Bcbsnc Careers – Vendor Manager

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Job Description:

The Vendor Manager will manage our key Vendors in alignment with agreed financial outcomes, as well as business vision and strategy, and will be assigned to managing specific vendors and/or contracts at a global level, partnering with the business owners. The Vendor Manager will ensure that the vendors are delivering against their contractual obligations and that BCBSA is receiving value for money. Vendor Managers are responsible for ongoing contract management and governance including, review and optimization of contracts according to stakeholder demands, management and resolution of contract and commercial issues, dispute resolution, renewal, commercial exit management and execution of all contract changes including any due to new regulatory or BCBSA Policy requirements, as well as the delivery and management of the Request for Proposal [RfP] process for those categories or vendors that they manage. The Vendor Manager is the central point of contact who understands the interests of BCBSA, services business owners and represents BCBSA towards the vendor from a FEP [Federal Employee Program / FAR] compliance perspective. The Vendor Manager is expected to work globally and ensure effective communication and engagement with stakeholders at all levels to support the overall business strategy and effectively manage the vendor relationship as they work to minimize value leakage over time.

Job Responsibilities:

  • Collaborate with key business stakeholders to understand business requirements and vendor performance and implement appropriate vendor management strategies
  • Manage internal stakeholders and build trusted relationships
  • Develop global vendor management strategies using proven analytical methods, processes and procedures
  • Execute on vendor specific management strategies
  • Deliver financial optimization by driving compliance to contractual agreements
  • Facilitate vendor performance reviews for strategic / complex relationships
  • Ensure compliance with enterprise policies and procedures
  • Communicate, and drive vendor management strategies

Job Requirements:

  • Experience at working both independently and in a team-oriented, collaborative environment is essential
  • 4-year College Degree
  • Solid working knowledge of current non-IT, total lifecycle cost structures and pricing mechanisms
  • Effective contract lifecycle management and negotiation skills
  • Strong advocate, familiarity and technical competence with P2P management software
  • Experience of successfully conducting a range of negotiations across a variety of categories
  • Comprehensive knowledge of procurement policies and regulations
  • Experience effectively prioritizing and executing tasks in a high-pressure environment is crucial
  • Minimum of 7 years of either sourcing and/or vendor management experience
  • 10 years negotiating and managing vendors
  • Adept at benchmarking and conducting research into product and service-related issues
  • Competency to manage priorities in delivery, product demands, and procurement timelines through analytical capabilities General knowledge of accounting, finance, marketing, and logistics
  • Work experience in Category Management, Supply Chain, Vendor Management or Procurement, including all aspects of strategy sourcing development and execution

Job Details:

Company:  Blue Cross Blue Shield Association

Vacancy Type:  Full Time

Job Location: Jacksonville, FL, US

Application Deadline: N/A

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