Pharmacy Sourcing Executive

When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

In this role, you will identify and analyze pharmaceutical, contracting, financial, operational, reimbursement, distribution, and market trends, providing insights and recommendations to stakeholders (e.g., customers, vendors) and the business on opportunities and subsequent impact. You will negotiate multi-million-dollar portfolio and serves as an expert for the company’s pharmacy contracting process.

Responsibilities:

• Implement contracting strategies to successfully support Vizient’s Pharmacy Program.

• Ensure alignment of business strategy with overall corporate strategic objectives related to contracting activities that meet member needs for the contrast media, nuclear medicine and radiopharmaceutical markets. 

• Maintain industry expertise in the contrast and nuclear medicine markets through understanding the relevant markets and how products are used in the various imaging suites including the hospital pharmacy and materials departments; as well as in physician practices, and free standing imaging and surgical centers. 

• Serve as a category expert for members, suppliers, distributors, Vizient field team, advisory solutions, legal, and finance for assigned portfolio.

• Effectively manage supplier and member relationships to optimize outcomes and ensure price leadership across product offerings.

• Collaborate with senior leadership, member councils and task forces, and individual hospitals and supply chain executives to ensure delivery of supply chain needs.

• Effectively communicate and present (formally and informally) to market internal and external stakeholders while serving as subject matter expert and resource. This may include prominent health care organizations and pharmaceutical drug companies.

• Conduct bid analysis, award and manage contracts to Vizient Contract Processes and Standards as assigned.

• Manage financial aspects of the assigned contracts including budget accruals, forecasting and revenue expectations.

• Maintain a very high level of customer satisfaction for all suppliers, distributors, and providers by fostering and building collaborative business relationships.

• Provide direction and guidance to assigned portfolio analyst.

• Monitor contract performance for market competitiveness and adherence to terms and conditions while collaborating with peers to deliver supply chain needs.

• Stay abreast of relevant industry trends and regulatory requirements.

Qualifications:

• Relevant degree preferred.

• 2 or more years of relevant experience required. Radiopharmaceutical or contrast media industry or contracting experience preferred.

• Strong strategic and rigorous analytical agility with the ability to understand complex business issues and opportunities, while using sound judgment to set objectives and direction to drive results.  Keeps abreast of industry trends and regulatory requirements to ensure alignment with customer needs.

• Excellent leadership skills with a proven track record of delivering results.

• Exceptional communication skills with the ability to effectively build relationships with a diverse set of stakeholders and clearly articulate the company’s vision and mission.

• High accountability for their actions and results and ability to ensure a high level of commitment to the success of the organization, your peers and customers.

• Excellent communication and cross-functional interaction skills, including presentation, verbal, and documentation.

• Advanced Microsoft Excel skills preferred.

• Willingness to travel.

Estimated Hiring Range:

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

Equal Opportunity Employer:   Females/Minorities/Veterans/Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.