Your Role

The Global Business Services (GBS) department is responsible for delivering strategic and category supplier sourcing, contracting and governance excellence at Blue Shield of California. The Sourcing Specialist, Consultant will report to the Senior Manager, Sourcing. In this role you will focus on supporting the Blue Shield of California Pharmacy Services Business Unit in making effective sourcing decisions, and leading strategic, operational and transactional sourcing and contracting initiatives through execution.

Your Work

In this role, you will:

• Analyze the supplier market to identify best sources for acquisition of goods and services
• Manage RFx process including supplier selection and qualification through a competitive bid process for goods and/or services
• Promote small, disadvantaged, and minority-owned businesses through a supplier diversity program
• Utilize contract templates and create contract documents that fully encompass the business requirements and mitigate risk
• Assist the business to resolve supplier management issues such as supplier disputes and/or supplier termination
• Provide sourcing strategy advice and consultation to best achieve the business strategy and objectives
• Capture and aggregate business requirements for sourcing support requested
• Manage relationship with the business
• Provide escalation point within Global Business Services (GBS)
• Provide guidance to business partners and seek alignment to influence cost savings and drive supplier rationalization
• Facilitate supplier risk management, due diligence and onboarding activities
• Lead, structure and guide business partners on complex contracts
• Research cost drivers and conduct industry and spend analysis for the development of negotiation strategy
• Contribute to the analysis of complex situations, identify risks and contribute to the development of risk mitigation ideas
• Ensure supplier management principles and best practices are incorporated into contracts
• Write and negotiate statements of work
• Assist business partners in maintaining compliance with all Blue Shield of California policies regarding sourcing, contracting and purchasing
• Present status and issue identification/resolution effectively to management

Your Knowledge and Experience

• Requires a bachelor's degree or equivalent experience
• Minimum 7 years of relevant experience in a sourcing, contracting, and negotiations role
• Requires deep knowledge of end-to-end sourcing and contracting typically obtained through experience combined with advanced education
• Legal or paralegal experience preferred, preferably working directly with commercial contracts
• Previous experience working in the healthcare, pharmaceutical, biotechnology or related services industry preferred
• Previous experience leading a pharmaceutical pricing and contracting engagement from source to contract preferred
• Contracting Expertise: Understand the key components of basic agreements and how legal terms impact business terms and vice versa. Be able to articulate high-level understanding of the issues with confidence to the legal team as relates to both client contract requirements and supplier edits
• Contract Writing and Negotiation: Ability to understand how clauses relate to one another, including all exhibits and schedules. Ability to write clearly and concisely while adapting templates to fit the services being procured in accordance with client's expectations. Ability to review statements of work and/or requirements provided by a business partner, identify risks, apply best practices and improve the quality of the work product
• Procurement Knowledge: Knowledge of procurement methods, technologies and processes. Ability to analyze and recommend improvements to a client's procurement organization
• Competitive Bid Experience: Experience in executing strategic competitive bids with a track record of delivering cost efficiencies and value across diverse portfolio of enterprise sourcing activities. Ability to manage complex competitive bid processes
• Sourcing Project Management: Experience of managing sourcing projects from start to finish; strong ability to practice and apply time management skills to balance and manage the requirements of workload without missing deadlines. Ability to secure alignment with stakeholders and hold them accountable to deadlines, while communicating risks and necessary adjustments in a timely manner. Ability to manage multiple projects concurrently
• Data analysis, strategic thinking, accuracy, attention to detail, and Microsoft Office skills

Pay Range: The pay range for this role is $109,120.00 to $163,680.00 for California.

Note: Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.

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