Category Management Lead Analyst - Hih - Evernorth
TheCignaGroup LLC
Hyderabad, India
On-site
Negotiate and execute key supplier contracts
Drive business value and cost savings
Minimize risk within supplier contracts
This role will be part of a team of category management and strategic sourcing professionals within the Third Party Management, & Shared Services (GPTPMS) organization
Job Summary
This role will be part of a team of category management and strategic sourcing professionals within the Third Party Management, & Shared Services (GPTPMS) organization.
The position will be an exciting opportunity for establishing a Category Management and Strategic Sourcing (CMSS) presence within the innovation hub.
Responsibilities include negotiating and processing supplier contracts, driving cost savings, and reviewing/revising contract documents for strategic deals.
Matching Summary
This role will be part of a team of category management and strategic sourcing professionals within the Third Party Management, & Shared Services (GPTPMS) organization.
Skills & Requirements
Must-have
Negotiate and execute key supplier contracts
Drive business value and cost savings
Minimize risk within supplier contracts
Leverage market conditions and business strategies
Execute on driving cost savings and cost avoidance
Review, revise, and draft contract documents
Evaluate best in class suppliers through RF(x)
Trusted advisor for business stakeholders
Develop understanding of key cost drivers
Support continuous process improvement
Maintain sound relationships with suppliers
Strong written and verbal communication skills
Strong understanding of legal and commercial contract terms
Broad knowledge of Source to Pay lifecycle
Nice-to-have
Influence future procurement and sourcing direction
Evolve world class procurement organization
Act as a change agent and demonstrate resiliency
Experience in health-related fields
Experience with HIPAA and BAAs
Key Requirements
5+ Years of relevant experience
Contracting experience within indirect procurement
Experience with procurement and sourcing in an onshore/offshore model
College degree (Bachelor) or equivalent work experience
Experience with Ariba or similar Procurement systems