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Procurement Analyst

Company: TalentBoost (Point32Health)
Location: Franklin
Posted on: November 26, 2022

Job Description:

Position supports value generation sourcing and process improvement initiatives to optimize Point32Health spend. The ideal candidate will possess: 1). 1-3+ years of experience participating in strategic sourcing and operational/value generating initiatives 2). knowledge across various sourcing categories and 3). basic strategic, analytical, and interpersonal skills to act as a change agent.
Analytical skills, business acumen, communication skills, and the ability to work with analytical tools (e.g., Excel, Access, etc.) are also critical -Key Responsibilities/Duties - what you will be doing

  • Conduct analysis in Excel, Access and other tools to support procurement activities including spend analytics, budget analysis, bid analysis, etc.
  • Leverage spend analytics to identify consolidation opportunities; understand total cost of ownership and cost drivers, analyze product/service specifications to identify rationalization opportunities; analyze demand and spend to identify patterns and reduction opportunities
  • Analyze market intelligence to build business cases and should cost models to identify and quantify improvement opportunities for both sourcing and non- sourcing - e.g., demand management, process improvements, insource vs. outsource, etc.
  • Gather requirements and specifications from business and category experts to ensure that proposed solutions meet business needs
  • Execute strategic sourcing projects utilizing best practice sourcing methodology to deliver exceptional total cost value and supply assurance
  • Assess supplier capabilities and identify new sources of supply
  • Develop sourcing strategies based on baseline data, market dynamics and business requirements
  • Manage the planning and launch of RFx events, leveraging eSourcing tools; execute eAuctions as appropriate
  • Analyze complex bidding and award scenarios leveraging multi bid analysis model to facilitate fact based supplier selection
  • Supports negotiation strategy development and execution Develop transition plan to new supplier and support implementation
  • Work with suppliers and key stakeholders to manage supplier performance
  • Build and maintain strong relationships with stakeholders
  • Review contract terms and work with suppliers, stakeholders, and Point32Health departments such as Risk Management and Legal to ensure Point32Health terms and conditions are accurately met.
  • Develop, produce and deliver supplier information and metrics to all levels of management, thereby ensuring SLAs and/or KPIs are met.
  • Track and properly allocate procurement savings and costs to divisional budgets. -Qualifications - what you need to perform the jobEDUCATION: (Minimum education & certifications required)
    • Bachelor's degree in relevant field (e.g., Supply Chain, Business, STEM) preferredEXPERIENCE: (Years of experience)
      • 1-3 years of relevant experience e.g., consulting, procurement, supply chainSKILL REQUIREMENTS: (Include interpersonal skills)
        • Strong analytics skills; deep use of Excel and Access
        • Strong problem-solving skills and work ethic
        • Ability to understand the impact of accurate data
        • Excellent written and oral communications skills
        • Excellent interpersonal skills
        • Ability to present ideas in business-friendly and user-friendly language -WORKING CONDITIONS AND ADDITIONAL REQUIREMENTS: (include special requirements, e.g., lifting, travel, overtime) Occasional TravelCONFIDENTIAL DATA: All information (written, verbal, electronic, etc.) that an employee encounters while working at Point32Health is considered confidential. Exposed to and required to deal with highly confidential and sensitive material and must adhere to corporate compliance policy, department guidelines/policies and all applicable laws and regulations at all times. -Commitment to Diversity, Equity & InclusionPoint32Health is committed to making diversity, equity, and inclusion part of everything we do-from product design to the workforce driving that innovation. Our DEI strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. -COVID PolicyPlease note: As of January 18, 2022, all employees - including remote employees - must be fully vaccinated. This position will require the successful candidate to show proof of full vaccination against COVID-19. Point32Health is an equal opportunity employer, and will consider reasonable accommodation to those individuals who are unable to be vaccinated consistent with federal, state, and local law. -About the CompanyPoint32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.We enjoy the important work we do every day in service to our members, partners, colleagues and communities.This job has been posted by TalentBoost on behalf of Point32Health. TalentBoost is committed to the fundamental principle of equal opportunity and equal treatment for every prospective and current employee. It is the policy of TalentBoost not to discriminate based on race, color, national or ethnic origin, ancestry, age, religion, creed, disability, sex and gender, sexual orientation, gender identity and/or expression, military or veteran status, or any other characteristic protected under applicable federal, state or local law.Req ID: R5319

Keywords: TalentBoost (Point32Health), Providence , Procurement Analyst, Professions , Franklin, Rhode Island

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