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The Associate Contracting Specialist assists the Service Line in developing a project plan for assigned product categories from member need identification to contract execution and management which includes spend analysis financial modeling direct negotiations internal and external terms and conditions collaboration presentation creation for Sourcing Committees and contract management within Premiers sourcing technology platform. Financial modeling includes supplier spend analyses tier impact analyses and financial analyses for assigned product categories. The Associate Contracting Specialist provides input into the sourcing process and strategy and executes the process on multiple low to medium complexity categories. The Associate Contracting Specialist is an entry level position in the Contracting organization of Premier where the individual is provided with a support system to grow in the role on an individual and team basis. This position participates and contributes to performance improvement initiatives and special projects is focused on leadership and development and is exposed to various experiential activities that will broaden the individuals experience and perspective.
Key Responsibilities
Responsibility #1 60%
Contracting Core
Sources low to medium complexity product categories
Develops an understanding of the full sourcing process
Executes simple contract analytics
Develops an understanding of Premiers Terms and Conditions
Develops and recommends strategies for negotiations
Develops supplier spend analysis price tier analysis and recommends tiers for assigned product categories
Support analysis and process to maintain cross reference product codes spend intelligence RFI
Assists or leads the creation of RFPs
Communicates with suppliers
Support contract negotiations redlines
Completes pricing / savings negotiations
Creates PowerPoint presentations that provide succinct and informational messages
Validates the completeness of suppliers product and pricing files
Assists in the development of award recommendations
Assists in the creation of the final contract
Input and manage contract attributes in Passport
Completes ad hoc reports related to contracting
Mine data to identify contract growth opportunities
Forecast contract administrative fees
Manage supplier compliance with reporting of administrative fees & supporting sales data
Execute contract amendments for term changes tier changes product additions price changes
Project Management
Adheres to the milestones and cycle times outlined in product category workplan
Monitors progress of assigned tasks in product category workplan
Identifies and informs management of deviations from product category workplan and timeline and updates systems to reflect status accordingly
Identifies and communicates resource needs on a timely basis to the appropriate level
Ensures accuracy and completeness of own work
Identifies critical issues for risk management with clients and informs management of these critical issues
Participates in sourcing meetings to ensure a seamless integration throughout the sourcing process
Responsibility #2 10%
Performance Improvement
Participates in performance improvement projects
Gains a fundamental understanding of Lean and Six Sigma
Contributor or new ideas defects waste and quality
Participates in efficiency and automation ideas
Responsibility #3 10%
Learning and Development
Serves as a mentee to Contracting Specialist
Participates in projects and programs assigned to team
Actively seeks opportunities to become familiar with the sourcing strategy to increase knowledge of sourcing terminology and depth of product knowledge
Completes required curriculum work
Demonstrates integrity innovation accountability and ownership in work
Demonstrates intellectual curiosity selfmotivation and positive thinking
Responsibility #4 10%
Special Projects
Successful completion of assigned low to medium complexity projects that broaden knowledge and skillsets
Evaluates special project assignments for efficiency opportunities and escalates findings
Identifies and communicates standard work opportunities
Completes and maintains special project guides as needed
Responsibility #5 10%
Experiential Activities
Exposed to multiple Sourcing Service Lines and gains experience in sourcing multiple product categories
Gains initial exposure to supplier relationships
Participates in Premier Hospital Simulation training/local distribution site visit
Required Qualifications
Work Experience:
Years of Applicable Experience 0 or more yearsEducation:
High School Diploma or GED (Required)Preferred Qualifications
Skills:
Analytics
Financial modeling
Project Management
Experience:
2 years applicable experience
Coursework in purchasing or supply chain healthcare logistics materials management finance operations project management technology business intelligence tools leadership training
Active participation in professional memberships such as AHRMM ACHE ISM
Volunteer work in activities that advance the supply chain profession
ssion
Additional Job Requirements:
Remain in a stationary position for prolonged periods of time
Be adaptive and change priorities quickly; meet deadlines
Attention to detail
Operate computer programs and software
Ability to communicate effectively with audiences in person and in electronic formats.
Daytoday contact with others (coworkers and/or the public)
Making independent decisions
Ability to work in a collaborative business environment in close quarters with peers and varying interruptions
Qualified full and part time regular employees also receive access to the following benefits:
Health dental vision life and disability insurance
401k retirement program
Paid time off
Participation in Premiers employee incentive plans
Tuition reimbursement and professional development opportunities
Premier at a glance:
Ranked #1 on Charlottes Healthiest Employers list forand 2023 and 21st Healthiest Employer in America (2023)
Named one of the Worlds Most Ethical Companies by Ethisphere Institute for the 16th year in a row
Modern Healthcare Best in Business Awards: Consultant Healthcare Management (2024)
The only company to be recognized by KLAS twice for Overall Healthcare Management Consulting
For a listing of all of our awards please visit the Awards and Recognition section on our company website.
Employees receive:
Perks and discounts
Access to onsite and online exercise classes
Premier is looking for smart agile individuals like you to help us transform the healthcare industry. Here you will find critical thinkers who have the freedom to make an impact. Colleagues who share your thirst to learn more and do things better. Teammates committed to improving the health of a nation. See why incredible challenges require incredible people.
Premier is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to unlawful discrimination because of their age race color religion national origin ancestry citizenship status sex sexual orientation gender identity gender expression marital status familial status pregnancy status genetic information status as a victim of domestic violence covered military or protected veteran status (e.g. status as a Vietnam Era veteran disabled veteran special disabled veteran Armed Forces Serviced Medal veteran recently separated veteran or other protected veteran) disability or any other applicable federal state or local protected class trait or status or that of persons with whom an applicant associates. We also consider qualified applicants with criminal histories consistent with applicable federal state and local law. In addition as a federal contractor Premier complies with government regulations including affirmative action responsibilities where they apply. EEO / AA / Disabled / Protected Veteran Employer.
Premier also provides reasonable accommodations to qualified individuals with a disability or those who have a sincerely held religious belief. If you need assistance in the application process please reply toor contact Premier Recruiting at 704.816.5200.
Information collected and processed as part of any job application you choose to submit to Premier is subject to Premiers.
Required Experience:
IC
Full-Time