Sourcing Analyst

Position / Department Summary

This role will meet with vendor representatives to identify product and contract opportunities. Conduct the reviews, analysis, coordination, communication, and administration of the hospital’s Group Purchasing Organization (GPO) agreements and local contracts. Represent the Contracts and Sourcing area with departments in matters of group purchasing or local contracts as requested.

• Receive, review and analyze GPO agreements. Collaborate with clinical staff to evaluate and coordinate action plans as required.
• Communicate contract status and action plan to end users, vendors, GPOs, Purchasing, and MMIS. Coordinate cost‑containment opportunities by utilizing Group Purchasing Organization or local contracts; encourage product standardization and recommend inventory containment opportunities, such as consignment, product deletions, additions, and changes.
• Coordinate evaluation and review of products with end users and vendors. Meet with vendors to describe conversion process and ensure follow‑through to prevent delays in established Hospital practices and schedules.
• Participate in Hospital Products Council and sub‑committees, providing reports and administrative support to the chairperson(s). Construct cost/benefit analyses for contracted or requested products, comparing against current practice to prevent non‑compliance with committed contracts, which would result in significant cost to the hospital and the need to re‑bid all inventory items.
• Work with appropriate VPs to obtain contract signatures as required.
• Maintain all related documentation and analysis for contracts.
• Maintain contracts database for products, pricing and other pertinent contractual information.
• Establish and maintain professional working relationships with vendors and hospital customers. Maintain knowledge of current professional trends and practices through such relationships.

A Bachelor’s degree in Business or a closely related field and at least 3 years of closely related experience is required in a medical/hospital environment. Equivalent combinations of education and experience may substitute.

• Microsoft skills – Excel, Powerpoint, Word, etc.
• Knowledge of Materials Management and other operational and inventory systems (Peoplesoft or Workday)
• Hybrid role

The posted pay range is Boston Children’s reasonable and good‑faith expectation for this pay at the time of posting. Any base pay offer provided depends on skills, experience, education, certifications, and a variety of other job‑related factors. Base pay is one part of a comprehensive benefits package that includes flexible schedules, affordable health, vision and dental insurance, child care and student loan subsidies, generous levels of time off, 403(b) Retirement Savings plan, Pension, Tuition and certain License and Certification Reimbursement, cell phone plan discounts and discounted rates on T‑passes.

Experience the benefits of passion and teamwork.