Contract Analyst

Job Description:

Under the general supervision of the Manager of Contracting and in collaboration with the Strategic Sourcing & Contract Administrator, provides contract support for WellSpan product and services. Participate in negotiation of contracts and prepares reports and analysis of contract details and statistics. Works independently and exercises independent judgment and discretion. Works collaboratively with strategic WellSpan Health customers through the Value Analysis process in the evaluation of opportunities and facilitation of savings.

Duties and Responsibilities

1. Assist in sourcing selection by analyzing purchase history, industry benchmarks, market trends, stakeholder requirements, contract compliance and utilization information in collaboration with Value Analysis and Strategic Sourcing & Contracting Administrator.
2. Provides value to organization through comprehensive contracting activity including market share assessment, standardization efforts and best in class pricing and terms Supports and/or Conducts bids and Requests for Proposal (RFP) including ability to prepare specifications and the analysis of bids and contracts.
3. Visits WSH sites and requests data for analysis.
4. Engage with suppliers/vendors to resolve contract price discrepancies.
5. Assists and/or implements contracts and solutions.
6. Drives savings for WellSpan Health in support of departmental targets. Accurately document contract spend and savings for every project.
7. Actively manages ERP system contracts and the management of the Supply Chain contract repository
8. Evaluate Vendor Performance and compliance to contract, communicate and document issues & corrective actions
9. Monitors and tracks rebates for assigned contracts.
10. Complete and provide continuous support for the item Add, Change, Inactivation process for ERP item master for assigned categories.
11. Identifies and implements process improvements. Shares learning and best-practices to help meet customer needs
12. Participates and assists Value Analysis teams in product trails and opportunity cost analysis.
13. Provide back-up support for day-to-day procurement activities as necessary.
14. Participates in organizational and GPO teams.
15. Knowledge of contracting law and governing regulations; relevant Professional certification (CMRP or CPM) preferred.
16. Provide leadership and support to the broader procurement team.
17. Monitors and resolves assigned service request tickets in a timely fashion.

Qualifications

• Notes:
  • Other combinations of formal education, training and experience may be considered.

• Minimum Experience:
  • 3 - 5 years in purchasing and/or contracting in a healthcare environment

• Minimum Education:
  • Bachelors

• Minimum Field Of Expertise:
  • Knowledge of contracting law and governing regulations

• Preferred Field Of Expertise:
  • Supply Chain management/Materials Management

• Preferred Certification:
  • CMRP or CPM

• Skills:
  • Intermediate computer skills; project management skills; knowledge of statistical analysis, spreadsheet and other software programs; ability to work independently and exercise independent judgment and discretion. Microsoft Office skill required.

#Hybrid(mostly remote)