SVP, Strategic Sourcing

Summary

The Senior Vice President (SVP) of Strategic Sourcing for Jackson Health System is a key member of the executive leadership team responsible for leading the development and implementation of comprehensive sourcing strategies that drive value, efficiency, and innovation across the organization. This leader will oversee the procurement of medical supplies, equipment, and services, ensuring cost-effectiveness while maintaining the highest quality standards. Serves as the Chief Procurement Officer for the Healthcare System. The SVP will work closely with the CEO, board of directors, and executive leadership team to align sourcing strategies with the hospital system's strategic goals, fostering strong partnerships with suppliers and enhancing operational performance, while maintaining the highest performance standards, as outlined in JHS Leadership Success Factors.

Responsibilities

Strategic Sourcing Leadership

Develop and execute strategic sourcing plans that align with the hospital system's mission, vision, and goals, ensuring the procurement of high-quality, cost-effective medical supplies, equipment, and services. Provides overall leadership and accountability for Materiel Management, Inventory Management, Contract Management, Capital Assets inventory and security, fleet vehicle management, print Shop, mailroom, receiving and shipping, product recall system, supply automation. Plans for the space, equipment, and resources needed to operate all components of the division safely, efficiently, and effectively. Ensures that each department works toward the accomplishment of goals that support the mission of the Public Health Trust (PHT) and that each comply with applicable legal and regulatory requirements.

Supplier Relationship Management

Establish and maintain strong relationships with key suppliers, negotiating favorable terms and fostering long-term partnerships that drive value and innovation. Market Analysis and Insights: Conduct thorough market analysis to identify trends, opportunities, and potential risks, leveraging insights to inform strategic sourcing decisions and enhance the hospital system's competitive advantage.

Financial Planning and Reporting

Lead initiatives to optimize procurement costs without compromising quality, ensuring the hospital system operates within budgetary constraints while achieving financial performance targets. Collaborate with the CFO to develop and manage the strategic sourcing budget, providing regular financial reports and insights to the board of directors and senior leadership team. Identify and implement strategies to create value through innovative sourcing solutions, supplier partnerships, and process improvements that enhance operational efficiency and patient care.

Stakeholder Engagement and Communication

Serve as a key liaison with internal and external stakeholders, including clinical staff, suppliers, regulatory agencies, and industry partners, ensuring transparent and effective communication. Lead, mentor, and inspire a high-performing team of sourcing and procurement professionals, fostering a culture of collaboration, innovation, and excellence across the hospital system.

Operational Efficiency

Implement best practices and innovative solutions to enhance the efficiency and effectiveness of the hospital system's sourcing and procurement processes, ensuring timely delivery of high-quality supplies and services.

Risk Management and Compliance

Develop and oversee strategies to mitigate risks associated with sourcing and procurement, ensuring compliance with regulatory standards and hospital policies.

Data-Driven Decision Making

Utilize data analytics and performance metrics to drive sourcing improvements, inform strategic decisions, and measure success in achieving organizational goals.

Perform all other related executive functions and duties as assigned to support the mission and strategic objectives of Jackson Health System.

Experience

Generally requires 10 or more years of related experience. Leadership experience is required.

Education

Bachelor's degree in related field is required. Master's degree is strongly preferred.

Skill

Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources. Skill in monitoring/assessing the performance to make improvements or take corrective action. Skill in using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems. Ability to plan, implement, and evaluate programs. Ability to establish goals and objectives. Ability to recognize, analyze, and solve a variety of problems.

Credentials

Valid license or certification is required as needed, based on the job or specialty.

Unit Specific Credential

Working Conditions

Physical Requirements - Job function is sedentary in nature and requires sitting for extended periods of time. Function may require frequent standing or walking. Must be able to lift or carry objects weighing up to 20 pounds. Jobs in this group are required to have close visual acuity to perform activities such as: extended use of computers, preparing and analyzing data and analytics, and other components of a typical office environment. Additional information and provision requests for reasonable accommodation will be provided by the home unit/department in collaboration with the Reasonable Accommodations Committee (RAC).

Environmental Conditions - Jobs in this group are required to function in a fast paced environment with occasional high pressure or emergent and stressful situations. Frequent interaction with a diverse population including team members, providers, patients, insurance companies and other members of the public. Function is subject to inside environmental conditions, with occasional outdoor exposures. Possible exposure to various environments such as: communicable diseases, toxic substances, medicinal preparations and other conditions common to a hospital and medical office environment. May wear Personal Protective Equipment (PPE) such as gloves or a mask when exposed to hospital environment outside of office. Reasonable accommodations can be made to enable people with disabilities to perform the described essential functions. Additional information and provision requests for reasonable accommodation will be provided by the home unit/department in collaboration with the Reasonable Accommodations Committee (RAC).