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Beacon Hill Financial is working with a healthcare company in Manhattan to bring an experienced Sourcing/Procurement Specialist to their team. This role is responsible for developing and executing sourcing strategies, leading competitive sourcing events, negotiating supplier agreements, and identifying opportunities to drive cost savings, improve supplier performance, and reduce organizational risk.
Job Responsibility:
Develop and execute sourcing strategies aligned with organizational goals, budgets, and operational needs
Conduct spend analysis across categories, suppliers, and business units to identify cost‑saving and optimization opportunities
Perform market research to assess supplier capabilities, trends, and emerging technologies
Use data and analytics to support sourcing decisions and negotiation strategies
Negotiate pricing, commercial terms, and contract conditions in collaboration with internal stakeholders
Evaluate and select suppliers based on capability, financial stability, performance, and risk
Manage sourcing documentation and support contract execution activities
Partner with internal stakeholders to understand ongoing spend needs and provide sourcing guidance
Act as a trusted internal advisor, facilitating discussions and resolving sourcing‑related issues
Stay current on procurement best practices, industry developments, and functional advancements
Requirements:
4+ years of experience in sourcing, procurement, or a related supply chain function
Demonstrated experience leading sourcing initiatives, RFx processes, and contract negotiations
Strong project management skills, including defining deliverables, milestones, and timelines