Director - Strategic Sourcing

6 days ago

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Prime Therapeutics

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Prime Therapeutics is a trusted pharmacy solutions provider dedicated to transforming health care through innovation and transparency. The company offers a wide range of services including clinical solutions for improved member outcomes, drug access and affordability, specialty drug management, and condition management for chronic health issues. With over 7,000 employees, Prime Therapeutics aims to challenge norms in the pharmacy industry, providing exceptional experiences and simplifying the complex for millions across the nation. Their mission goes beyond profit, focusing on creating transformative impacts with long-term solutions, utilizing modern technology and holistic approaches in specialty pharmacy management. Owned by mission-driven partners, Prime Therapeutics emphasizes true transparency and conflict-free service, fostering a culture of care and shared purpose in health care.

Pharmacy Benefits Management

1001 - 5000 employees

Founded 1998

⚕️ Healthcare Insurance

💊 Pharmaceuticals

☁️ SaaS

📋 Description

• The Director of Strategic Sourcing works in partnership with all business leaders to redefine and lead a sourcing organization in a fast paced, growth-oriented environment • Develop and execute a sourcing strategy to manage supplier spend for all corporate and operations purchasing categories at Prime, excluding IT hardware & software, pharmaceuticals, and pharmacy supplies • Initiate, direct, and conduct all activities relating to evaluating, selecting, negotiating, and implementing preferred and complex supplier contracts • Develop and maintain long-term relationships with Prime’s strategic suppliers • Identify, engage, and align with internal Prime business areas to standardize purchasing/sourcing tools and templates to improve overall efficiency and effectiveness • Manage team performance and development, motivate and drive accountability of best outcomes while consistently demonstrating Prime’s leadership expectations during interactions • With Sourcing leadership, develop, source, and maintain a contract management database to manage contract documents and key contract terms • Partner with Legal to ensure proper alignment to contract templates and execution of consistent contracting standards

🎯 Requirements

• Bachelor’s degree in finance or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma from an accredited school or equivalent GED • 8 years of strategic sourcing experience, including 3 years vendor management experience • 5 years of leadership/people management experience • Must be eligible to work in the United States without need for work visa or residency sponsorship • Excellent written and verbal communication and organization skills • Ability to communicate effectively with Senior Leadership Team • Strong financial and analytical skills • Strong project management skills • Strong team player able to collaborate effectively with senior leaders • Strong background with Excel, Word and PowerPoint • Strong leadership skills with the ability to grow and develop a strong team • Ability to work within a fast growth environment with changing priorities • Strong team player with the ability to work with all levels of management, to build strong, cross-functional relationships and influence without direct authority • Experience negotiating and managing complex agreements • Pharmacy Benefit Management contract and negotiation experience