Vendor Management Specialist - Health Plan
Vendor Management Specialist - Health Plan
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$ 27 - 44
1 Vacancy
Job Description
Sanford Health is one of the largest and fastest-growing not-for-profit health systems in the United States. Were proud to offer many development and advancement opportunities to our nearly 50000 members of the Sanford Family who are dedicated to the work of health and healing across our broad footprint.
Work Shift:
Varies (United States of America)Scheduled Weekly Hours:
40Salary Range: $27.50 - $44.00Union Position:
NoDepartment Details
While this position is primarily remote some in-person attendance will be required for trainings team meetings or special projects. These on-site responsibilities will be scheduled in advance.Summary
Oversees the relationships and performance of our third-party vendors to ensure they meet the companys operational goals and compliance standards. As a key player in our vendor management process you will collaborate with cross-functional teams to optimize vendor contracts evaluate product and service performance and implement strategies that drive operational efficiency and cost savings. Serves as the primary point of contact for vendors addressing any issues or concerns that may arise and fostering strong professional relationships. Help streamline vendor onboarding processes and work on audits and assessments to pinpoint areas for improvement.Job Description
Manage relationships with third-party vendors ensuring compliance with service agreements. Conducts regular evaluations of vendor performance through metrics and audits. Assists in the negotiation and renewal of vendor contracts to ensure favorable terms. Collaborates with internal teams to identify vendor needs and opportunities for improvement. Develops and maintains a database of vendor information and performance metrics. Mitigates risks associated with vendor partnerships by implementing monitoring processes. Prepares and presents reports on vendor performance and relevant insights to management.Qualifications
Bachelors degree in Business Administration Supply Chain Management or a related field required.Experience in vendor management or procurement roles preferably in the insurance industry. Strong negotiation skills with a track record of managing successful vendor contracts.
Sanford is an EEO/AA Employer M/F/Disability/Vet.
If you are an individual with a disability and would like to request an accommodation for help with your online application please call 1- or send an email to
Required Experience:
Unclear Seniority
Employment Type
Full-Time
