Sourcing Specialist Jobs

At Owens & Minor, we are a critical part of the healthcare process. As a Fortune 500 company with 50+ facilities across the US and 18,000 teammates in over 90 countries, we provide integrated technologies, products and services across the full continuum of care. Customers—and their patients—are at the heart of what we do.

Our mission is to empower our customers to advance healthcare, and our success starts with our teammates.

Owens & Minor Teammate Benefits Include

• Employee stock purchase plan
• Development opportunities to grow your career with a global company
• Tuition reimbursement
• Medical, dental, and vision insurance, available on first working day
• 401(k), eligibility after 30 days of employment

- The Procurement Analyst will execute category strategies under the guidance of the Procurement team by building strong relationships with preferred suppliers and with internal teammates and ensuring compliance to policy. This role will support both raw materials and indirect categories. They will manage sourcing events, working closely with suppliers and teammates. Additional responsibilities include administrative oversight and support for key systems and databases to drive process improvement and metric reporting.

Core Responsibilities -

• Audits prices through supplier invoices, reports, and electronic sites/linkages to ensure they match or are better than negotiated prices.
• Participates in the planning, forecasting, expense, and capital budgeting processes, providing accurate cost estimates based on negotiated agreements and gathering volume and spend trends for future negotiations.
• Assists with implementing changes as directed.
• Develops financial and service information templates critical to creating the Request for Proposal (RFP). Reviews and analyzes supplier responses at each round, identifying areas for clarification, identifying incomplete information, and comparing specific and total pricing.
• Works with Strategic Sourcing Managers/Directors to create, distribute and analyze user and business satisfaction surveys.
• Reviews publications and conducts web searches on competitive product and pricing trends; conducts interviews with other companies and suppliers as required to maintain a perspective on the category marketplace with Strategic Sourcing Managers/Directors to identify and evaluate category/product/service and supplier trends.
• Reviews general ledger, fixed asset, inventory, and capital systems to ensure purchase patterns tie into financial reports and that assets are managed appropriately.
• Analyzes these spending patterns and all associated costs relative to the total cost of ownership related to the goods and services, including maintenance, operating, payments, resource, and communication costs.
• Supports planning, forecasting, expense, and capital budgeting processes, providing accurate cost estimates based on negotiated agreements; gathers volume and spend trends for future negotiations.
• Reviews paper and electronic invoices to understand and un-bundle the current pricing of goods and services into parts, such as purchase prices, discounts, implementation charges, and add-on fees.
• Gathers information throughout the enterprise on current supplier(s) service performance (e.g., responsiveness).
• Understands and develops volume, growth patterns, and assumptions necessary for sourcing any individual category.
• Reports and tracks savings and services against detailed contract terms for inclusion in overall procurement reports to businesses and management.
• Analyzes procurement policies for gaps and ineffectiveness.
• Makes recommendations to management regarding opportunities for improvement.
• Analyzes procurement processes for inefficiencies.
• Supports Raw Material and Indirect Procurement managers in the use of eProcurement tools, including RFIs, RFPs, and Reverse Auctions, and manages contracts in the applicable electronic repository.
• Assist Strategic Sourcing Managers/Directors in analyzing current specification of goods and services and their corresponding cost implications, participating in creating new standards for business review.
• Works with Strategic Sourcing Managers/Directors to develop recommendations.
• Works with Strategic Sourcing Managers/Directors to analyze supplier performance against SLAs and create supplier scorecards.
• Works independently to analyze current spend and suppliers used through the accounts payable (AP), travel & expense (T&E), wire, corporate procurement card, and other financial systems. This analysis is across the enterprise, including subsidiaries and all suppliers.
• Evaluates contract compliance trends across departments and subsidiaries within a category and identify vendors where usage and compliance appear to be an issue.

Qualifying Experience -

• Ability to read and write contracts and agreements.
• Formal training and certifications in procurement and asset management preferred.
• Financial analysis skills, including the ability to prepare complex economic models to explore alternatives.
• Financial analysis skills, including the ability to prepare economic models to analyze alternatives.
• Highly developed analytical and critical thinking skills
• Calculated risk-taking.
• Highly developed analytical and critical thinking skills
• Broad experience with major corporate suppliers
• Bachelor’s Degree required.
• Superior interpersonal, communication, and conflict-resolution skills
• Superior interpersonal, communication, and conflict-resolution skills
• Demonstrated ability to perform competitive bidding processes in an unbiased and ethical manner.
• Project management skills
• Understanding of principles of accounting, including the ability to read and analyze financial statements of suppliers.
• Understanding of principles of accounting, including the ability to read and analyze financial statements of suppliers.
• Excellent networking skills
• Minimum of three to five years of experience in procurement of and negotiation for raw materials, indirect goods, and services
• Proficiency with MS Office products (Excel, Word, PowerPoint)
• Demonstrated ability to conduct Requests for Procurement and Request for Information processes.
• Strong analytical and negotiation skills are required. Excel and PowerBI preferred.
• Fundamental understanding of financial systems data, accounting processes, and e-procurement technologies
• Knowledge of eSourcing tools preferred

If you feel this opportunity could be the next step in your career, we encourage you to apply.

Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran, or any other status prohibited by applicable national, federal, state or local law.