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BLUE CROSS BLUE SHIELD OF NEBRASKA Strategic Sourcing and Contract Specialist in COUNCIL BLUFFS, Iowa

Job no: 495227Blue Cross and Blue Shield of Nebraska (BCBSNE) is more than just an insurance company; we exist to be there for people in the best and hardest moments of their lives.Our team is the power behind that promise. And, as the industry rapidly evolves and we seek ways to optimize business processes and customer experiences, there's no greater time for forward-thinking professionals like you to join us in delivering on it!As a member of Team Blue, you'll find purpose, opportunities and the support you need to build a meaningful career and make a powerful impact in our community.In this role you will be responsible for leading negotiations and managing vendor relationships of moderate to high risk and complexity. You will utilize sourcing and vendor management best practices to set negotiation strategy as appropriate with vendors and suppliers and control all aspects of the negotiation process. You will work in a dynamic, customer facing environment where you will be expected to build strong internal and external business relationships, provide expertise to customers and stakeholders and identify and deliver optimal business solutions. You will also help to ensure that the execution of vendor contracts is in accordance with all company standards. In addition, you will play a key role in the analysis and acquisition of goods, services, and software to create effective agreements. We are open to this role being a full-time remote.What you'll do:Execute the end-to-end strategic sourcing process for assigned business function, which includes gathering data, conducting market research, benchmarking and identifying potential vendors, conducting vendor due diligence, and recommending the appropriate sourcing methodology approach. Ensure the standard process for sourcing events and contract negotiation is consistently followed including providing thorough documentation.Partner with stakeholders to create a negotiation strategy, including the appropriate sourcing methodology to ensure a successful vendor selection process is followed. Create and issue the appropriate procurement documents and facilitate and collaborate with all support functions during the sourcing process.Analyze vendor responses, create vendor scorecards and facilitate discussions with business stakeholders as part of the sourcing process.Responsible for negotiating savings and overall total cost of ownership/value in all negotiations to drive optimal value for BCBSNE and ensure all savings and cost avoidance are documented in a timely mannerPartner across the vendor management lifecycle process to ensure overall timely and accurate process from sourcing to onboarding.Review and recommend improvements and innovations to existing processes on a regular basis to improve efficiencies in procurement services.Maintain and support process compliance with corporate policies and in adherence with the corporate purchasing policyTo be considered for this position, you must have:Bachelor's Degree in Business Administration, Contract Law, Legal, Compliance, Supply Chain, or related fieldMinimum 5 years related work experience in Strategic Sourcing/ProcurementMinimum 1 year of experience in consulting with business stakeholders demonstrated by a high level of business acumenAbility to conduct needs analysis, understand strategic business initiatives, define requirements, recommend solutions, and influence decisions.Strong negotiation skillsThe strongest candidates for this position will also possess:Master's DegreeKnowledge of category management practices and demonstrated expertise within key areas such as IT Services (Professional Services/Labor), IT Infrastructure, IT and Enterprise Applications, and/or Indirect spend.Prior compliance experience, including application of risk assessment, procurement contracting provisions and contracting processes and how to leverage optimal outcomes with long-term best value resultsPrior vendor management experience, including evaluat