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The Contract Specialist is responsible for managing the full lifecycle of contracts related to clinical and non-clinical services acquired from external vendors. This includes services such as IT, staffing, consulting, facilities management, and other operational functions. The specialist ensures cost-effectiveness, risk mitigation, and compliance while supporting internal stakeholders and optimizing vendor relationships.
Job Responsibility:
Analyze spend data and internal benchmarks to identify cost-saving and efficiency opportunities in purchased services and clinical contracts
Lead the end-to-end contracting process, from issuing Requests for Proposal (RFPs) through contract award, execution, renewals, and terminations
Negotiate favorable terms, pricing, and performance clauses to align with organizational objectives and minimize financial and operational risk
Collaborate with legal, finance, and compliance teams to ensure all contracts adhere to applicable laws, regulations, and internal policies
Act as the primary liaison for vendors, address performance issues, manage escalations, and drive vendor accountability
Monitor industry trends, supplier capabilities, and procurement best practices to inform sourcing strategies and vendor selection
Partner with internal departments to gather requirements, align contract goals with business needs, and ensure transparency in contract-related activities
Maintain accurate records of all contracts, amendments, renewals, and relevant communications in accordance with organizational standards
Generate and present regular reports on contract performance, savings, compliance metrics, and vendor scorecards to leadership and stakeholders
Requirements:
Bachelor’s degree in supply chain management, Business Administration, or a related field
5+ years of progressive experience in supply chain contracting and/or purchased services
Proven ability to lead cross-functional teams and collaborate with key stakeholders
Demonstrated strength in analytical thinking, negotiation, communication, leadership, and problem-solving skills
Nice to have:
Advanced expertise in negotiating complex contracts and leading purchased services initiatives
Proven ability to analyze spend data and market trends to support data-driven decision-making
Strong proficiency in Microsoft Excel, including advanced functions (e.g., VLOOKUP, pivot tables) for procurement data analysis and reporting
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