore this opportunity and be part of the next chapter in our history.
About the Mount Sinai Health System:
Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 48,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time — discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it. Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes more than 9,000 primary and specialty care physicians; 13 joint-venture outpatient surgery centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and more than 30 affiliated community health centers. We are consistently ranked by U.S. News & World Report's Best Hospitals, receiving high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics, top 5 in Cardiology/Heart Surgery, and top 20 in Diabetes/Endocrinology, Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics, Pulmonology/Lung Surgery, Rehabilitation, and Urology. New York Eye and Ear Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology. U.S. News & World Report’s “Best Children’s Hospitals” ranks Mount Sinai Kravis Children's Hospital among the country’s best in several pediatric specialties. The Icahn School of Medicine at Mount Sinai is ranked No. 11 nationwide in National Institutes of Health funding and in the 99th percentile in research dollars per investigator according to the Association of American Medical Colleges. Newsweek’s “The World’s Best Smart Hospitals” ranks The Mount Sinai Hospital as No. 1 in New York and in the top five globally, and Mount Sinai Morningside in the top 20 globally.
Equal Opportunity Employer
The Mount Sinai Health System is an equal opportunity employer, complying with all applicable federal civil rights laws. We do not discriminate, exclude, or treat individuals differently based on race, color, national origin, age, religion, disability, sex, sexual orientation, gender, veteran status, or any other characteristic protected by law. We are deeply committed to fostering an environment where all faculty, staff, students, trainees, patients, visitors, and the communities we serve feel respected and supported. Our goal is to create a healthcare and learning institution that actively works to remove barriers, address challenges, and promote fairness in all aspects of our organization.
Compensation Statement
Mount Sinai Health System (MSHS) provides a salary range to comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $79720 - $119580 Annually. Actual salaries depend on a variety of factors, including experience, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.